5 Ways to Maximize Your Discount

Are you looking for the best way to avoid paying full-price? Then getting discounts is the solution you are looking for. Some people believe that discounts are seasonal and they can only maximize on them during specific times of the year, but this is not the case because you can use some ideas to pay less any time.

Here are five ideas that will help you to maximize your discount to pay less:

1. Set Aside a card For Daily Purchases

For your everyday purchases, you need to identify a cash back card. You can choose from different banks depending on the one you prefer. Make sure to choose a card that pays not less than 1.5% of each purchase. There are card issuers like Discover and Capital One that offer higher paying options.

2. Consider a Specialty Card

Besides your everyday card, you should also consider getting a specialty card for travel and restaurant purchases. Cards like the Chase Sapphire Reserve will pay you 3x points in restaurant and travel categories. Using the card for travel you can earn up to 50% bonus, which raises the total reward to 4.5x. While looking for a specialty card, it’s advisable to settle for those that pay more than 2% in at least one category in which you spend a lot of money. In fact, you can use up to three cards that offer cash back in several categories that pay more than 2%. The idea of juggling several cards lets you maximize on the categories you shop at regularly.

3. Use multiple Coupon Codes

While buying online, you should check if the retailer allows multiple discount codes. If this is possible at checkout, you can get the codes on platforms like Groupon then apply them on the products you have purchased. A store like Target offers a number of coupon codes that you can redeem to save some amount while purchasing. It is even better if you are paying for a product that is priced high because the discount would amount to a sizeable amount.

4. Sign Up for Email Alerts

Many companies send coupons to people who are signed up for their newsletter in a bid to convert them to customers. You should identify several major stores, then sign up to their email list so when there are discounts you are alerted to make a purchase. You can do this with several stores to compare prices.

5. Leave Good On Your Card For Days

Another trick that works that will give you discounts is leaving items in the cart. Many online stores track activity of users and when you abandon a card they will follow up with persuasive offers to make you complete the purchase. Most of them will give you a discount as high as 30%, so try it in different stores to see if any of them will respond within a week.

Buying items do not have to always cost you a lot. There are many ways you can bring the cost down and one of the ideas is to look for discounts. Using your card for purchases with cash back will help you to save, and you can also go hunting for discount codes on sites like Groupon.


Join our newsletter

If you like Critical Financial, subscribe and get our latest content via email.

Powered by ConvertKit

Share this post:

Recent Posts

Leave a Comment


May the 4th Be with You: Star Wars Swag on Amazon

May the 4th Be With You: Star Wars Day Swag

It began as the punniest holiday ever but quickly grew into an earnest (if somewhat random) celebration of the long-running (and still... more →
People count the money to buy a house in future success.

Avoiding Mortgage Scams: Don’t Fall for Unreasonable Promises

If it sounds too good to be true, it probably is. That’s sound advice for almost all aspects of life, including the search for... more →
Eat for free for a whole month via the meal kit companies discounts for new customers.

How To Get a Month of Free Food: 9 Meal Kit Companies Offering Discounts to New Customers

Play your cards right and you might be able to line up a month’s worth of free meals if you were to try out all nine of the meal... more →
Generate extra cashflow -- here are 97 ways.

96 Awesome Ways to Generate Extra Cashflow

Who doesn’t want more money nowadays? We’ve got you covered on that front. Here comes a long list of different ideas on... more →
Valentine's Day gifts that won't destroy your budget

Valentine’s Day Crafts Are Romantic Rescue from Crazy Inflation

Fall for the hype this week and you’re out an average of $143.56 for Valentine’s Day. Crafts and other do-it-yourself tactics... more →

Ultimate Guide to Bitcoin — FREE Ebook!

Have we got something for you: a free ebook about bitcoin! more →
Get a flu vaccine.

Why You Need To Get a Flu Vaccine Right Now

Flu vaccines aren’t just for the elderly  anymore. Here are 25 reasons you should go get vaccinated. more →
Financially successful

Acquire the Trait All Financially Successful People Have

Financially successful people tend to all have a lot of self-discipline. Improving your discipline in one area of your life often spills... more →

What’s the Best Free Recipe App?

The Apple Store and Google Play together offer more digital cookbooks than you probably have room for on your mobile device. So which... more →
New tax law might slow down housing market.

What Will the New Tax Law Do to the Housing Market?

The new tax law will have a profound impact on the housing market, although in ways that go beyond the deductibility of mortgage interest... more →

4 in 5 Households Will Get a Tax Cut in 2018

Four out of five U.S. households will get a tax cut as a result of the legislation that President Donald Trump signed into law today. more →
Will bitcoin reach $100,000?

When Will Bitcoin Reach $100,000?

Bitcoin has accelerated its pace of appreciation in recent months, and if the current levels between $15,000 and $19,000 make you itch... more →
The Dow Jones topped 24,000 -- now what?

The Dow Jones Crossed the 24,000 Threshold. Now What?

Stocks appear to be increasing in volatility, yet the markets closed on Monday, December 4 with the Dow Jones Industrial Average is... more →
Peer mortgage

Should You Get a Peer-to-Peer Mortgage?

If you can’t get approved for a home loan from a bank, you might want to look into applying for a peer-to-peer mortgage. more →
Investment gifting is awesome.

4 Things To Know Before You Donate an Investment

While donations of any kind are appreciated, gifting investments benefits both the giver and the receiver. Here are four key things... more →
Are you wondering: What's the Relationship Between the Stock Market and Federal Debt?

What’s the Relationship Between the Stock Market and Federal Debt?

Wouldn’t it be wonderful if gains in the stock market could actually reduce U.S. government indebtedness? If that were true,... more →

45% of Americans Were Never Educated on Credit Card Use

Most likely you are self-taught about personal finance: 45 percent of consumers were never educated on credit card use, according to... more →