Kroger and Sears (and Kmart and Lands’ End) have decided to offer bonuses for customers who bring in their stimulus checks into stores and put it towards gift cards. Unfortunately the closest Krogers is nearly 40 miles away but we do have a Sears right next door, but we don’t shop their often. However, with an automatic 10% discount onto a gift card that never expires!
With Sears, you need to bring in your stimulus check and must purchase the full value of the check. You will get 10% added onto the total value so a $300 check becomes a $330 gift card, a $600 check becomes a $660 gift card, etc. The promotion will last from May 14th to July 19th, 2008.
With Krogers, you bring in your tax refund or stimulus check in and can buy gift cards in $300, $600, and $1200 increments, with the balance of the check returned to the customer as cash. The difference with Krogers is that they will take tax refund checks as well, not just stimulus checks, but they will only do it in the prescribed increments.
FiveCentNickel also notified me that Suburban Wife discovered you don’t even need the physical check since many people opted for direct deposit, you can just go into a Krogers and buy the gift card in those increments with cash, credit card, or personal check. If you use a cashback rewards credit card, you can get an even bigger discount!
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