These days, more and more people may be cutting back on extra purchases to save money.
If you’re one of them, you’re likely trying to find ways to stretch your dollar.
You may have cut back on frivolous purchases, started making more meals at home, traveled less, and shopped the sales or clearance aisles.
But if you’re still feeling the pinch, there’s a money-saving method you may not have considered using.
We’re talking about Purchase Reward programs. Purchase Rewards programs help maximize your purchase power by saving money on anything you buy.
Who wouldn’t want to get a portion of their money back on their purchase? It’s almost like buying stuff on sale.
It doesn’t matter who you are, what you do, or how much money you make; everyone should be using purchase rewards programs.
You may already be thinking, but I’m already getting cash back with my credit card. That’s a great way to earn on purchases, but most credit card programs just bank points for you to use down the line, while others allow you to use points for cash back or statement credits, but that’s after you’ve purchased your item and redeeming points is dependent on you.
Purchase rewards programs are a little bit different.
These give you cash back automatically on your purchase. Instead of earning points that get banked for later use, which can be forgotten, rewards programs automatically return a portion of your purchase price back to you.
If you’re interested in this easy and automatic money-saving opportunity, don’t look to your credit card or a special promo program; look to your debit card.
Some financial institutions offer Purchase Rewards through your debit card so you can earn money back on purchases made from certain online merchants.
For example, Triangle Credit Union’s debit card offers a purchase rewards program that provides various discounts, with some going up to 10% back on purchases from certain vendors.
This is a phenomenal benefit for anyone working a budget because not only do you save money, but because you’re using your debit card, you’re not racking up a credit card balance that could charge you expensive interest.
If you have a Triangle Credit Union debit card, it’s easy to set up right through your online or mobile banking,
Just log in to your online or mobile banking account and register for Purchase Rewards, and you can explore and activate rewards from vendors within the program within minutes.
There are hundreds of offers with vendors spanning categories from clothing, automotive, wine, hotels, food, electronics, restaurants, and more.
Once you activate the offer, use your debit card with that vendor (online OR in-store) and get cash back to save yourself some moolah.
Now’s the perfect time; the holidays are ramping up, so check out purchase rewards and have fun exploring vendors for your holiday gift planning or maybe even a little something special for yourself.
