(EXPIRED) $1K back on $3K+ at Kwiat (diamond engagement rings) via Chase Offer

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I noticed a new Chase Offer the other day that may be of interest to those shopping for an engagement ring or other high-end diamond jewelry: get $1,000 back when you spend $3,000 or more at Kwiat.

The Deal

  • There is a new Chase Offer good for $1,000 back when you spend $3,000 or more at Kwiat (a diamond jewelry store)

Key Terms

  • Expires 9/30/20
  • Offer is valid one time only
  • Terms indicate that it may not be combined with other promotions or discounts (but Kwait would obviously have no control here)

Not sure

I’d never heard of Kwiat before I saw this offer, but they look legit based on my limited research. I did not price shop them to see if they are more expensive than everyone else, so YMMV on that.

When I bought an engagement ring years ago, I took a deep dive for months in the forums and articles at Pricescope and I bought a GIA-certified loose diamond and setting from different vendors and got what was at the time a slamming deal versus buying directly from a jewelry store given the specs I was after — and in fact, for the same set of specs I got, the next best deal I could find was a really big spread in price. It’s worth doing some research before diving in (and obviously some people choose to forgo spending a bunch of money on a diamond altogether, which I can totally respect and appreciate). I add my personal experience here just to say that I wouldn’t blindly assume that $1,000 off is as good as it sounds on the surface. On the other hand, if you find a reasonable deal on something this could certainly push it over the top. Keep in mind that many businesses that deal in diamonds will provide a discount for paying via wire rather than credit card, so it’s also worth taking that into consideration when price comparing.

Still, given the massive potential discount here, I thought it was worth reporting for readers who may be interested in doing the research into whether or not it’s much of a deal.

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