Shaw’s Refund Rewards


by Nicki on March 20, 2009

in Saving Money

shawslogo

Shaw’s is the one and only grocery store in my town. It’s where I do almost all of my grocery shopping. They are running a promotion from now through April 15 called Refund Rewards. They want you to use your tax refund money to buy a Shaw’s gift card. Why would you do that?

If you buy a $250 gift card they add $20 to it. If you buy a $300 gift card they add $30 to it.

David told me about this a little while ago and asked what I thought about it. I wasn’t sure so we decided to wait on it. Here are my thoughts:

This is a good idea for someone:

  • That shops regularly at Shaw’s anyway.
  • Who is able to control their spending and stick to a grocery budget.

This is NOT a good idea for someone:

  • Who would rarely go to Shaw’s.
  • Who grocery shops haphazardly, without planning.
  • Who doesn’t budget for groceries.

It’s obvious that this is a good deal but only for someone with the self-control to take $330 to the grocery store and only spend $75. We decided to give it a shot. David picked the card up yesterday. I’m a strict grocery-shopper, decent at sticking to my budget and pretty good at planning my list. I’m hoping I can make the card last the same amount of time I’d be able to make that amount of cash last. If I can, I’ll be giving myself a 10% bonus.

What are your thoughts? Have your tried this before? Would you be able to do it now?

Why I do what I do ~ All day today Chloe has been wearing a tail which is basically a fabric gift bag with a long string, the string is tucked into the back of her pants with the bag hanging down to the floor. She runs around swishing her little tush like she’s a horse or something. I’ve been stifling a laugh all day.

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{ 2 comments… read them below or add one }

1 Beth @ Smart Family Tips March 20, 2009 at 6:59 am

We did this one year with Lowe’s gift certificates. We’d already had some home improvement projects planned and had priced them out, so it worked out well. We essentially “made” 10% on the deal.

I agree that it works best if you’re a careful spender, or already have set purchases in mind. It would be really easy to “blow” the money on stuff you don’t need if you didn’t have a plan in place.

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2 Amanda March 20, 2009 at 8:19 am

I’ve never had the opportunity to try getting a card like that, but if I did, I would definitely go for it.

I’m good at sticking to a budget and list, so I don’t think I would have a problem either.

Good luck!

Amanda’s last blog post..14 Family Activities to Do Before the End of the Year

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