The Kroger chain of supermarkets is interested in getting their shoppers’ stimulus checks when they are issued this year. In exchange for a check, Kroger will issue gift cards totaling 110% of the check’s value. (A $300 check will net 1 $330 gift card; $600 check, 2 $330 gift cards, and so on.)
An interesting idea, assuming one spends a lot of time – and therefore money – shopping at Kroger. It’s almost like investing money in a company and netting 10% interest immediately. No maturation required.
Course, my stimulus check – actually direct deposit – will likely be going into one of two places: my debt or my savings account. (link via cincycub)
