Here is a list of all of the coupon lingo that you might see and hear in the coupon world or even in your grocery stores.
Coupon: a ticket or document that can be exchanged for a financial discount or rebate when purchasing a product.
$1.00/1, $2.00/1, etc…: One dollar off one product, two dollars off one product, etc…. You need to buy the product listed in order to get the dollar amount off that is shown.
$1.00/2, $2.00/2, etc…: One dollar off two products, two dollars off two products, etc…. You must buy 2 items to receive the savings. You cannot redeem the coupon on one product for half the value.
BOGO, B1G1, B1G2F: different ways to say “Buy One Get One Free” or “Buy 1 Get 2 Free”
Blinkie: Often times you will find a little machine hanging on the shelf in the supermarket aisles that dispenses coupons. These are called Blinkies because the machine usually has a little red blinking light on it. Manufacturer blinkie coupons may be redeemed at any store, not necessarily the store in which you found them.
Catalina or CAT: Catalina coupons are printed out with your receipt at the checkout. Catalina coupons refer to the coupons themselves which may be manufacturer or store coupons. Some Catalina coupons are advertised and some are generated based on consumer behavior. If you store typically doubles coupons, typically it excludes Catalinas.
Coupon Insert: Coupon circulars inserted into Sunday newspapers amongst the other advertisements. There can be up to 3 different kinds of inserts found in your Sunday paper. They are:
- SS: The SmartSource insert. Smart Source coupon inserts and website feature coupons from a variety of manufacturers.
- RP: the RedPlum Insert. Red Plum coupon inserts and website feature coupons from a variety of manufacturers.
- P&G: Proctor and Gamble which is a manufacture of a wide range of consumer goods like Tide, Pampers, Bounty, dawn, Crest and are one of the largest corporations in the world. This comes out once a month.
CRT: Cash Register Tape. CRTs are printed at the bottom of your receipt or on the back of your receipt and are generated based on your purchasing history. CRTs are specific to the store where they were printed.
Double Coupons: Select stores always double coupons up to a certain value. Some are up to $.50 and some are more. Each store varies so check out the store’s personal coupon policy.
eCoupons: Electronic coupons that may be downloaded onto your store loyalty card and your savings will be deducted automatically when you swipe your card at checkout.
ECB: ExtraCare Buck which is CVS pharmacy’s savings program.
EXP: Refers to the expiration date
IVC: Instant Value Coupon. IVCs are store coupons found in the weekly Walgreens ad. IVCs may be stacked with a manufacturer coupon.
MIR: Mail in Rebate, refers to rebates which must be submitted by mail. These are the traditional rebates that require you to mail in both your receipt and proof of purchase in the form of UPC barcodes.
MFR or Manufacturer: The company who produces the brand items:
Manufacturer Coupon: A coupon created by the manufacturer or by a marketing company on the manufacturer’s behalf. The manufacturer offers a discount to shoppers in order to get them to buy their product.
OYNO: On Your Next Order. Store promos such as Spend $25, save $10 on your next shopping order. OYNO refers to savings that you will not see on your first transaction, but that may be applied to your next purchase.
One Coupon per Purchase: Refers to your ability to use one coupon per item for that order.
One Coupon per Transaction: Limits you to only using one of that certain coupon per transaction. You may request to do separate transactions.
Peelies: these are coupons that you can often find stuck to the product itself.
Raincheck: A Rain Check is a written slip from a store entitling you to purchase an item at a later date for the sale price because the item is currently out of stock.
Rebate: A rebate is a refund of part or all of the amount paid.
Stacking: Stacking typically refers to using any two promotions together. When a coupon coincides with a promotion, we say “stack the coupon with the sale or promotion”, so it’s like getting a double deal.
Stacking Coupons: Stacking coupons is when you use both a store coupon and a manufacturer coupon on one product. Nearly all stores will allow you to “stack”. Only one manufacturer coupon may be used per item.
Stockpile: A stockpile refers to your stash or storage of grocery items.
Store Coupon: A coupon created by the store to entice you to buy a certain product at their store.
Tearpad: Tearpads are a pad of couons need a product display where you can tear off a coupon to use.
Next Step: Know your store’s coupon policy.