May 3, 2017, 4:10 pm
Last edit by: ChrisFlyer66
Posts for 2018 on this topic are here: https://www.flyertalk.com/forum/manufactured-spending/1885680-mgc-sam-s-club-2018-a.html
Always test one gc before buying too many that you cannot liquidate.
As of 6/2017:
HB Vanilla mc & visa issued by Bancorp - liquidate at PO or some grocery stores, not WM. The Bancorp gcs are easier to liquidate.
Vanilla mc issued by MetaBank - might be able to liquidate at Kmart BP, Paypal, not WM or PO.
Always test one gc before buying too many that you cannot liquidate.
As of 6/2017:
HB Vanilla mc & visa issued by Bancorp - liquidate at PO or some grocery stores, not WM. The Bancorp gcs are easier to liquidate.
Vanilla mc issued by MetaBank - might be able to liquidate at Kmart BP, Paypal, not WM or PO.
MGC at Sam's Club(2016-2017)
Oct 29, 2016, 4:09 pm
#181
Join Date: Feb 2012
Posts: 4,477
From the MS perspective, the Sam's/Walmart GC's still make a better deal as they're bid at around 90%FV. I see that CPK cards are bid at 68%, with the 20% discount bumping that to 85%. If Sam's Club sold Amazon or eBay GC's at a discount, that'd probably change the math.
Another decent option would be Southwest GCs if you fly paid Southwest a lot.
Oct 29, 2016, 5:44 pm
#182
Join Date: Sep 2009
Posts: 325
can one buy mcgc or visa gc either in store or online at sc or wm with scgc?
Oct 30, 2016, 9:06 am
#184
Join Date: Jul 2014
Posts: 3,688
but you might as well try it because chances are it might work for you
Oct 30, 2016, 11:07 am
#185
Join Date: Sep 2009
Posts: 325
just bought 5x$200 MCGC at SC along with a $200 SCGC. Transaction went smoothly on my amex. Got home an bought a $200 mcgc from sc online using the $200 scgc, a $5 scgc i got with membership and $1.48 on my visa. looks good to go.only other question is if i can split pay when buying multiple mcgc/scgc in store.
Oct 30, 2016, 2:16 pm
#186
Join Date: Feb 2012
Posts: 4,477
just bought 5x$200 MCGC at SC along with a $200 SCGC. Transaction went smoothly on my amex. Got home an bought a $200 mcgc from sc online using the $200 scgc, a $5 scgc i got with membership and $1.48 on my visa. looks good to go.only other question is if i can split pay when buying multiple mcgc/scgc in store.
If this works, it would probably be the lowest cost of cashing the AmEx offer at ~3.5% + the nuisance of unloading $200 MCGC's. I wonder if this can be done via a portal.
Oct 30, 2016, 3:49 pm
#187
Join Date: Sep 2014
Posts: 1,837
just bought 5x$200 MCGC at SC along with a $200 SCGC. Transaction went smoothly on my amex. Got home an bought a $200 mcgc from sc online using the $200 scgc, a $5 scgc i got with membership and $1.48 on my visa. looks good to go.only other question is if i can split pay when buying multiple mcgc/scgc in store.
Online is included? I thought it was B&M?
Oct 30, 2016, 4:42 pm
#188
Join Date: Apr 2012
Programs: 25 million points to burn!
Posts: 1,522
just bought 5x$200 MCGC at SC along with a $200 SCGC. Transaction went smoothly on my amex. Got home an bought a $200 mcgc from sc online using the $200 scgc, a $5 scgc i got with membership and $1.48 on my visa. looks good to go.only other question is if i can split pay when buying multiple mcgc/scgc in store.
Thx for the awesome data point. I'll be rinsing and repeating that deal 6 times on our targeted cards!
Oct 30, 2016, 5:24 pm
#189
Join Date: May 2002
Location: St Louis, MO
Programs: AA L.T. PLT
Posts: 3,289
OK...maybe I'm missing something here but why not just buy some variable MCGC at Sams? 2 x$500 and $250. That gets you to the $1,250 threshold for AMEX and you are done.