$250 Gas Gift Cards Now Sold on eBay, Max Out Bucks & Portal Bonuses

Via Moneymetagame, SVM on eBay now sells $250 physical gift cards for Exxon/Mobil, BP, and Chevron gas gift cards. These are full-price cards, but they are great for maxing out eBay spend for eBay Bucks, portal promos, or eBay gift cards.

Previously, the max denomination was $100 with a $3.95 shipping fee per card. These new cards have shipping fees of $4.95 per card, bringing down the fees from ~4% to just ~2%. That significantly changes the math for reselling purposes.

Gas gift cards also tend to hold their value on the exchanges so there isn’t much risk of devaluation; if it goes down a few percentage points, you can just wait a month or two and it will be back up.

Sample Deal Scenario

As an example, currently many of us are targeted for a bonus Bucks promo of 10% back. If you buy four $250 cards, you’ll pay $1020 and get $100 back in Bucks ($100 max per transaction and max $500 total). You can also get 2% back from the portal, or $20, bringing your final cost of the $1000 in gift cards to $900. If you sell them to an exchange for $900, you’ll break-even and rack up free credit card points in the process.

Worth it? Probably not, but there are so many ways that it can be much more profitable. For example, currently there are numerous portal bonuses which can net you 4 or 5 miles per dollar on eBay spend with Southwest, United, and AAdvantage (Delta and Alaska already expired). Also, many people have eBay Bucks which were purchased at a discount in one of many ways, and can use an opportunity like this to cash them out. Remember that there are limits to the number of gift cards which can be used per Paypal account.

[Also note that eBay recently revamped their checkout and some people are having problems applying many gift cards to their purchases. Others are having some issues checking out without gift cards as well.]

Personally, I’m holding out because I prefer using up my Bucks on Target gift cards since I shop there a lot, but it’s good to know that $250 gas cards exist. Keep it in mind for future promos/portal-bonuses/Bucks-offers/coupon-codes on eBay and run straight to these cards.

We’ll add these cards to our List of Best Options for Full-Price Gift Cards on eBay.

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Secretary Toaster
Secretary Toaster (@guest_201759)
November 24, 2015 21:28

So interestingly enough i seem to have (recently) been blacklisted by SVM. When I try to checkout I’m getting a msg “Seller will not sell to buyers that do not meet their requirements.” Honestly don’t know what would have prompted this except a few months ago I lost a couple of gift cards which they graciously canceled and re-issued. But I’ve been able to buy from them since then. Anyone know anything about this?.

joE
joE (@guest_201689)
November 24, 2015 17:51

This is a great find but good luck checking out $1000 through paypal with gift cards or not.

Jonathan
Jonathan (@guest_201735)
November 24, 2015 20:02

Not sure about $1000. However, I did check out with $750 with ebay gift cards without any issue 3 weeks ago.

Mike
Mike (@guest_201744)
November 24, 2015 20:29

Unless you need to use an eBay gift card just pay directly with your credit card. I was just able to do 4 separate orders of 4 each to totaling $4k with no problem. I did 2 orders through the AA portal to max out the bonus miles offer and the other 2 through a 2% cash back portal.

joE
joE (@guest_201752)
November 24, 2015 21:12

For us who have the Chase INK CC and want to utilize x5 points we need to use ebay GC’s for stores that don’t show up as utilities or office supply stores such as SVM so we have no choice but to use GC’s and that’s where issues will arise.

Thanks for the data points.

Mike
Mike (@guest_201761)
November 24, 2015 21:32

I’m aware of that but you said with or *without* gift cards.

Presley
Presley (@guest_201682)
November 24, 2015 17:21

Shoots. I keep seeing these deals and keep getting the targeted eBay bucks but can never take advantage of them. My paypal is 100% verified every time I try to use more than four gift cards I get an error at check out