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Kroger $5 Off Deal
Kroger and presumably its subsidiaries (this is confirmed to work at Smith’s) are offering $5 off the purchase of 2 Visa or Mastercard gift cards totaling $50 or more. The savings is loaded to your loyalty card via a digital coupon on their website. Lets take a look at the details and how to maximize the promotion.
Save $5.00 when you buy TWO (2) or more MasterCard or Visa Gift Cards totaling $50.00 or more.
How to Load
To load the deal:
- Login to your Kroger (or subsidiary) loyalty card account
- Go to “Savings” and then “Digital Coupon”
- Sort the results by “Value”
- Locate the offer and click “Load to Card”
What is interesting about these terms is that they don’t exclude variable load gift cards. This means that you could presumably purchase 2 x $500 gift cards to maximize your spend. Variable load cards carry the same $5.95 fee as $100 gift cards.
The best use of a deal like this is with cards that earn either 5x or 5% cashback at grocery stores. With that said, this would work great with the AAdvantage 3x offer I wrote about this morning and even a 2% cashback card will come out ahead.
With the $5 discount, your cost per card is $3.45 or about 7/10 of 1 percent. With a 2% card for example you would earn a $13.24 profit for the purchase of 2 x $500 cards. No matter how you slice this up, it is a great deal.
It is nice to see deals like this come along. While it is not a negative cost deal like we see from time to time, the discount is instant and it seems that you can get the discount once per day which is nice. I will probably use this deal to easily earn a few AAdvantage miles due to my Executive card offer. How about you?
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.