King Soopers is allowing customers to buy Gift cards in increments of $300 (up to $1200) and get 10% more. So you buy a card for $300 and the store puts $330 on the card. There are no experation dates on the cards or fees.
I purchased $1200 worth and recieved 4 cards with $330 each for a total of $1320value and my cost was $1200. I used my credit card for this and will get 1% back from them in cash. So I made 11% on my $1200. This is about a years worth of groceries for me. But I can also use these King Sooper cards to purchase other gift cards that they sell in the store, such as book stores, restaurants, retail stores etc.
I don't think you can beat a safe 11% return on your money from anywhere else. I will pay the credit card off with my savings which were earning 3.05%. I did have a problem paying with the credit card, since it was such a large amount the fraud division kicked it out. I had to call the CC company and get it approved first and then I was able to make the purchase. So if you want to do this you might call your CC company first.
I bought my groceries using one of the cards. Groceries this week were less than $5. I got free 1 lb mini peeled carrots, free cherry tomatoes and free bagged coleslaw. If you are on their mailing list King Soopers sends you coupons about once a month. This month I got a $6 off a $60 purchase, which is very difficult for me to use, since you can't buy gift cards, a lot of times I give these kinds of coupons to my parents. But I also get coupons like .65 cents off carrots, or $1.50 off produce when you buy $5, or $1.50 off dairy when you buy $7. Very good coupons.
I got my stimulus rebate check deposited on Friday. It's just going to savings.
I got two free samples in the mail this week. A box of GM Fiber One cereal and a bottle of Gillete Body Wash.
Found a penny at the library yesterday and picked it up - baselle
I went to two garage sales yesterday. I was late so slim pickings but I did get a brand new 3 roll package of xmas paper. Green foil designs - very pretty for .50 cents.
Finished reading the library book A Slice of Organic Life by Sheherazade Goldsmith. Good.
I also read my book Blood Brothers by Nora Roberts. Romance. Excellent. I love her books especially her dialog. It is so funny and real.
Making 11%
May 4th, 2008 at 08:04 pm
May 4th, 2008 at 10:01 pm 1209938483
May 5th, 2008 at 01:41 am 1209951698
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