The Offer
- Purchase Amex Business gift cards through the Topcashback portal and receive 2.25% back from the portal. Today May 5, 2015 only.
You can buy Business gift cards even if you don’t have a business and you can pay with a personal (non-business) credit card.
The Fine Print
- DO NOT use any promo codes as they will invalidate any Cashback via the portal.
- DO NOT purchase any denominations above $2,000 as they will NOT earn Cashback. You can purchase more than one card per transaction, e.g. you can order five $2,000 cards and get the portal cashback on the entire purchase.
- Not worth paying with a Citi credit card since there may be a cash advance fee.
- 2.25% Cashback is on Business Gift card only, personal gift cards will get the standard 1.5%.
Our Verdict
These 2% offers are coming often recently, though 2.25% is still slightly more and is worth considering.
What’s especially interesting is that just today Amex released a new offer of $10 off $200 for the purchase of Amex gift cards using a registered Amex card. We wrote various options of maximizing that offer and one of them is to use a portal to help offset some of the shipping/purchase fees that Amex charges. More details in our previous post here.
HT: FrequentMiler
View Comments (9)
Use these amex gift cards to go to OM or OD and buy discounted visa gift cards. Done.
Good idea!
So... I ordered a $2K card and now will have no way to liquidate it now that my RedBird will be useless. Any tips?
Buy Visa Gift cards with it, get Amex for Target, or pay taxes at a 1.87% fee.
AfT is also victim apparently http://frequentmiler.boardingarea.com/2015/05/05/confirmed-redbird-credit-card-loads-will-not-be-allowed-as-of-may-6-2015/
I get that the VGCs are easier to use but I'd still have to liquidate them... So I guess it's back to Serve?
Should still be able to use Redcard for that.
My AGC purchase via TCB from Apr 22 doesn't even show a purchase amount yet. Should I be worried that this didn't track properly or is it normal that this takes so long?
With TCB I'd be worried. I don't recall AGC in particular, but they are generally very fast. Maybe worth filing a claim already.