CVS 301: Advanced

by Beth Montgomery on May 11, 2009 · 2 comments

in Coupons & Rebates

If you’ve been doing CVS for a while, eventually you get the urge to leave the newbie scenarios behind and get a bit more advanced. CVS is great about giving us $/$$ coupons. You can get them in your e-mail, with your receipt, or at the magical coupon kiosk that stands at the entrance of your store. Sometimes, you even find one on line in a digital magazine or on a flyer for a new store. Where ever you get your $/$$ coupon, by incorporating them into your CVS plan of attack, you can save even more and walk out with more ECB to use in your next transaction. Buy building up your ECB, you can lower your OOP.

How does this work?

Imagine one week CVS is selling Garnier shampoo for $2.99 each and you get $2 ECB when you buy it with a limit of 4. On top of that, you have a $1/1 manufacturer coupon. As a newbie, you could do the following:

TRANSACTION 1:
Buy 1 Garnier Shampoo
Use 1 – $1/1
Pay $1.99 OOP
Get $2.00 ECB (Make $0.01)

TRANSACTION 2:
Buy 1 Garnier Shampoo
Use 1 – $1/1 Coupons
Pay w/ $2.00 ECB (Lose $0.01 ECB)
Get $2.00 ECB

And you could repeat this until you ran out of coupons or reached your limit! If you had all 4 coupons, you’d pay $1.99 OOP and get 4 bottles of shampoo. Plus, you’d walk out with $2 ECB. However, if you incorporate a $2/$10 coupon, you could do it all in one transaction and walk out with more money to use in the coming weeks.

TRANSACTION
Buy 4 Garnier Shampoos
Use $2/$10 Coupon
Use 4 – $1/1 Coupons
Pay $5.96 OOP
Get $8 ECB (Make $2.04)

Sure, with the second transaction, you are paying more OOP, but if you are rolling your ECB, you could pay all or most of this amount with your ECB, then walk out with $8.00 in ECB to use on your next transaction, instead of just $2.00.

To take full advantage of your $/$$ coupons, mix and match the wonderful deals available to make your OOP as little as possible and attempt to gain some ECB in the deal. $/$$ coupons are the tool to increase your ECB.

While frugal sites often provide you with the deals, they don’t provide you with the perfect scenario for you to use your $/$$ coupon. Often it depends on which coupon you got and what you need most. Unfortunately, you’ll often have to do this yourself, but with practice, you’ll get it perfect!

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