From 6/2/17 to 6/8/17 you can earn 5x fuel points when you purchase Amex, Sears and Nike gift cards at Stop & Shop (or Giant). You have to present your Stop & Shop card when purchasing the gift cards and also when redeeming your points at the gas station.
These gas rewards have been devalued lately, but here’s how it works now. Every 100 points are worth $0.10 off per gallon on your fill up of up to 20 gallons, or even higher. If you buy a $500 Amex gift card in this case, you will receive 2,500 points. That would be $1.00 off per gallon. The more you can pump in one transaction, the better the deal gets.
If you buy more than one gift card, you’ll obviously get more points but you can only redeem up to 1500 points per transaction at some locations, which is $1.50 off per gallon. Some places you can use even more, which could even get you almost free gas.
Points can be reedemed at Stop & Shop gas stations and at participating Shell locations which can be found here. In New Jersey, savings apply after fueling at the posted price and will appear on the receipt. If you don’t have a Stop&Shop near you, the deal should be available at Grant as well.
Don’t buy too many cards if you don’t drive much and try to fill up with an empty tank to maximize your profits. I usually drive about 1300 miles per month, so this offer should add up to some nice savings.
Gas Rewards Details
- Total discount cannot exceed price per gallon
- The discount can only be used on one vehicle, limited to the tank’s capacity, not to exceed 20 gallons
- Earned points are available for redemption within 24 hours
- Gas Rewards points are valid for 30 days from the day they are earned; your date of purchase is Day 1
- Your available points will be redeemed in 100 point increments (worth 10 cents off per gallon)
Maximize Credit Card Rewards
Use a credit cad that earns points at grocery stores when purchasing the gift cards. You can use Amex Blue Cash Preferred to earn 6%, Amex Old Blue Cash to earn 5%, or Chase Freedom will also earn 5% this quarter.
Read more here on how to use your points.
This is a great deal for people who drive a lot since it get’s you very cheap gas or almost free in some places. We usually only see 2X fuel points offers on Amex/Visa/MC gift cards, so this one is pretty rare. And on top of it you get a small profit through credit card rewards. Just make sure you have a liquidation method for Amex gift cards, but even if you just use them for regular spend, it should still be a good deal.
Previously some locations, especially in NYC, didn’t allow gift card purchases with credit cards but it now explicitly states in the ad that they accept credit cards for gift card purchases.