Originally Posted by
NationalChamps2015
Pretty no brainer to pay $194 to get $200 back.
That is the old one and OP can't get any longer.
Even at that old rate, it is kinda meaningless to buy those GCs unless you really need to give away those GCs.
Those GCs do not earn any reward points. At 3% return, you get $6 on the $200. And you can't get rid of those GCs easily. I'd rather buy a bunch of $200 VGCs at Staples at face value and get up to 5% back.
This is why AmEx heavily promotes those offers and get very few takers. Not attractive at all.