Best Deals to Cut Your Christmas Shopping Bill

Best Deals to Cut Your Christmas Shopping Bill

Christmas can get expensive quickly, but there are a few offers that can take a surprisingly big chunk off your festive spending.

Rather than changing what you buy, the trick is to make the money you're already planning to spend work harder. That could mean getting a bonus for putting money aside for Christmas, earning extra cashback on presents or getting free money towards your Christmas food shop.

We've picked out some of the best Christmas money-saving offers currently available and will keep adding new ones as we find them.

🎄 Park Savings – Get a £20 Christmas savings bonus

Get £20 when you save £50

If you're already putting money aside for Christmas, this is one of the easiest offers to take advantage of.

Park Christmas Savings lets you save towards Christmas throughout the year, with your money eventually used towards gift cards and other Christmas spending.

For a limited time, new users can currently get a £20 bonus when they save £50.

That effectively turns £50 of Christmas savings into £70.

How it works

Sign up to Park Savings through the My Side Gig offer and choose your savings goal.

Save the required £50 and, provided you meet the offer conditions, you'll receive the boosted £20 bonus.

You can then put your savings towards your Christmas spending rather than finding all the money in December.

Get the £20 Park Savings offer →

Saving: £20

🎁 Rakuten – Get £25 bonus cashback on your Christmas shopping

Spend £50 and get £25 bonus cashback

If you've got Christmas presents to buy online anyway, Rakuten's current new-user offer is a particularly useful one.

Rakuten is a cashback site covering hundreds of UK retailers. You'll earn the retailer's normal cashback rate, but new users can also currently receive a £25 bonus after completing £50 of qualifying purchases.

The £50 doesn't have to be spent in one transaction, so you can potentially build it up across several Christmas purchases.

How it works

Create a Rakuten account through our referral offer and shop with participating retailers through Rakuten.

Once you've completed the required £50 of qualifying spend, you'll qualify for the £25 new-user bonus, subject to the offer terms.

Remember to compare prices before buying. Cashback isn't a saving if the same present is significantly cheaper somewhere else.

Get the £25 Rakuten offer →

Saving: £25 + normal cashback

🛒 Iceland – Get £15 extra towards your Christmas food shop

Save £100 and Iceland adds £15

Christmas dinner, snacks, party food and all those "few extra bits" can easily turn into one of December's biggest expenses.

Iceland's Christmas savings offer can help bring that bill down.

Build up £100 in your Iceland savings pot by the qualifying deadline in November and Iceland will add an additional £15.

That gives you £115 to spend at Iceland from £100 you've put aside yourself.

How it works

Set up an Iceland Christmas savings pot and gradually add money to it.

Build your balance to the required £100 by the promotional deadline and you'll receive the additional £15, subject to Iceland's terms.

If you were going to spend £100+ at Iceland over Christmas anyway, you're effectively getting 15% extra to spend.

Check the Iceland Christmas savings offer →

Saving: £15

💰 That's £60 of extra Christmas money already

Use all three offers and there's potentially £60 in bonuses before counting Rakuten's normal cashback:

• £20 from Park Savings
• £25 from Rakuten
• £15 from Iceland

The important bit is that these aren't reasons to spend an extra £200.

They're ways of getting more from Christmas spending or savings you were already planning to make.

For example, money you were already putting aside for December could go through Park or Iceland, while presents you were already planning to order online could potentially count towards the Rakuten bonus.

What about Tesco, Asda and other Christmas savings schemes?

Several supermarkets and retailers run their own Christmas savings schemes, including the likes of Tesco and Asda.

They're worth considering if you regularly shop there, but the headline rewards aren't always as generous as the best offers above.

We'll concentrate on the deals where we think the reward is genuinely worthwhile rather than adding every Christmas savings scheme for the sake of it.

Stack offers wherever you can

You may be able to save even more by combining some of these offers with other money-saving methods.

Before making a Christmas purchase, check whether you can:

• earn cashback on the purchase
• pay using a discounted gift card
• use a retailer discount or voucher code
• earn points through the retailer's loyalty scheme
• use a cashback or rewards payment card

Just make sure the terms allow the offers to be combined.

A few minutes checking before a big Christmas shop can make a meaningful difference when you're repeating the process across presents, food and other festive spending.

We'll keep updating this page

Christmas promotions tend to get better as we get closer to December, so we'll keep adding the best Christmas money-saving deals we find.

The aim isn't to list hundreds of tiny discounts. We'll focus on offers that can make a noticeable difference to your Christmas bill.

Bookmark this page and check back for new Christmas deals.