Posted by Chuck on October 8, 2018
Manufactured Spending

Published on October 8th, 2018 | by Chuck

51

[Expired] Simon Mall: Buy American Express Gift Cards with No Purchase Fee [10/8-10/21]

Deal has expired, view more Simon Mall deals here.

The Offer

Direct Link to offer (check your local Simon’s website)

  • Buy American Express gift cards at Simon Mall locations with no purchase fee.

The Fine Print

  • Limit one per transaction.
  • Offer valid 10/8/18 – 10/21/18 only on participating Gift Cards purchased at Simon Guest Services or the Mall Office, while supplies last.
  • Gift Cards cannot be redeemed as payment for featured Gift Card promotions.
  • The American Express® Simon Giftcard® can be used at U.S. merchants that accept American Express® Cards, except cruise lines and casinos. The Card cannot be used at ATMs or for recurring payments. The Card cannot be redeemed for cash, except where required by law. Funds do not expire. Additional limitations apply. The American Express® Simon Giftcard® is issued by American Express Prepaid Card Management Corporation. For more information, customer service, or Cardholder Agreement, visit simongiftcard.com, Simon Guest Services or the Mall Office.

Our Verdict

Not aware of any credit card category coding that you’ll gain by racking up spend at Simon Mall and Amex gift cards need to be spent down regularly. Only play I see here is for someone who is bumping up against a spend requirement or if you just need these to give as a gift. Not sure if the limit-1-per-transaction is enforced. Just keep in mind that it’s not a good idea to use American Express cards to purchase these

Hat tip to PointsLover on r/churning



51
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
Luis
Luis

Come on Doc, really?

William Charles

???

NinjaX
NinjaX

hes trying to say this website sucks. shut it down ASAP.

J Ro
J Ro

lol

jobin
jobin

Does’nt look like its sucks to me. Whats really an eye sore is, people venturing into places where they dont want to be and throqing mud around.

alvinroast
alvinroast

Yeah. Four years of deals has been enough for me. Who has time open a bank account or credit card for only few hundred in profit? /s

grace
grace

what the purpose of buying them?

Bill
Bill

There are a few scenarios, but since Simon is not a bonused category, unless you’re looking to meet a specific spending requirement, and are willing to hold on to the cards until you organically spend them down, the limit of a single card per transaction probably isn’t much of a limitation.
I have a couple of cards with spending bonuses right now, so I may be willing to pay $500 for a card this month if I know I can spend it down next month. Sometimes it’s nice to be done with a spending bonus, so you can focus on the next one.

Abey

Could be good to reach spend on the Amex BGR offer spend $5,000 for 20K and $10,000 for 30K which ends 10/15.

MSer
MSer

Amex doesn’t award bonus points for spend at Simon

ra
ra

Wondering if Amex Platinum $5K @ Simon gets the bonus (2.5K extra, 7.5K total MR points). I’m guessing not, but have never tried it.

Mimi
Mimi

Simon online purchases posts as GIFTCARDS which makes it easy for the RATS to deny bonus

Sa
Sa

Never bought gcs at Simon. Would it be possible to buy these with Sampay?

MickeyMouse
MickeyMouse

No it’s physical CC payment only

Dylan
Dylan

Is it possible to unload these into amex serve online? They are amex cards after all.

COBOLCODERUSEALLCAPS

I get this message when trying to add this as a cc

“Due to technical difficulties we are unable to process your request at the moment. Please try again at a later time. We apologize for the inconvenience.”

Celia
Celia

what is the downside of an Amex? I was looking at grabbing a $500 one at Sam’s for the Dosh/Freedom cashback and plan on using for organic spend like insurance.

LAG
LAG

Downside for most is no pin; therefore, credit, not debit processing = no liquidation possibility.

Only downside for organic spend would be that some merchants don’t accept AMEX.

whodidntante
whodidntante

They are not debit cards and cannot be used to purchase money orders, and never qualify for reduced fee payments for tax or other purposes. For your purposes this is fine.

Celia
Celia

Thanks LAG and whodidntante. All my Walmarts don’t allow MO with Visa gift cards so I just use the discounted Visas for organic spend. Wish I had the time to explore other avenues. Though I suppose having too much work is a blessing as well.

Gerald
Gerald

You work for a living when you could be living off CC points and bank bonuses?!

Patrick
Patrick

I left my Sams Membership expire last year and opted for Costco.
Does same have the $500 VGC’s back in stock? If yes, i can rejoin the club. Please let me know

Celia
Celia

Only up to $250 in Visa at my Club. Only Amex goes to $500.

Patrick
Patrick

Yikes………$250 with same fee as $500, not worth it……….Guess will skip Freedom 5% CB for this quarter!!!!!!

Mimi
Mimi

Not only that…their OVs are MCGC, not Visa and they’re a PITA to drain at DG/FG/grocery stores.

CtownBin
CtownBin

No need at all to skip. Just go to BJs, they sell OVs up to 500 for 4.95.

Rhea
Rhea

BJs has membership too right? How many to get. Costco Sam BJs 😩

Andrey
Andrey

5.95 for me…

Joe
Joe

You’d get better rates by just using your card to begin with, rather than organic spending VGCs.

MickeyMouse
MickeyMouse

But you get 5% at Sam’s. Say you Buy a $500 VGC that’s at least $20 Profit you’d need to have at least a 3% Category card to be able to match the profit you’re getting.

Celia
Celia

5% with Freedom and another 5% with Dosh or Yelp. That’s at least a $40 profit, so you’d need an 7-8% category card. That’s worth it to pay insurance and other expenses that don’t fall under any category spending.

Jo
Jo

Amex offer 10% statement credit on an insurance bill.

Oliver
Oliver

Only up to $20 though

Celia
Celia

Wasn’t targeted either.

DOCBJG
DOCBJG

” The Card cannot be redeemed for cash, except where required by law. ”

Is there such a place?

Steve
Steve

I don’t think these count as gift cards, but in California you can redeem gift cards valued at under $5.00 for cash.

Mimi
Mimi

I read prepaid2cash buys the prepaids BUT for stiff fees like 5% of the amount plus $1.50 fee and you’re paid in 3 to 4 business days to your bank acct. I guess this is a safeguard to make sure the seller does not drain the cards they’re selling that’s why payment is not instant.

Patrick
Patrick

PROBLEM IS, HOW/WHERE TO LIQUIDATE these AMEX Gc’S!!!!!

Sa
Sa

Easy. Put them on the counter at a Macdonalds and tell the cashier to convert them into money orders. Get a good stack so you get the most done in one trip.

… Just kidding, nobody do this. I just read something similar sometime ago.

veeRob

Please share that link!!!

NinjaX
NinjaX

this is going to be insane. geez. im gonna look the other way…

Sheng
Sheng

Could it be used on plastiq?

GL
Max B
Max B

.

William Charles

Thanks, already posted

Max B
Max B

Has anyone seen if these post as department or specialty stores for US Bank Cash+ 5% categories?

Andrey
Andrey

US Bank Cash+ specifically list all merchants that fall into their “department store” category.
That us, Saks on 5th does. Lord and Taylor doesn’t.
Go figure.

Back to Top ↑