Cub Foods announced a new program today to help shoppers save up to an additional 10 percent. OK, a 10 percent savings might not sound like much, but in the grocery store, where profit margins are razor thin, 10 percent can be a big deal. Here’s the pitch: Starting Sunday through April 15, purchase a Cub gift card for $250 and get a credit of $20 on the card ($270 credit for $250) or purchase a $300 gift card and get $30 credit ($330 for $300).

The gift card does not expire or have any nasty fees. The fine print is pretty harmless: The bonus amounts cannot be used to purchase alcohol, fuel, tobacco, lottery tickets, prescription drugs or additional gift cards.  Grocery gift card purchases cannot exceed $1,250 per household. Gift cards purchased for less than $250 will not receive any bonus amounts. 

To take full advantage of the bonus savings, buy items on sale and with coupons when possible.  I’ll continue to shop Aldi for the best savings on staples, produce, dairy and a few meat products, and then use my Cub gift card for items I can’t find or don’t like at low-price leader Aldi.

This entry was posted on Wednesday, March 11th, 2009 at 2:43 pm and is filed under Food. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.