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Old Feb 3, 2017, 6:56 pm
  #346  
 
Join Date: Sep 2014
Location: NYC
Posts: 498
Originally Posted by bodiddely
Good point. That said, I'm surprised there hasn't been more discussion on this forum/thread regarding Venmo's treatment of AmEx gift cards (it sees them as a debit card and thus charges no fees to send money from them). Subject to Venmo's 6 cards per 6 months and $2999.99/week sending limit. Still probably the cheapest/easiest way to knock out minimum spend for many people. Recently ordered a 3k AGC for a new (no 24 month language) Citi AA card and sent 2999.99 to my brother. He cashed out to bank and reimbursed me via Google Wallet. Total cost was $3.95 AGC purchase fee (used a free shipping promo code). Definitely cheaper/easier than MSing the 3k with Simon VGCs which is my normal method.
Yeah there's a reason no one tries to talk about it...
Amex For Children Of Africa is offline  
Old Feb 3, 2017, 9:04 pm
  #347  
 
Join Date: Dec 2015
Location: DCA
Posts: 818
Originally Posted by Amex For Children Of Africa
Yeah there's a reason no one tries to talk about it...
Perhaps, but this particular cat has been out of the bag for many moons. I profited more from the CVS FB deal in a week than this mechanism permits in a year so I'm not sure why it's verboten on FT when it's all over Reddit etc.
bodiddely is offline  
Old Feb 12, 2017, 1:08 pm
  #348  
 
Join Date: Aug 2013
Posts: 30
Originally Posted by bodiddely
Good point. That said, I'm surprised there hasn't been more discussion on this forum/thread regarding Venmo's treatment of AmEx gift cards (it sees them as a debit card and thus charges no fees to send money from them). Subject to Venmo's 6 cards per 6 months and $2999.99/week sending limit. Still probably the cheapest/easiest way to knock out minimum spend for many people. Recently ordered a 3k AGC for a new (no 24 month language) Citi AA card and sent 2999.99 to my brother. He cashed out to bank and reimbursed me via Google Wallet. Total cost was $3.95 AGC purchase fee (used a free shipping promo code). Definitely cheaper/easier than MSing the 3k with Simon VGCs which is my normal method.
The max Amex GC I can get is $500. With a 6 cards per 6 month limit, it's about 3k worth of spend. It's better than nothing but it'll only be useful for 1 card.
qazwsx is offline  
Old Feb 12, 2017, 5:49 pm
  #349  
 
Join Date: Jan 2015
Posts: 159
Originally Posted by bodiddely
Good point. That said, I'm surprised there hasn't been more discussion on this forum/thread regarding Venmo's treatment of AmEx gift cards (it sees them as a debit card and thus charges no fees to send money from them). Subject to Venmo's 6 cards per 6 months and $2999.99/week sending limit. Still probably the cheapest/easiest way to knock out minimum spend for many people. Recently ordered a 3k AGC for a new (no 24 month language) Citi AA card and sent 2999.99 to my brother. He cashed out to bank and reimbursed me via Google Wallet. Total cost was $3.95 AGC purchase fee (used a free shipping promo code). Definitely cheaper/easier than MSing the 3k with Simon VGCs which is my normal method.
Do you mind sharing where you got the 3k AGC from? I opened a few new cards, and this would pretty much knock out the minimum spend on 1 of them without the hassle of MSing.
Mancolt is offline  
Old Feb 12, 2017, 5:55 pm
  #350  
 
Join Date: Sep 2015
Location: Los Angeles
Posts: 740
Originally Posted by Mancolt
Do you mind sharing where you got the 3k AGC from? I opened a few new cards, and this would pretty much knock out the minimum spend on 1 of them without the hassle of MSing.
Use this link and FREESHP17A coupon for free shipping.
Java Cool Dude is offline  
Old Feb 12, 2017, 6:09 pm
  #351  
 
Join Date: Jan 2015
Posts: 159
Thanks JCD! you've been incredibly helpful as I dive into MS.
Mancolt is offline  
Old Feb 12, 2017, 6:55 pm
  #352  
 
Join Date: Sep 2015
Location: Los Angeles
Posts: 740
Originally Posted by Mancolt
Thanks JCD! you've been incredibly helpful as I dive into MS.
<3
Java Cool Dude is offline  
Old Feb 13, 2017, 10:37 am
  #353  
 
Join Date: Feb 2017
Programs: DL Diamond, IHG Spire, Hilton Gold, SPG Gold
Posts: 7
Hi everyone. I have been quietly following the MS forum for the past year and utilizing some of the great info that is posted here. However, it has come time for a question that I just could not find the answer to. I apologize in advance if I missed it, but here it goes.

