Published on March 11th, 2020 | by Chuck410
[Extended Indefinitely] Simon Mall Will Sell $1,000 Visa Gift Cards With $3.95 Activation Fee
Update 3/11/20: Some locations are out of stock currently. This is a supply issue and Simon Mall are not discontinuing this cards currently. Supply is expected to return by late April early May. Hat tip to FM
Update 12/26/19: This has now been extended indefinitely. Hat tip to FM
Update 10/22/19: This has been extended until December 31st, 2019. Hat tip to FM
[Update 8/21/19: Reader JuicyJosh and reader Matt report that Simon Corporate just sent out a blast to customers that they’ve decided to extend this through October 31. (I see now Frequentmiler reporting the same.)]
[Update 8/1/19: Frequentmiler reports this has been extended through August 31. I wouldn’t be surprised if it becomes a long-term thing.]
Simon Mall regulars are being informed by their Simon contact that $1,000 Visa gift cards will be available from July 17th through August 4th. Activation fee will be the standard $3.95 per card. It appears this will be an in-store deal for purchase at physical Simon locations.
These gift cards will be available to all consumers (ht reader Mickeymouse). Just tell them you want to purchase the $1k card for manufacture spend purposes, and they should let you purchase up to $10,000 worth. (Limits go up to $25k for regular volume buyers.)
We wrote last month of a rumor that Simon would begin selling $1,000 Visa gift cards online to churners. Not clear if this temporary offer is what was being rumored there. (That rumor referenced an online offer while this deal seems like it’s for in-mall purchase.) Likely, Simon is exploring the idea of making $1k gift cards more widely available, and offering this temporary offer to get more data on how it’ll pan out.
Update, Note: Multiple data points indicate that Amex no longer issues points for Simon Mall gift card purchases (1, 2). Certainly don’t use Simon to meet a minimum spend on an Amex card. Also, do not hide that you are Manufactured Spending, it’ll only make things more difficult. They know about it and are okay with it.