A quick guide to surviving the 2018 Boxing Day sales

Evie Weily

18 Dec 2018

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If your credit card limit has managed to survive the pre-Christmas shopping frenzy but you still have your eye on something special before the year comes to a close, the Boxing Day sales might be the perfect time to  grab a bargain!

But with the nation’s total credit card balance predicted to hit $52.4 billion this December, we’ve put together five Boxing Day sales tips to help you avoid a new year financial hangover.

1. Plan your Boxing Day purchases

With the post-Christmas sales hype in overdrive, carefully planning your purchases can help you avoid any temptation to make impulse decisions. Create a list of the items you would like to purchase and try to budget what you expect to pay for them, factoring in some contingency on those inevitable impulse purchases.

2. Don’t be afraid to jump online

Despite the Black Friday and Cyber Monday sales having been and gone, don’t assume that the best deals in the post-Christmas sales will only be found in-store. Surfing online sites before you hit the shops will not only give you a sense of what prices you should be paying, you can also find out what stores are selling what and if they have stock available, which could save you time and money on the day.

It can also pay off to go in-store armed with a competitor’s price list to take advantage of any price matching programs.

3. Avoid cupboards clutter

Just because something is on sale, doesn’t mean it’s a great purchase. Multi-buys can be good value depending on what you’re purchasing, but getting 50% off 100 scented candles that are only likely to take up space in your cupboard is something you’ll probably want to reconsider. If you aren’t certain about your purchase, most Australian businesses have good returns policies so be sure to check the store’s guidelines on making a return.

4. Avoid the ‘buy now, pay later’ pain

Although post pay services such as Afterpay and ZipMoney have become popular payment methods in Australia, they are not the only solution to a sales season shopping spree. In a recent survey conducted by Mozo on Afterpay, 30% of those surveyed admitted to having missed at least one payment. So to save yourself any future financial pain, going back to basics and using a debit card or cash at the sales could be the way to go.

5. Don’t be afraid to haggle

Don’t be afraid to push the retailers to get the best price possible. The sales exist to encourage purchases, so if you’re determined to grab a bargain then why not try your hand at haggling? Some tips for successful bargaining include:

• Never shop unprepared: know exactly what competitors are offering and get the store to match them.

• Bundle for bigger discounts: if you’re buying more than one product ask for an additional discount, or see if they’ll throw in something extra for free.

• Stay firm: always be prepared to walk away if you can’t secure the offer you want

Want to arm yourself with a budget-friendly credit card for the new year? Check out some of the great low interest deals below, or head over to the Mozo credit card comparison hub for even more offers.

Credit card offers 2018 - rates updated daily

  • Promoted

    Bankwest Breeze Mastercard

    0% p.a. for 6 months and then 9.90% p.a.

    9.90% p.a.

    $79 $0 in the first year

    0% purchase rate for the first 6 months, then moving to 12.99% thereafter, great for consolidating debt. 0% p.a. on balance transfers for 26 months (2% BT fee applies)

    • 0% p.a. for 6 months and then 9.90% p.a.

    • $79 $0 in the first year

    • 9.90% p.a.

    • 55

    • 21.99% p.a.

    • 2%, Min $4.00

    Read our Mozo Review to learn more about the Breeze Mastercard

    Details Close

  • Promoted

    Virgin Money Virgin Australia Velocity Flyer Card - Purchase Rate and Balance Transfer Offer

    0% p.a. for 6 months and then 20.99% p.a.

    0% p.a. for 14 months then 20.74% p.a.

    $129 $64 in the first year

    Receive a $129 Virgin Australia gift voucher each year. 0.0% p.a. on purchases for up to 14 months. $64 annual fee in the first year ($129 after)
.

    • 0% p.a. for 6 months and then 20.99% p.a.

    • $129 $64 in the first year

    • 0% p.a. for 14 months then 20.74% p.a.

    • 55

    • 20.99% p.a.

    • 2.7%, Min $2.70

    • Points are credited to the Velocity Frequent Flyer program.

    Details Close

  • Promoted

    Heritage Bank Gold Low Rate

    No current offer

    11.30% p.a.

    $0

    Heritage Bank Gold Low Rate Credit Card offers a 11.30% purchase and cash advance rate and comes with no annual fee.

    • No current offer

    • $0

    • 11.30% p.a.

    • 0

    • 11.30% p.a.

    • 2%, Min $2.50

    Read our Mozo Review to learn more about the Gold Low Rate

    Details Close

  • Promoted

    Bankwest Breeze Platinum Mastercard

    0% p.a. for 6 months and then 9.90% p.a.

    9.90% p.a.

    $99 $0 in the first year

    Streamline your budget with a low ongoing interest rate, up to 55 interest free days and 0% p.a. on balance transfers for 6 months. Plus, travel with free international travel insurance for you and your family by buying your tickets on your card.

    • 0% p.a. for 6 months and then 9.90% p.a.

    • $99 $0 in the first year

    • 9.90% p.a.

    • 55

    • 21.99% p.a.

    • 2%, Min $4.00

    Read our Mozo Review to learn more about the Breeze Platinum Mastercard

    Details Close

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