http://www.kroger.com/fuelVIP
Heard about this on the radio. Honestly I was a bit hesitant about posting this. I suppose it could be good if you shop at Kroger and buy Kroger gas often enough. Figured I'd give people the heads up about the new fuel points program. Hopefully it's a money saver for some people.
Spend $100 on groceries with your Shopper's Card +Kroger Fuel VIP:
- Earn 200 fuel points.
- Save 20¢ per gallon at the pump.
- During a 2X fuel points promotion: Earn 3X fuel points.
- During a 3X fuel points promotion: Earn 4X fuel points.
FAQ -
https://kroger.softcoin.com/progr...P_FAQs.pdf
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Spend $400 per month at Kroger on food, and 45 gallons a month of gas. Bonus points per month from this offer: 400. For 45 gallons, that's a bonus savings of 40c * 45 = $18/month. That's a savings of $18 * 12 - $40 = $176 a year. Double that to a more realistic 30 gallons or more, as you can share with family members or whoever, and you can easily save $350+/year.
Obviously if you already shop elsewhere it's not great, but if you do then this deal is certainly slick.
If you're spending $250 a month on groceries and you fill up at 15 gallons, you were saving $3.00 on gas (because only 200 of the points can be used). On this program, the 250 fuel points would double to 500 fuel points, saving you $7.50 on gas or an extra $3.50 which covers your cost.
Not everyone spends $250 on groceries or needs the gas, so agree it isn't for everyone. But the deal is a fair bit better than you were describing.
Wow! Hope you have a good cash back card for groceries spending that much.