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3 steps to save at least 10 percent on everything

Think you can't save money on items that never go on sale? Think again. Here's a simple, three-step process to save 10 percent or more whenever you shop online.

By MSN Money Partner Jun 20, 2014 11:38AM

This post comes from Maryalene LaPonsie at partner site Money Talks News.

Money Talks News on MSN MoneyCoupons and sales make it simple to save big on your purchases, but what about those times when you need to buy something and a coupon or sale is nowhere to be found?

In that case, here are three simple steps that can help you save at least 10 percent off anything you could possibly need to buy.

Step 1: Find a discounted gift card

The first savings step is to buy a gift card, but not any old gift card will do. Instead, you want to head to a website specializing in reselling gift cards at a discounted rate.

Here are some of the biggest sites in the reselling business:

  • Gift Card Granny.
  • Cardpool.
  • Raise.
  • CardCash.
  • Card Hub.

These sites let individuals with unwanted gift cards unload them by selling them to others at a discount. While the sites advertise discounts as much as 35 percent, you're typically going to save less than 10 percent for most cards.

You can learn more about discounted cards in our article about saving every time you shop.

Step 2: Buy through a rebate site

Now, in some cases, you could save 10 percent by simply using a discounted gift card for every purchase. However, we want to save you more. So on to Step 2 we go.

If you're buying online, make your purchase through a rebate site. These sites can often offer another 3 or 4 percent off your purchase. You'll pay the full amount upfront but receive the discount back in the form of a rebate.

These are some of the popular rebate sites:

  • Ebates.
  • Mr. Rebates.
  • ShopatHome.
  • Extrabux.

Before shopping, take the time to check out the store availability and terms at rebate sites. Some sites send checks automatically every few months while others require you to request a payment once you hit a minimum amount in your account. In addition, participating retailers and rebate amounts can vary between sites.

We've got a whole article about rebate sites, so be sure to read that as well.

Money in pocket © Tom Grill/CorbisStep 3: Use a cash-back credit card

The final step to saving 10 percent or more is to use your cash-back or rewards credit card.

Depending on the card, you could save anywhere from 1 to 5 percent on your purchase. As with rebate sites, you’ll pay the full price upfront but receive the cash back as a rebate or statement credit.

Of course, using your credit card comes with the caveat that you must pay off your balance when the bill arrives. Paying interest on a credit card is a sure way to negate your savings.

How will you be saving this year? If you've used a discounted gift card or rebate site, tell other readers about your experience in the comments below.


More from Money Talks News

Jun 23, 2014 8:08AM
That a-hole should be arrested for burning the buck.
Jun 20, 2014 3:11PM
What no comment section on the IRS scandal, nothing on how the IRS has lost all emails pertaining to Lois Lerner.  What a crock of chit.
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