This deal is now over, make sure you follow us on Twitter so you never miss out again.
The Offer
- Receive 2% cash back when you purchase American Express Business Gift Cards through BeFrugal (if you don’t already have an account, consider using my link and we will both get $5).
The Fine Print
- Using a coupon code will invalidate cash back
- Denominations over $2,000 will not earn cash back
Our Verdict
Gone are the days of massive cash back on American Express gift cards, 2% cash back seems to be about as good as it gets (standard rate is 1.5% cash back through topcashback). If you’ve got a good way of unloading American Express gift cards, then you might as well stock up.
As always be wary of cash advance fees, especially on Citi credit cards. I typically make sure I set my cash advance limit to less than my total purchase (or just set it to zero).
Hat tip to Frequent MilerÂ
Thanks for sharing this.
You stated that “Purchases over $2,000 will not earn cash back”, but it should actually state “denominations” over $2,000 will not earn cash back. Meaning that you should be able to purchase two $2,000 gift cards in the same $4,000 purchase and still receive the cash back.
Thanks, Michael. Fixed this post to make it much clearer.
I only get 1.5%.
http://imgur.com/a3pRHdh