The Offer
There’s a new offer from Amex showing in all Amex logins:
- Spend $200 at neimanmarcus.com with an enrolled card and get a $50 statement credit
The Fine Print
- Valid through 3/16/17
- Valid online only
- Not valid on purchases shipped outside of the US
- Excludes NM Last Call website and stores
Our Verdict
The terms don’t exclude gift cards which makes this is one of those easy reselling moneymakers. Neiman gift cards can be resold for around 83% of their value.
Added to that, there have been many successes with the portal on NM gift card purchases. Be aware that the portal terms always exclude gift cards so consider the portal an added bonus if it comes through.
Given the current rates, you’d net $16 per Amex card + the portal if it comes through.
Keep in mind that the resell rates on these cards will likely tank since this offer is available to all, and it’s more than likely that you won’t actually get 83% by the time your cards come.
Also note that physically shipped gift cards have a shipping fee of $5 per card. E-cards ship free but might be harder to sell on some exchanges.
Check out these Things to Know about Amex Offers.
Update: Shopping portals are now clawing back portals earnings so the portal angle is out.
