Get Ready for Amazon’s Prime Big Deal Days: Tips to Maximize Your Savings

As the holiday season approaches, Amazon is offering a golden opportunity for shoppers to save big during its Prime Big Deal Days sale on October 8 and 9. This two-day event allows Prime members to snag impressive discounts on a vast array of products, from beauty essentials to smart home gadgets. However, to ensure that you make the most of these deals, it’s essential to steer clear of common shopping pitfalls that could end up costing you money. Here are some key considerations to enhance your shopping experience.

Consider the Prime Visa Credit Card

For frequent Amazon shoppers, using the Prime Visa credit card can substantially boost savings. This card has been highlighted by CNBC Select as a top choice for online shopping due to its exceptional cashback benefits.

Prime Visa cardholders can earn:

• Unlimited 5% back on purchases at Amazon.com, Amazon Fresh, Whole Foods Market, and Chase Travel (with an eligible Prime membership).
• Unlimited 2% back at gas stations, restaurants, and local transport.
• 10% back or more on select rotating items on Amazon.com.
• Unlimited 1% back on all other purchases.

Additionally, upon approval, eligible Prime members receive a $150 Amazon Gift Card, making the card an attractive option for those who routinely shop on Amazon. There are no annual fees, though a Prime membership is required.

Explore Alternatives to Full Membership Fees

While the excitement of Prime Big Deal Days is enticing, shoppers should note that these sales are exclusive to Amazon Prime members. If the $139 annual fee—or the monthly fee of $14.99—seems steep, there are alternatives.

New members or those who haven’t subscribed in the past year can sign up for a 30-day free trial. College students and individuals aged 18-24 may also be eligible for a complimentary six-month Prime Student trial. It’s crucial to remember to set a calendar reminder as these trials automatically convert to paid memberships after they expire.

Furthermore, you might consider using the previously mentioned Prime Visa card to offset the cost of your first membership year.

Choose Shipping Wisely

Amazon is well-known for its rapid shipping options, but if your purchases are non-urgent, selecting no-rush shipping can be beneficial. Often, this option comes with perks such as immediate discounts or rewards applicable to digital products, providing valuable savings on top of your purchases.

Don’t Skip Comparison Shopping

Before making a purchase, take time to compare prices across different retailers. Amazon may not always have the lowest price, and there could be better deals available elsewhere. Tools like CamelCamelCamel can help track price histories and alert you to the best times to buy, ensuring that you make informed purchasing decisions.

Plan Ahead for Upcoming Sales

For those eyeing big-ticket items, particularly electronics, it might be wise to hold off on purchases until Black Friday and Cyber Monday. Historically, shoppers can find substantial discounts on gaming consoles, toys, kitchen items, and dinnerware during the holiday shopping period.

Create a Shopping List

To avoid overwhelm during the vast sale, approach your shopping with a strategy. By creating a list of desired items, you can ensure you stick to your budget and avoid spontaneous purchases. Use this time to stock up on household essentials while keeping your wish list in mind. Additionally, using the “save for later” feature can help you better manage your spending.

Subscribe for Expert Tips

As you prepare for Amazon’s Prime Big Deal Days, consider subscribing to the CNBC Select Newsletter. This resource is invaluable for receiving expert financial tips, strategies, and updates, helping you maximize your savings and financial wellbeing.

By keeping these strategies in mind, you can navigate Amazon’s Prime Big Deal Days with confidence, ensuring that your shopping experience is both enjoyable and cost-effective. Happy saving!