Walmart Is Selling an 'Excellent' $338 Michael Kors Tote for Just $83, and Shoppers Are Racing to Buy It

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We're always excited about discovering a great designer discount , but the deals that thrill us the most are the seriously high markdowns. We're talking about markdowns that go up to 70% off or higher, which can be rare, but if you do enough digging you'll be able to find them.

Luckily, we're experts at spotting these designer steals , and our latest score is on a versatile Michael Kors tote bag from Walmart that you can get your hands on for over 75% off. Hundreds of shoppers can't stop raving about this "fantastic deal," and if you don't shop now you may miss your chance to save big.

Michael Kors Charlotte Top Zip Tote, From $83 (was $338) at Walmart

Everyone has at least one go-to tote they reach for the most, and if your current bag looks a bit worn down, this Michael Kors style is an incredible replacement. It's perfect for travel, work, or everyday life in general. This is a mid-sized tote that's 15 inches by 10 inches and has nearly 5 inches of depth, which offers plenty of room for virtually every essential you can think of.

If you're taking it to the office, the tote can fit laptops up to 13 inches in size or a tablet, plus a small makeup bag, phone, wallet, keys, and whatever else you can think of. But this isn't your average tote that simply has enough space to pack in a ton of stuff — it's thoughtfully designed to help you stay organized and secure.

Related: Walmart Is Selling an 'Exquisite' $368 Michael Kors Tote for Just $110, and Shoppers Say It’s a 'Great Value'

Inside the main zip-top compartment, there are two slip pockets and a smaller zip pocket that can keep smaller items in their place. And as a bonus, two exterior side pockets can help you reach your phone or anything else that's important super quickly.

Aside from its functionality, the leather that this tote is made from is top-notch. It comes in a slew of beautiful color options and a few monogram print styles that shoppers say are "gorgeous," and that the quality of the bag has "exceeded" their expectations.

Michael Kors Charlotte Top Zip Tote, From $83 (was $338) at Walmart

Shoppers say the ample storage this tote provides and its high-quality feel makes it an "excellent" buy, which is made even better thanks to the sale price. Securing a genuine leather designer purse for under $100 is pretty rare, which is why reviewers say to get your bag ASAP before prices change, or the color you have your eye on runs out of stock.