5% Cash Back at Supermarket With Credit Card
Author: bullwinkle29
Posted: Mon May 01, 2006 5:19 pm
Post subject: 5% back on everything
here's the deal. any card that gives 5% cash back at supermarkets, you buy gift cards for the other stores such as rest. home depot, etc. if you are going to home depot, stop at safeway and buy a gift for whatever dollar amount you're going to spend there. now you get 5% cash back since you made the purchase at the supermarket. most supermarkets now days sells gift card for other stores. it works for me, but it's annoying sometimes.
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Author: Polonius
Posted: Mon May 01, 2006 6:55 pm
Post subject:
Don't the supermarkets charge a premium for the gift cards?
In other words, are you charged $25.00 for a $25 gift card--or more? And if more, how much more? Doesn't that premium eat into your 5% bonus?
Author: JaneiR36
Posted: Tue May 02, 2006 1:08 am
Post subject: 5% Cash Back at Supermarket With Credit Card
wow, that is bold. Isn't selling a competitor's gift card an invitation to lose customers?
Author: WellManicuredMan
Posted: Tue May 02, 2006 1:31 am
Post subject:
I've never heard of a Supermarket where you can buy giftcards for other stores...
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Board Monitor
Posted: Tue May 02, 2006 7:58 am
Post subject: 5% Cash Back at Supermarket With Credit Card
I know my local WalGreens offers gift cards and they sell them at face value. So, this should work there as well (at least in theory).
_________________
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Curtis Arnold
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Mon May 01, 2006 5:19 pm
Post subject: 5% back on everything
here's the deal. any card that gives 5% cash back at supermarkets, you buy gift cards for the other stores such as rest. home depot, etc. if you are going to home depot, stop at safeway and buy a gift for whatever dollar amount you're going to spend there. now you get 5% cash back since you made the purchase at the supermarket. most supermarkets now days sells gift card for other stores. it works for me, but it's annoying sometimes.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Polonius
Posted: Mon May 01, 2006 6:55 pm
Post subject:
Don't the supermarkets charge a premium for the gift cards?
In other words, are you charged $25.00 for a $25 gift card--or more? And if more, how much more? Doesn't that premium eat into your 5% bonus?
Author: JaneiR36
Posted: Tue May 02, 2006 1:08 am
Post subject: 5% Cash Back at Supermarket With Credit Card
wow, that is bold. Isn't selling a competitor's gift card an invitation to lose customers?
Author: WellManicuredMan
Posted: Tue May 02, 2006 1:31 am
Post subject:
I've never heard of a Supermarket where you can buy giftcards for other stores...
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Board Monitor
Posted: Tue May 02, 2006 7:58 am
Post subject: 5% Cash Back at Supermarket With Credit Card
I know my local WalGreens offers gift cards and they sell them at face value. So, this should work there as well (at least in theory).
_________________
Regards,
Curtis Arnold
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 12:13 AM
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