(EXPIRED) 15% back at Tumi via new card-linked offer

There is a new Chase Offer out today that is good for 15% back at Tumi (up to $82.50 back on $550). That might turn out to be a good deal, but I’d probably wait this one out a bit in the hopes of a better shopping portal payout in the coming days given that Prime Day is a week away.

The Deal

• A new Chase Offer is good for 15% back on Tumi purchases up to $82.50 back on $550

Key Terms

• Valid until 7/14/21
• Not valid on Tumi purchases through other retailers (only directly from Tumi)

Quick Thoughts

This looks like it could be a good deal if you were planning to buy something from Tumi anyway – especially since they have their semi-annual sale going right now.

However, keep in mind that prices are reduced at all of their authorized dealers during the semi-annual sale, which means that you can get many of the same deals that Tumi is offering via popular department stores like Macy’s, Saks, Bloomingdale’s and more. Selection will vary from one store to another. Fortunately, so will opportunities for stacking. You won’t be able to use this Chase Offer if you buy from another merchant, but you might get a better deal.

For instance, Tumi has this Alpha Bravo Davis backpack on sale for $299 (for the record, I don’t particularly care for this one, but it fits as a good example):

You could go through a shopping portal for 5% back plus 15% back via the Chase Offer and get a total of $60 back for a net cost of about $240 before tax.

The same bag is available from Bloomingdale’s for $300 even. Shopping portal TopCashBack is currently offering 8% cash back for Bloomingdale’s, which would drop the net cost to $276. There are currently a couple of Amex Offers for Bloomingdale’s. If you have the offer for $15 back on $75, that drops the net cost to $261. You could alternatively buy discounted gift cards to save ~4% on the $300 purchase price for almost the same net cost. Bloomingdale’s is also offering a $25 reward for every $100 spent for members of its loyalty program. Since this bag is exactly $300 at Bloomingdale’s, you should receive $75 in rewards.  In other words, your net cost could be a hair more than buying directly from Tumi but if you value Bloomingdale’s rewards that would be a significantly better deal.

I’d still recommend waiting. Since Amazon Prime Day is coming in a few days, I expect that there will be many shopping portal rate increases on other stores as those stores try to swipe some business from Amazon. For example, last year’s Prime Day got delayed until October 13-14 and Macy’s was at 15% cash back on TopCashBack on October 14th according to Cashbackmonitor. I wouldn’t be surprised to see department store rates in the 10-15% back range (and all the better if we see them through Rakuten where they can be earned as Membership Rewards points).

To be clear, those increased rates likely won’t do you much good if you’re looking to use this Chase Offer since I expect to see increases at department stores rather than Tumi.com — rather I mean to say that buying through Tumi to use this Chase Offer may not be your best bet. However, we did see Tumi hit 15x on Rakuten over the Black Friday / Cyber Monday weekend, so it isn’t altogether impossible that we’ll see a stacking portal increase that makes buying direct from Tumi a great deal.

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