How To Save Money At Home Depot

*This post has been reviewed by an Illinois Registered CPA. However, when making important financial decisions, it's best to speak with your financial advisor.

Last Updated on August 13, 2022

Learn How To Save Money At Home Depot

Home Depot is the largest retailer for home remodeling in the United States. If you plan on renovating your home soon, Home Depot is a solid option for getting the tools (even led bulbs) you need. They sell:

  • Tools
  • Services
  • Appliances
  • Building products

Home Depot came into existence in 1978. Home Depot can help customers handle their own renovation and repair projects. Many may also feel they can tackle repairs due to the rise in renovations and home makeover programming.

For example, if you plan on renovating your home, you should have some savings first to buy the tools. Let’s say you want to remodel the bedroom. Then you can plan a budget and start saving by putting money in online envelopes. This method is the digital envelope system that can be used to save for different things, like:

  1. Building a house
  2. Saving for a vacation
  3. Renovating their home
  4. Fixing their credit score
  5. Installing a pool in their house

The digital envelope system gives you the chance to categorize your savings into online envelopes. You would have an envelope for each thing and you can put money into them until you reach your goal. For example, to save money for your bedroom renovation with products from Home Depot, you could use the Digital Envelope System like this:

Renovating the bedroom – envelopes

Price for the products – savings

King mattress

$500

Drawer

$400

Nightstand

$200

Wardrobe

$1800

If you want to shop at this store, read on to find out how to save money at Home Depot and shop on a budget.

What Is The Home Depot Discount Program

Pro Xtra is Home Depot’s discount program intended for loyal customers who are professionals. With this program, you can get different perks and personalized offers. Some of them include:

  1. Paint Rewards. You can get savings on paints, stains, and primers when you shop in-store and online.
  2. Purchase Tracking. You could organize your purchases by job, add past receipts, and track purchases at checkout.
  3. Volume Pricing Program. This is a feature that allows you to save by buying in bulk.
  4. Text2Confirm Authorization. You can authorize employee purchases in-store through text.

When you register for a Pro Xtra account, you will be eligible for a rewards-based credit card. That will give you the chance to earn perks 4x faster on eligible purchases. Every dollar spent counts as a reward when using the card. You can choose to use Pro Xtra Dollars or Tool Rental Perk to unlock perks. This program helps you build your business or renovate your home while saving money. It is free to join this program.

Image source: YayImages

Save Money At Home Depot With Discounts

You can save money at Home Depot with the different discounts they offer. Sometimes you can even ask the employees for deals as they have permission to give them. For example, some of the discounts for you to use are:

  1. Coupons
  2. Gift Cards
  3. Email Discounts
  4. Military Discount
  5. RetailMeNot Discounts

Save money with coupons

The website of Home Depot has a special section intended only for coupons. You can take a look and search for the latest deals and offers they have. These coupons can save you a lot of money if you combine them. For example, if you sign up for coupons, you will get $5 off your next $50 in-store purchase.

Use gift cards

Gift cards are a perfect way to save money at Home Depot. You can find these gift cards at sites like CardCash or CardCookie. Also, some gift cards have cash back rewards. An example of that is Gift Card Granny. You earn $1 on Home Depot gift cards every time you spend $100. If you want to double up your savings, combine the gift cards with online coupon codes.

Email discounts

When you sign up with your email address, you can get a $5 discount from Home Depot for your next purchase. Emails are excellent to get informed on sales and discounts. For example, if you sign up for Decor emails, you can get a 10% off on a furniture piece.

Military discount

If you are a part of the military or a family member, you can use the military discount for in-store purchases. First, the store needs to verify your ID, and if everything is fine, they give you access to a Virtual ID at check out. You can buy something with a 10% off discount.

RetailMeNot discounts

You can use RetailMeNot discounts to get Home Depot coupons and cash back when you buy things. They have a Deal Finder extension that combines the promo codes and cash back of Home Depot. It gives you the best deal available at the moment. That way, you will save some money for sure.

Use The Workshops To Save Money

Home Depot has DIY workshops. They are free to attend, and you can participate online.

They are a great way to learn how to handle some house repairs and maintenance for free.. That way, you will save money on hiring professionals. Home Depot also offers DIY workshops for kids.

Home Depot Free Shipping Option

There is a free shipping option if you order online from the Home Depot site. Orders over $45 are eligible. On appliances, the price is $396 or more if you want free shipping. If you want to save money but don’t have an order that meets the price eligibility, you can order your product online and use the Pick Up In-Store option. That way, you will avoid the shipping charges and save time looking for the product in-store.

Save Money With Online Savings Center

If you visit Home Depot’s website, you will find that they have a savings center like many other retailers. It is where they have all their sales, discounts, and deals for you to take advantage of. You can search by category before hitting the stores or buying online.

