The economic stimulus checks are coming! Before depositing your tax rebate at the bank, it might be a good idea to see what retailers will offer you for it. While I don’t necessarily like the idea of treating this extra money as different from any other money (a dollar is a dollar), you might as well take advantage of the promotions if it doesn’t change your intended spending patterns. Although some of these require an economic stimulus check, others work with any tax refund check.
Even if the big names like Kroger and Albertson’s don’t ring a bell, read the lists below carefully for a store that is near you. For example, in Portland, Oregon there is the popular Fred Meyer chain, which I didn’t know was part of the Kroger family.
Supervalue Inc. Supermarkets – 10% Bonus
Including Acme, Albertsons, bigg’s, Cub Foods, Farm Fresh, Hornbacher’s, Jewel-Osco, Lucky, Shaw’s/Star Market, Shop ‘n Save and Shoppers Food & Pharmacy. From their press release:
Customers who are interested in growing their refunds should bring their government-issued economic stimulus or tax refund checks, along with government-issued identification, to customer service counters at their local stores between May 2 and July 31, 2008, to purchase store gift cards in $300 increments, not to exceed $1,200 per household. Each gift card will be loaded with an additional $30, to bring each gift card total to $330.
Kroger Co. Supermarkets – 10% Bonus
Including Kroger, Baker’s, City Market, Dillons, Fred Meyer, Food 4 Less, Fry’s, Gerbes, Hilander, Jay C, King Soopers, Owen’s, Pay Less, Ralphs, Smith’s and QFC stores. From their press release:
Kroger customers who are interested in exchanging their refunds or economic stimulus checks should present their check and customer loyalty card at their local store’s Customer Service center from May 2, 2008 through July 31, 2008. The program is limited to one offer per household with a limit of $1,200.00.
Sears, K-Mart, and Land’s End – 10% Bonus
I was going to buy a Martha Stewart futon from K-mart just last week… From their press release:
When customers bring their stimulus checks to a Sears or Kmart cash register, they can convert the amount of the check into gift cards, plus receive a bonus gift card worth an additional 10 percent. To be eligible, the amount of gift cards purchased must be equal to the full value of the stimulus check. The gift cards can be redeemed at any Sears, Kmart or Lands’ End retail stores or online at sears.com or landsend.com. The promotion is scheduled to last from May 14 to July 19, 2008.
Radio Shack – 10% off $50+ Purchase
Targeted at the “underbanked”, but if by chance you want something from there… Personally, I’ve only bought a headphone splitter from there in the last 5 years. Their press release.
Customers who use their checks to pay for purchases above $50 between May 4 and July 12, 2008, will receive a 10 percent discount on their purchases. Any amount left over from the purchase will be placed on a Vision Silver Prepaid MasterCard, which can be used at any place that accepts MasterCard.
Don’t lose those $660 gift cards!!