Part of my goal in this hobby is to knock out spending on a pair of DL AMX cards to get the MQM boost and maintain status. That said, I know what AMX says about gift card purchases counting for spend, but we all know differently. However, when you purchase from AMX's website, does that change? Simply put, the link JCD provided... will AMX count purchases from their own portal as eligible spend and give miles/ MR points?

Thanks in advance. I am sure this is elementary and well known but I just could not find it in writing.
ColdIsCool is offline  
Old Feb 13, 2017, 1:32 pm
  #354  
 
Join Date: Jan 2017
Posts: 20
Was going to try venom, then googled "venmo expert review" and decide not use them for anything, my friends told me they are not easy to work with if any issues and use deceptive methods to sign people up. If you want use them, be cautious.
Dealtimetn is offline  
Old Feb 13, 2017, 2:21 pm
  #355  
 
Join Date: Sep 2014
Location: NYC
Posts: 498
Originally Posted by Dealtimetn
Was going to try venom, then googled "venmo expert review" and decide not use them for anything, my friends told me they are not easy to work with if any issues and use deceptive methods to sign people up. If you want use them, be cautious.
They are very shutdown happy...
Amex For Children Of Africa is offline  
Old Feb 13, 2017, 10:18 pm
  #356  
 
Join Date: Feb 2012
Posts: 599
How do I know that Venmo won't charge 3% on amex gift cards? I added an amex gc to my venmo and it still shows up as credit, not debit card. Am I doing something incorrect when adding the card, there's some other way?
nomii is offline  
Old Feb 14, 2017, 1:16 am
  #357  
 
Join Date: Sep 2014
Posts: 50
Originally Posted by nomii
How do I know that Venmo won't charge 3% on amex gift cards? I added an amex gc to my venmo and it still shows up as credit, not debit card. Am I doing something incorrect when adding the card, there's some other way?
Do a test and send $5 to someone. See if it charges you extra.
zerosoul is offline  
Old Feb 14, 2017, 5:48 am
  #358  
 
Join Date: Jan 2015
Posts: 159
Originally Posted by zerosoul
Do a test and send $5 to someone. See if it charges you extra.
And please report back. I haven't purchased an AGC yet, so I'm very interested to know the results of your test. Have 2 new cards, and will only be able to meet the bonus spend organically on 1 of them, so fingers crossed venmo doesn't charge a 3% fee.
Mancolt is offline  
Old Feb 14, 2017, 7:35 am
  #359  
 
Join Date: Feb 2017
Programs: DL Diamond, IHG Spire, Hilton Gold, SPG Gold
Posts: 7
Smile

Originally Posted by zerosoul
Do a test and send $5 to someone. See if it charges you extra.
Fair statement and went ahead and did so. I was hoping to get some advice since Venmo limits you to six cards in six months. It'd be a shame to waste one on a $5 test. As a DP I loaded a standard AMX business gift card from the AMX portal and it was treated as debit. I went to the final step of payment to confirm no fee and then canceled the transaction and deleted the card. Hopefully, I can still use six other cards...
ColdIsCool is offline  
Old Feb 14, 2017, 8:56 am
  #360  
 
Join Date: Jan 2015
Posts: 159
Originally Posted by ColdIsCool
Fair statement and went ahead and did so. I was hoping to get some advice since Venmo limits you to six cards in six months. It'd be a shame to waste one on a $5 test. As a DP I loaded a standard AMX business gift card from the AMX portal and it was treated as debit. I went to the final step of payment to confirm no fee and then canceled the transaction and deleted the card. Hopefully, I can still use six other cards...
Thank you for reporting back! Looking forward to using this. I unknowingly added a different CC a few weeks ago, so I used up 1 of my 6 as well. I don't intend to put 6 different cards on in 6 months though, so it probably won't negatively affect me.
Mancolt is offline  


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