I wonder if 3x giftcards.com is gone for good. I have finally burned through my large stash from the 3x period. I have bought a couple at 1x but am finding the effort isn't worth the payoff. The last promo that waived fees was ok I guess. But the normal route of buying a $250 gift card for $253.45 (after 1% g-money discount) effectively only nets me 250 miles for $3.45. That works out to 1.38 cents per mile which is a good price and a little below my internal strawman mile valuation (about 1.5 cents/mile). But after accounting for the effort involved I can't justify doing it to net 30 cents of value per transaction.

I know many out there are still buying at 1x, is there something I am missing? Do you just value miles at more than 1.5 cents? Or enjoy grinding more than I do?