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DealGuru

DealGuru
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Points: 53 | Rank: 2 | Badges: 6 | Reactions: | Deal Challenges: 10 | Comments: 6 | Accepted Deals: 2

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DealGuru

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  • Looking to buy Amazon Echo show - how can I get the best price?

    @BigDeal, these are good options, but there is a better value you can get.

    Since you are right within 90 day BlackFriday window, I would make sure that you buy this with Discover Card, as it gives you price protection for 90 days and it works on Black Friday deals.  If you wait for couple more days, you will be in Cyber Monday price adjustment 90 day window as well. Between these two days there is a great chance that you will end up paying a price much lower than $200.  I would watch prices after you buy now, and any good sales would take a screenshot/save ad just in case black friday and cybr monday doesnt come up with anything.

    Please note that Discover card is the only card that has a 90 day price protection window and works on Black Friday.  Citi, Chase, Mastercard wil not help you in this case.

    Please see my post 
    http://bestdealwins.com/discussion/3/black-friday-door-buster-deals-without-going-to-the-store-at-4am
    BargainDudeBigDealSilverishGoldNova
  • Best ways to earn cash back when shopping

    When shopping online, in addition to earning cash back from your credit card, there are many cash back reward sites that also give you an additional cash back if you shop via their referral link.  Essentially, if you follow their link the site gets an affiliate referral commission from the store for your purchase that they share with you.  The cashback varies store to store and often ranges between 1% to 5%+.  
    I am registered for a number of such cash back sites (ebates.com and simplybestcoupons.com are my favorite).  Since each rebate site offers a different commission, a good way to be sure you are getting a maximum cash back there is cashbackholic.com.

    There I enter a store name where I plan to buy from, and it lists all of the cashback sites for that store sorted by highest cash back percentage.  
    I check which of the cash back sites I normally use offer highest commission, and click through that link.

    So an extra minute before I place an order saves me an average of 3% on all of my online shopping.
    BargainDude
  • Best Credit Card for price matching

    If you are not actively using a credit card price protection benefit then you are likely leaving thousands of dollars in cash on the table every year. Many top credit cards offer a benefit of giving you a price adjustment if you find a lower price either at the same store or anywhere else online or offlne. With the right card and the right strategy you can bring your savings to a whole new level.

    1) Which credit card should you get for price protection?
    My top recommendation is Discover.  I strongly prefer Discover IT Miles. See my post:
    Best Credit Card - Discover IT Miles Travel Card - get upto $8k/yr based on $8k mnth spend. YMMV
    http://bestdealwins.com/discussion/4/best-credit-card-discover-it-miles-travel-card-get-upto-8k-yr-based-on-8k-mnth-spend-ymmv

    B)Special bonus:
    If you have a friend who has a Discover IT Miles card then they can refer you and you each get $50 worth of points.  In your case your $50 worth of points will be matched after 12 months along your other points, so that's extra $100 you make.  
    If you don't have a friend with Discover IT miles card, you may use link below and I will be your friend (we will both get the credit as described above)


    My secondary recommendation is Citi (I like Citi double cash).  My third pick is Chase for some cards (like Saphire), but it's not great.  Many MasterCards also offer price protection benefits, but far inferior to the other cards.
    Discover offers 90 day protection, works for Black Friday, out of stock items, eBay BuyItNow listings, and retailer coupon codes. It offers a limit of $500 per item, $2,500 total benefit per calendar year (every January the clock resets).

    2) What strategy should I use to maximize price protection benefit?
    Your goal should be to come as close as possible to $2,500 calendar year limit without buying unnecessary stuff.  If you exceed the limit then just get another card to double that benefit.

    Strategy 1 - Save your purchases until Black Friday
    The easiest way to get hugh savings is to keep a list of what you need to buy ready to go for a week before Black Friday.  As soon as Back Friday ads start coming out, you can see which of your items go on sale at door buster prices and buy them at your leisure.  See my post 
    Black Friday Door Buster deals without going to the store at 4am
    http://bestdealwins.com/discussion/3/black-friday-door-buster-deals-without-going-to-the-store-at-4am

    If your items will not go on sale during Black Friday then chances are they will still go on sale during Cyber Monday with same strategy applies. You can get a credit card price match even if item is limited quantity or impossible to find at any store - you just need the ad. 

