Negative Cost Visa Gift Cards
Vons, Safeway and other related brands that use the “just for U” rewards program are offering a digital coupon giving $15 off instantly with the purchase of $150 or more in Mastercard gift cards.
Key Terms
- Limit one (1) offer per Household.
- Club Card required.
- While supplies last.
- Expires 1/9/2016.
How to Load
To load the digital coupon to your account, simply log-in to “just for U” and navigate to the coupon section. The Visa gift card coupon can be found in the “Special Offers” category. Click to add it to your card and you are all set!
Analysis
These stores sell variable loads Mastercard gift cards issued by U.S. Bank. These cards do work to load Bluebird/Serve at Walmart, however the process isn’t straightforward. They work normally at the MoneyCenter kiosk, however you do need to perform an extra step when loading at a register. For more info on the loading process, see: Beginner’s guide to buying & liquidating Visa & Mastercard gift cards.
Math
In my opinion, the best use of this coupon is purchasing a $500 variable load Mastercard for $5.95. This would result in a $9.05 profit plus any credit card rewards.
- Cost: $505.95
- Instant savings: -$15
- New Cost: $490.95
- Profit: $9.05
This deal is very good for meeting minimum spend requirements or at least knocking out a portion of them. It is also fantastic if you have a card that earns bonus points in the grocery store category.
Scalability
While this coupon is limited to one use per account (or household as the terms say), don’t forget that every person can have their own account. I’m not sure if using your friend or family member’s phone number at checkout is a violation of the terms if they live in a different household, but if not then you can see if they’ll load the coupon if they aren’t going to use it. Again, check the program terms to avoid issues.
Conclusion
I really like deals like these which provide an instant discount since you can purchase, load and move on without having to wait for a rebate to come. For some with access to multiple loyalty accounts this could be a really great opportunity, while for others it still could be a nice way to pickup a chunk of spend at at a negative cost.
HT: Doctor of Credit
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 discount offering $15 off $150 or more in Mastercard gift cards. Find out how to maximize the deal and scale it to save even more!){kind=link}
Thanks! Just came back from RA. Worked perfectly!
Any idea if they will work at Rite Aid, loading to Serve? Thanks!
I believe they will, but haven’t tried personally since we don’t have Rite Aids here locally. From what I have been told by others, all pin-enabled gift cards are working at Rite Aid, but of course I would want to test that out for myself before purchasing a ton of cards.
Thanks! Just came back from RA. Worked perfectly!
[…] I covered a great new negative cost Mastercard deal in stores at Safeway, Vons and a few other grocery chains. Well, if going into a store is too much […]
can you list “other Brands” stores as mentioned in your title?
You can find their subsidiaries in this Wikipedia article. Only chains that use the justforU program will have this coupon. https://en.wikipedia.org/wiki/Safeway_Inc.
Safeway is now owned by Albertson’s but Albertson’s doesn’t use the same program which makes it confusing.
Wonder if you could help those of us who are new in liquidating all of these gift cards that we are accumulating? As a senior, I still need a little help grasping some of these concepts.
Here is a resource I have written that should help a bit! https://milestomemories.boardingarea.com/visa-gift-card-prepaid-mastercard/
Safeway and OfficeMax has made it a great month of MSing
Thanks!
Do you know if these Master Cards can be loaded to Serve at Rite Aid, assuming that RA allows visa gc loading?
Thanks!
Do you know if these Master Cards can be loaded to Serve at Rite Aid?