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Two Grocery Store Visa Gift Card Deals
A couple of Visa gift card deals at various grocery stores have come across my screens today. One of them is a fantastic promotion and is incredibly useful. The other is an example of what you probably shouldn’t go out of your way for. Lets take a look.
The Good – Giant Stop & Shop 2X Fuel Points on Visa Gift Cards
From 6/26-7/16/15 Giant and Stop & Shop are offering 2X fuel rewards on the purchase of Visa gift cards. This means that the purchase of a $500 gift card will generate 1,000 fuel points or a total of $1 off per gallon for up to 35 gallons.
The gift cards sold by these stores are issued by Metabank and are easily loaded to Bluebird/Serve/REDcard. This means that this is a useful and profitable deal. Lets take a look at the math.
- Cost of Card: $5.95
- Value of Gas Discount: Up to $35
- Credit Card Rewards: $10.12 with 2% card or $25.30 with a 5% card.
- Potential Profit: $39.17 w/2% card or $54.35 w/5% card.
Note: You can actually use a total of 2,200 fuel points for $2.20 off per gallon.
A Gas Discount
Another way to look at this is a discount on gasoline. Lets say gas costs $3 a gallon and you get 35 gallons. Under normal circumstances you would pay $105. With the discount, you will pay $65.83 after rewards on a 2% card. That works out to be a 37.3% discount. The discount with a 5% card is 51.77%!
There is of course one giant caveat with this deal. Fuel points expire 30 days after they are received. Even with this restriction, you can achieve a great discount on gas for a total of 7 weeks since this promotion runs for 3 weeks and then the final points would be good for 30 days after that.
The Not So Good – Albertson’s $10 Off $25
So there aren’t any Giant or Stop & Shops here in Nevada, but we do have Albertson’s and they are running a deal of their own. The deal goes something like this:
- Buy $100 or more in Visa gift card and receive $10 off your next shopping purchase of $25 or more.
- Deal runs from 6/26/15 through 7/16/2015
- 1 offer per transaction.
So I guess this is sort of an ok deal if you shop regularly at Albertson’s. It certainly is better than some of their previous deals where they limited the denominations to $25 and $50 cards. Still, I have partaken in some of these deals in the past at Albertson’s and the $10 off coupons are generally buggy and almost always require manager approval. (And forget about using more than 1 at a time!)
I don’t even need to break down the math on this one. The value of the deal is $10 if and only if you regularly shop at Albertson’s. I find their prices are often higher than other stores and that must be calculated in as well. Given most people have limited liquidation bandwidth, this is sort of a yawner.
An Interesting Coincidence?
Despite the fine print on the Albertson’s deal saying it isn’t sponsored by Metabank or Visa, I find it a strange coincidence that the dates for these deals are exactly the same. First off, normally deals like this don’t run for three weeks and secondly, Albertson’s deals run Wednesday to Tuesday but this promotion runs Friday to Thursday.
I only point this out because it is possible you may find similar deals at your local stores. It certainly is worth a look. I checked out Kroger (Smith’s) and Safeway (Von’s) and didn’t find any deals, but there are so many chains that it is possible more deals exist.
My goal here is to both share deals and educate. While I love me some Visa gift card deals, I really wish we had Giant or Stop & Shop stores here. Instead I am stuck with Albertson’s and their questionable deals. Still, some deals are better than none so I’m not complaining. Feel free to share any other Visa grocery stores deals you may have found!
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