Food Lion launched an extraordinarily generous promotion today that will save you an automatic 20 percent on gift cards to select retailers.
Now through June 19 at Food Lion stores, when you spend $50 on gift cards for Belk, Lowe's Home Improvement, iTunes, Bass Pro Shops or Mastercard, you'll get $10 off your bill -- instantly.
There are no coupons or rebates involved. As I understand it, you will simply pay $40 for a $50 card. (Shoppers are limited to one gift card deal per day.)
If you're buying for a Father's day or graduation gift, you've immediately saved 20 percent on a generous gift.
Or, consider purchasing a gift card for your own household for a purchase you've already planned.
For instance, I'll be purchasing a Lowe's Home Improvement card for ongoing projects at our house. Since Lowe's rarely has sales, I'm making my own by paying just 80 cents on the dollar for the card.
Or, choose a retailer such as Belk that frequently has sales and coupons and save even more.
Let me know in the comments section if you decide to do this deal. I'd love to hear your scenarios.