Kroger 4X Fuel Points Returns – Stacks With Other Deals
Every few months (and sometimes more often), Kroger and its subsidiary brands hold 4X fuel points promotions on gift cards. This is generally a good deal overall, but right now there are a few particular reasons why it is better than normal. Lets take a look at the deal and how to possibly maximize it.
- Earn 4X fuel points on the purchase of gift cards through 8/11/15. Terms and conditions vary by store/region.
Kroger fuel points are pretty simple. You normally earn 1 fuel point for every dollar spent at their stores and 100 fuel points equals $.10 off per gallon of gas up to 35 gallons. While normal groceries earn 1X fuel points, gift cards normally earn 2X fuel points.
So normally, if you were to purchase a $50 gift card, you would earn 100 fuel points or $.10 off per gallon. During this promotion, a $50 gift card will net you 200 fuel points or $.20 off per gallon. You can use a maximum of 1,000 fuel points to receive a $1 off per gallon on each transaction. Fuel points expire at the end of the calendar month following the month you earn them.
Right now, Kroger has a number of one-time use digital coupons for discounts on gift cards. You can receive an instant discount of up to 20% on cards from Sephora, Gap and eBay. Remember that purchases of these cards will also earn 4X fuel points.
Perhaps the most valuable of these deals is eBay. The deal gives $10 off the purchase of 2 eBay cards. Since the lowest denomination of eBay cards is $25, you can basically achieve a 20% discount. You will also receive 160 fuel points or $.16 off per gallon for this purchase. The other cards aren’t as valuable, but may still be worth it for you.
Visa/Mastercard Gift Cards
Variable load Visa gift cards do not earn fuel points, but fixed value cards generally do. (This varies in some areas so check the terms in your local store.) The highest denomination fixed value cards that Kroger sells are $100 cards with a $5.95 fee. (You can buy MC as well, but they are tougher to liquidate at Walmart.)
Purchasing $100 cards will earn you 424 fuel points or $.424 off per gallon of gas. What I have done in the past, is purchase 5 x $100 cards. This generates 2,119 fuel points. This is good for 2 x $1 off on up to 35 gallons of gas. My wife and I generally fill up both cars and get around 30 gallons of gas. Some people also bring fuel canisters to maximize their savings.
The math on this deal for 30 gallons works out like this:
- Cost of cards ($5.95 x 5): $29.75
- Fuel Savings: $60
- Profit: $30.25
Of course, if you have a card that earns 5X or 5% at a grocery store, then you really are making out. Either way, it is pretty easy to come out ahead with these deals, as long as you know how to liquidate the cards.
One other thing to mention is that I purchased some eBay gift cards this morning and earned 5X points instead of 4X. My $40 purchase netted 200 fuel points. I don’t know how long this will last, but perhaps it is another incentive to get out to the store sooner rather than later!
Update: Thanks to Chuck from Doctor of Credit for letting me know that fuel points are issued based on the face value. So $50 in eBay cards earn 200 points even though you only pay $40. Good stuff!
There is a lot of value in Kroger fuel points. Right now you can stack the digital coupons and purchase gift cards for eBay and other stores. You can also save by purchasing Visa gift cards that can easily be loaded to Bluebird/Serve/REDbird and save yourself some money at the pump. How much money is up to you!
HT: Ian @rotisp on Twitter