Jan 6, 2016, 6:02 pm
Last edit by: ChrisFlyer66
Simon mall gift cards(2016)
Dec 11, 2016, 6:07 pm
#1246
Join Date: Jul 2016
Location: NY
Posts: 523
I know it seems like they're taking losses on these 5B cards, but the most they have to pay out per card is $26.31. The question is, how much money gets left behind on these cards by everyone? Metabank knows this number for sure since they have plenty of sales data to look at. I'm willing to bet that number is well over 5% or else Meta wouldn't take a chance on such a card.
Dec 11, 2016, 6:20 pm
#1247
Join Date: Oct 1999
Location: Atlanta, GA
Programs: AA PLT, AS 75K, DL DM, HY Globalist, HH Diamond, MC/RZ/SW Platinum, AB/UA Silver, WN CP
Posts: 1,122
I know it seems like they're taking losses on these 5B cards, but the most they have to pay out per card is $26.31. The question is, how much money gets left behind on these cards by everyone? Metabank knows this number for sure since they have plenty of sales data to look at. I'm willing to bet that number is well over 5% or else Meta wouldn't take a chance on such a card.
Dec 11, 2016, 6:44 pm
#1248
Join Date: Sep 2005
Programs: Northwest, United
Posts: 3,256
Hello everyone. I was wondering if you could give me some advice. I'm not exactly new to MS but I've taken somewhat of a hiatus. I used to be really big into the T-mobile/reloadit game... and to a lesser degree the Vanillla Visa/Redbird game. Both of those have been shut down for a while now. I'm looking for the next best option. I recently signed up for 3 new AMEX cards and only want to meet the minimum spend to get the sign of bonuses. 1] 5,000
2] 2,000
3] 1,000
i also have a $25 credit after spending $500 on my Marvel Mastercard
I'm looking for an easy and effective method of spending less than $10,000 total and not having to spend too much in fees. Anyone have any ideas?
does anyone have a link to the simon gift card FAQ? i think i'm going to take a trip and spend it all on simon gift cards (and i guess try to get money orders from walmart later)
2] 2,000
3] 1,000
i also have a $25 credit after spending $500 on my Marvel Mastercard
I'm looking for an easy and effective method of spending less than $10,000 total and not having to spend too much in fees. Anyone have any ideas?
does anyone have a link to the simon gift card FAQ? i think i'm going to take a trip and spend it all on simon gift cards (and i guess try to get money orders from walmart later)
[OFFER DEAD, MR accounts frozen, some bonuses clawed back] 100k Amex Plat (USA)
You might also want to google "Amex RAT team" and parse the results. Amex has recently created a "rewards abuse team" to go after those who (in their view) have been repeatedly taking unfair advantage of them. After being docile for so long, Amex has apparently decided they are not going to be played for suckers anymore. All the banks seem to have finally been stirred to action (to varying degrees). 2016 has been a nasty year.
I am reminded of the film, Butch Cassidy & the Sundance Kid (which, by coincidence, I watched again a few days ago), specifically the bit about Mister E. H. Harriman of the Union Pacific Railroad, who eventually got tired of having his banks and trains robbed repeatedly and brazenly, and then went to great lengths to put a stop to it, despite all the costs and trouble that would take. Rich corporations will tolerate a bit of abuse by a small group of ankle-biters, but once the abuse becomes so widespread and well-known it has created the basis for careers (bloggers, miles & points brokers) they get tired of being mocked openly and they react.
The game has changed an awful lot in the past 12 months. The days of quick, easy, massive MS are over. The sleeping giants have awakened. Right now is definitely not a great time to be trying to knock out a large minimum spend on multiple Amex cards via MS. Good luck.
Dec 11, 2016, 11:12 pm
#1250
Join Date: Jan 2012
Programs: Marriott/SPG Plat, Hilton Gold
Posts: 887
I can't turn them as fast as some. I've got more inventory than I feel comfortable with right now, feeling like a python digesting a gazelle. Just wishing this kind of deal could repeat during the dry season, so take it for the lament of feast/famine.
Dec 12, 2016, 8:59 am
#1251
Join Date: Oct 2015
Location: BOS, PVD, HYA
Programs: MR, TYP, AA, B6, DL, WN, HH, MB, 2V
Posts: 658
Wait when is CeeVeeS dropping off?
I can't turn them as fast as some. I've got more inventory than I feel comfortable with right now, feeling like a python digesting a gazelle. Just wishing this kind of deal could repeat during the dry season, so take it for the lament of feast/famine.
I can't turn them as fast as some. I've got more inventory than I feel comfortable with right now, feeling like a python digesting a gazelle. Just wishing this kind of deal could repeat during the dry season, so take it for the lament of feast/famine.
Dec 12, 2016, 11:03 am
#1252
Join Date: Mar 2007
Location: Midwest U.S.A
Programs: Too many to list. Since the early 90's.
Posts: 1,407
The mere mention of speculations of negative outcomes only hurts. It's almost like some people want things to happen enough they're willing to prophecy them into existence. People really don't know the eyes on here. Are ya'll trying to make suggestions to them? Maybe take that stuff private please or refrain negative public speculation. Just a friendly suggestion.
Last edited by Churnman; Dec 12, 2016 at 11:11 am
Dec 12, 2016, 11:57 am
#1253
Join Date: Nov 2013
Location: LAX, LGB, SNA
Programs: AA EXP OWE, DL DM ST+, AS MVPG, UA, BA, WN CP, Hyatt E, Ritz Plat, HH GM
Posts: 3,185
If they get rid of cvs, there's still wally mos
Dec 12, 2016, 1:13 pm
#1256
Join Date: Oct 1999
Location: Atlanta, GA
Programs: AA PLT, AS 75K, DL DM, HY Globalist, HH Diamond, MC/RZ/SW Platinum, AB/UA Silver, WN CP
Posts: 1,122
What's the typical timeframe for the 5% credit to appear? I used one card on the evening of the 6th, and the $25 credit posted on the 7th. I used that card again on the 8th (to pay the fees for buying 4 VGCs) and the 99¢ credit posted the same day. Yet the four cards I used during the same transaction have zero balances. And all of the other cards I've used at CVS (13 thus far) have had no promotional credits. So I'm wondering if the rest of the cards were somehow activated in a way that they don't earn the 5%. It bears mentioning that the only card that earned the 5% was purchased at a different Simon Center from the rest. If the rest of the cards are going to operate the same way, I sure don't want to be using them at CVS. 
Dec 12, 2016, 1:24 pm
#1257
Join Date: Oct 2015
Location: BOS, PVD, HYA
Programs: MR, TYP, AA, B6, DL, WN, HH, MB, 2V
Posts: 658
The mere mention of speculations of negative outcomes only hurts. It's almost like some people want things to happen enough they're willing to prophecy them into existence. People really don't know the eyes on here. Are ya'll trying to make suggestions to them? Maybe take that stuff private please or refrain negative public speculation. Just a friendly suggestion.
Dec 12, 2016, 1:28 pm
#1258
Join Date: May 2016
Posts: 506
something is wrong this time. after 48 hrs still no cash back. that's unusual.
Dec 12, 2016, 1:30 pm
#1259
Join Date: Oct 1999
Location: Atlanta, GA
Programs: AA PLT, AS 75K, DL DM, HY Globalist, HH Diamond, MC/RZ/SW Platinum, AB/UA Silver, WN CP
Posts: 1,122