Maximize Your Savings This Tax-Free Weekend with UT Federal Credit Union

As the tax-free weekend approaches in Tennessee, it's the perfect opportunity to make those essential purchases while saving on sales tax. This year, the tax-free weekend runs from Friday, July 26, 2024, to Sunday, July 28, 2024. To help you get the most out of this savings event, we've put together some tips and strategies. Plus, learn how UT Federal Credit Union's U Rewards Checking can enhance your savings even further.

What is Tax-Free Weekend?

During tax-free weekend, shoppers in Tennessee can purchase certain items without paying state and local sales tax. This typically includes clothing, school supplies, and computers, making it an excellent time to stock up for the upcoming school year or update your wardrobe and tech gadgets. Be sure to check the Tennessee Department of Revenue's website to see what items are exempt from sales tax.

Tips for Maximizing Your Savings

1. Make a List and Budget: Plan ahead by creating a shopping list of eligible items and setting a budget. This will help you stay focused and avoid impulse purchases.
2. Do Your Research: Compare prices at different stores and online to ensure you're getting the best deals. Many retailers offer additional discounts and promotions during this period.
3. Shop Early: Start shopping as soon as the tax-free weekend begins to avoid crowds and ensure the items you want are still in stock.
4. Use Coupons and Promotions: Combine the tax-free savings with available coupons, store promotions, and loyalty rewards to maximize your discounts.
5. Take Advantage of Price Matching: If you find a lower price at another retailer, check if your preferred store offers price matching to get the best deal.

Enhance Your Savings with U Rewards Checking

At UT Federal Credit Union, we offer U Rewards Checking, a checking account designed to reward you for your everyday spending. Here's how it works:

• Earn Rewards: With every purchase made using your U Rewards Checking account, you'll earn points that can be redeemed for cash back, travel, merchandise, and more.
• No Monthly Fees: Enjoy all the benefits of U Rewards Checking without any monthly maintenance fees.
• Easy Access: Manage your account conveniently through online banking or our mobile app.

By using your U Rewards Checking account during the tax-free weekend, you not only save on sales tax but also earn rewards on your purchases. It's a win-win situation!

Open Your U Rewards Checking Account Today

If you haven't already, consider opening a U Rewards Checking account with UT Federal Credit Union. Visit our checking accounts page to learn more and get started. Take advantage of the tax-free weekend to maximize your savings and earn rewards on your spending.

Conclusion

Tax-free weekend in Tennessee is a fantastic opportunity to save on essential purchases. By planning ahead, shopping smart, and leveraging the benefits of UT Federal Credit Union's U Rewards Checking, you can stretch your dollars even further. For more information on what items are exempt, visit the  Tennessee Department of Revenue's website. Happy shopping and happy saving!