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How to liquidate successfully in high amounts

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How to liquidate successfully in high amounts

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Old Feb 23, 2014 | 12:06 pm
  #1  
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Join Date: Feb 2014
Posts: 29
How to liquidate successfully in high amounts

Can we compile a list of the current various liquidation methods for GC's? I'm sitting on a bunch of AMEX gift cards that need liquidation. If there's already a list somewhere, please point me in the right direction.

I'll get her started:

1. GC --> VR --> BB --> Cash (free minus VR fees, $5,000 / mo)
2. GC --> CC Processor --> Cash deposit (~2.5% fees per txn, risk getting account flagged/banned in significant volumes??)
3. GC --> Regular purchases (free but limited to how much you spend in a given month)
4. GC --> Purchase new products online/offline for resale --> (time consuming, could result in loss, difficulty to do in volume)

Any other methods out there I'm missing? With the above it seems like I'd cap out at about $10k / month max.

Thanks guys
fmakpartners is offline  
Old Feb 23, 2014 | 12:19 pm
  #2  
 
Join Date: Nov 2010
Location: South NJ
Posts: 262
AP
Buxx (although may not be compatible with Amex)
Evolve


Etc. Pretty much every single post on the first two pages of the MS forum offer some way to liquidate a GC, so I suggest you read them (if you haven't already).
Zamboni Driver is offline  
Old Feb 23, 2014 | 2:37 pm
  #3  
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Several rude, snarky, offtopic, or unhelpful posts have been removed. Please remember to be welcoming to new members and avoid being judgmental.

Fmakpartners, I would suggest you look through the sticky thread at http://www.flyertalk.com/forum/manuf...tart-here.html If you have any more specific questions, you can ask there or start a new thread.
cbn42 is offline  


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