By JLP | January 28, 2006
Turbo Tax is offering a gift card program this year. Here’s how it works:
If you get a tax refund, you can have a portion of it put on gift cards for certain retailers. Then, when you use the gift card, the retailer will credit back a portion unto the gift card. I know it sounds confusing but it works out to a 10% to 30% bonus depending on the retailer. Here’s a list of participating retailers.
They even have “real world examples.” In this example, the guy receives a 14% bonus.
There is a $14.95 shipping and handling charge, which seems a little steep to me considering we are talking about gift cards.
I’m not recommending this deal, but if you are going to spend your refund anyway, you might as well consider this program.
I’ll write more about this later.