Posted in Blog  
  on Jul 10, 2014

How to Save Money at Home Depot

Home Depot is a wonderful store that allows customers to plant their own gardens, remodel their homes, or just satisfy the urge to go out and build something. From power tools to light bulbs, this store makes taking care of a home a simple and satisfying process. If you need to paint a wall, upgrade your lighting fixtures, or just stock up on cleaning products that are industrial strength, this is the #1 stop for you.

Buying name brand items at Home Depot can become an expensive venture rather quickly. Knowing how to save money while shopping at Home Depot can help you extend your budget just a little bit more. Below you will find the top ways that you can easily save a lot of cash without much effort at all.

Pay with PayPal Debit

Home Depot proudly accepts PayPal as a form of payment during checkout. If you have a PayPal debit card and you utilize your PIN for the purchase, you'll receive 1% cash back after 30 days directly into your PayPal account from the purchase.

Buy Gift Cards

There are a number of different ways to purchase gift cards at a discount that can be used at Home Depot. From an eBay listing to an in-store promotion, it isn't uncommon to save about 9% on your overall costs by utilizing this payment method. You might also be able to utilize a gift card exchange that will offer a similar discount.

Utilize Your Credit Savings

Many credit cards will offer a discount of up to 5% for purchases that occur at Home Depot. Sometimes this comes in the form of rewards points that can then be turned in for future store gift cards. Check the terms and conditions of your credit card before purchase so you'll know how much money you'll save or what rewards you'll receive.

Utilize Online Discount Codes

There are a number of discount codes that are available for free on coupon websites like RetailMeNot that can help you save in a variety of ways. These generally apply to online purchases only, but some stores may accept them at the point of sale. If you are shopping in person, you might also take competitor coupons into the store as some Home Depot locations will honor the coupon or even give you 10% more off than the coupon provides.

Tax Credits and Rebates

This is by far the biggest savings that you'll receive when shopping at Home Depot. There are state and Federal level tax credits available for most items that improve the energy efficiency of a home. Some items may even qualify for a local utility rebate, especially if you're thinking about an appliance upgrade. These credits can change from year to year, so be sure to check with your local laws or consult with a tax advisor about what kind of savings you could get in return for your Home Depot purchase today.


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