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Five Back Visa Card(2017)

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Old Feb 3, 2017, 6:02 pm
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Last edit by: ValueAdd82
This is the thread about the Five Back Visa card for 2017. The previous discussion can be found here.

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Simon sells $500 5back metabank vgc. Read the Simon thread for more details. http://www.flyertalk.com/forum/manufactured-spending/1812413-simon-mall-gift-cards-2017-a.html

Simon- Check balance: https://www.simon.com/giftcard/card_balance.aspx
FB - Check balance: https://www.fivebackgift.com/

Best Participating Stores: See the participating list for more stores
CVS - No longer working
Kmart - No longer working
Staples & Staples.com - No longer working
Lowes - Limited to buying $200 cards - more fees to pay and more to liquidate

CVS exit rumors appear: 1/9/17
CVS removed from program 1/20/17
KMart exit rumors appear: 2/2/17
KMart removed from program 2/7/17
Staples exit rumors appear: 4/26/17
Staples removed from program: 4/30/17
Lowes exit rumors appear: 5/11/17
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Five Back Visa Card(2017)

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Old Feb 6, 2017, 3:41 pm
  #826  
 
Join Date: Aug 2015
Posts: 2,061
Originally Posted by Travelz
DP: 5B used for BP at Kmart on Sunday have now posted 25 back. I guess that is my last time to use KM.

What other good options are there? Lowes-Staples. Not sure it is worth the hassle.
so kmart still participates? lol, a local SM told me that Kmart already stopped... any rate, no kmart in my neck of the woods
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Old Feb 6, 2017, 4:04 pm
  #827  
 
Join Date: Oct 2013
Posts: 483
Originally Posted by danhouston
so kmart still participates? lol, a local SM told me that Kmart already stopped... any rate, no kmart in my neck of the woods
I wonder if it will work for another week.
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Old Feb 6, 2017, 4:23 pm
  #828  
 
Join Date: Dec 2004
Programs: UA-1K, MM, Hilton-Diamond, Marriott-Titanium
Posts: 4,433
Originally Posted by cashcyclone
Not worth it. about $6-8 per 5B card profit
Agree. If it's less then 9.00 I pass on it.
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Old Feb 6, 2017, 5:40 pm
  #829  
 
Join Date: Jun 2011
Posts: 800
Kmart is now off the "other" five back site now....
macrophage is offline  
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Old Feb 6, 2017, 6:31 pm
  #830  
 
Join Date: Feb 2015
Posts: 595
They just took them off in the last three hours. Kmart was there at 5 pm EST. I got the $25 bonus today on 4 cards I cashed out at k yesterday. I cashed the last 7 cards that I had this evening. We'll see if the bonus posts on those.
shadow520 is offline  
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Old Feb 6, 2017, 6:52 pm
  #831  
 
Join Date: Sep 2015
Posts: 285
The negative: Kmart is dead
The positive: no reason to have to ever step foot in one again
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Old Feb 6, 2017, 7:18 pm
  #832  
 
Join Date: Jun 2011
Posts: 800
Originally Posted by Joshy119
The negative: Kmart is dead
The positive: no reason to have to ever step foot in one again
Time to catch up on sleep!

There are benefits I'd say... just not as good.
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Old Feb 6, 2017, 7:29 pm
  #833  
 
Join Date: Aug 2015
Posts: 2,061
Originally Posted by cruisr
Agree. If it's less then 9.00 I pass on it.
Use a $1k 5B from SM for 5 DE/GE at Lowe's will yield about $18 bucks! definitely not worth the hassle
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Old Feb 6, 2017, 7:37 pm
  #834  
 
Join Date: Sep 2014
Posts: 1,837
Originally Posted by danhouston
Use a $1k 5B from SM for 5 DE/GE at Lowe's will yield about $18 bucks! definitely not worth the hassle
i agree plus more smaller cards to liquidate
lumangoy is offline  
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Old Feb 6, 2017, 8:00 pm
  #835  
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Join Date: Jul 2008
Location: IAH
Programs: DL DM, Hyatt Ist-iest, Stariott Platinum, Hilton Diamond
Posts: 12,795
Originally Posted by Joshy119
The negative: Kmart is dead
The positive: no reason to have to ever step foot in one again
I had a similar feeling about Family Dollar when my Serve died

Though speaking of my multitude of $25.05 balance 5 Backs, I found a great way to liquidate them. I'm going to begin to taking them to my weekly Monday happy hour which is pint night and nearly everything is $3. 3 beers + tax/tip and I've erased a lot of the balance.

Free beer is the best beer.
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Old Feb 7, 2017, 1:34 am
  #836  
 
Join Date: May 2016
Posts: 506
Originally Posted by danhouston
Use a $1k 5B from SM for 5 DE/GE at Lowe's will yield about $18 bucks! definitely not worth the hassle
$25x2 - 4.95x5+10% tax - $3.95x2 - $0.70x2 = $13.48
or
$50 - $27.22 - $7.90 - $1.40 = $13.48
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Old Feb 7, 2017, 8:14 am
  #837  
 
Join Date: Mar 2007
Location: Midwest U.S.A
Programs: Too many to list. Since the early 90's.
Posts: 1,407
By those calculations it means only a net gain of about 1.3%. We can do that from the comforts of home just buying cards via portals.
Churnman is offline  
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Old Feb 7, 2017, 8:56 am
  #838  
 
Join Date: May 2015
Posts: 1,066
So, I unloaded the last 12 of my 25s at Lowes this morning. I thought the cashier was going to have a brain aneurysm. She was frantically looking around for someone to talk to, seemed like she was super concerned with what I was doing. I even had to use a few of the "Restaurant Tricks" I learned on hear to get a couple of the cards to work. Haha. So happy to be done with this...
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Old Feb 7, 2017, 9:17 am
  #839  
 
Join Date: Feb 2008
Programs: National Executive Elite, Hertz PC, Avis CC, Continental Onepass
Posts: 451
My purchases from Kmart on 2/6 just posted this morning.
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Old Feb 7, 2017, 9:19 am
  #840  
 
Join Date: Oct 2014
Programs: All of them
Posts: 1,664
Originally Posted by cashcyclone
$25x2 - 4.95x5+10% tax - $3.95x2 - $0.70x2 = $13.48
or
$50 - $27.22 - $7.90 - $1.40 = $13.48
That math is wrong, you should exclude the 3.95 fees since if you buy these with 2% cashback card, you're already getting around 1.2% profit.

And MO costs would have been the same if you liquidated the 500s straight to MO, so the extra profit by jumping through these hoops is more like $23-24 per $1000. Not terrible if you can do large volume of small GC liquidation but would take up a lot of time.
littlewinglet is offline  
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