FlyerTalk Forums - View Single Post - Fee Free Gift Cards from Amex
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Old Jul 8, 2008 | 10:47 am
  #6  
thehawk75
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Join Date: May 2008
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Posts: 2,026
If you can't monetize them without spending them, then they just don't seem worth it.

As mentioned by someone else, you lose too much opportunity cost; cash in bank, and reward bonus for just making the purchase with the CC. I would never use them at the 'pump' because I'm grandfathered into the that nice 'Chase Cash Plus Rewards' program that gives 5% cashback at gas stations, drug stores and supermarkets.

You're likely better off buying travelers checks with your Amex at $1000 per week.

Naturally, if you find an easy way to turn these back into cash, please do share the information
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