    Strategy 2 - Buy at your favorite store and price match against ebay BuyItNow listings, Amazon 3rd parties, or questionable internet stores.
    Many people will pay a premium to buy from Amazon to get quick and reliable Amazon Prime delivery.  Whatever is your favorite retailer, you can continue to shop with them and pay whatever premium.  Most people are not going to buy a product from an unknown store or a seller with no (or bad) ratings, even if they have a much cheaper price.
    With credit card price adjustment you get the best of both worlds - reliability of your favorite store, and lowest price from a store you would never buy from.

    Strategy 3 - it's all about base price, tax and shipping is irrelevant for price adjustments
    Lets say you buy a product on Amazon for $100 that comes with free shipping and no tax. There is the same product at bestbuy for $80, but with $30 shipping fee and $10 tax.  You can claim a price adjustment of $20, because credit card price adjustment doesn't take into consideration tax or shipping.  

    Strategy 4 - Save big on Large Screen TVs and high-end electronics
    Large stores such as Amazon and BestBuy are authorized dealers of your favorite electronic products.  Authorized dealers are mandated by manufacturers not to discount their products below certain point. You will often find many of the same products offered at deep discounts at stores you never heard of or with awful reviews.  These stores are not authorized dealers and if you were to order from them then there is a good chance you will fall victim of some sort of fraud or headache.  These stores are perfectly legit for price adjustments.  Since these are large ticket items, that will make a meaningful difference.

    Strategy 5 - Household improvements
    So you are hiring a plumber to replace a water heater or a general contractor to install your kitchen appliances.  He gave you a combined price for labor and installation. 
    Make sure that you get an itemized receipt of how much specifically was each appliance listing make and model.  
    Do a google shopping search for that model, and if that price is significantly lower anywhere (shipping and tax is irrelevant) then you got yourself a nice price adjustment.

    Strategy 6 - out of stock items 
    If you have Discover then you can price match against an item that lists price but availability is out of stock.  Take a screenshot of that internet page and it should work just fine.

    Strategy 7 - gray/black hat
    There are other strategies you can use for maximizing price adjustments, but I will limit my recommendations only to techniques that are fully within terms and conditions of the credit card companies and completely white hat. Staying above the fold is the best strategy for long term success.

    3) What tools can help?
    I don't believe in any price adjustment tools out there. They will all give you sub par results. Citi even has a PriceRewind service where it automatically searches for you.  While that is convenient, doing on your own will get you larger savings.  If you want to find a good price match then you have a few choices.
    - Google Shopping.  Just type the product keyword, and sort by base price from low to high.  Filter out for new items only.  You should supplement it with Amazon search, as often google shopping excludes amazon for some reason.
    Google shopping is also great to help you zoom in on a product you want if you are still undecided.  Look for products that have many store listings as those will most likely give you better price adjustment deals.
    -  ShopSavvy app. I find it useful in some cases, but still prefer Google Shopping+Amazon combo above.
    - PricePinx.com.  It makes it easy to add any product for monitoring to see if the price drops at that store.  Works better than citi pricerewind since supports all stores.  After buying any item I typically bookmark it with pricePinx and get notified if there is a drop.  





    I hope that helps.  Happy savings!
    BargainDudeSilverishGoldNova
  • Best Credit Card - Discover IT Miles Travel Card - get upto $8k/yr based on $8k mnth spend. YMMV

    Discover IT Miles Card is a great card for most people.  If you are a heavy credit card user, you can get back upto $5.8k annualized cash back based on $5k monthly spend, and $8k based on $8k monthly spend.  



    Top 3 unique features
    1) 3% cash back on ALL purchases. That is by far the best offer out there. 
    2) Very flexible price protection benefit, with $500 per item and $2500 per calendar year (that means if you structure properly you can get $5k per annual card ownership, based on when you get the card). The benefit is 90 days post purchase, works on Black Friday door buster deals, and even out of stock items.
    3)  No annual fee

    https://www.discover.com/credit-cards/travel/ for details.

