Q: What is the purpose of multiple transactions?
A: Multiple transactions serve to lower your OOP cost in a trip. Check this out:
- Men’s Razor: Sale Price $9.99. You have a $4/1 MFQ and you will receive a $5 ECB ($9 in savings).
- Toilet Paper: Sale Price $9.99. You have a $.25/1 MFQ and you will receive $2 ECB ($2.25 in savings).
Transaction Scenario #1: One big transaction
$9.99 (Razor) – $4 MFQ + $5 ECB + 9.99 (TP) – $.25 MFQ + $2 ECB = $15.73* OOP + $7 ECB to use next time. ($8.73* total cost)
Transaction Scenario #2: Two Transactions
$9.99 (Razor) – $4 MFQ + $5 ECB = $5.99* OOP + $5 ECB to use next time.
$9.99 (TP) -$.25 MFQ + $2 ECB – $5 ECB = $4.74* OOP + $2 ECB to use next time.
Total OOP for Transaction Scenario #2 = $10.73*, plus you have the $2 ECB for next time. So, the total cost is still the same ($8.73*), but you’ve spent $5 less out of your pocket for the shopping trip.
This is a practice called “Rolling Rewards”. CVS is great about it! I find cashiers seem to be inspired when I waltz in for a great deal, and are especially gracious when I am organized when presenting my coupons.
Hope that answered your question, Monica!
(* all prices do not include tax)