Posted by William Charles on April 3, 2017
Manufactured Spending

Published on April 3rd, 2017 | by William Charles

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#AmexGift: $10 Off $200 on Amex Gift Cards ~$11 Profit Per Card

The Offer

Direct link to offer, for the lazy click here to easily retweet our tweet

  • Use an enrolled card to spend $200 or more on American Express gift cards and receive a $10 statement credit

amex gift cards

The Fine Print

  • Valid until July 31st, 2017
  • Offer valid online only at www.americanexpress.com/gift

Our Verdict

Let’s take a quick look at the fees:

  • Shipping fee of $8.95, but if you have the premium shipping plan with Amex, the shipping is free.
  • Purchase fee of $3.95. 

You can waive one of these fees with a promo code, if you don’t have the premium shipping then you’ll want to waive the shipping. Codes are:

  • MAR17FEE (should work until 4/30) for non activation fee
  • FREESHP17A (should work until 6/30) for no shipping fee

This should also stack with 1.5% cash back through Topcashback (our review here). Let’s take a look at your profit:

  • $10 from American Express offer
  • Maximum fees of $3.95
  • ~$2 in credit card rewards
  • ~$3 in portal rewards

You should make about $11 profit per card that is enrolled in this offer, obviously the downside is actually getting rid of these cards but it’s still a return of 5.5% so even if you use them for everyday spend you’re doing well.

View more Amex offers here & if you have any questions abut American Express offers then read this post.



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ted
ted

Thanks DoC. Two questions for you: How do you sign up for the 90-day free premium shipping trial? Do Amex personalized gift cards work for this offer because I have seen shipping options as low as 2$ in case they no longer offer the free premium shipping trial

Superchurn
Superchurn

Done! Here’s hoping…

H
H

To use Amex offer I have the use the specific card to pay. There’s NO 2% card from AMEX (I don’t think you can even use non Amex card to purchase their GC)

Jim
Jim

You can use a non amex card, but you’re right, you’d then forgo the amex deal which makes this even close to profitable.

Andrey
Andrey

Does such a purchase count towards minimum spend on a newly opened card? Technically it’s a cash equivalent which means no, but it’s issued by and profits amex, does it change anything?

Dee
Dee

^^^
this….

I’d like to know this as well..hoping someone here can clarify

ArchieDiacono
ArchieDiacono

Yep, it will count. People buy these all the time to meet min. spend.

Josh m
Josh m

I’m fairly certain that last time I used this offer for minimum spend it counted.

mark
mark

Same question. Would love to know.

Rene
Rene

From general experience with those bonuses the purchase amount reduced by the offer credit counts: e.g. if you’d go for a $200 gift card, $190 would count towards your spending limit.

SuddenValley
SuddenValley

The top cashback link indicates it has to be $200 or less. How strictly is this enforced? If I buy a 1k gift card there’s zero chance I’ll get the TCB return, right?

Chuck

AFAIK, it was always enforced since it went into effect a couple years ago.

SuddenValley
SuddenValley

Awesome, thanks for the info. I’m planning on getting a 2k AGC so I guess I won’t bother with the TCB portal.

Josh M
Josh M

if you split it up and do one a day you will still get the payout.

joe
joe

how do you get a free trial?

Chuck

You’ll see it when you signup.

joe
joe

you see this if you pick the $99 option? or it shows while you’re checking out? cause I don’t see the option of getting a free trial…

Jerry M
Jerry M

There is no such option available.

Chuck

I see, I guess they stopped the free 90 day trial.

Jimmy
Jimmy

I too cannot seem to find the free shipping trial offer.

Mike
Mike

Wouldn’t using the free shipping code disqualify you from the portal credit? I don’t see the code listed on TCB.

Chuck
P
P

Am I right in assuming that these purchases count towards minimum spending on non-MR cards?

P
P

Never mind. Just realized. It’s useless to me since Amex does not ship these gift cards to Hawaii 😭

Eric
Eric

Why did you specify “non-MR cards”? Why would they be treated differently than CB cards from Amex?

Eric
Eric

I meant to write why would non-MR and MR cards be treated differently for this purpose.

P
P

The shouldn’t be because the terms Amex has in place for the cards are the same with respect to meeting minimum spend. But I don’t even want to consider buying gift cards or cash equivalents for the MR cards since Amex has been imposing the terms on those and clawing back points or feeeZing accounts. Whereas I haven’t heard the same for non MR cards.

MontyFC
MontyFC

The portal cashback is invalid when a promo code is used. In the example cited, if you are discounting the shipping fees (using a promo code I assume), then you should remove the portal cashback as well. So the profit should be around 8 bucks.

Eric
Eric

Have any of you purchased an Amex GC through the SYWE site? If so, did it track automatically? If that works it could be a good choice when the next 15% back on up to $50 comes around.

estey
estey

Math-wise, I would include the opportunity cost of buying/paying for $200 worth of stuff on any card you’d like, given that you can’t liquidate AMEX except by making purchases.

Since a 2% cashback card is relatively ubiquitous, that would mean it is $4 less. The math would be $11 – $4 = $7 net profit.

mrkenneth
mrkenneth

How about buying a $198 personalized gift card? With the purchase fee waived by MAR17FEE, the shipping fee is only $2 for a total of $200. $1.95 in extra profit. 🙂

Eric
Eric

Does the personalized gc usually work for tracking on the portals? I’m thinking of trying it for the current SYW promo.

Is it confirmed that Amex no longer offers the free 90 day trial for premium shipping?

goodguys21
goodguys21

if you order $198 personalized it wont trigger amex credit i guess

Eric
Eric

It should trigger it as the shipping charge is $2 making it a $200 charge to your Amex.

The question is whether or not the personalized gc tracks to portals as it didn’t the last time I tried 1 or 2 years ago.

Larry
Larry

Thanks for the idea on the personalized GC. I haven’t checked out yet but it does seem to work with WEB171 no purchase fee promo code, and only $2 shipping.

I bought several $200 non-personalized GCs earlier this week for $203.95 each with a free shipping code. Couldn’t find any way to get a 90 day free trial. TCB hasn’t posted any CB yet after a few days. I’ve received the orders already and was having some buyers remorse about “only” netting ~3% CB plus the 1% or 1 SPG point.

The extra $1.95 cost “profit” works for me even if it is only 1%. To not get overwhelmed, I’ve really been trying to limit my MS or maximizing my spending rewards to methods that net me closer to 5%+ instead of just a couple percent.

PG
PG

Just tried it- nice one for an extra $2. Since the free shipping code doesn’t seem to be working this is especially nice. Got an email immediately from Amex that I had used my offer. (FYI, I value SPG points a lot higher than that for actual hotel stays.)

Larry
Larry

Me too for SPG. I should have been clearer that the 1% refers to my several Amex Blue Cash or BBVA Amex cards that only earn 1% non-bonused spend.

goodguys21
goodguys21

My Amex gift card order gets denied recently without any reason. (I ordered 200 x 5 without issues). 6 th order onwards its getting denied. Does any one know limits how much they will allow in a month

PG
PG

I find Amex’s gift card site to be so incredibly glitchy. I’ve never been able to log in to my account successfully. Only ever been able to make an order as a guest. Sure would be convenient to be able to purchase gift cards after logging in to their own system…

Even purchasing as a guest is hit or miss. Managed to make 5 orders a few days ago, successfully using FREESHP17A. Now that code isn’t working for me, even though it is now supposed to be valid through Sept.

Sometimes I wonder why I continue to spend time on deals like this, when they make it so hard…

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