Saving Your Store Reward Points For Value Increase
Financial Management

Saving Your Store Reward Points For Value Increase

Usually when I accumulate those store reward points at the grocery store I tend to just save it up versus just spending it on a regular day as I know on days such as Black Friday businesses often increase the value of the points you have where you could literally save hundreds of extra dollars. Today this was a great example of waiting for deals as normally you would get about $10 for every 10,000 points you redeem which is the normal deal. However, today they were having a one day special for some reason where the value was doubled in which 10,000 points would equal $20.

This was a crazy good deal if you intended to buy high ticket items as well as you could redeem 500,000 points for $1000 off. I ended up just purchasing small items that I would have normally bought anyways where I essentially got extra money for simply waiting. Again, I know many people who don’t treat their reward points as an investment as they just spend it the first opportunity they have. This example shows though you should hold out if you can for better deals as technically this is supposed to be just bonus money of sort for items you would have bought anyways.

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