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The phrase 'big spender' is correct and usable in written English.
You can use it to refer to someone who spends a lot of money, usually on luxury items. For example, "My brother is a real big spender, always buying the most expensive things."
Dictionary
big spender
noun
One who frequently makes large purchases, especially of extravagant goods.
synonyms
Exact(60)
Big spender.
Hey big spender!
A V.I.P. and a big spender.
Isn't Mr. Obama a big spender?
A frugal bohemian or a big spender?
"I'm not a big spender," Ecclestone says.
If you're a big spender, that is.
Its 14 songs include "Big Spender".
We had found our big spender.
An equally big spender is emerging.
You know, this is a big spender.
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