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How to Save Additional 15% on Buying a Groupon to Get a Double Discount

We are a big Groupon family in my household. In fact I asked my wife to tally up our Groupon purchases in the last year. The amount? $3,722.

Save on Groupon With Discover Credit Card

And since Groupon typically provides at least a 50% off discount on purchases of goods and services, this means my wife and I purchased over $7,000 last year in “stuff” through Groupon.

Crazy when you sit down and compile these numbers!

If you’re not familiar with Groupon, it’s essentially a program through which you can purchase goods and services at deep discounts. How deep? 50% on average.

Groupon, as company, while has suffered badly in the stock market, has done wonders for small businesses from a marketing and exposure stand point.

For example, this is how I use Groupon as a small business owner.

But in this post I want to focus on how I use Groupon as a consumer, and how you can save even more when buying a Groupon next time.

Here is how we do it in our household. Both my wife and I are signed up for Groupon notifications.

We have created a profile and pre-selected the various products and services we are interested in within our desired travel radius. If you are a Groupon user I recommend you do this so you get relevant offers in your inbox.

Once an offer that fits our preferences becomes available we receive an email notification from Groupon. But when we get the email, we do not click the link inside it to purchase the Groupon.

Instead, we log on to www.discover.com and purchase the Groupon through Discover’s “Shop Discover” page online. By doing this we get an additional 15% off on our purchase.

Discover Partners

You can access this page directly from www.discover.com

 

15% Off Groupon

Groupon is listed as a 15% off partner.

 

For example, if I receive a Groupon email notification for a massage priced at $37 with an original market value of $75, and if I purchase it through Discover, I get an additional 15% off and my net cost is $31.45 ($37 less a 15% discount). Basically you get an even bigger discount than what Groupon is already offering. This discount appears as a credit on your Discover credit card statement.

This cost saving strategy is not limited to Groupon. Similar to how affiliate marketers online promote products in exchange for a commission from the vendor, Discover Credit Card has also partnered up with several businesses to offer their goods and services through their website at a discount. I am not sure how much Discover benefits from the relationship, but as a consumer we sure do.

We did not get a Discover credit card just because of Groupon, although if you are purchasing a significant amount the savings could add up and make it worth getting the credit card. In our case, spending $3,722 in Groupon purchases resulted in a savings of $558.30 (15% of the purchased amount).

We both have always had Discover and like it for several reasons. I find Discover’s customer service to be one of the best. The cards we have carry no annual fees, and we get anywhere between 1-5% cash back on all our other purchases. If don’t use Discover and are in the market for a credit card that pays cash back on purchases, I highly recommend looking into Discover (my affiliate link).

And if you are not a Groupon user, where have you been? But more importantly, you can check them out here (my affiliate link).

There are two components to expediting your wealth building process. The first is to save more and the other is to make more. Constantly learning and striving to do both add up to get you financially ahead over time.

While this article does not share a method to “make” money, it does share how you can save more of it when buying a Groupon and as a result keep more of it in your pocket.

What about you – are you addicted to Groupon like we are? Do you have any other tips on maximizing the effective use of Groupon? Will you purchase more Groupons now with a Discover credit card after realizing you can save an additional 15% on your purchases?

Please help me spread the word and share this article with others who can also benefit from double discounts on Groupon purchases by clicking on one of the social media buttons below.

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34 Responses to “How to Save Additional 15% on Buying a Groupon to Get a Double Discount”

  1. Hi Sunil! That is indeed a really great trick and something to have in mind. I just purchased a groupon a couple of days ago and that would have helped.

  2. James says:

    Very interesting breakdown, indeed. It’s nice to have such information available in one location and some ideas for new and different directions to take to help one stand out.

  3. Akil says:

    Hi sunhil,

    Long time great article, I recently just a cake mixture from group uk side which was a 70% saving. I was evenin thinking to get two and sell one on ebay and make a 100%+ profit. You can also do that as well.

    I will have to research your method to see if it works in the uk with a uk credit card provider.

    As a business owners as well you can always use groupon to help local business owner promote and capture leads. I am just reading PDF on how to do just that.

    Well I said my peace and I will try not to make it a while before I come back to comment.

    Akil

  4. Jessica says:

    It was really impressive published article. I do personally learn in the post and also I will share it to my friends later after reviewing. Really interesting post indeed. Thanks.

  5. Great tip! I also do some purchases from Groupon but I do not have Discover card. Now I am thinking whether to get one. Let me do some computing how much I spent with them last year and during the first quarter. Thanks for your suggestion.

  6. Eva says:

    I never thought you can save more than just the typical discount upon buying Groupon and then double the discount. This is really fantastic. I would definitely rush to the site now and purchase more products and services. Thank you so much for this post and for the whole information.

  7. Samfrank says:

    Groupon is great for the consumer and great for Groupon, but not so great for the Merchant. Groupon gives their shopping community incentives to jump from merchant to merchant. Where’s the Loyalty in that? At least there is a Loyalty rewards program that makes a difference for the merchant and the consumer, and it’s not Groupon.

  8. sandi says:

    Interesting tip!
    Thanks for this information that I came in very handy!

    Thanks for sharing with us ;-)

  9. 3.During selected days during the Promotion Period, Groupon will feature certain Groupons as ones where the first 320 purchases of Groupons across all Markets can receive a cash back credit of 20% of the purchase price of the Groupon if the purchase is made using a valid Discover® credit card (“Qualifying Purchase”). Purchasers will see a pencil ad when they go to check out indicating whether the purchase is subject to this promotional offer. The cash back credit will be issued to the Discover® credit card account that is used to make the Qualifying Purchase. Please allow 10-14 business days for the processing of the credit.

  10. Discover has updated their cash back program to match Chases, now you can collect 5% cash back up to $1500 worth of purchases instead of the measily $200-$400 as before. Their website is not perfect, but gives me more monitoring ability as my previous credit company. The website is hands down better than Chase’s (I have credit cards with both).

  11. Unlike other players in the mobile credit card processing space, Groupon offers two swiper options: one is the standard audio jack swiper, and the other is a sturdier case option.

    • Sunil says:

      interesting as the rep didn’t mention once the ability to swipe cards. wonder what the fees are compared to traditional cc processors?

  12. amberen says:

    Great information ! keep it up

  13. Great article very informative, I will be bookmarking this website, thanks for the share.

  14. This means that the card’s issuer will share information about your credit card use with the major credit bureaus – Experian, TransUnion, and Equifax.

  15. piyush says:

    i think is a good article about credit card related information..

  16. I am very happy to get this information, which is inform by you in this blog. Thanks for it.

  17. poonam says:

    Thanks Informative to know about groupon thanks

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