HOT DEAL: How I’m getting 10% back at Best Buy this weekend

I normally take a break from blogging over the weekend, but circumstances compel me to post. What a pleasant surprise it was this morning to see the following message from Best Buy in my inbox:

There’s a little more info on Best Buy’s home page right now if you’re curious. What all this means for me is 10% back in the form of Best Buy gift certificates (assuming that both my math and Best Buy’s fulfillment processes are correct). How do I get 10%? First of all, you normally get one Reward Zone point back for each dollar spent, and each point is worth 2 cents of Best Buy gift certificates. Triple that and you’re at 6%.

I also get an additional half a point for being Premier Silver (which you get after spending $2,500 at Best Buy in a single Calendar year), plus another point and a half for using my Best Buy credit card. So the two extra points would be worth an additional 4% (these two points are bonus points and are not tripled). But you don’t have to be a Premier Silver or a Best Buy cardholder to make this a good deal–this would be a great way to put some spend on a Starwood card, for example.

Note that if you’re not a Premier Silver, you only get double bonus points, not triple. But then, if you’re not a Premier Silver, promotions like this are a good time to become one. In fact, promotions like this are how I became a Premier Silver in the first place. Double bonus points still gets you 4% plus whatever your credit card rewards are.

Finally, note that as per the fine print, this offer is only good for one purchase, not multiple purchases.