Newegg is offering the the Seagate Backup Plus 1TB 2.5" USB Portable Hard Drive (red) for a low $59.99 with the help of a coupon code "EMCYTZT5399" (Expires January 12). This hard drive has received good ratings, and is consistently a top seller. It normally sells for $120.

With 1 Terrabyte of space, you'll find it hard to fill the drive up.