Posted by William Charles on November 22, 2016
Manufactured Spending

Published on November 22nd, 2016 | by William Charles

32

[Sold out] $5 Off Visa Gift Cards At Giftcardmall

This deal has sold out, make sure to follow us on Twitter so you don’t miss out on any deals.

The Offer

  • Receive a discount of $5 on Visa gift cards from GiftCardMall.com when you use the promo code 5OFF

giftcardmall-5-off

 

The Fine Print

  • Promo code 5OFF is valid on Visa Gift Cards from GiftCardMall.com through 11/27/16, up to a maximum of 12,000 Visa card units.
  • Store and eGift Cards are not a part of this promotion.
  • Savings are applied to the card fee.
  • Visa Gift Cards may be used wherever Visa debit cards are accepted.
  • Visa Gift Cards are issued pursuant to a license from Visa U.S.A. Inc. and MetaBank, Member FDIC.

Our Verdict

Topcashback & SimplyBestCoupons (my referral link) are both offering 1.25% cash back on Visa gift cards purchases, previous deals have tracked correctly even when using a promo code.

Here is what the math on a $500 gift card looks like:

  • Purchase $500 gift card with $5.95 fee using $5 off coupon (-$500.95)
  • Receive 1.25% cash back (+$6.25)
  • Receive any credit card rewards points you’d normally earn

You’re basically getting negative cost gift cards. Two things to keep in mind:

  • GiftCardMall has a history of cancelling orders for no real reason
  • All of their Visa gift cards are now issued by MetaBank and should come with a PIN (previously they also had cards from Sunrise that didn’t come with PINs).

This is limited to 13,000 cards, so I suspect it will sell out quite quickly.

Hat tip to Travel With Grant for letting me know via e-mail

 



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paul
paul

Do they sell Five Backs?

daxihe
daxihe

They sell, but 5OFF doesn’t work on Five Backs.

paul
paul

Can’t find in search function. Any tips?

S
S

DP: I found that ordering 1 prob might qualify for their standard shipping, but I ended up ordering 4 and it required shipping with signature ($10.95 min). My logic was that the fees they would’ve charged for the cards anyway would have negated shipping and I would get 2 more cards at cost.

It helps with the shopping portal, so the portal ate the remaining cost.. so I’ll make a small profit should I find a way to liquidate with MO, if not, it’ll cover Plastiq fees. Sorta win, lol.

Ordered 4 as it’s typical $2000 limit and it’s not too often you get near at-cost VGCs.

fathiss
fathiss

Same message here but no pending charge on cc.

S
S

Same, I was going to put in another order on a different card but will prob hold off. I don’t want the current order to be flagged/cancelled. :/

daxihe
daxihe

“This transaction was not completed. The transaction was not submitted correctly, or has been declined by your card issuer. You can try again with a different card or review your payment information for any necessary corrections.” but a pending charge is already on my card. No idea why.

dan
dan

meant that GCM banned the acct for whatever reasons; calling & talking with their risk dept. proved fruitless

Paul
Paul

This is so annoying! People are trying to spend money with your business. Why make it so difficult GCM?

CtownBin
CtownBin

Can I use AMEX GC to pay for this?

blue9
blue9

DoC, I think your post brought down the GCM website 🙂

Justin
Justin

Geez – they cancelled my order even after a charge was placed on my VISA. GCM is the worst. Back to GC.com

Justin
Justin

It was funny bc I was placing a second order (first went through fine) and got the same message that was posted above, thinking they declined my card. So I called Fidelity and they were like, “No there are no blocks on your account..” Weird I thought. So I went back to replace the order and this one was declined. Then got the email saying the first order (which was on my pending trans) got declined. Ridiculous lol

smbayguy
smbayguy

I had 2 orders which went and yet not canceled.

Joshie
Joshie

What are datapoints are the $2 giftcards.com coupon for tracking cashback? Don’t want to risk CB if they deny with with the coupon

tom c
tom c

I can’t find a place to enter the promo code. Is it dead?

tom c
tom c

Never mind. I found it.

rahul
rahul

Already dead, code does not work

JASON
JASON

works for me

Lenny Williams

GiftCardMall is featuring 2% back on TopCashBack but it doesn’t say whether VCG’s count for this 2% – any data?

Joseph
Joseph

Yeah Top Cash Back just tracked for me and I got 2% instead of 1.25% and it actually showed the price before the promo which is 20 dollars more. This means I got 40 dollars off, I used my Citi DC, so I got 4% off on this in total. I really only paid $1999.8 which made the order under 2k so I got free shipping.

When everything clears I made 80 bucks, thanks William, Travel With Grant, GCM, TCB, Mom, Dad, God 🙂

JASON
JASON

Hello DOC, I confirm that Giving Assistant actually mis-calculated their cash back rate at 2%. It should be just 1.25% for Visa GC. I got their cash back on my order on two months ago via paypal, they even added the fees when calculating the cash back so it is (500+5.95)*2%=$10.12. So this time, I’m going to use GA portal again. I’m paying with Citi Double Cash so it’s going to be 4% total for me, free shipping.

My buying experience:
I have bought 3 Visa GCs + 1 restaurant card since August, each time only one card because I previously read all those massive decline/account closure feedbacks on any posts related to giftcardmall.com here. Also, it appears to me that if I want to pay with another of my credit card, their system just reject that. I have my double cash card saved there, not sure if that’s the reason. But anyway they limit me to only use one credit card for payment. And I want to warn others that try NOT to place more than 2 cards (or maybe that depends on value instead of number of VGC). It looks to me that they have pre-set values into their check-out system so if your buying behavior looks like MS, they can cancel your order and/or your account. Think about this, it does not make too much sense for one to buy 4 cards at $500 each at a time, if for personal use, so their system will flag such transaction. I really want to know if reader “S” from above can have the orders processed without any problem. I myself prefer to play it safe.

And also regarding using it on plastiq, I previously used one VGC but got declined. That was after they announced that they had problem on VISA. I did leave a feedback saying that VGC prepaid card might not work with plastiq any more. Not sure if that has been fixed already.

JASON
JASON

Confirmed Yazing & GiveAssistant both give 2% on total price paid on visa physical gift card sold on GiftCardMall

PG
PG

GCM sure sucks. Just wasted 15 min. trying to get an order to go through, banging my head on a wall again.

anthonyjh21
anthonyjh21

Does anyone have any data points on cash advance? I thought I read somewhere about GCM and getting dinged by CA.

Susan
Susan

Trying just to buy one $500 visa via GCM on a relatively new Sapphire card (after going through topcashback portal for 1.25% ). (I’d had two such transactions go through via giftcards.com last month — no problems, and tcb was good.) In this case, gift card mall web site appeared to not be taking transactions most of last night, then was functional again before dawn. BUT, after going through all the steps, transaction(s) reversed within seconds of placing the order.

Calls up Chase sapphire — and nope, they didn’t cause the problem. Appears then I’m hit with the dreaded “GiftCardMall has a history of cancelling orders for no real reason.”

Do I have any recourse? What # exactly do I call at GCM? The number I tried is apparently only if you have a card already….

Susan
Susan

It gets even more bizarre. I tried using their email a question link, then typed in my question, then even though I just took the time to type in a detailed inquiry, I get an error message indicating “message required” (!!!) madness.

My guess is they don’t want to honor any more transactions with the $5 off — so they’ve just shut down for the day. Not impressed.

Chuck

I don’t know. Personally, I gave up completely on GCM long ago.

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