Update: This offer has ended.

In the world of rugged, compact, point-and-shoot cameras, the Olympus TG series stands alone.

Is this deal for me?

The Olympus TG-5 waterproof camera is down to $399.99 on Amazon. This camera has sold almost exclusively at its MSRP of $450 since being released earlier in May. This is its first major price drop.

While Amazon's price is only on the Red version, this deal is available at Best Buy in Red and Black.

The Olympus TG-5 is the long-awaited follow-up to the Olympus TG-4, widely considered one of the best underwater cameras. The TG-5 adds a new sensor made for low-light conditions, the ability to record 4K video, and 20fps Raw shooting.

Much like its predecessor, the TG-5 is still tough as nails and built to last. PC Mag gave it 4 stars and an Editor's Choice.

Features include:

  • New 12MP Hi-Speed Image Sensor for improved low light performance and noise reduction
  • Bright F2.0 high-speed Lens
  • Dual Quad Core TruePic VIII Image Processor
  • Field sensor system with GPS, Manometer, Compass, and temperature sensors
  • Waterproof to 50 feet
  • Dustproof
  • Crushproof to 220 lbs
  • Shockproof from 7 feet
  • Freezeproof to 14 degrees
  • Anti-Fog lens

TL;DR

  • What makes this deal worth considering? - This is the lowest price ever on this camera, and the first price drop we've seen.
  • Things to know before you buy! - This camera is specifically designed for people who plan to chase sharks or go scuba diving. It's built to be rugged and waterproof. If you want a point-and-shoot camera, but you don't need it to withstand the apocalypse, get something like the Canon PowerShot G9 X for $400 instead. It's got a lot of features you'll love without the ones you don't need.

See at Amazon

Happy Thrifting!