Albertsons Companies Inc. (NYSE:ACI) is being recognized as one of the top stocks priced below $20. On September 23, the company introduced a new initiative called “for U Travel,” a travel booking service that collaborates with Expedia. This feature is embedded in the free for U loyalty program and offers customers cashback rewards for both air and non-air travel bookings.
Under this program, participants in the complimentary for U loyalty initiative can receive cashback of up to 5% that can be redeemed for grocery purchases at any Albertsons-affiliated stores, including Albertsons, Safeway, Vons, Jewel-Osco, ACME, and Shaw’s. Furthermore, members of the subscription-based FreshPass loyalty program can earn an even more lucrative cashback of up to 10%.
This cashback incentive adds extra advantages for FreshPass users, who already benefit from features like unlimited free delivery on orders exceeding $30, non-expiring reward points, and additional savings on selected private label products. This collaboration utilizes Expedia Group’s White Label Template solution.
Albertsons Companies Inc. (NYSE:ACI) plays a key role in the food and drug retail sector within the United States. The company’s stores offer a wide range of products including groceries, general merchandise, health and beauty items, pharmacy services, fuel, and various other goods and services.
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Disclosure: None. This article was originally published on Insider Monkey.