Yesterday was Small Business Saturday (aka the day where American Express helps subsidize your annual fees), which is one of my favorite days of the year on the credit card front.
For the past several years American Express has run a promotion on this day whereby you can get a statement credit when you shop at a small business that day.
This year they offered three $10 statement credits per card. As far as I’m concerned, it’s a great way to subsidize the annual fees on many American Express cards. 😉
So, I’m curious to hear what your strategy was for Small Business Saturday. The way I look at it, there are four kinds of American Express cardmembers when it comes to this promotion.
A) Hmmm, so I can buy how many gift cards at one place?
There are those that go to a retailer — maybe their favorite restaurant — and say “yeah, so I’d like to buy $300 in gift cards… but please swipe each card three times for exactly $10.” Then half an hour later they walk out with 30 gift cards.
B) I feel too guilty to do it all at one place.
Then there are those that feel too guilty/self conscious to do that all at one retailer. So they still only buy gift cards, but split it up a bit. Maybe a few gift cards per retailer, for example.
C) Spa/nails/liquor store/restaurant day.
Then there are those that make a “day” out of Small Business Saturday. They don’t make exactly $10 purchases, but instead actually visit a bunch of small businesses to go about their normal business and pick up statement credits that way.
D) I can’t be bothered.
Then there are those that can’t be bothered to take advantage of this promotion, since we’re “only” talking about a $10 credit per card per purchase.
So I’m curious, which category do you fall into? And how much will American Express be reimbursing you for your spending yesterday? 🙂