I’m a Finance Expert – Costco Customers Can Save Hundreds of Dollars Using My Grocery Hack and Should Avoid Specials
A FINANCIAL expert has shared how Costco customers can save hundreds of dollars – and what to avoid.
Financial journalist Emma Newbery revealed a number of cashback apps that work with grocers like Costco to give customers rewards that help save money.
Costco is known for its great deals and coupons, but there are cashback apps that partner with the store and give you even more rewards for your purchases.
One of the apps Newbery suggests is Ibotta, which is free to use and also works with hundreds of retailers like Walmart, Best Buy, Ebay and Kohls.
Once you have the app, Newbery said “you have to look for offers and activate them before you shop,” which can “be a bit of a hassle,” though it’s worth the savings.
“The dollars you earn eventually translate into more money in your bank account,” she stated in an article.
Scan your receipts within a week of your purchase at various retailers that Ibotta partners with, and when you have $20 worth of rewards, you can cash out.
The money-saving expert also suggests that smart shoppers should have the Fetch Rewards app because you can use it to earn rewards wherever you shop.
Fetch Rewards is an app she says partners with hundreds of big name brands so it looks at the products you buy instead of the retailer you got the items from.
It collects your points for every receipt you scan within two weeks of your check-out date and awards extra points for “special offer” items you can buy from certain brands.
Newbery also suggests shoppers use Checkout 51, which she explains is similar to Fetch Rewards, to get rewards for purchases you’re already making to get cash back.
She said Checkout 51 also focuses on the product rather than the store, and she advised that the deals list is updated every Thursday.
“The great thing about using cashback apps is that you can stack benefits by using them with other offers,” said the money expert.
For example, she said, if you have a rewards credit card, “you can earn those rewards in addition to all of the cashback app” payments.
She noted that you can also stack the cashback rewards apps with in-store discounts and Costco’s Instant Savings coupons.
To avoid spending more in an effort to save money, Newbery said not to “buy things just because they’re on special or pay out more points on an app.”
“It’s a recipe for spending more rather than saving money,” she elaborated.
She recommends that shoppers “look for deals or points on products you were going to buy anyway” because that’s what will “shave money off your regular store.”
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