(MONEY Magazine) – $907 DEC. 25, 2006

Average amount Americans are projected to spend on holiday gifts. Many will put purchases on credit cards.

$1,225 MARCH 25, 2013

What (and when) you'll finally pay for those gifts if you make only minimum payments on your credit-card bill, assuming a 13.9% APR

SOURCES: The Gallup Poll, Bankrate.