2023 Holiday Gift Guide (Bonus Episode)
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Episode Highlights
Cashback Tips
Maximizing cashback while shopping online can significantly enhance savings. suggests starting with cashback portals like Rakuten, which allows conversion of cashback into American Express points, potentially increasing the value from 10% to as much as 50% cashback 1. He also emphasizes the importance of finding promo codes and discounts, though it can be challenging due to affiliate links disguising as promo codes. Chris recommends using tools like RetailMeNot and Honey or simply asking live chat for discounts 2.
I always start at Cashback Monitor to see the best way to earn cashback or points shopping online.
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Additionally, leveraging credit card offers from companies like Amex and Chase can provide extra savings, especially during events like Small Business Saturday 2.
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Gift Card Strategy
Gift cards can be a strategic tool for earning bonus points during online shopping. Chris explains that buying gift cards from retailers where you earn more points per dollar, such as grocery stores or Amazon, can maximize rewards 3. This tactic is particularly useful for retailers that don't offer elevated bonus points directly.
Most retailers online don't qualify for any elevated bonus points like you would get for travel or dining or groceries.
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He encourages listeners to share their own gift recommendations, as many items in his guide were suggested by others, highlighting the collaborative nature of his gift guide 3.