The Deal
- Pepper Rewards is targeting some customers with an offer giving 10% back on all gift card brands.
- My referral link – use referral code 588157
Key Terms
- Expires May 31, 2024 at 11:59pm ET.
- Points will be issued on June 15, 2024 by 5pm ET.
- Only purchases charged to the card will count toward the total.
Tips & Ideas
Well, this was unexpected. Pepper Rewards offered an identical deal a couple of weeks ago, but pulled it within 48 hours. I was therefore suspicious when I received an email on my account offering this 10% back, so I contacted Pepper Rewards and they confirmed that it’s a legit offer.
I’m therefore not sure why they pulled the previous offer so quickly. The only thing I can think is that they’d sent the previous offer to the wrong segment of customers or perhaps to too large of a segment.
Be sure to take into account how much risk you’re willing to take on with this deal though. With quite a few people being targeted for the 10% everywhere deal, Pepper Rewards will be paying out a huge chunk of cashback (in the form of coins in the app) on June 15. That’s just over two weeks after the end of the promotion and is almost two months from today. I’d therefore highly recommend that you cash out the 5% back that you get instantly, so that if something happened with the app, you’d only be missing out on the additional 5%. I have no reason to believe that will happen, but you need to look after yourself. I know some people are planning on doing five or six figure spend – possibly higher – with this deal seeing as it’s seemingly uncapped. If you were to spend $50,000, the 5% you’ll be waiting on until June 15 would amount to $2,500. If that $2,500 would be essential for you to be able to pay your bills, it’s worth taking a step back to seriously consider your risk. I’m certainly not saying you shouldn’t be taking advantage of this deal – I just want to make sure everyone targeted for the 10% on all brands offer is fully aware of the risk involved seeing as Pepper Rewards is such a new app.
Remember also that you can pay with an Amex Business Gold card to earn 4x Membership Rewards if this is one of your top two spending categories this billing period.
Thanks for the post. The obvious risk is somewhat reduced since almost all of the brands they sell have already been tanked below resale rates of 90% plus so you’ll almost certainly be losing money on the deal too. The brands that are still at or above 90% (Apple say) are only there because Pepper doesn’t sell them…