There is an ongoing promotion on MasterCard gift card in some supermarkets: Acme, Albertsons, Cub Foods, Farm Fresh, Hornbachers, Jewel, Lucky, Shaws, Shop 'n Save, and Shoppers Food.
A $5 coupon for use in the next shopping is offered when you buy $50 or more in MasterCard gift cards.
The activation fee is $4.95 for a $50 gift card and $5.95 for an $100 gift card.
One transaction of multiple gift cards only gives one $5 coupon. Make sure you buy one gift card per transaction to maximize the coupon numbers. This promotion expires 9/11/2011.
It looks great if you need to meet some spending requirement for your cards or get more miles/points with higher bonus in the category of grocery shopping.