     ---> Signup using this link below to get extra $100

    https://refer.discover.com/s/2wtjh


    There are a few key concerns to be aware of:
    1) Discover is not accepted everywhere, but from my experience it is accepted in most places.  To be sure, you shouldn't rely on Discover as your exclusive card and should have a Visa or MasterCard as well just in case.
    2) Discover is not great for international travel, If frequent traveler I would consider to supplement with a card that waives foreign transaction fees and provides lounge and other benefits.
    3) Discover doesn't provide a great credit line from my experience
    4) if you don't spend too much on your monthly credit card bills then you maybe better off opting for a different credit card with a large signup bonus offer like Chase Sapphire (worth $500- $625)
    5) if your primary concern is to carry a credit card balance or if you are having cash flow issues then you maybe better off looking for a credit card with an even more extended 0% APR purchases or balance transfer offers. This card already comes with 14 months 0% purchase APR, which is pretty good.   I don't recommend to carry credit card balances in general, but if you have special circumstances then you may have better credit card options.

    Other nuances:
    1) Many people assume that because the card is called Miles, the benefit is not cash but Travel. That is really confusing.  The benefit is actually a direct bank deposit, so it's just as good as cash. I am really not sure why they advertise it as miles.
    2) The 3% cash back is truly on everything, which is great.  1.5% back right away and 1.5% cash back match after a year of card ownership.  Total 3%.  The cash back match is a time limited offer and only for new card members.  If you already have a Discover card, no worries, you can have up 2 cards per person, so just apply for another one. If you have 2 cards already then you may ask another member of your household to sign up and add you as an authorized user.
    3) There are other perks that come with the card (free FICO score, social security identity monitoring alerts,  90 day return guarantee, extra year extended warranty, 90 days damage and theft protection). https://www.discover.com/credit-cards/member-benefits/shopping.html
    4) There is a sister Discover card called Discover IT card that has a lower overall cash back, but higher on specific rotating categories.  I strongly recommend to go with the Miles version, as 3% on every purchase will be favorable in most cases.

    Special bonus:
    If you have a friend who has a Discover IT Miles card then they can refer you and you each get $50 worth of points.  In your case your $50 worth of points will be matched after 12 months along your other points, so that's extra $100 you make.  
    If you don't have a friend with Discover IT miles card, you may use link below and I will be your friend (we will both get the credit as described above)

    https://refer.discover.com/s/2wtjh


    BargainDudeSilverishGoldNova
  • Black Friday Door Buster deals without going to the store at 4am

    We all see ads for $99 large screen TVs a day after Thanksgiving and wonder if a 3 hour wait at 4am in the morning in potentially dangerous crowd is worth the trouble?  What if you can get these prices without all the hassle? You can!

    By taking advantage of Discover Card or Citi Card price protection benefits, you can actually do the following:

    1) Wait until a week or so before Thanksgiving when Black Friday ads from various stores come out. Make sure you save the ads for step 3.
    2) Buy the products you want at whatever prices from either these stores or your favorite stores. Make sure you charge it to your Discover or Citi card.
    3) Wait until a day after Black Friday and submit a price protection claim to your credit card.  You should expect to get a payment from the credit card claims department for upto $500 per item (upto $2500 in total claims per calendar year). 

    Yes, it's a bit of work (maybe 30 minutes in total of your time in front of a computer), but sure beats the 4am black Friday crowd.

    A few relevant items to note:
    - If you are buying multiple items of the same type using Discover, try to stagger your purchases the week before Black Friday to limit 3 per day, as based on a card there is per day price protection exclusion. Citi doesn't have per item/day limit, but Discover does.
    - Some exclusions apply, refer to your credit card. Perishables, used items, jewelry, etc are excluded. 
    - Other credit cards like Mastercard and Chase also have price protection, but exclude Black Friday, Cyber Monday sales
    - Black Friday sales at wholesale clubs that require memberships maybe ineligible.  Better stay with large chain stores like BestBuy, etc.

    Enjoy.

    BargainDude