New Visitors Privacy Policy Sponsorship Contact Us Media
Baby Boomers Family Green Home and Auto In Critical Condition Just Starting Out Lifestyle Money
- advertisement -
Bankrate.com
News & Advice Compare Rates Calculators
Rate Alerts  |  Glossary  |  Help
Mortgage Home
Equity
Auto CDs &
Investments
Retirement Checking &
Savings
Credit
Cards
Debt
Management
College
Finance
Taxes Personal
Finance

 

Transcript: 5 deals at warehouse stores

Anchor Intro: When economic times get tough, we're all looking for ways to save a few dollars. And one way to do it is to shop at warehouse or membership stores. But just because something's in these stores, doesn't make it a deal. Bankrate.com has five of the best deals.

- advertisement -

Voice over 1: When it comes to everything from gas to groceries, more and more Americans are heading to warehouse clubs in search of bargains. There are now more than 1,100 of these stores nationwide doing more than $100 billion in sales.

Voice over 2: But not everything found here is a bargain, and price comparison with traditional stores isn't always easy. And membership costs money -- $40 to a 100 bucks.

Voice over 3: So what's going to make that membership worthwhile? According to a recent issue of Smart Money magazine, here are the five best deals, in no particular order.

Voice over 4: Number one? Alcohol. According to Smart Money, you save up to 35 percent on beer wine and liquor at warehouse clubs, with the greatest savings coming on high-end, expensive stuff. Added bonus? Most states allow you to buy alcohol without paying a membership.

Voice over 5: Next? Dairy products, especially milk, butter and eggs. Savings? Around 20 percent.

Voice over 6: The picture may also be brighter on electronics. And compare warranties -- they may be longer here than at mainstream retailers.

Voice over 7: Meat may also be a better deal, especially high-end meat like lamb and steaks.

Voice over 8: And rounding out the top five is drugs, especially the prescription variety.

Standup: Bottom line? You can get great deals at warehouse clubs, but the same rules apply here as anywhere else: Use a list and comparison shop. Oh, and don't come in for milk and walk out with a flat-screen TV. For Bankrate.com, I'm Kristin Arnold.

Bankrate.com's corrections policy
-- Posted: Dec. 31, 2008
 
 
<< Back to video
 
 RESOURCES
The weekend runaround
Trade-offs of spending
Buy drugs at discount prices
 TOP CREDIT CARD STORIES
Video: 5 myths about going green
5 myths about going green
Video: Ways to keep produce fresh
 

Compare Rates
NATIONAL OVERNIGHT AVERAGES
30 yr fixed mtg 4.45%
48 month new car loan 3.77%
1 yr CD 0.89%
Rates may include points
RELATED CALCULATORS
  How much life insurance do I need?  
  Calculate your payment on any loan  
  What will it take to save for a goal?  
VIEW ALL  
- advertisement -
- advertisement -

About Bankrate | Privacy Policy/Your California Privacy Rights | Online Media Kit | Partnerships | Investor Relations | Press Room | Contact Us | Sitemap
NYSE: RATE | RSS Feeds |

* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here.

Bankrate.com ®, Copyright © 2014 Bankrate, Inc., All Rights Reserved, Terms of Use.