Maximize Savings During Amazon’s Prime Big Deal Days: Avoid These Common Mistakes

Amazon’s Prime Big Deal Days sale, scheduled for October 8 and 9, is a much-anticipated event for online shoppers looking to snag significant discounts on a wide range of products. With the opportunity for substantial savings across categories from beauty items to smart home essentials, the two-day sale is exclusively available to Amazon Prime members. However, before you dive into the shopping spree, it’s crucial to be aware of some common pitfalls that could cost you money during this event.

Consider the Prime Visa Credit Card

For frequent Amazon shoppers, applying for the Prime Visa credit card could enhance your shopping experience. CNBC Select recently highlighted this card which offers extensive cashback benefits, making it an attractive option for online purchases.

With the Prime Visa Rewards card, you can earn:

• 5% back on Amazon.com, Amazon Fresh, and Whole Foods Market purchases with an eligible Prime membership.
• 2% back at gas stations, restaurants, and on local transit and rideshare services.
• 10% back or more on selected items and categories on Amazon.com.
• 1% back on all other purchases.

Additionally, new cardholders receive a $150 Amazon Gift Card instantly upon approval. Importantly, there is no annual fee for the card, although a Prime membership is a prerequisite.

Explore Options to Avoid the Annual Prime Fee

Some shoppers may hesitate at the $139 annual fee (or $14.99 monthly) associated with an Amazon Prime membership. However, there are opportunities to score a free membership. For instance, if you haven’t been a member in the past year, you can sign up for a 30-day free trial. College students and non-students aged 18 to 24 also qualify for a six-month free Amazon Prime Student trial.

It’s important to remember that you will need a valid credit card for signing up, and setting a calendar reminder is wise to avoid being charged once the trial ends. If you’re keen on securing a Prime membership but don’t want to pay the full annual fee upfront, earning the bonus from the Prime Visa card can offset some of that cost.

Opt for No-Rush Shipping for Additional Incentives

While Amazon is renowned for its swift shipping options, shoppers should consider the advantages of no-rush shipping if their purchases aren’t time-sensitive. When opting for this delivery method, Amazon often provides immediate discounts or rewards for digital products like e-books, movies, and music. This can be a strategic way to save even more during the sale.

Don’t Skip Price Comparisons

Before finalizing your purchase, it’s advisable to conduct thorough price research. Just because an item is discounted on Amazon doesn’t mean it’s the best deal available. Use price tracking tools like camelcamelcamel to monitor Amazon price histories and compare current prices with those from other retailers.

This service is free and allows you to set alerts for price drops on your favorite products, ensuring that you make informed buying decisions.

Timing Your Purchases Wisely

While Prime Big Deal Days presents excellent discounts, it’s also essential to recognize that other significant sales events lie ahead. For instance, electronics shoppers might find better deals during Black Friday and Cyber Monday, particularly on items like gaming consoles. Specific categories, such as toys and kitchenware, also tend to see discounted prices during the holiday shopping season, making it worth holding off on certain purchases.

Shop with a List

With a plethora of sale items, it can be easy to lose focus. Creating a shopping list ahead of time can streamline your experience and help prevent overspending. Focus on essential items you need, as Prime Big Deal Days is an excellent time to stock up on household necessities, such as home, pet, and baby products.

To stay organized, consider bookmarking products or adding them to a wishlist to avoid aimless scrolling and the lure of impulse buys.

Conclusion

As Amazon’s Prime Big Deal Days approach, shoppers have a unique opportunity to save on a multitude of products. By avoiding common mistakes such as neglecting cashback options, overlooking price comparisons, and shopping without a list, you can maximize your savings during this exciting sale event. Stay informed and make the most of your shopping experience.

To receive ongoing tips and strategies for managing your finances, consider subscribing to the CNBC Select Newsletter for expert advice directly to your inbox.

Editorial Note: The opinions, analyses, reviews, or recommendations expressed in this article belong solely to the Select editorial staff and have not been reviewed or endorsed by any third party.