Your Starbucks coffee just got more expensive, possibly by 20 cents. According to CNBC, “small and large brewed coffee will each go up by 10 cents in most areas of the country.” That will bring the average price of a large cup of Starbucks drip coffee to $2.45.
The prices are going up only on beverages, with a range of 5 to 20 cents on various drinks. Starbucks is not raising the prices on any food.
If the price increase is breaking your budget — and you can't break your Starbucks habit — try these tips for saving money at the famous coffee chain:
- Bring your own mug. Starbucks gives a 10-cent discount if you bring your own cup. If you haven’t been doing that, you can cancel out the price increase of your small or large coffee with this tip alone. Plus, you’ll have the added benefit of knowing you haven’t contributed to the environmental issues that one-time-use cups create.
- Use the Starbucks app. There are many ways to save with the Starbucks app. After you register and load the app with money either by adding a gift card or using PayPal or a credit/debit card, you’ll start earning points toward free drinks and food. You’ll also get a free drink on your birthday. There are also occasional deals for money off certain drinks or food.
- Group coupon deals. Keep an eye out for group coupon deals like the ones on Groupon or Living Social. Every once in a while, these services offer half-price gift cards. In fact, I purchased a $10 Starbucks gift card for $5 just a couple of weeks ago from Groupon. The cards usually have expiration dates, so you need to use them up before the savings expire. Once they pass the expiration date, they revert back to what you paid for them.
- Buy discounted Starbucks gift cards. This is a good option if you’re a frequent Starbucks coffee drinker. Websites like Gift Card Granny sell discounted gift cards, usually with free shipping. People sell their unwanted gift cards to these websites for a reduced value and the websites turn around and resell them for more than they paid but still less than face value. You can usually get gift cards for at least 10 percent less than their face value.
- For cold drinks, order a smaller size with light ice. Ice takes up a lot of room in your cup, leaving less room for the beverage. If you order a medium with light ice, you’ll probably be getting the same amount of beverage you’d get if you ordered a large with the regular amount of ice in it.
Do you have any other tips for saving money at Starbucks?
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