Dec 20 2008

Coinstar Promo adds to my net worth

I would like to thank Jonathan at MyMoneyBlog for highlighting the recent Coinstar holiday promotion. I am a big fan of putting my spare change in a jar each day and depositing this when it reaches a sizable amount. As I was reading MyMoneyBlog one day, I noticed that Coinstar was giving you $10 for every $40 deposited, that is a 25% risk-free return. With this deal being too good to pass up, I took my spare change jar over to the closest Coinstar machine and converted $130 of loose coin into Amazon.com gift certificates. Knowing the holidays were coming up, I just recently used this eCertificate to pay for some family gifts.

I filled out the rebate paperwork and am waiting for the $20 Amazon gift certificates in the mail. That is right, I completed two Coinstar transactions one under my name and the other under my wife’s name. I know the rules say one rebate per household, so I decided to try and test the limits. I will let you know if I was successful in capturing two rebate gift certificates.

In similar fashion to previous posts, I will deposit the $130 in loose change to my net worth account. Once I receive the $20, $10 or no promotion dollars from Coinstar, that too will be deposited in this account.

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Author Disclosure: At the time of posting, I do not own any shares of Coinstar (CSTR).

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3 Comments on this post

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  1. Hot Ebay Store » Blog Archive » Coinstar Promo adds to my net worth | FinancePuzzle wrote:

    [...] unknown wrote an interesting post today onCoinstar Promo adds to my net worth | FinancePuzzleHere’s a quick excerptWith this deal being too good to pass up, I took my spare change jar over to the closest Coinstar machine and converted $130 of loose coin into Amazon.com gift certificates. Knowing the holidays were coming up, I just recently used this … [...]

    December 20th, 2008 at 3:34 am
  2. Easy Auction Ebay » Blog Archive » Coinstar Promo adds to my net worth | FinancePuzzle wrote:

    [...] unknown wrote an interesting post today onCoinstar Promo adds to my net worth | FinancePuzzleHere’s a quick excerptIn similar fashion to previous posts, I will deposit the $130 in loose change to my net worth account. Once I receive the $20, $10 or no promotion dollars from Coinstar, that too will be deposited in this account. … [...]

    December 20th, 2008 at 3:46 am
  3. $10 Coinstar Promo amount finally comes in | FinancePuzzle wrote:

    [...] I guess you can’t blame me for trying….As a follow-up to my last Coinstar promo blog post, I finally received the $10.oo promo amount in the form of an amazon gift card.  If you recall, I [...]

    February 6th, 2009 at 9:35 pm

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