RadioShack offers flexibility in rebate program

FORT WORTH, Texas RadioShack announced that customers who make a minimum purchase of $50 using their stimulus or tax refund checks at the retailer's stores between May 4 and July 12 will receive a 10% discount. The company said that customers will not be required to commit the entire amount of their federal stimulus or IRS refund checks to the consumer electronics retailer. Any remaining unspent balance will be placed on a Vision Silver(SM) Prepaid MasterCard card that can be used wherever MasterCard cards are accepted.

"What's unique about RadioShack's offer is that we are giving our customers 10% off their favorite electronics with a small minimum purchase amount while allowing them to convert the unspent balance of their checks into prepaid cards for spending at a later time or place," said Peter Whitsett, evp of merchandising for RadioShack. "While we would certainly love for them to spend everything at RadioShack, we understand other obligations may be necessary. Fortunately, our offer gives them the best of both worlds: save upfront on their consumer electronics purchase and save the rest of the money for a later date. This is the kind of personalized solution that keeps our customers' best interests at heart."