Business

WalletHub Report: Best Black Friday Shopping Tips

November 23, 2017, 9:15 AM HST
* Updated November 24, 10:03 AM
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WalletHub released recent holiday studies and reports, where you can find the best Black Friday deals.

Kohl’s, JCPenney and Belk are 2017’s Best Stores for Black Friday, offering an average discount of at least 62.8%.

Over 8% of items will be more expensive on Black Friday than they currently are on Amazon.com.

Books, movies and music will offer the most value on Black Friday 2017 relative to their current prices, while jewelry, apparel and accessories are expected to be the worst deals.

Spending: 33% of people plan to spend more than $500 on holiday shopping in 2017 (vs. 37% last year), according to WalletHub’s 2017 Holiday Shopping Survey.

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iTunes, Starbucks and Walmart top the list of 2017’s Best Gift Cards.

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Consumers can save $500-plus with one of 2017’s Best Credit Cards For Holiday Shopping.

Most consumers already have access to little-known credit card benefits that can really come in handy over the holidays, including price-drop protectionextended warrantiescoverage for damaged or stolen items and travel insurance.

Roughly 99% of store credit cards do not charge an annual fee, and the average card offering rewards in the form of discounts gives you more than 22.22% off your first purchase, according to WalletHub’s 2017 Store Card Landscape Report.

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All of the major retailers offering 0% financing use a dangerous feature called deferred interest, which has the potential to make holiday purchases up to 27.5 times more expensive than expected.

RELATED LINK
Hawai‘i Island’s Top 10 Black Friday Discounts

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