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?