The Offer
The Fine Print
- Walgreens sells $500 Variable load gift cards (which are included for this promotion. They are pictured in the advertisement) which have a $4.95 fee.
- Valid from 5th of October to the 11th of October
Our Verdict
Sorry that we posted this so late, hopefully some of you are able to take advantage before the deal expires. That said, this is a recurring offer for Walgreens so we’d be surprised if it doesn’t come back the week after next. To make the most out of this deal, you’ll want to use a credit card that earns at a high rate on grocery store purchases. Alternatively you could use your Discover it card if you’ve enrolled it in the “Pick a store for 5% cash back” promotion (it’s not to late to still enroll). Assuming you used a card that earns 5% cash back and you bought two $500 gift cards here is how much profit you’d make:
- 2 * $504.95 = $1009.9
- $1009.9 * 5% = $50.495
- And a $5 Walgreens giftcard (could be sold for 83% on facevalue according to giftcardgranny or $4.15)
You’d end up paying a total of $955.255 for $1000 in Visa gift cards or ~4.5% cashback. Those who are into manufactured spending should hop on this deal, for those who don’t manufacture spend this might still be a good deal as it allows you to earn close to 5% cashback on all of your purchases.
Dang, missed this one… Hopefully next time.
Walgreens in Denver only take Cash for any type of card like this one.