Deal of the Day: The Best Store Givebacks

Posted on 28. Jan, 2006 by in Saving & Investing

This list is courtesy of Money Magazine:

  1. Walgreen’s: Gault can’t get enough of the drugstore’s rebate program. She said each month the company issues a list of things on rebate. You check the list to see if anything you bought is on it and, if so, mail in the receipts. The company then sends you a rebate check.

    An example she provided: A tube of mascara retailing for $9.99. Rebate: $9.99. And if you take the rebate in the form of a store credit, she said Walgreens tacks on an additional 10 percent. So you actually make a buck.

    Gault said a big draw to the program is its simplicity. Instead of mailing several different rebates to several different manufactures, you only need to deal with Walgreens.

  2. Staples: Gault, who uses a ton of office supplies running her Web site, uses the company’s rewards card to get $15 off every $200 she spends in a given quarter.
  3. Best Buy: She said the electronics retailer charges $9.99 a year for a card that gives you $5 back on every $100 you spend, making it a good deal if you’re in the market for expensive stuff. (Also, Best Buy just announced that they were getting rid of mail-in-rebates (MIR) in favor of immediate in-store or online rebates – finally!)
  4. Gap: With the clothing retailer’s free card you get you get $10 back for every $250 you spend.
  5. Linens ‘n Things: Same deal as the Gap. Spend $250, get $10 back.
  6. Grocery stores: They vary by region, but Gault said the big three — Albertson’s, Safeway and Kroger — as well as many smaller chains have cards that give you a discount at the register. Use them. Gault says a three-month long study by her site showed customers who used the cards and shopped the sales at traditional grocery stores saved more money than those who relied on big box stores like Wal-Mart that use a strategy of constant low prices.

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