Always looking for the best deal possible has brought me to the deal that I am going to tell you about today. Frequently, I purchase things from Amazon.com because things are usually priced at or below what I could have bought the items for locally. My only issue with doing so is that I always feel like there should be some sort of coupon available for almost everything you buy online from doing a simple web search for “place I want to buy something” coupon. Because Amazon sells things so cheaply compared to many other places I find they do not offer many/any sort of discount codes or coupons….. today that changes.

Details

1.) Discover Credit Card has a 5% cashback bonus deal going on for grocery stores, where they will credit you back 5% of your purchase price up to $300 for the month of May.

2. Rainbow Foods being my grocery store of choice offers fuelperks! which equates to getting $0.10 off a gallon of gas for every $100 you spend. It is limited to 1 use fill up so I am going to use my car with an 18 gallon capacity for maximize savings.

3. Rainbow Foods sells various gift cards to many places you’d never think to buy at a grocery store. Amazon, Home Depot, I-Tunes, and a bunch of restaurants.

Now for the Best Part!

Knowing I am going to end up spending the money on Amazon, I opted to drive over to the local Rainbow Foods and purchase $300 in Amazon gift cards. Which leads to a sweet amount of savings when you follow the math through.

$300 * .05 = Getting back $15 directly from Discover.

$300/100 = Getting $0.30/g for 18 gallons of gas = $5.40

$20.40/$300= Getting 6.8% off of something I was going to buy anyways.

If you went with another gift card type you could possibly multiple the savings with using additional coupons.

Would you ever go through these steps to save a little less than 7%? Do you have a threshold of savings that you are willing to jump through some hoops for?