![]() ![]() If we wanted to do more work, we could constantly cancel and resubscribe with new promotions, but that’s more work than we want to do right now. My wife does have a subscription that she pays full price for because she goes past a Panera Bread on her way to work. When I do, it’s always because they’re offering some promotion. The Panera Bread locations aren’t that convenient for me, so most of the time, I don’t have an active subscription. And when you cancel your subscription, you can usually sign up again with whatever promotional offers they have. If you cancel your subscription, they’ll usually offer you a few months at a discounted rate too. You can almost always get 1 or 2 months free when you first sign up and depending on the promotions they’re running, you can sometimes get 3 or more months for free. Panera Bread is also constantly running promotions where you can get free or discounted months. You just go onto the website and cancel your subscription with a few clicks. That means if your circumstances change or you find that it’s not worthwhile for you anymore, you can cancel it. The nice thing about the Panera Bread subscription is that it’s paid month-to-month. Technically, you’re limited to a free drink every 2 hours, but in practice, once you have the cup, you can keep refilling it and no one is going to stop you. No purchase is required – just walk in, give them your phone number, and get your drink. For about $12 per month, you can go into any Panera Bread and get any size coffee, tea, lemonade, or fountain drink for free. So, a bit of background as to what the Panera Bread Sip Club is. ![]() So is this the solution to the Latte Factor issue – a way to get our daily coffee and not feel guilty about it? I think it very well might be. Get the subscription, get your coffee every day – multiple times per day if you want – and do it without any guilt. Say what you will about the Latte Factor, but it’s true that if you save and invest relatively small amounts of money consistently over a long period of time, it adds up.Ī Panera Bread Sip Club subscription seems to solve this Latte Factor problem. ![]() I think of them as helpful in understanding the power of consistency and compounding. That being said, I’m actually not against what these articles are saying. There’s been a lot of valid criticisms of these types of articles in recent years, specifically about how they mask the real issues millennials and others in my generation face – low wages, high housing costs, and unaffordable healthcare and education costs. Articles with titles like, “ Here’s How Giving Up Coffee Can Make You Rich” or “ If You Waste Money On Coffee, It’s Like Peeing $1 Million Down The Drain.” If you spend any time reading personal finance content, you’re going to see articles from big personal finance gurus with outlandish headlines. Many of us like spending money on our morning coffee (or whatever gets you going), but there’s often a feeling of guilt that comes with doing that. What makes this subscription useful is that it solves a pain point for a lot of people. Considering how many Panera Breads there are in the United States (over 2,000 of them), there’s a good chance you have one relatively close to you. For a low monthly fee, you get unlimited coffee, tea, lemonade, and fountain drinks at any Panera Bread in the country. If you want to remain a member of Unlimited Sip Club, your card will be charged $11.99 per month for unlimited drinks thereafter.The Panera Bread Sip Club is an interesting subscription service that my family has used over the past year or so. You'll pay nothing if you cancel by July 4. This Panera offer is, essentially, a free trial of Unlimited Sip Club. ![]() Membership also includes free delivery for the month of June, so you won't even need to visit Panera to get your summer drink fix. Membership doesn't include bottled drinks, either. Note that Unlimited Sip Club doesn't include frozen drinks or fancy crafted coffee beverages - and there's an upcharge if you want to add a shot of espresso or flavor syrup. You can read the full list of included beverages below. Just add an eligible beverage and it'll be deducted at checkout. Once you're signed up through MyPanera, you can redeem the offer in store, at and through the Panera app. (That's right - this offer expires today.) Sign up for a subscription to the Unlimited Sip Club today, May 18, and you'll get free drinks from now through July 4. Want to enjoy unlimited iced coffees, lemonades and fountain drinks this summer? Then you'll want to check out this crazy deal from Panera Bread. Promotions are subject to availability and retailer terms. We may receive commissions from some links to products on this page. CBS Essentials is created independently of the CBS News editorial staff. ![]()
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