Tim and Change Will Surely Show

–This deal only applies if you shop at Kroger, have Kroger Fueling stations and have the right cards for the scenario about to be described–

I’m a deal junkie and love finding the very best value.  Some of you may have heard that Kroger is offering a bonus if you buy their store gift cards.  For every $300 in gift cards that you buy, you get an extra $30 loaded onto them.  Basically an instant 10% savings.  If you have a rewards credit card that gives you money back for groceries you can save even more.  One card I have, that I use for gas and groceries is the Chase Freedom Rewards Visa.  It will give me 3% back on the top 3 categories of spending I use per month.  So if I use it to purchase these gift cards, I get to save an additional 3%, totaling the 13% I can save on groceries per month.

I just discovered this past weekend, that  I can use the gift cards I purchase, at Kroger Fuel Stations to fill up my car.  In addition, if you’ve bought $100 worth of groceries in the past period (I’m not sure how often this gets reset) with your Kroger plus card  you save 10¢ per gallon.  With the price of gas at $4 per gallon, this is an added 2.5% savings.  If you haven’t spent $100 in groceries you still get 3¢ off and I think there is a scalling effect to where the more groceries you buy the more you save per gallon.  But in the end it is equivalant to about 15% off when you combine all these which is pretty nice.  Giant Eagle seems to have a better Fuel Perks program, because I think it’s for ever $50 you spend you get 10¢ off, and the discount lasts for 3 months…. but it is also only for 1 fill up (up to 30 gallons) so there are trade-offs.

The next thing to figure out is if I can use the Kroger gift card to purchase other store gift cards, and get double fuel points (a limited time promotion currently running).  I was originally not going to buy the limit of 4 $300 Kroger gift cards, but since discovering that I can use them for gas, I very well may buy all 4 that I’m entitled too before this promotion is over at the end of July.