FlyerTalk Forums

FlyerTalk Forums (https://www.flyertalk.com/forum/index.php)
-   Credit Card Programs (https://www.flyertalk.com/forum/credit-card-programs-599/)
-   -   Gift card purchase strategy (https://www.flyertalk.com/forum/credit-card-programs/1510796-gift-card-purchase-strategy.html)

profpeabody Oct 10, 2013 6:08 am

Gift card purchase strategy
 
For business reasons, I need to buy 50 gift cards (Amex or Visa) with a value of $600 per card. The amount of the card can't be changed but i could buy two cards to total $600 (say a $500 card and a $100 card). Other than simply ordering the cards from Amex, does anyone have any suggestions on a way to maximize the points I can earn on this without incurring per card purchase fees in amounts that would negate the value of the points earned?

Rick471 Oct 10, 2013 6:16 am

Depending on which cc you have, buy them at a gas station that gives you 2x points. You will have to buy 500/100 combo to get 600.

dukerau Oct 10, 2013 8:26 am

On Amex's gift card website, under Consumer Gift Cards, choose Personalized cards. There you can choose a value between $25 and $3000. So you can get your $600 gift cards for just a single $3.95 fee. Even though you will only get 1x rewards, the lower fees will leave you better off.

aeneas3 Oct 10, 2013 8:45 am

if the common cashback sites put amex giftcards back on their sites, you could conceivably combine Dukerau's advice with cashback to totally negate fees.

augustus21 Oct 10, 2013 11:20 am

Gift card purchase strategy
 
$30,000 in gift cards, not including fees?

Your bank isn't going to look kindly on this.

Slybone Oct 11, 2013 12:25 pm


Originally Posted by augustus21 (Post 21586504)
$30,000 in gift cards, not including fees?

Your bank isn't going to look kindly on this.

I've purchased over 100k in giftcards for work reasons and my bank didn't bat an eyelid


All times are GMT -6. The time now is 7:39 pm.


This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.