Topcashback 5% Bonus by Selecting Payout with Amex Gift Card

Topcashback is now offering a 5% bonus on all cash back if you select to be paid in the form of an Amex gift card. You can also get a bonus for choosing an Amazon gift card, but the Amazon bonus is just 3%.

The terms indicate that the 5% offer is for a limited time only. Seems like it will continue through the month of August.

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I have $98.30 in my Topcashback account, and the system gives me the option to redeem for cash via ACH/Paypal or to get a 5% bonus by getting paid in the form of Amex or 3% in the form of Amazon.

 

The standard Topcashback offer is to get a 3% bonus in the form of an Amex gift card. Personally, 3% isn’t worth it for me since these Amex gift cards have to be spent down, but 5% is much more enticing, especially when getting a high-dollar payout.

Terms:

• You must have a U.S. address to be able to request your cashback by via Amex gift card.
• For a limited time only, there will be a 5% payout bonus, which is the highest payout bonus on the site.
• There is a $20 minimum load to the Amex gift card, and a $1,000 maximum.
• The Amex gift card does not expire but has a $3 per month service fee after 12 months if there’s still credit/balance on it – so ideally you should spend your credit within 12 months to avoid the charges. (Some states in the U.S. prohibit cards with service fees, so these ones will receive a different card with no service fee.)
• You can’t reload the card, so once you’ve spent the credit on it you simply throw it away and request another one.
• The card will arrive with the credit already on it, so you don’t need to confirm you’ve received it before it is loaded.
• The card should arrive approximately 7-10 days after you make your payout request.

 

Hat tip to Alvin