Optimizing my visa liquidations
Oct 1, 2014, 5:36 pm
#1
Original Poster
Join Date: Jul 2014
Location: LAX
Programs: Delta, AA, USairways, BA, United, Hilton Honors Diamond, SPG Plat , Marriott, Sixt Platinum
Posts: 122
Optimizing my visa liquidations
Hi all,
I have a method to liquidate international visa cards for no fees, I have currently been using Simon Mall cards but the s+h/processing fees (from Simon's side) are adding up. I was wondering if there is a way to optimize this process? Are there any better visa cards that can be ordered / re-loaded online?
Maybe use TCB to get 1.5%cb on the $3k AGCs, then use the AGC's to order through Simon Mall?
Thoughts on?
- NetSpend
- GreenDot
- All Access
I have a method to liquidate international visa cards for no fees, I have currently been using Simon Mall cards but the s+h/processing fees (from Simon's side) are adding up. I was wondering if there is a way to optimize this process? Are there any better visa cards that can be ordered / re-loaded online?
Maybe use TCB to get 1.5%cb on the $3k AGCs, then use the AGC's to order through Simon Mall?
Thoughts on?
- NetSpend
- GreenDot
- All Access
Last edited by queensgambit; Oct 1, 2014 at 5:54 pm
Oct 1, 2014, 6:20 pm
#2
Join Date: Mar 2011
Location: PHL
Programs: US; AA; UA; Hilton Gold; Club Carlson Gold; IHG Platinum;
Posts: 388
Hi all,
I have a method to liquidate international visa cards for no fees, I have currently been using Simon Mall cards but the s+h/processing fees (from Simon's side) are adding up. I was wondering if there is a way to optimize this process? Are there any better visa cards that can be ordered / re-loaded online?
Maybe use TCB to get 1.5%cb on the $3k AGCs, then use the AGC's to order through Simon Mall?
Thoughts on?
- NetSpend
- GreenDot
- All Access
I have a method to liquidate international visa cards for no fees, I have currently been using Simon Mall cards but the s+h/processing fees (from Simon's side) are adding up. I was wondering if there is a way to optimize this process? Are there any better visa cards that can be ordered / re-loaded online?
Maybe use TCB to get 1.5%cb on the $3k AGCs, then use the AGC's to order through Simon Mall?
Thoughts on?
- NetSpend
- GreenDot
- All Access
How do I purchase a Simon Giftcard?
You can order Simon Giftcards by visiting www.simon.com or you can purchase at over 170 Simon Malls across the country. Please visit www.simon.com for the location of the nearest Simon Mall selling the Simon Giftcard. Simon Malls, Premium Outlet Centers®, and The Mills®, all accept cash, Visa, American Express, MasterCard and Discover for payment. For on-line purchases you can use your Visa, or MasterCard. If you would like to purchase a Simon Giftcard on-line you will need to supply the following information:
Your name, address, and telephone number.
The recipient's name, address, and telephone number.
Your Visa or MasterCard credit or debit card number.
Oct 1, 2014, 9:02 pm
#4
Original Poster
Join Date: Jul 2014
Location: LAX
Programs: Delta, AA, USairways, BA, United, Hilton Honors Diamond, SPG Plat , Marriott, Sixt Platinum
Posts: 122
Kpoxa, thank you for that. Would a Simonmall online purchase fall into any CC's bonus categories?
If not, then the merchant that I use to liquidate VGCs says he can also accept:
- NetSpend
- GreenDot
- All Access
Would the purchasing and reloading of these fall into any of those bonus categories? Or can I use the AGC's to buy one of the 3 above, and then liquidate via my merchant?
If not, then the merchant that I use to liquidate VGCs says he can also accept:
- NetSpend
- GreenDot
- All Access
Would the purchasing and reloading of these fall into any of those bonus categories? Or can I use the AGC's to buy one of the 3 above, and then liquidate via my merchant?
Last edited by queensgambit; Oct 1, 2014 at 9:08 pm
Oct 1, 2014, 9:03 pm
#5
Original Poster
Join Date: Jul 2014
Location: LAX
Programs: Delta, AA, USairways, BA, United, Hilton Honors Diamond, SPG Plat , Marriott, Sixt Platinum
Posts: 122
Nope, they are just an international merchant so the charges appear that way therefore the card must be capable of international charges. I am not sure whether that explanation makes sense, I only know that I am told I can only use Simonmall cards or any of the 3 mentioned above.
Oct 1, 2014, 9:19 pm
#6
Original Poster
Join Date: Jul 2014
Location: LAX
Programs: Delta, AA, USairways, BA, United, Hilton Honors Diamond, SPG Plat , Marriott, Sixt Platinum
Posts: 122
I guess buying AGCs and then using those to load cards / buy cards isn't worth it if I can just hit 2x category bonus on buying the prepaids themselves, my math being:
$5,000 on AGCS at 1.5% = $75
----vs----
$5,000 on CVS = 10k miles at 2c per mile = $200
$5,000 on AGCS at 1.5% = $75
----vs----
$5,000 on CVS = 10k miles at 2c per mile = $200
Last edited by queensgambit; Oct 1, 2014 at 9:26 pm
Oct 1, 2014, 9:41 pm
#7
Original Poster
Join Date: Jul 2014
Location: LAX
Programs: Delta, AA, USairways, BA, United, Hilton Honors Diamond, SPG Plat , Marriott, Sixt Platinum
Posts: 122
Simon Mall cards are costing me 1% (I bought 6k for $6,066 including shipping). Currently this is the best option, been reading the Greendot thread and haven't really found anything better than 1%. Am i wrong?
Oct 1, 2014, 9:51 pm
#10
Original Poster
Join Date: Jul 2014
Location: LAX
Programs: Delta, AA, USairways, BA, United, Hilton Honors Diamond, SPG Plat , Marriott, Sixt Platinum
Posts: 122