Hurry to snag a $50 Adidas gift card for just $40

SAVE 20%: A $50 Adidas e-gift card is on sale at Adidas for only $40. That's a 20% discount that saves $10 per $50 gift card.

Fall and back to school season is the perfect time for a closet refresh. Those running shoes have probably seen enough miles, and who couldn't use a new cozy sweatshirt for cooler weather? For decades, Adidas has been a one-stop retailer for a closet refresh and if you're a fan of the brand, there's a great deal in store today.

Until Aug. 27 at 11:59p.m. PT, a $50 Adidas e-gift card is on sale at Adidas for just $40. That boils down a free $10, taking 20% off the standard gift card price. Adidas has set a limit of five gift cards per transaction, which means you can get $250 worth of Adidas e-gift cards for $200.

This deal also applies to e-gift cards sent to another recipient other than yourself as well as physical gift cards. Adidas offers e-gifts sent to recipient other than yourself to be scheduled for later delivery which means you could snag $50 Adidas gift cards for your entire holiday shopping list and scheudle them for December delivery.

The e-gift cards will land in your email inbox two hours after your purchase. After that, you can apply the gift card to a purchase from adidas.com to snag new shoes, socks, workout clothes, and even get ready for chilly winter weather with a new puffer coat.

If you're a fan of Adidas gear, this is a great deal to jump since it's essentially free money. You'll spend just $40 for each $50 gift card you buy. In this economy, free is hard to come by so jump on this offer before it expires on Aug. 27.