There are a growing number of grocery stores that are offering discounts on gas when you purchase a certain amount of food from them. When you mee the required minimum amount, you receive a coupon for for a specific amount off per gallon of gas at an affiliated gas station in the area.
With gas prices as high as they are and everyone looking to save a few pennies on gas where ever they can, this promotion has positives for everyone. It’s a good promotion for grocery stores because it brings in more people to shop. It can also be a money saver for you since discounts on gas can be as high as 10 cents a gallon. You do have to be careful, however, because there are traps where you may think you’re saving money when in reality you are losing it.
- If you purchase more at the grocery store than you would normally to reach the minimum amount you must buy to receive the gas discount, then you will likely spend more than you save.
- You still need to compare competing prices in the area, especially if the grocery store offering this is farther than other grocery stores in you area. If you get 10 cents off each gallon, but the price of gas is 10 cents more than other gas stations in your area, the deal really isn’t the deal it seems.
- You need to make sure that the grocery store doesn’t have prices higher than other grocery stores in your area. If you are saving on gas, but at the same time paying more for your groceries, you aren’t saving money overall.
It’s worthwhile to see if there are grocery stores in your area that are offering this service and if they do, run the numbers to see if it is a good deal.