Sunday, November 16, 2008

Just Like Cash

So - if you're like me and spending money at Amazon is pretty much a certainty (especially now that nearly all of my digital music is bought there), this is a pretty slick deal.

Coinstar and Amazon teamed up a while back to let you turn in money at Coinstar machines, and avoid the transaction fee if you redeemed the coins for an Amazon gift certificate instead of cash.

Now, they have a special deal where if you turn in $40, you can mail in for an additional $10. So - I can drop by the bank, get $40 in quarters, and then drop them into the closest coinstar machine. After mailing in my receipt, I end up with $50 I can spend on Amazon. A nice little 25% gain on my money (or equal to a 20% off coupon, however you want to look at it).

Worst case if somehow the $10 deal goes wrong, I simply tied up $40 at Amazon that is guaranteed to be spent eventually (and often far too quickly).

1 comment:

---ryan said...

Be sure to check that your local machine supports gift cards. Mine don't. The website told me this but I decided to try anyway. No go.