The smart shopper stretches the dollar

Sometimes, with a little planning, we can get much more out of every dollar we spend. Dear2 and I have just returned home from a grocery trip to Westgate and I would like to share an example of how we stretched our dollar.

Baby2’s milk powder was running out, so we have to buy some this weekend. The usual price of Baby2’s Gain IQ (1.8kg) is $75.90. But we knew that Guardian is having a promotion this weekend for the milk powder at $72.90.

At the same time, we have this Guardian coupon (which can be obtain directly at any Guardian counter) to Enjoy $5 off with a minmum spending of $45 in a single receipt. Purchasing the discounted milk powder definitely qualifies us to use this coupon.

Also, Guardian is a participating store in the TapForMore program with Passion Card which allows us to earn 1 point for every $1 spent, every 150 points will allow us to redeem $1 back.

Additionally, Maybank Friends and Family card gives us a 5% cash rebate (to be credited in the next credit card statement) when purchasing at Guardian stores.

During our last visit to Westgate, we visited the customer service counter at level 3 to check out the latest promotions and redemptions (just like we did at Vivocity and nearly every shopping mall that we visit). We knew that there is a Fortune Redemption program that allows us to earn 8888 STAR$ with a minimum spending of $188 in 3 receipts at Westgate.

That is on top of the STAR$ that we can already earn at all CapitaMalls at a exchange rate of $1 spend = 5 STAR$. In addition, we linked up our Passion Card with our STAR$ account which improves our exchange rate by 1.5 times, which meant that every $1 spend earns us 7.5 STAR$. STAR$ can be redeemed at a rate of 5000 STAR$ = $5 CapitaMall voucher.

Lastly, we will be using a $10 Dairy Farm voucher which we purchased from SAFRA at a discount of 8% (i.e. pay $92 for $100 Dairy Farm voucher) and a $5 CapitaMall voucher (which we redeemed using our STAR$ during our last visit to Westgate).

So off we went to Guardian at Westgate. We purchased 3 tins of Gain IQ (1.8kg) split into 3 separate receipts so that each receipt qualifies for the $5 off Guardian coupon. For one of the tins, we used our Dairy Farm and CapitaMall vouchers for another $15 off. In total, we paid ($72.90 – $5) x 3 – $15 = $188.70 using our Maybank credit card which will earn us $9.435 in our next statement.

Meanwhile, we earned 72.90 x 3 = 218.7 TapForMore points which is equivalent to 218.7 / 150 = $1.458 redeemable at our next purchase.

Next, we went to the Westgate customer service counter to earn our regular 72.90 x 3 x 5 x 1.5 = 1640.25 STAR$, and to earn our bonus 8888 STAR$. That’s a total of 10528.25 STAR$ worth $10.528 in redeemable vouchers, the caveat being these are only redeemable in 5000 STAR$ blocks. We then immediately exchanged 10000 of those just-earned STAR$ into $10 CapitaMall voucher.

Let’s tally our total savings. The original cost of 3 tins of Gain IQ (1.8kg) is $75.90 x 3 = $227.70. We paid only $188.70 at Guardian. However, we have to adjust for the Dairy Farm vouchers which was bought and not earned. So our total amount paid will be $188.70 + $9.20 = $197.90. Next, we earned $9.435 + $1.458 + $10 = $20.893 in rebates and vouchers. Therefore, effectively the 3 tins of milk powder cost us $197.90 – $20.893 =$177.007 or just $59.002 per tin.

That’s savings of 22.26%. :)

-Dear1

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