At the moment there’s an opportunity to score a fantastic deal on wine thanks to three deals that are stackable. You can potentially score about half off for your purchase. You can do this by getting $60 off, then another $50 off, then also earn 6x bonus miles per dollar spent. Here’s what you need to know about this offer.
Amex Offer for $60 off a $200+ purchase at wineaccess.com
Like many good deals, this one starts on Amex Offers. For those of you not familiar with Amex Offers, it’s a program available through most Amex cards, where different cards are eligible for different savings and bonus offers. In many cases the offers can be huge, and more than offset the annual fee on a card. To view Amex Offers, go to the bottom of the account summary page of any American Express card, where you’ll see all the offers you’re eligible for. These offers come in different forms, including discounts and even in some cases bonus points.
In this case there’s a targeted offer for $60 back when you spend $200 or more at wineaccess.com.
Like most Amex Offers, this one is targeted. I’m not targeted for this offer on any card, while Ford has the offer on all five of his Amex Cards, including The Platinum Card® from American Express, The Business Platinum® Card from American Express, The Blue Business℠ Plus Credit Card from American Express, the Marriott Bonvoy Business™ American Express® Card, and the Hilton Honors Ascend Card from American Express.
Note that this offer is available for delivery to the following states:
Alaska, Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
The basics of wineaccess.com
In the past we’ve seen some some Amex Offers available for joining wine clubs and similar concepts. The good news is that wineaccess.com isn’t a wine club. Rather you can just buy wine directly without a subscription needed. Here are some other things to be aware of:
- They offer free shipping when you spend at least $150, or when you order at least six bottles; since everyone should be buying at least $200 worth of stuff ($250, actually — more on that below), that means everyone should be getting free shipping
- The website has a selection of excellent wines, though you won’t find any $10 per bottle wines here, as their cheapest wines seem to be around $20
- They do charge more than some other retailers, though by stacking offers, you should be able to come out way ahead
- I’m finding that on average the markup over other top retailers is about $10 per bottle; so you’re going to score a better deal buying high end wine (where it might cost $80 rather than $70), rather than buying cheaper wines (where it might cost $25 rather than $15); again, this offer won’t be for everyone.
Let’s take a look at how the pricing compares for a few different types of wine. Usually I find that K&L has among the best pricing for wine, so let’s do a few quick price comparisons between wineaccess.com and klwines.com:
- Laurent-Perrier Cuvee Rose — $70 at klwines.com, $80 at wineaccess.com
- 2012 Talenti Brunello di Montalcino — $44 at klwines.com, $55 at wineaccess.com
- 2015 Tor Kenward “Durell Vineyard” Sonoma Valley Chardonnay — $60 at klwines.com, also $60 at wineaccess.com
Now let’s talk about the actual deal.
Step #1: register for the Amex Offer
The first step is to check if you’re targeted for this Amex Offer on any of your cards. Without that, this deal won’t be worth it. Once you’re registered you’ll have until June 25, 2018, to make your purchase.
Step #2: be referred to wineaccess.com by a friend
This wine website has a very generous referral program, which might explain why their pricing is a bit higher than elsewhere. Through this referral program, both the person referring and being referred get a $50 credit when a purchase of at least $150 is made.
This credit will automatically be applied to your account, just make sure you follow a referral link when you visit the website (and feel free to leave your referral link below). Also keep in mind that this means you’ll want to buy at least $250 worth of wine, since you’ll then instantly have the $50 credit applied, and that way the total is still over $200, which makes you eligible for the Amex Offer (and you’ll end up paying $140 then for $250 worth of wine).
Step #3: use a shopping portal
Online shopping portals are a great way to maximize the points you earn for online shopping. For example, the AAdvantage eShopping portal offers 6x miles per dollar spent at wineaccess.com. Otherwise there are some cash back portals that also offer a sizable return.
I value American miles at ~1.3 cents each, so that’s like a further return of ~8%.
Putting it all together
If you bought $250 worth of wine you’d pay $200, then you’d get $60 back from Amex, then you’d earn ~$15 worth of miles.
Based on my valuation, you’d end up paying $125 for $250 worth of wine. That’s a killer deal, in my opinion, assuming you value nice wine. Let me once again emphasize that this deal won’t be for everyone.
Since I have a decent understanding of champagne pricing, let me put it in those terms. Half off their champagne selection means you’re paying $24.50 per bottle for Louis Roederer Brut, $27.50 per bottle for Billecart-Salmon Brut, or $40 per bottle for Laurent-Perrier Cuvee Rose, with shipping included. You won’t find those kinds of prices anywhere else.
In terms of the order in which to do things, you’ll want to first see if you’re eligible for the Amex Offer, then create a wineaccess.com account with a referral code (so it’s linked to your account), and then when you actually make the purchase you’ll want to go through a shopping portal.
Do you plan on taking advantage of this opportunity to score a deal on wine? Any wines in particular that you consider to be a good value for (essentially) half off?
(Tip of the hat to Doctor Of Credit)