7 Tools That Can Save You Money on Back-to-School Spending
Back-to-school shopping can take a toll on your wallet.
Families with kids in elementary through high school spend about $700 on average to get ready for school. Fortunately, saving money on school supplies, clothing, electronics and even snack foods can be as simple as pulling out your mobile device.
Here are seven tools to help you save money on back-to-school spending:
1. Rakuten (formerly Ebates)
The Rakuten app lets you earn cash back and take advantage of exclusive discounts when you shop at partner merchants. Deals might include 6 percent cash back at Kohl's or up to 5 percent back at Walmart.
Using Rakuten to save money on back-to-school spending is simple. You can download and install a Chrome browser extension to find and apply shopping coupons. Or you can download the Rakuten app to your mobile device.
When shopping, you can browse cash back and savings offers, activate the offers that apply and complete your purchases. You can also score deals in-store by linking them to your Rakuten account through the app or website.
Similar to Rakuten, TopCashback will connect you with cash back deals online. It's free to join and create an account, and you can browse deals at hundreds of retailers.
Sample deals that might help with back-to-school shopping include 2.25 percent cash back on select Target purchases, up to 10 percent cash back on Amazon and 4 percent cash back at Dell.com.
You can deposit cash back earned through the site into your bank or PayPal account, or redeem it as Amazon shopping vouchers.
The Dosh app lets you securely link your debit or credit card to your Dosh account, then earn up to 10 percent cash back automatically when you make purchases at partner stores and restaurants.
The money is held in your Dosh Wallet — once you reach a $25 minimum balance, you can transfer it to your bank or PayPal account, or even donate it to charity. The Dosh app is free to download for Android and in the App Store.
Another popular cash back app is Ibotta, which you can link to your favorite retailers' loyalty programs for instant cash back rewards. Cash back earnings can reach up to 10 percent, depending on the retailer. Store partners include The Children's Place, Foot Locker, Gap, Old Navy and American Eagle.
To use Ibotta, create your free account. Shop and make purchases at partner retailers, either online or in-store. Snap a photo of your receipt, upload to the app and receive cash back.
Perfect for back-to-school shopping, RetailMeNot is a savings hub that features cash back deals for more than 800 retailers, online and in-store coupon codes, free shipping offers from partner merchants and exclusive sales.
To start earning cash back through the site, you’ll need to create a free account. However, you can take advantage of coupon codes, free shipping offers and special deals without having to log in.
The Drop app takes a slightly different approach. You still link your debit or credit card to the app and shop at partner merchants. But instead of earning cash back, you earn points that you can redeem for gift cards for selected retailers.
Walmart, Best Buy and Costco are just some of the merchants that partner with Drop to offer in-app savings deals.
If you're looking to stock up on back-to-school lunch supplies and snacks, you may want to add Checkout51 to your shopping list. After you create a free account, you can earn cash back on featured grocery items. You can shop at any supermarket to take advantage of deals, but you’ll find special cash back offers available for Sam's Club members.
To use Checkout51, log in and browse deals. Select the relevant cash back offers, shop with your debit or credit card and upload your receipt to the app to get cash back.
These seven financial tools can help make the back-to-school season more affordable, while still letting you shop at your favorite retailers.
Community Question: What tools do you use to save on back-to-school shopping?
All content provided in this blog is supplied by Rebecca Lake and is for informational purposes only. Barclays takes no position as to the views, and makes no representations as to the accuracy or completeness of any information contained in the blog or found by following any link within this blog.