This Is How to Save Money on Everything You Buy Online This Holiday Season
Boy, did Home Depot serve me with a jolt of reality recently.
I was minding my own business and reviewing my shopping list for my latest DIY attempt. I strolled through the store’s automatic doors and soaked up that swoosh of cold air.
Inflatable Christmas-themed yard decorations.
From the top industrial shelf, nearly touching the warehouse-style ceiling, they peered down at me.
The waving Santa seemed to say, “Hey, guess what month it is? That’s right, it’s not even Thanksgiving, but we’re already in the Christmas spirit.”
The pink pig with a candy-cane scarf tied around its neck taunted me, “Cha-ching! Where’s your piggy bank? It’s about to be empty!”
Admittedly, the whole scene wasn’t this dramatic. It was more me saying in a tiny voice, “Wow, Christmas already?” to the nice greeter who handed me a shopping basket.
Still, those inflatables were a not-so-subtle reminder that holiday shopping looms.
Some Slick Ways to Save Money While Online Holiday Shopping
If you’ve felt that same momentary panic when walking into retailers lately — brace yourself — we have to say the feeling is justified.
According to new numbers from the National Retail Federation, holiday sales are expected to increase by up to 4% this year. Although that sounds like a reasonable amount, it pushes last year’s $655.8 billion spending total up to $678.75 billion.
But don’t crumble up the wrapping paper and hide in an empty Amazon box just yet.
Keep in mind you have time to prepare by building an army of savings apps and browser extensions that’ll help you save while online holiday shopping. We found some of our favorites to get you started.
(Or you can opt for DIY presents, but that’s another story.)
1. Earn Cash Back With Ibotta
Traditionally, Ibotta is known for its cash-back offers on groceries, but it’s seeping into other markets now — like travel, restaurants and online shopping.
Let me give you a few examples that might help you tackle that Christmas list:
- For the outdoor enthusiast, snag 6% cash back from Backcountry.
- For the world traveler, earn 10% cash back from eBags.
- For the fashionista, bank $10 cash back from Stitch Fix.
Other online shopping offers hail from Gap, Groupon, Houzz, Kohl’s, Overstock, Target and more.
Just download the app, find your favorite retailer and shop through the portal. After you earn your first rebate, you’ll pocket a $10 bonus.
Bonus: If you don’t have Amazon Prime yet, the service can be a huge lifesaver for last-minute presents. If you decide to take the plunge and sign up, do so through Ibotta. You’ll earn a $20 Amazon gift card!
2. Protect Your Prices With Paribus
Have you ever ordered something online only to see that, one day later, the price has dropped? Yeah, that’s frustrating.
You’ll want to sign up for Paribus, a price-protection tool that’ll monitor these prices so you don’t have to worry.
The stores it will negotiate price-drop returns from big names, such as Best Buy, Target, Walmart and Zappos — among others.
When an item’s price drops, Paribus will work within the retailer’s policy to get you the price difference.
3. Get Reimbursed for Price Changes on Amazon
Are you one of those people who only orders from Amazon? (Yup, I once had a gift in mind for my dad but then had to find an alternative because I couldn’t order it through Amazon. Sorry, dad.)
Paribus used to reimburse you for price changes on Amazon. However, we’ve found a solid replacement. It’s called Trim, and it’s a personal finance advocate —in bot form.
Once you sign up, it’ll register your Amazon purchases and will reimburse you for any price fluctuations.
For example, did that coffeemaker you ordered for mom suddenly drop $15? Trim will reimburse you.
4. Swipe Cash Back on All Your Purchases
If you’re looking for a passive way to earn some money throughout the year, a cash-back credit card is perhaps one of the easiest methods.
You just have to be sure you don’t get too carried away with those purchases — and that the card is paid off at the end of each billing period.
Here’s an option we like: It’s the Chase Freedom Unlimited card. Its claim to fame? You’ll earn an unlimited 1.5% cash back on all your purchases. Plus, if you spend $500 in your first three months of opening the card (hi, groceries), you’ll pocket a $150 bonus.
There’s no annual fee, and the cash-back rewards don’t expire. We checked Credible’s annual rewards calculator, and it estimates $417 in annual rewards based on our spending habits.* (You can enter your unique spending habits and see what you’d earn, too.)
Get signed up — and 0% intro APR for 15 months — here.
5. Score Cash Back Through Ebates
Unfortunately you can’t double dip with Ibotta and Ebates cash-back opportunities, but it’s worth checking to see which platform offers the best deal.
Ebates is an online portal that allows you to find tons of rebates from participating retailers.
Here are a few gift-giving examples:
- For your favorite yogi, get 5% cash back from Lululemon.
- For the makeup obsessed, earn 4% cash back from Sephora.
- For the concertgoer, snag up to 3.5% cash back from StubHub.
- For the crafter, bank $2% back from Hobby Lobby.
Ebates also offers tons of coupons, so even if your preferred retailer doesn’t have a cash-back opportunity, you might be able to find a coupon to apply to your order.
6. Share Your Amazon Purchase History
The Harris Poll, a well-known survey company that measures U.S. public opinion, operates something called ShopTracker.
Basically, it anonymously tracks what products users are purchasing from Amazon.
It’ll pay you $36 a year for that access and promises to keep your information private.
Before you sign up (it’ll take something like three minutes), here are the basic requirements:
- You should shop on Amazon, naturally.
- You must be 18 and live in the U.S.
- You’ll need at least a Windows 7-compatible PC. If you have Windows XP or a Mac, it won’t work.
Install the app for free. Then, log into your Amazon account to bank an extra $36 this year. No, it’s not a ton, but it’ll absolutely cover a present for your nephew.
Or at least shipping…
Annual Rewards amounts will change based on the amounts you enter. The monthly spending category names and definitions may vary among issuers, and categories may not align one-to-one.
The information for the Chase Freedom Unlimited card has been collected independently by The Penny Hoarder. Opinions expressed here are the author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. The Penny Hoarder is a partner of Credible.
Carson Kohler (@CarsonKohler) is a junior writer at The Penny Hoarder. She’s definitely not buying one of those inflatable yard ornaments to haunt her dreams.