The Wednesday Weekly — October 30, 2024
I hadn’t seen this talked about before. A friend of mine already gets his gas from Sam’s Club because they have an over 3% discount compared to any other gas station in his town. He shared with me the idea of buying Pepper discounted Sam’s Clubs gift cards and using them for his fuel purchases.
Pepper has often lately given 12-14% discounts on Sam’s Club eGift Cards. If one uses say an Amex Business Gold or BofA Customized Cash Rewards credit card to purchase these Pepper gift cards that brings the total discount to say 16-19.25%!
Assuming one gets these eGift cards at 19.25% discount from Pepper, then one pays only 79.75% of the price. And Sam’s gas is 97% the cost compared to other local gas stations. So 79.75% of 97% = 77.35%; this the price one pays overall with all these discounts — almost a 25% discount on auto fuel!
This can add up to quite a bit of savings per month resulting in large annual savings. Say one spends $150 per month on auto fuel, 77.35% of $150 = $116 — so a monthly savings of $34 in this example. $34 x 12 = $408 annual savings in auto fuel.
I love frugality hacks and I am so glad my friend shared this idea with me recently. $408 per year in the above example is yet another huge money saving hack in the running list of frugality hacks. When you add up all these frugality hacks it can amount to $10,000 or more dollars saved per year! — all without sacrificing any quality of life. See the Frugality category for more frugality ideas. I’ll keep adding these over time. I love sharing them.
Here is my friend’s Pepper referral code if interested in signing up: 613532
Wow, great tip! Thanks for posting.