Quote:
Originally Posted by woj
It's pretty close to getting a $100 discount directly, especially at a store like walmart... even if you don't want to do any additional deals... you can just buy the xbox, get the gift card, and use it next week to buy groceries at walmart instead of your usual grocery store...
a setup like that is probably slightly less convenient, so have to figure some convenience cost, perhaps 20%, so figure the xbox is really costing you $120...
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Let's say you have $300 cash in your pocket and you go to walmart and buy an xbox for $200 and receive a $100 walmart gift card that can only be used on a future purchase ay walmart.
As you walk out of walmart you have $100 cash left in your pocket.
The next day you go back to walmart to buy $100 of groceries.
Instead of pulling your last $100 of cash out of your pocket you use your $100 gift card to purchase your groceries.
You started with $300 and now have $100 in your pocket. $200 went to purchase the 360 and you got $100 of groceries for free with the gift card. Getting the groceries for free DID NOT put $100 back in your pocket. You still have spent $200 on the xbox.
People think a gift card works like a rebate and I say they don't. A rebate puts money back in your pocket and a gift card prevents you from pulling more out.
