Join Date: Jan 2004
Location: SFO, SJC, OAK, LVK AA Lifetime Plat 2MM, LUV A-List, Hyatt Gold, SPG Lifetime Gold, Commercial Pilot (not employed by airlines)
Posts: 1,531
What To Do With Those Visa Gift Cards?
I've read some of the postings here and I'm a rank amateur compared to you guys! Maybe you can help me with some advice? I have a Citi Dividend card which does 5% on drugs stores this Q. I read on another site that I can purchase $6000 in Visa gift cards and earn back $300 in rebates. That sounded great until I realised I would then have $6,000 in Visa Gift Cards on my hands.
So the question is how do people integrate those cards back into their cash flow? Can they be deposited in a bank account? Or cashed? (I read somewhere on here some types can be cashed and some cannot). Does anyone know of a concise write-up this exists on this?