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Carrabba’s Amex Offer Ending
The Carrabba’s Amex Offer has really turned out to be one of the better deals we have seen this year. On the surface it looks like a 40% discount. ($10 credit with a $25+ purchase.) The reality is the deal is even better for many reasons.
Among them are:
- You can buy gift cards to use later.
- These gift cards are good at Carrabba’s, Outback, Bonefish Grill & Fleming’s.
- Currently you get a $10 bonus card with $50 in gift card purchases.
- Outback, Carrabba’s and Bonefish have a 15% AARP discount.
Our Lunch Yesterday 70-75% Off
Over the past month or so, we have purchased a few hundred dollars worth of these gift cards in $25 chunks spread over Amex cards with the offer. They can be sold for a profit if I decide to, but for now we are hanging on to them. During our purchases, we received a $10 bonus card for each $50 in cards bought. This bonus card expires in July and only one of the bonus cards can be used per transaction.
Yesterday my wife and I had lunch at Outback. It turns out their fish tacos are pretty good. Who knew? Anyway, by stacking all of the deals we saved 76% off the cost of the food before factoring in a tip or 70% once the tip is factored in. Here is the math.
- Check Including Tax: $20.52
- Final Total after 15% AARP & $10 Bonus Card: $8.25
So the actual bill presented to us was $8.25 after the AARP and bonus card discounts. Keep in mind that the bonus card says it cannot be combined with other discounts, so YMMV as to whether they will stack. In my case they did. I paid the $8.25 with a gift card that was purchased at a 40% discount from the Amex Offer.
So before tip:
- Total Out of Pocket Cost: $4.95 ($8.25 * .60)
- Total Value: $20.52
- Discount off face value: 75.88%
Of course we had to tip. Thankfully the gratuity can be paid for with the gift card as well. That means the tip is discounted by 40%. In this case we tipped $4 to the server. Remember our bill was $8.25 so after the tip I charged a total of $12.25 to the gift card.
So after tip:
- Total Out of Pocket Cost: $7.35 ($12.25 * .60)
- Total Value: $24.52
- Discount off face value: 70.03%
Of course the higher the bill, the lesser the savings percentage wise from the bonus card. Still, right now it is possible to easily save a ton of money by combining these offers at Bloomin’ Brands restaurants. I don’t know about you, but I’ll take a 70% discount including tip any day and with the diversity of their brands, you are most likely to find something that you like to eat. The Amex Offer expires at the end of the month, so keep that in mind and enjoy!
Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.