The Offer
- Receive a statement credit of $50 when you spend $200 or more at Brooks Brothers using an American Express card that is enrolled in this American Express sync offer.
The Fine Print
- Valid until June 30th
- There is no Twitter hashtag for this offer.
Our Verdict
Physical gift cards will trigger the $50 statement credit, e gift cards will not. Let’s have a look at the break down in profit if you purchase a $200 Brooks Brother gift card:
- Purchase $200 gift card (-$200)
- Receive credit card points (at least $2)
- Receive $50 statement credit (+$50)
- Resell for 75.5% of facevalue to SaveYa (+$151)
Now a profit of $3 doesn’t really sound great, but what is interesting is that Oren’s Money Saver found out that Mr Rebates seems to be paying out on gift card purchases (even though they are excluded). They are currently offering 8% cash back which means you’d earn an extra $16 cash back which would bring your total profit to at least $19 in cash back.
Obviously there is some risk to this deal, the rate SaveYa could drop (and it likely will with so many people selling $200 gift cards), Mr Rebates could decide not to make the cash back payable and a host of other issues could crop up. Personally I think it’s worth the risk, especially if you can unload the gift cards quick enough (and even better if you have bulk rates).
