Second in this series, this post highlights a very important point that may cause some people to think "Duh!" and others to think "Huh?"
Gift cards are free money. If used correctly, they can do amazing things! If you got a $10 gift card, for example, you have two options of spending the money:
- Go to store, find $10 worth (or more) of merchandise, present gift card and, if necessary, pay remainder.
- Go to store when there's a current promotional event, find $30 worth of stuff, present $10 off $30 coupon, receive 50% off, pay with gift card.
In the second example, you're tripling the value of your gift card! So my point is, wait until there's a sale at the store you're planning on shopping at, and then use your card. It's a good idea to check the expiration date on your gift cards because some store cards don't last longer than a predefined time. Keep your card handy so it's accessible when you want that slick deal. By the way, the same applies to other forms of free money, such as reward certificates, cash cards, refund checks, etc.
How iRiR maximized $20: In October, I was mailed a DSW Rewards certificate valued $20. I wanted these really cute slippers that cost $34.95. Using a 30% off promotional code, I brought the total down to $24.47. Shipping was $7.95 (the free shipping code only applies to orders above a minimum), and the subtotal was now $33.09 including tax. Then I applied a $5 off coupon and my $20 Rewards certificate, and the grand total was $8.62!!! Postscript: I ended up receiving the order with a small problem and was ready to exchange them. They didn't have my size so I was offered a partial refund of $8.62. I argued with the sales rep that I should really be getting $20 because they should refund my costs, not my shipping charges! I got what I wanted :)