LOL!
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 25, 2005
- Messages
- 10,252
That's 48% annuallized. My spouse figured this out:
Kroger sells gift cards at a 10% discount for groceries. So buy a gift card for $1000, get $1100 of groceries. Use your cash-back credit card for the gift card purchase. Our cash-back card is 2% back on groceries. That's 12% right there. No taxes due, no risk.
My wife bought a gift card to test it out. All the normal discounts, coupons etc still apply when you buy groceries. Just pay with a gift card.
There is a limit of $1200 gift card purchase on this offer which is about 3 months worth of groceries for us.
Kroger sells gift cards at a 10% discount for groceries. So buy a gift card for $1000, get $1100 of groceries. Use your cash-back credit card for the gift card purchase. Our cash-back card is 2% back on groceries. That's 12% right there. No taxes due, no risk.
My wife bought a gift card to test it out. All the normal discounts, coupons etc still apply when you buy groceries. Just pay with a gift card.
There is a limit of $1200 gift card purchase on this offer which is about 3 months worth of groceries for us.