$20 Moneymaker with 76 Gas Gift Cards on eBay & More Ideas

Moneymakers

Earlier today, we posted about numerous gift card deals available on eBay. The Toys R Us, Overstock, and Kmart sold out, but there are still a number of great deals available.

In terms of moneymakers by reselling the gift cards – most of the options weren’t easy or good, unless you sweeten it by purchasing eBay gift cards at a discount first. Many of the deals are for e-gift cards which are harder to liquidate. Even those who sell to Saveya won’t be able to take advantage of the Staples deal since Saveya only accepts physical Staples gift cards.

76 Gas Cards

One easy moneymaker is the 76 Gas gift cards. You can buy $100 card for $90, or three cards for $270. These cards can be resold currently to Cardpool or Cardcash for 92% of their value or $276.

• Pay $270 for the three gift cards
• Sell for $276
• Get 1.1% from the portal, or $2.97
• Get 2% in eBay Bucks, or $5.40
• Get at least 2% in value from your credit card, or $5.40
• Profit: $19.77

Almost $20 profit on the deal. Not bad! (We should maybe count the $2.04 charge it costs to ship the cards out which will bring down the profit.)

Notes about payment:

• SVM does not get 5x rewards with INK.
• Be sure to use up any eBay Bucks you have on the purchase.
• Maximize the deal by paying with eBay gift cards purchased at a discount. 

You can also try going through a shopping portal when selling the gift cards to Cardpool for an extra 4% or $12 back, but you likely won’t get that money since the portal doesn’t usually track properly. Definitely doesn’t hurt to try, though.

Risks with Buying 76 Cards

The reason we focus on this deal, in particular, is because there’s isn’t that much risk involved. Gas gift cards tend to hold their value well. While I expect some sort of devaluation due to this ongoing deal, it will likely jump back to where it was before or close to it within weeks. (My friend Chasingthepoints told me that when there was an Exxon deal on eBay and the prices plummeted, they were back up to their old value within weeks. 76 may not be as strong as Exxon, but still…) Also, since it’s a gas gift card, many people would be able to use it up themselves as a backup. For these reasons, it’s not as risky as some of the other ideas we’ll mention below.

Other Ideas

Cabela’s

The Cabela’s deal is likewise interesting since it can be resold for 81% and it’s on sale for 80%. The main issue here is the risk of devaluation. Most stores tend to devalue more than gas which is why this deal is riskier.

• Pay $200 for $250 in Cabela’s gift cards
• Sell for $202.50
• Get $4 back in Bucks
• Get $2.20 back from the portal
• Get $4 back from your credit card
• Profit: $12.70

This is a physical gift card deal so Paypal lets these through easier. If you didn’t have success with Paypal on the e-gift cards, you can still try this one.

Gamestop

Assuming these come through as a single $60 card (the was it works with Sephora), you can sell the entire $60 value to Saveya.  You’ll just about break-even on the resale of these and you’ll profit the Bucks, portal, etc. Nice deal!

If they come through as two separate cards, you’ll have to sell the $50 to Saveya and the $10 card at to Cardcash for 78% of its value. (My assumption is that the $10 bonus code functions like an ordinary gift card.)

I’ll update if I try this out. Or, rather, if Paypal lets me try this out… [UPDATE: It’s been confirmed that these come as one single card.]

Sephora

After counting Bucks and portal it’s just about break-even resale, if Saveya works for you. These come in as one $60 gift cards (confirmed by a reader to this post) and the $60 card can be sold to Saveya.

Jiffy Lube

Close to break-even after Bucks and portal.

Others

Other interesting deals: Staples is interesting of course. Hyatt is interesting for travelers. iTunes some may find useful to actually use.