There is a current promotion going on with Sears and $50 Visa Gift cards. It goes like this:
"Buy 2 $50 Visa Gift Cards, get $10 in a Sears Gift Card. Plus Shop Your Way members get $2 back in points".
Some of the criteria yall might want to know:
- 4.95 Fee Per Card
- Promotion is valid from 11/3/13 - 11/16/13
- Gift card is only valid from 11/17/2013-11/30/2013
- Visa Gift card is issued by University National Bank
- I loaded many of these to BB at WM by setting a pin and swiping as Debit
- $2 in "points" did not post immediately, but the fine print said they would post within 30 Days
What makes this deal lucrative?
- Chase Freedom 5x at Sears this Quarter (Great way to max out the $1500)
- Plink at Sears
- $2 in Shop Your Way points
- You can buy gift cards with gift cards at Sears
- Bonus Points: Chase Ink Card, UR Portal, HIGC at OD
Math of Deal:
Basic Deal:
- $109.90 on Chase Freedom nets 549.5 UR Points
- $10 back at Sears in gift card form
- $2 in points at Sears (not redeemable for gift cards)
- 300 Plink Points (not sure of value)
Buy 10 Cards (In 5 Transactions)
- Earn 2747 UR Points
- Get a $50 Sears Gift Card Back
- Get $10 in Shop Your Way points
- Get 1500 Plink Points (not sure of value of this)
After 11/17/13, take the $50 gift card back to Sears and buy another $50 Visa Gift Card. Pay the 4.95 fee. Overall Earning 2747 points + $10 Sears Points + 1500 Plink Points all for $4.95. This is a solid return.
Bonus Points:
- Buy a HIGC at OD with Chase Ink (5x)
- Go through UR Portal to Sears, buy Sears Gift Cards with HIGC (5x)
- Buy the promotion at a retail Sears Store with the Sears Gift Cards
- If you buy 10 GC you would get: 5495 points and $10 in Sears Points all for $4.95
Downsides:
- Dealing with a ton of $50 gift cards
- Going to Walmart
- Lots of time wrapped up in the deal
- Not being able to find the "Secret Gift Card Rack" at Sears