Use Your Tax Rebate for Free Groceries
When I first heard of retailers offering 10% more in gift card value if you use your tax rebate, I assumed it was only for those people who actually needed to cash the physical check there in the store. Curious, I went to Kroger.com and found this:
Use Your Tax Rebate Even If It Was Direct Deposited
I was wrong. All you must do to get the additional 10% is buy a gift card for $300, $600, or $1,200 prior to July 31st. The money to buy these cards can come from any source. So, even if you don’t get a tax rebate, you can do this. This from the Kroger website:
“May 2nd through July 31st buy $300, $600 or $1200 worth of Kroger Gift Cards, and get an extra 10% added to the value – FREE!
Offer applies to in-store purchases only of new Kroger gift cards, and does not include re-loads on existing gift cards. This offer cannot be combined with any other discount or offer. Limit one offer per household, with Kroger Plus Card. Bonus amounts cannot be redeemed for alcohol, tobacco, pharmaceuticals or lottery tickets.”
Does the Kroger Card Expire?
This from Kroger.com:
“Does the card expire: No, so long as value remains on the Card; however, if a Card has a zero balance for longer than 90 days, the Card will become inactive and value can no longer be loaded onto the Card.”
Will We Use Our Tax Rebate for This?
Because we use them for groceries AND gas, we easily spend more that $1,200 at Kroger every year. We might just take them up on this. Where else could $1,000 1,200 earn us $200 $120 in less than a year? Even if I wasn’t getting a tax rebate, with as much as we spend at Kroger, why wouldn’t we take them up on this?
Should You Use Your Tax Rebate This Way?
It’s obvious this isn’t for everyone. I believe my situation is unique, enabling me to take full advantage of this offer. If you’re in serious debt or in need of some emergency savings, I would advise focusing on those areas. If you’ve got a good handle on them and you are a frequent user of Kroger, then this might just be for you.
With that said, maybe a better title for this post would have been, “Use Kroger Gift Card 10% Bonus to Save on Groceries and Gas.” Of course, the bonus wouldn’t even be available if the tax rebates weren’t rolling out, so…
If You Don’t Use Kroger
Check out Hu$tler Money Blog’s ideas for making the Kroger gift cards work for you even if you don’t shop there.
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I love that they are doing this. Next month I may just use all my grocery money for the month at once and buy a gift card. Since buying a $300 card is just a little more than I normally spend on groceries each month, I won’t miss the money and can use the rebate money for other things.
@Alison…I plan to take then up on a whole $1200…too hard to pass up…since we buy gas there too.
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