Groupon.com just launched an innovative program called Groupon Rewards. When you’re a Groupon user, you can have several credit cards on file so that when you’re ready to purchase a deal, your information is already there (how convenient!).
Once you’ve spent a minimum amount at a local business with a credit card you’ve registered on Groupon, “you unlock exclusive rewards at the business,” Groupon says.
I thought this concept was really interesting and something I hadn’t seen yet. Do you think you will use Groupon rewards? Keep on reading for my list of my top 10 favorite personal finance blog posts from the past week.
Last week’s blog about a local discount gas purchase program that doesn’t offer reloadable gift cards was selected for the Carnival of Personal Finance’s 326th blog carnival.
Canadian Dream, the blog host, recognized the Taking Charge blog for its savings message. Although a Texas grocery store chain is sponsoring a promotion to sell gas for 11 cents less than the market price, the store doesn’t provide reloadable gift cards to use for the purchase. Instead, customers must obtain new cards — and throw the old ones away — each time they exhaust the funds loaded on to a card. We wonder why the cards aren’t reloadable to save the environment.
When I filled my car up with gas recently, I saved 11 cents per gallon off the current market price by using a retail store gift card.
That’s a good deal.
Several retailers around the country are offering similar deals to drive traffic to their stores. It’s apparently working as family budgets are being stretched more and more with the bad economy.
I applaud them. But can they make them reloadable for it’s easier on the environment?
It’s no secret that mobile technology is the future of payments. Starbucks has taken a step forward that may ignite even more popularity with mobile payments.
I just learned that in late January, Starbucks announced a new mobile smartphone app for mobile payments for the Starbucks Card, a rechargeable gift card that can also be used for their loyalty rewards program.
According to a press release, with this new app, “customers can manage their card account, reload their card balance directly from their smartphone with a major credit card, check their My Starbucks Rewards status, find nearby Starbucks stores and pay for purchases with the newly expanded mobile payment capability.”
With such a loyal customer base, I’m not surprised that they are one of the first companies to really embrace this technology. Mobile payment does have its downsides, and there is still the debate of data safety when credit cards are involved, but the convenience may be worth it.
For more thoughts, tips and tricks about personal finance, please read on for my roundup of my favorite blog posts from the past week.
Utility company gift certificates can be a godsend for families facing economic hardship.