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Hy-Vee is back with what should be a wildly profitable Mastercard gift card deal as you can get $30 off every $500 card you buy.
- Get $10 off every $150 spent on Mastercard gift cards.
- Direct link to weekly ad.
- Expires May 23, 2023.
Hy-Vee normally runs these kinds of deals on Mastercard and/or Visa gift cards leading up to Thanksgiving, so it’s great to see it making a return 6 months earlier than normal.
Provided this latest iteration works the same as past offers, it’s an even better deal than Hy-Vee advertises it. They list it as a $10 discount when buying $150+ Mastercard gift cards, but it’s actually $10 off every $150 spent on Mastercard gift cards. As a result, you get a $30 discount when buying a $500 card. I’m not sure if the cards at Hy-Vee come with a $5.95 or $6.95 purchase fee, but either way you’re making a $23-$24 profit per card before liquidation costs which is an excellent deal, particularly because that’s before taking into account rewards earned by paying with a card that earns more at grocery stores.