$175K Collingswood Cash Sale Saturday Morning

It's that time of year again, Collingswood shoppers.

A week ahead of Black Friday, Small Business Saturday, and...whatever nickname is being given to Thanksgiving Day shopping events...the borough Business Improvement District is greasing the wheels for local shopaholics with an infusion of Collingswood Cash.

The town-wide gift certificate sale kicks off at 9 a.m., when shoppers will earn an extra $20 gift certificate for every $50 in Collingswood Cash purchased.

"The Borough will sell $125,00 worth of Collingswood Cash and give away $50,000," according to a press release. "Shoppers that buy a max of $400 during the promotion receive a bonus $160 to spend in town."

Now in its sixth year, borough officials estimate the promotion will crest above $1 million in dollars generated for the local economy.

"With this year’s anticipated sale, it means we’ve sold $750,000 and given away $280,000" for a total of $1.03 million, said Cassandra Duffey, Collingswood Director of Community Development.

That excludes face-value sales of Collingswood Cash year-round, which help add an infusion of cash when the bonus money—which expires in March 2014—is gone, Duffey said.

Holiday Cash promotion restrictions:

• The $20 Bonus Certificate has no cash value and expires on March 31, 2014
• There is a $400 limit per person on the purchase.
• Purchasers must 18 years or older to receive Bonus Cash.
• Purchase can be made by cash or credit card (a convenience fee of $4 on every $100 purchase will be added to the sale). Personal checks are not accepted. NOTE: Banks only accept cash for purchases.
• $20 Bonus only comes with the sale of a $50 Certificate. The $50 certificate cannot be broken down into small denominations either at the time of purchase or after the purchase.
• Collingswood Cash cannot be used to purchase gift cards for out-of-town businesses at WaWa or Rite Aid.
• Change back from Collingswood Cash is at the discretion of the individual businesses. Businesses may issue a store credit for larger amounts.

Certificates are available in increments of $5, $10, $25 and $50. Cash is available for purchase at:

• Collingswood Borough Hall, 678 Haddon Ave. 856-854-0720
• 1st Colonial National Bank, 1040 Haddon Ave. 856-858-1100
• Sun National Bank, 627 Haddon Ave. 856-858-1776

For more information, call Collingswood Partners, Inc. at 856-858-9275.