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Holiday Shopping Tips for 2020

Your holiday shopping might look a little different this year. Due to the Coronavirus pandemic, less people are opting to stand in long lines at the mall or travel to different stores to get the best deals and many are opting for smaller gatherings to celebrate. That means you are left with a new type of holiday shopping season ahead of you. Here are 6 tips to help you stay on top of your list while staying safe and healthy during the last months of 2020.

1. Shop small

Now more than ever it is important to think about how you can help the people around you. Small businesses have been struggling to make it through the pandemic; this holiday season shopping local could save your favorite store. Head downtown this season to find that unique gift you wouldn’t be able to find online, all the while supporting a business that needs your help!

2. Curbside pickup

If there is anything to take advantage of this year, it is the ability to buy something online for a curbside pick-up. If your goal is to leave the house as little as possible this season, curbside pick-up allows you to skip out on that delivery fee but still enjoy the benefits of keeping your social distance. Some stores will even jump out and deliver the package right to the back of your car!

3. Shop online

This year a lot of stores are moving the sales online, even after Cyber Monday comes and goes. The safest way to shop this year is to stay home and do everything from the comfort of your couch. Most stores will offer a discount if you sign up and create an account, and if you want to save some extra bucks, signing up for just the holiday season can help.

4. Stick to a budget

It’s always easy to get carried away when it comes to buying presents for your loved ones. It might be hard to keep track of what you have gotten everyone if you spread out your shopping. First make a budget for each person you are planning to buy for, now as you reach the price limit for each person it will be harder to get carried away.

5. Shop smart

Don’t just buy something to buy something. If you have a friend that seems to have everything, think about other options and places you can spend your money in honor of them. Making a donation to their favorite charity or donating some time volunteering together could be the best present you can offer.

6. Shop early

If you’ve opted for just a small gathering this year, but are still looking to spread the holiday cheer, getting gifts for friends and family would be sure to do the trick. Shop early so that you have plenty of time to shop, wrap, and mail your gifts to their recipients.

However you decide to shop, Radius Bank hopes you and your family stays safe and healthy this holiday season. Make sure to take advantage of our gift to you! Use your Radius Rewards debit card and receive up to 1% cash back on all of your purchases.1

1 The Debit Card Rewards Program (Cash Back Rewards) will provide 1.00% cash-back on all Qualified Purchases made by eligible Rewards Checking account holders if the account holder does any of the following; meet the requirements, is grandfathered in, or keeps an average balance of $2,500 or greater within the calendar month in their Rewards Checking Account, or receives total deposits of $2,500 or more in their Rewards Checking account via qualifying Direct Deposit within the month. Qualifying Direct Deposits are Automated Clearing House (ACH) credits, which may include payroll, pension or government payments (such as Social Security) by your employer, or an outside agency. Radius Bank may require documentation to verify that credits are Qualifying Direct Deposits. The value of this reward may constitute taxable income to you. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) to you that reflects the value of such reward. Please consult your tax adviser, as Radius Bank does not provide tax advice. Qualified Purchases include signature-based purchases made with a Radius Bank Debit Card tied to a Rewards Checking account enrolled in the Debit Card Rewards program. These are “credit” purchases that can be made in stores and online. To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. The “credit” option is most often pre-selected when making purchases online using a debit card. Online subscription payments may not be considered signature-based purchases. The payment transaction type (signature-based or other) is ultimately decided by the merchant and how the transaction is transmitted to Radius Bank at the time of processing. We reserve the right to determine if a transaction was a Qualified Purchase, and to establish additional types of Qualified Purchases that could be made available in a variety of ways. Any goods or services purchased with the Radius Bank Debit Card that are returned or otherwise credited to your Account are not qualified purchases. Unlawful purchases and purchases of currency, cash or cash equivalents (including, without limitation, currency from the U.S. Mint, Travelers Cheques, gift cards, Cryptocurrency, Casino Chips, Peer to Peer Payments, prepaid debit cards, account openings, loan payments, or other cash equivalents) made with your Radius Bank Debit Card are not Qualified Purchases. We may require you to provide documentation to validate that certain purchases are Qualified Purchases. Radius Bank reserves the right to modify or discontinue this program at any time. Your enrolled account must remain open, active, and in good standing to participate in the program, meaning: No NSF (non-sufficient funds) items during the preceding twelve calendar months in your checking account (regardless of the type of checking account). An eFunds check must show no negative history in the preceding twelve months and all monthly servicing fees must have been paid in full for the 12 preceding months. Radius Bank reserves the right to modify the description of “good standing” at any time. If you or the Bank closes your account for any reason before the end of the statement cycle, you will forfeit all rewards accrued through your linked Debit Card during that statement cycle.

About the author

Rebecca Arcand

As the Marketing and Design Specialist at Radius Bank, Rebecca makes understanding finances simple for the Millennial generation. Focusing on how to set up different accounts or how to save, Rebecca is an experienced financial mentor giving you advice that will make a difference.