Today only, Newegg offers the 500GB Western Digital Elements SE USB 3.0 Portable Hard Drive (model no. WDBPCK5000ABK) for $49.99 with free shipping.

What makes this deal hot:
You save $40 off the retail list price. That's the lowest price we could find currently by $10 from a reputable merchant. No tax in most states.

What this does & Why you need it:
This hard drive features include 500GB storage capacity, USB 3.0, up to 5Gbps on USB 3.0, and more.