Bed Bath & Beyond Amex Offer
There is a new Amex offer available for Bed Bath & Beyond for $5 back on $25 in purchases. This is a decent offer on it’s own since Bed Bath & Beyond sells 3rd party gift cards and Visa gift cards. But, I am going to show you how to stack deals to maximize this offer.
Details of the Amex Offer
The terms of the offer are pretty simple:
Get a one-time $5 statement credit by using your enrolled Card to spend a minimum of $25+ in one or more transactions in-store at Bed Bath & Beyond or online at bedbathandbeyond.com by 12/26/2017.
But we can do a lot better than $5 off some gift cards.
Upcoming Visa Gift Card Sale
A few weeks ago DDG posted about an upcoming VGC sale that Bed Bath & Beyond will be running over Black Friday weekend. With that offer you get a $25 BB&B gift card as a rebate when you purchase a $200 VGC or Mastercard gift card. The sale is from 11/24-11/27 which happens to overlap with this Amex offer. That would be a nice double stack but we can do a little better.
Ebates Shop In Store Cashback
Ebates has a in store cash back program that works very similar to a shopping portal. You load the offer to your card and you get cashback on your in store purchase. You can only load the offer to one card at a time so you would need to do multiple transactions to really maximize it.
Ebates is always changing their in store vendors so there is a chance Bed Bath & Beyond may not be available 11/24-11/27. But the rate could also be increased by then so we will just have to wait and see. They are a staple in the program so it is likely there will be an offer for them that weekend.
How the Numbers Look
If you used your American Express card to buy a $200 VGC with a $6.95 fee you would get $5 back from American Express. You would also get a $25 BB&B gift card from the rebate which has a resale rate of 83.5%, or $20.88. Plus you would get 2% cash back from Ebates, or $4.14.
Here is how the numbers look:
A pretty nice return for very minimal work, if you have a Bed Bath & Beyond store near you. This also does not include your credit card points which you could add another 1-2% in return for that. I didn’t add it in since this offer is on multiple American Express cards so the return will vary.
You could always use the Amex offer and Ebates in store cash back to buy regular 3rd party gift cards. They have Shell, Itunes, and Chilis gift cards etc. if Visa gift cards are not your thing.
UPDATE: A good idea that Alex brought up in the comments in the original post is to split tender the VGC purchase across multiple cards. You could do it up to 8 times with a willing cashier increasing your profit to $57.37 or a rate of return of 27.7%!!!Â
Conclusion
This is a great way to maximize the return on your Bed Bath & Beyond Amex offer. By stacking the Amex offer with other deals you can turn your discount from a $5 credit to $22.37 in profit!
I am not sure what the limit will be on the VGC rebate, I believe it was two per household last year. You could partially stack the offer and buy third party gift cards once you hit the VGC limit. Make sure to use the Ebates in store cash back even when buying the 3rd party gift cards to increase your savings there too.
Do you plan to use the offer on VGC’s, 3rd party gift cards, or both?
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[…] Bed Bath & Beyond had a pretty good Visa gift card offer this weekend that even had triple stacking potential! I took part in the deal, as I have the past 2 years. In the past there has never been an issue getting the rebate. The submission process is a little tedious but outside of that they have never denied a claim…until now. […]
Just wanted to update–ebates 4% instore cashback posted today from visa g.c. purchase on 11/24/2017 ($8.27 for a $200 g.c.) Since I “referred” my husband to ebates that day and he bought a $200 vcg as well, he got the $10 bonus for first purchase and I got the $20 refer a freind bonus as well! So vcg purchases are definitely working for ebates with this deal. And yes, we did use a single amex card each to get the $5 statement credit on amex deals.
Awesome!
Thanks, Pauline, I used your referral idea as well! Keeping my fingers crossed that it will post like yours did.
You should be good!
Just bought $200 visa giftcard, with 8 Amex cards, CSR, has no problem with it.
Only thing missed was, I didn’t expect that and did nit add all the cards to ebates, no instore cash back.
Awesome….I would say you did pretty good even without the Ebates 🙂 another another $8 is always nice lol
Doesn’t the ebates instore exclude gift cards?
These rebates are also usually two at Harmon, two at buybuyBaby.
They are excluded in the terms but they have paid them out in the past.
I got an email offer from bb&b 15 off 50 I believe I didn’t read it so Don’t know if it can be further stacked with these other offers?
If you used it to buy regular merchandise then it should stack fine.
Thanks for the reminder about Ebates. Ebates is 4% in store cashback today at BBB! Husband and I loaded our Amex’s with the offer and set up the in store cashback. It will be a nice change to the repeated charges at OD this week!
I am growing tired of OD as well lol
Too bad our local BB&B in the Cleveland area doesn’t sell Visa giftcards.
Do they have some 3rd party GC’s at least?
No, Mark, that store only carried BB&B cards, for some reason. However, good news today – I found another BB&B in Cleveland that had plenty of Visa giftcards, so I maximized the offer just like you suggested.
Thanks for the great post!!
Awesome – good work Karen!!!