Taken directly from my book, “How to Coupon: One Cheap Utah Chick’s Guide to Getting Started”.
You can read the whole book by purchasing it on Amazon here.
If you’ve ever looked at a couponing site or read a couponing article, you’ve noticed the jargon. It’s confusing for anyone.
“MQ”, “blinkies”, “doubling”, “pairing”….the list goes on. So, let’s get those confusions out of the way.
The Kinds of Coupons
There are two types of coupons: store and manufacturer. Manufacturer coupons are issued by the manufacturers. This is typically printed on the coupon (usually by the expiration date), but you can also tell by looking at the barcode. If your coupon’s barcode starts with a “5” or a “9” it’s a manufacturer coupon. If it doesn’t, it’s a store coupon.
Store coupons are issued by the store — Target, Smith’s, Kroger, etc. — and they can only be redeemed there. While Target and Walmart take competitor store coupons, this is another chapter entirely.
There are a lot of terms associated with coupons from acronyms to brands. To help get you started, here are a list of common types of coupons and their definitions:
B1G1, BOGO – Buy 1, Get 1 Free
$/$$ – This is the dollar amount off when you buy a certain amount
Catalina – A coupon printed at the register after you’ve made your purchase (separate from the receipt)
Tearpad – Pads of coupons typically found hanging by a display or shelf of products in the store
IP – Internet printed coupon
MQ or MFR – Manufacturer Coupon
PG or P&G – Proctor and Gamble Insert Coupons (found on Sundays)
RP – Red Plum coupons
SS – Smart Source coupons
Peelie – A coupon found on the product that you can peel and use
Blinkie – Coupon dispensers typically found near the products that have a blinking light
eCoupon – Internet coupon that is typically loaded to a store loyalty card
MIR – Mail-in rebate
FAR – Free after rebate
Store Specific Lingo
Stores have coupon lingo too. If you’re browsing coupon blogs it’s best to know this lingo too so you know what store they’re talking about.
IVC – Instant Value Coupon (from Walgreens)
+UP – Up Rewards Program (from Rite Aid)
ECB – Extra Care Bucks (from CVS)
RR – Register Rewards (from Walgreens)
SCR – Single Check Rebate (rebates from Rite Aid)
These are terms you’ll mainly find on couponing blogs, social networks and articles.
DND5 – A coupon that states “Do not double”, but the barcode on the coupon starts with a “5”, which means the store’s system automatically doubles it for you.
OOP – Out of Pocket
Regional – A coupon that is distributed to a certain area at a certain time
WYB – When You Buy
BTFE – Box Tops for Education
UPC – Universal Product Code (found on the product)
WSL – While Supplies Last
CRT – Cash Register Tape
NED – No Expiration Date