make $10.15 from riteaid with giftcard purchase..

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lindas_sweet

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goto a riteaid store and purchase 3 vanilla visa $50 giftcards at 54.95 each totaling $164.85........now do the online rebate to get a free $25 vanilla visa card .....you make $10.15 profit. good in dec 2006...
 
:convinced:good for who?
 
lindas_sweet said:
goto a riteaid store and purchase 3 vanilla visa $50 giftcards at 54.95 each totaling $164.85........now do the online rebate to get a free $25 vanilla visa card .....you make $10.15 profit. good in dec 2006...
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I'm sorry, Linda I am not following the purchase-profit math. Can you explain further? Thank you so much:wave:
 
I think I understand, you pay the 4.95 extra each for the cards when you buy them, but because you get the $25 back then you make $10 due to the difference $25-15 (roughly)
 
buy 3 @ $54.95 ea. totaling $164.85
- 25.00 = $139.85 divide that by the 3 and you end up paying $46.62 each. Saving $3.38 each or totaling $10.14.

Geez wouldn't my old math teacher be proud of me :)
 
Are these gift cards good anywhere besides Rite Aid? I don't think I spend $175 that quickly at a drug store.
 
Thank you guys!

I must be getting soft in my old age!! Thanks for helping me out with the "new math"!;)

Now that aside, does anyone else see a problem with them charging more than face value for a gift card to begin with???!! :convinced:
 
monkfish said:
Are these gift cards good anywhere besides Rite Aid? I don't think I spend $175 that quickly at a drug store.
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I would think you could use them anywhere they accept visa, but I would ask before I purchased them. No way could you spend that much at a Rite Aid!!!
 
sweetwinter said:
Now that aside, does anyone else see a problem with them charging more than face value for a gift card to begin with???!! :convinced:
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I don't think it's more then face value, I think you're paying tax (which would then mean each person's extra value would be different)...hmmm
 
By just looking the face value of the visa gift card, you do earn around $10. Let's do the math like this: Each card you pay: $54.95 ($50 can use same as credit card and $4.95 is the FEE for getting this card)

For buying 3 cards, the total FEE you need to pay is $4.95x3= $14.85 and you will get a $25 visa gift card after rebate. ($14.85-$25=-$10.15) That's why you can earn $10.15 after rebate.

But keep an eye on their FEE

I'm not sure how this company charge the fee by using their card, but I got a really BAD experience on using GREED DOT VISA GIFT CARD!!!! First they charge $9.95 ACTIVATION FEE when purchase their card, that they charge $2 each time you use the card (no matter how much you use, even just $1-2), and they charge MONTHLY FEE FOR $4.95!!!!!!! I jsut put $20 in the card when I purchase it and finally it ate me almost half of the money!!!!!!!
 
apple said:
By just looking the face value of the visa gift card, you do earn around $10. Let's do the math like this: Each card you pay: $54.95 ($50 can use same as credit card and $4.95 is the FEE for getting this card)

For buying 3 cards, the total FEE you need to pay is $4.95x3= $14.85 and you will get a $25 visa gift card after rebate. ($14.85-$25=-$10.15) That's why you can earn $10.15 after rebate.

But keep an eye on their FEE

I'm not sure how this company charge the fee by using their card, but I got a really BAD experience on using GREED DOT VISA GIFT CARD!!!! First they charge $9.95 ACTIVATION FEE when purchase their card, that they charge $2 each time you use the card (no matter how much you use, even just $1-2), and they charge MONTHLY FEE FOR $4.95!!!!!!! I jsut put $20 in the card when I purchase it and finally it ate me almost half of the money!!!!!!!
Click to expand...

Had the samething happen to me last year for Christmas with a visa gift card, but I got it as a gift from my mother. It was a rip off. Half of the stores I went to wouldn't take Visa gift cards, including Target.
 
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