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If you have a Visa business card, and have enrolled in the Visa Savings Edge program, you know how it works. (If you haven’t enrolled, check your card eligibility here!)
Visa Savings Edge offers a way for business owners to save a bit of money on purchases form certain retailers. Spend money with your enrolled Visa business card at a retailer on their list, get a Visa Savings Edge statement credit. Ever get some money back from AmEx OPEN savings on your business AmEx? Same idea. The best part about these programs is the automation – once you’re enrolled with Visa Savings Edge, all you need to do is buy from the included retailers, and you’ll receive a statement credit back. Savings typically range from 1-5%, with some outliers at higher rates. Sears at 10% is a pretty good one!
Today I received an email from the Visa Savings Edge program, outlining an update to their Terms and Conditions and announcing “Activate Offers” – a new program…
What’s this new activate thing? Did Visa gut their program? Should I cancel my BoA Alaska Business Card?
As I logged into my Visa Savings Edge account, with a bit of apprehension creeping in, I saw a familiar page. Don’t worry, we’ll all still be getting 3% back on our Newegg purchases. It seems VSE has simply added this Activate Offers to their program, making Savings Edge a bit more valuable in the process. At the moment, my Activate Offers portal had only two available:
- Save 4% on Vistaprint up to $100 back
- Save up to 10% on Office Depot/OfficeMax up to $5 back
I went ahead and activated both, though I’ll likely only use the Office Depot offer in the near future. The offer expires on 4/29/2018, so I have plenty of time to go after it! Other than that, the terms are fairly standard…in-store and online, US and Puerto Rico, offer must be activated first, offer only applicable on qualifying purchases, etc. As far as “qualifying purchase” goes, Visa Savings Edge Terms & Conditions exclude purchases of reloadable or prepaid cards, but anything else looks like fair game.
My hunch is that Visa Savings Edge will be more closely competing with AmEx Offers and Bank Amerideals with these promotions. Hopefully, that means more opportunities and savings for us!
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This is actually really useful. I activated the officemax/officedepot deal as well on my chase ink plus. Next time they have a negative cost Visa gift card promo you should be able to stack this 10% off $5 max with the 2% officedepot reward savings on up to $200 in gift cards and come out even further ahead. Even if they don’t come out with a negtive cost promo this quarter this will mostly cover the fee on one $200 prepaid VGC. Just like od/om amex offers I see no reason why this wont work in store for VGCs
Agreed, some great opportunities to stack with the gift card promotions!