How to save on purchases

From electronics to home decor to furniture, retailers are scrambling to find the right stops to offer Labor Day sales – and more of your shopping can be done. can be done from the comfort of your own home.

Unfortunately, commodity prices have gone up. The July 2021 Consumer Price Index from the Federal Reserve reports that all commodities, except food and energy, have increased by 4.3% in price over the past 12 months. This means your dollars from last year are worth about 4% less than this year. So any sales you capitalize on can help protect against the rise in cost of goods.

Retailers are looking to push old inventory out to clear the way for the upcoming holiday season, and you can benefit from that effort. And with the right strategy and credit card rewards, you can see significant savings this Labor Day.

Here are some of the major retailers with Labor Day sales this year. However, the supply is limited with each of these deals. If you can’t secure an online transaction, consider calling a location near you to see if they have stock in stock.

Best buy: The deals last through September 16. Great device deals include up to $300 e-gift cards with certain purchases and free shipping on devices with prices from $399 and up. There are also deals on small appliances, including up to $150 off the vacuum cleaner.

Home Depot: Up to 30% off select furniture and decor, up to 40% off select bathroom supplies, and up to $80 off outdoor power equipment. Some small devices are up to 40% off. Some devices are discounted up to 40% through September 16.

Overload: Up to 70% off a long list of items, plus free shipping.

You can use a rewards credit card to help you save even more this Labor Day. Here are some points to consider before using your card in person or online.

• Score welcome bonus: If you apply for a new credit card, you will have a chance to receive a welcome offer. For travel rewards credit cards, this often looks like a large amount of rewards that can be redeemed for flights or hotels. If you choose a cash-back credit card, you’ll be able to save more on your purchase if you use the cashback to cover the cost of your purchase.
• Cashback is an easy win: Cashback credit cards, like the Chase Freedom Flex℠, will allow you to reimburse a portion of the cost of each of your purchases.
• Personal credit card offers: Credit card issuers have programs, such as Chase Offers and Amex Offers, where they offer discounts to cardholders at specific retailers. Before you shop, be sure to check your credit cards to see if they offer purchases like this.
• Purchase Protection: When you use a credit card with purchase protection, your purchases are automatically protected for the first 90-120 days of ownership, usually against theft and/or damage. Each card offers different coverage, so be sure to research specific policies and what types of items are covered.
• Back protection: Buyer remorse is something consumers may be all too familiar with. If you’re not satisfied with a purchase you’ve made and the retailer won’t accept your return, you can file a claim for return protection if your credit card offers it. Several American Express cards offer this policy, including the American Express Reserve Delta SkyMiles® Card and the Marriott Bonvoy Brilliant™ American Express® Card.

The best credit cards for Labor Day sales

If you’re planning to participate in any Labor Day purchases, whether online or in person, consider using one of the credit cards listed below to maximize your purchases. friend. These cards offer a nice welcome bonus, purchase protection, solid rewards for daily spending, or a 0% referral APR period.

Chase Sapphire Preferred® Card: The Chase Sapphire Preferred is currently offering 60,000 Chase Ultimate Rewards® points after you spend $4,000 in the first three months. 60,000 points worth $750 when redeemed for travel through the Chase travel portal.

Platinum Card® from American Express: The Amex Platinum is an outstanding travel credit card. It offers a long list of benefits, including airport lounge access, travel insurance, and valuable rewards for your spending. The card currently offers 100,000 bonus points to American Express Members after spending $6,000 within the first six months of card membership. It also offers excellent return and purchase protection.

Citi® Double Cash Card: The Citi Double Cash Card is a simple yet effective cash-back credit card. You’ll get 2% cash back on all your purchases, 1% when you buy plus 1% at checkout. There are no bonus offers, but the card has no annual fees and comes with valuable features like a 0% introductory APR offer on 18-month balance transfers. It then increases to 15.49% – 25.49% change on purchases and balance transfers. Balance transfers must be completed within 4 months of account opening.

Blue Cash Preferred® Card from American Express: The Amex Blue Cash Preferred is a low annual value cashback credit card that offers great returns. You’ll get 6% cashback on grocery purchases (up to $6,000 per year, then 1%) at US supermarkets. 6% cashback on streaming services, 3% cashback on shipping costs, 3% cashback on gas, and 1% cashback on everything else.

New cardholders can earn a welcome bonus of a $350 statement credit after you spend $3,000 on purchases on your new card within the first six months.

Visa® Platinum US Bank Card: While cashback and travel rewards are always great to earn, sometimes payment flexibility is the most important factor. With the Visa Platinum US Bank Card, you get an outstanding 0% introductory APR on purchases and balance transfers over 20 billing cycles. Then it goes up to 15.99% – 25.99% variable APR. Balance must be transferred within 60 days of account opening. Unfortunately, the card doesn’t earn any rewards. However, the card has no annual fee.

Chase Freedom Unlimited®: Chase Freedom Unlimited has many outstanding features, including great cashback categories and 0% introductory APR offer.

With Freedom Unlimited, cardholders will receive 5% cashback on travel purchased through Chase Ultimate Rewards®, 3% on dining out at restaurants (including eligible takeout and delivery), pharmacies and 1 .5% on all other purchases. Plus, you’ll earn 1.5% more on everything you buy up to $20,000 spent in the first year.

And if you need payment flexibility, this card offers a 0% introductory APR on purchases for the first 15 months of purchase. It then increases to 15.74% to 24.49% variable APR.