Check it before shopping because they may have discounts that go up to 50% off. They sometimes also have a special day offer that lasts only that day.

How To Save On Tools With Home Depot

If you have some broken tools and you can’t use them for remodeling, you can take them to Home Depot. They have an option to repair your tools. If you have a warranty, they will file a claim with the manufacturer for no cost. It is a great way to save money before you throw out your tools and buy new ones. Also, every tool repair comes with a 90-day warranty.

Another way to save on tools is to rent or buy used tools from Home Depot. They test every tool before renting or selling it to see if it is in good shape. To check what is available in your area, you need to enter the zip code.

Image source: YayImages

Other Tips To Save Money At Home Depot

Besides all this, there are many other ways to save money at Home Depot. You could wait for a big sale to buy what you need. They have a weekly announcement of the upcoming deals, and you can check if the item you want is there. You can also wait and buy things during the holidays since they may have discounts during that time.

You can even save on plants at Home Depot. If a plant arrives damaged or dead, you can exchange it for a new one. Keep the receipt and packaging, to ensure a smooth return process.

You can also save on tax at Home Depot. They allow some businesses and individuals to buy supplies and not pay sales tax. You only have to apply online for a Tax Exempt ID Number.

Frequently Asked Questions (FAQ)

How can I save money to shop at Home Depot?

There are many ways to save money fast. If you are disciplined, you can do it by putting a fixed amount aside each month in a place hidden in your home. If you decide to do that, you must be smart with your budget plan. If you can’t save money by yourself to shop at Home Depot, you can do it with the help of these budgeting methods:

How can I get a discount at Home Depot?

You can join the Pro Xtra membership to get discounts at Home Depot. You can enjoy different rewards, discounts, and perks for many items. You can even save up to 20% on paints. Also, you can take advantage of the Pro Xtra Credit Card.

Is there a chance to match prices with third-party sellers at Home Depot?

Yes, Home Depot does match prices with third-party sellers, but it works for online purchases. For physical items, the individual store manager decides on the price match.

Does Home Depot have a low price guarantee?

Yes, they have it for in-store and online purchases. For online purchases they ask you to submit the request directly, and the item must be available from a competitor. For in-store, whenever you find an identical product, make sure to prove it to Home Depot with an ad or photo, and they will match the price.

Who can get a Home Depot pro account?

The only requisite for you to get a Home Depot Pro Account is to be a professional customer. If you have an ongoing renovation, you can open this account and enjoy the discounts and perks.

Can you return to Home Depot without a receipt?

Yes, you can. Yet, you need to provide a driver license or an ID to confirm your identity. They can also try and restore your receipt in their system. If you bought with your credit or debit card, the receipt could be in their system for 90 days. If you have your receipt and want to receive full refund, you deadline is 365 days from the day of purchase, and you would have to buy the item with:

  • The Home Depot Consumer Credit Card
  • The Home Depot Commercial Revolving Charge
  • The Home Depot Commercial Account

Is Lowes or Home Depot cheaper?

They both are competitive and have similar prices for most items. If you find one thing on sale at one place, probably the other place has the same deal.

Some items have a difference of a few cents between them. It depends on the day, so before buying something, check them both. You can check the prices at these two stores for some products, but keep in mind that the prices are subject to change since they were pulled in July:

Products

Lowes price

Home Depot price

Samsung refrigerator

$1499

$1498

KitchenAid dishwasher

$1279

$1214

Lucid mattress

$969

$577

Sources:

About us. Retrieved from https://corporate.homedepot.com/page/about-us#:~:text=Today%2C%20we%E2%80%99re%20proud%20to%20be%20the%20world%E2%80%99s%20largest%20home%20improvement%20retailer

Morran, C. Dec 7, 2012. Home Depot employee’s insider tips on price-matching and discounts. Retrieved from https://www.consumerreports.org/consumerist/home-depot-employees-insider-tips-for-price-matching-and-getting-discounts/#:~:text=*%20Each%20Home%20Depot%20floor%20associate,the%20competition%2C%20mark%20it%20down

Home Depot coupons. Retrieved from https://www.homedepot.com/c/coupons

Deal finder. Retrieved from https://www.retailmenot.com/dealfinder

Free shipping. Retrieved from https://www.homedepot.com/c/Featured_At_Home_Depot

Savings center. Retrieved from https://www.homedepot.com/c/Savings_Center

Special buy of the day. Retrieved from https://www.homedepot.com/SpecialBuy/SpecialBuyOfTheDay

Buy professional used tools. Retrieved from https://www.homedepot.com/tool-truck-rental/used-tools/index.html

The Home Depot. Retrieved from https://www.homedepot.com/