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Don’t Get Spooked by the Cost of Halloween

Oct 28, 2016

Halloween can be a fun time for the entire family filled with buckets of candy, spooky costumes and neighborhood parties. It can also put a big dent into your wallet if you aren’t careful. In 2015, Americans were expected to spend close to $6.9 billion in Halloween supplies. Yikes!

Try these tips to keep your costs down for all of your fall and winter festivities.

Cutting Back On Costumes

While it may seem impossible to convince your children that they don’t need the latest superhero costume, there are other ways you can save.

Start by recycling your family & friend’s old costumes. With growing children, many families can only get one year out of a costume. Organize a neighborhood swap to help everyone find something they like without the sticker shock that comes with purchasing a new costume.

When it comes to adult costumes, visiting your local thrift store is always a great way to get a few items to make your costume stand out.  The more creative you get, the more you will be able to save!

Party Supplies

Hosting a Halloween party doesn’t need to break the bank either. While you’re searching for your costume at the thrift store, keep your eye out for decorations that can add some Halloween flare to your home.

The dollar store is another great resource to stock up on decorations and supplies.  Save on your party supplies by selecting bright orange plates from the party section rather than the Halloween supplies to help your budget as well.

Purchase pumpkins to add decoration to your home. These pumpkins can do double duty as your party guests each grab one during the party to compete for the coveted title of “Best Pumpkin Carver”. Don’t forget to roast those leftover pumpkin seeds as a healthy treat for your little ghosts and goblins.  

Let Your Shopping Benefit You

Once you’ve looked around to find the best deals on costumes and candy, you can save even more by using a card that rewards you for your purchases. Our CashBack Checking allows you to earn up to 1.00% APY1,2 on your transactions.

So no matter what costumes or party supplies you need, you will get rewarded for using your CashBack Checking debit card to make your Halloween purchase. Sign up today to gain rewards while you shop throughout the holiday season.

 


[i] “See The Crazy Amount We’re Spending On Halloween This Year” Fortune.com. 28 Oct. 2015. http://archive.fortune.com/2015/halloween-money-spending-numbers/

1 The Annual Percentage Yield (APY) is accurate as of 10/26/2016. The interest rate and corresponding APY for savings and money market accounts are variable and are set at our discretion. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.

2 Earn up to 1.00% cash back on signature-based transaction purchases. Earn up to $2,000.00 per month in cash back on your signature-based transactions. Maintain a $1,500.00 average daily collected balance to earn 1.00% cash back on signature-based transaction purchases. If your average daily collected balance falls below $1,500 you will earn .50% in cash back for the month. Cash back is calculated on net purchases (purchases minus returns or credits). Cash back will be calculated and paid on your monthly statement cycle date. Cash back is paid in the form of a deposit to your Bank of Internet USA CashBack Checking account. Your total cash back earnings may be reported as miscellaneous income to the IRS on a 1099-MISC form. Merchants who accept Visa/MasterCard cards are assigned a merchant code which is determined by the merchant or its processor in accordance with Visa/MasterCard procedures based on the kinds of products and services they primarily sell. Bank of Internet cannot control how merchants choose to classify a transaction; Bank of Internet cannot guarantee a transaction will qualify. Purchases made at Super Markets, Super Stores, Grocery Stores, Wholesale Stores, Discount Stores, USPS, and financial or money transfer institutions are not eligible. Purchases made using virtual wallets, funds transfer services, or other similar technology are not eligible. If you close your account mid-cycle, your accrued cash back earning will be forfeited. If your account is at zero at the end of your statement cycle, your accrued cash back earnings will be forfeited for that cycle and your account will be closed. The Bank has the right to change or cancel this program at any time.



"Don't Get Spooked by the Cost of Halloween"

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