RetailMeNot, a leading savings and cash back destination, announced the return of its sixth annual members-only shopping event, National Cash Back Day. This year, the retail holiday spans a full three days of savings and will take place between November 7th – November 9th, featuring hundreds of stackable deals and cash back offers from top brands like Walmart, Nike, Sephora and more to help consumers kick off the holiday shopping season early. Visit CashBackDay.com for more information on the event.
National Cash Back Day
- Cash Back Day allows RetailMeNot’s shoppers to score up to 20% cash back at thousands of retailers including Walmart, Nike, Old Navy, Carter’s, Samsung, Sephora, Pandora and more. It’s your chance to score today’s most sought-after buys at throwback prices.
- While shopping Cash Back Day, RetailMeNot will automatically stack savings for you by combining codes with cash back offers to maximize your every purchase.
- By scoring deep cash back offers, RetailMeNot is essentially paying you to shop. Shoppers can collect their cash back rewards within 45 days to use for last-minute holiday purchases this season or to save for later. To take advantage of Cash Back Day, shoppers need to create a RetailMeNot account, which is completely free to sign up.
- Please click here to learn more about Cash Back Day and what to expect during next month’s event.
Top Early Holiday Insights by RetailMeNot
- Although rising prices remain a big concern for shoppers, our survey found that consumers still plan to shop this year’s holiday sales events and plan to spend an average of $1,069 this year (+14% vs 2023): $717 of this budget is planned to be spent on others and $353 on themselves.
- 1 in 3 Americans said that loyalty programs and cash back rewards would make them spend more. The number 1 incentive would be an increase in their household's income, followed by steeper discounts.
- 76% of holiday shoppers plan to get started on their shopping before Thanksgiving this year. The top five reasonings for early spending include:
- To spread out my budget/space out purchases, 60%
- To take advantage of early bird sales and promotions, 57%
- To avoid items being sold out, 42%
- To reduce stress during/near the holidays (by getting shopping done early), 38%
- To make sure everything arrives on time /avoid delays, 35%
- Increasing prices remain the top cause of holiday shopping stress again this year for 50% of Americans (compared to 52% last year). This is followed by lack of inspiration/not knowing what to buy (41%) and fitting everything into their budget (39%).
- Cash Back Day shoppers are planning to purchase within the below top 3 categories:
- Electronics, 66%
- Clothing including shoes and accessories, 65%
- Food and beverage, 32%
- 45% of American consumers are planning to adjust their holiday budget due to the November election.
Holiday Savings Tips + Tricks, According to RetailMeNot’s Shopping Experts
- Shop early and act fast - Get started on your holiday shopping early and give yourself as much time to shop as possible. Retailers are already kicking off early holiday sales now, like Cash Back Day on Nov. 7-9 and Amazon Prime Deal Days Oct. 8-9. We expect plenty more early Black Friday sales all of October and November heading into Thanksgiving weekend.
- Always stack sales with other discounts - Take advantage of shopping the holiday sales by shopping through cash back sites like RetailMeNot to find and automatically apply the best promo codes and cash back offers on top of every purchase at top stores to stack your savings.
- Sign up for email newsletters and download apps - Preparation is key, so be sure to sign up for the email lists from your favorite retailers. It’s easy to do, as most brands allow you to sign up on their website. Once you start getting the emails delivered to your inbox, you’ll learn about the upcoming sales and receive money-saving coupons and promo codes. We also recommend downloading the apps for your favorite stores and brands (and following them on social media).
- Install RetailMeNot’s FREE browser extension or mobile app - It finds and automatically applies the best promo codes and cash back offers to your purchase, helping you stack savings.
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