Aug 21, 2019, 12:38 pm
Last edit by: Klemhuzzah
Signing up to buy $1000 visa/mc gift cards
You can buy the $1000 cards on Simon's volume site. Their regular site only sells $500 cards.
If you're new, or haven't bought anything in a year, you need to register at https://www.simon.com/volume/register-consumer
As part of the registration process, you will have to go to a brick and mortar mall and buy at least $3000 in cards in person, as well as filling out some paperwork while there. After that, you can do everything online.
As of Nov 2020, Simon Mall Gift cards will only work for $99/swipe for money services at Walmart and many grocery chains.
$1000 gift cards are available indefinitely.
2020 Promotions
Ongoing: FREEGROUND - Free Ground Shipping on any order size. Limited to 5 orders per customer. Expires December 31, 2020 (subject to change).
5/15-6/17: MDHOL20 - 20% off Visa Giftcard Purchase Fees + Free Ground Shipping on orders of 9 more cards
5/15/5/31: MAYGROUND - Free UPS Ground shipping on orders of 7 or more cards
5/15-6/31: MAY20VG10 - 10% off purchase fees on Visa Giftcards
6/29-7/20: JUL4HOL20 - 20% off Visa Giftcard Purchase Fees + Free Ground Shipping on orders of 5 or more cards. If you select a shipping other than Ground - the code will still take 20% off the purchase fees. Limited to 10 orders per customer.
8/11-8/31: AUG20PR - 15% off ALL fees (excl. shipping fees) on orders of 5 or more cards. Limited to 10 orders per customer (Originally expired on 8/23; on 8/24 promo was extended through 8/31)
10/12-10/14: FSOCT20 - 30% off all purchase fees on Visas and Mastercards.
10/26-10/31 - FS20SCARY - 35% off all purchase fees
11/1-11/30 - HOL20MC25 - 25% off all purchase fees on MasterCard / HOL20VG25 - 25% off all purchase fees on Visa / HOL20AG50 50% off all purchase fees on American Express
11/6-11/8 - FS20THANKS - 35% off all purchase fees
11/16-11/18 - FS20SAVINGS - 35% off all purchase fees
You can buy the $1000 cards on Simon's volume site. Their regular site only sells $500 cards.
If you're new, or haven't bought anything in a year, you need to register at https://www.simon.com/volume/register-consumer
As part of the registration process, you will have to go to a brick and mortar mall and buy at least $3000 in cards in person, as well as filling out some paperwork while there. After that, you can do everything online.
As of Nov 2020, Simon Mall Gift cards will only work for $99/swipe for money services at Walmart and many grocery chains.
$1000 gift cards are available indefinitely.
2020 Promotions
Ongoing: FREEGROUND - Free Ground Shipping on any order size. Limited to 5 orders per customer. Expires December 31, 2020 (subject to change).
5/15-6/17: MDHOL20 - 20% off Visa Giftcard Purchase Fees + Free Ground Shipping on orders of 9 more cards
5/15/5/31: MAYGROUND - Free UPS Ground shipping on orders of 7 or more cards
5/15-6/31: MAY20VG10 - 10% off purchase fees on Visa Giftcards
6/29-7/20: JUL4HOL20 - 20% off Visa Giftcard Purchase Fees + Free Ground Shipping on orders of 5 or more cards. If you select a shipping other than Ground - the code will still take 20% off the purchase fees. Limited to 10 orders per customer.
8/11-8/31: AUG20PR - 15% off ALL fees (excl. shipping fees) on orders of 5 or more cards. Limited to 10 orders per customer (Originally expired on 8/23; on 8/24 promo was extended through 8/31)
10/12-10/14: FSOCT20 - 30% off all purchase fees on Visas and Mastercards.
10/26-10/31 - FS20SCARY - 35% off all purchase fees
11/1-11/30 - HOL20MC25 - 25% off all purchase fees on MasterCard / HOL20VG25 - 25% off all purchase fees on Visa / HOL20AG50 50% off all purchase fees on American Express
11/6-11/8 - FS20THANKS - 35% off all purchase fees
11/16-11/18 - FS20SAVINGS - 35% off all purchase fees
Simon Mall Gift Cards (2019-2023)
Jul 17, 2019, 9:43 pm
#256
Join Date: Oct 2014
Programs: All of them
Posts: 1,664
Everyone here is intensely curious, but no one really cares. As long as we make money it's all god.
Jul 17, 2019, 9:47 pm
#257
Join Date: Jun 2019
Posts: 104
Glad it worked out. I guess I’ll find out how St. Pete is tomorrow.
Jul 18, 2019, 4:40 am
#258
Join Date: Dec 2016
Programs: IHG, Hilton diamond (IHG match) SPG gold
Posts: 105
Agree to disagree- wm should love this, lower swipe fees for them. Unless there’s another aspect I’m not considering.
Jul 18, 2019, 10:24 am
#262
Join Date: Jan 2017
Posts: 161
Card fees are not just a flat rate, there is a percentage fee is as well. That percentage fee on unregulated debits (which gebits are) is extremely high. The MO sellers are the losers in MS, this just makes them lose money faster. As of 2015 the visa unregulated debit interchange fees were 1.80% + $0.20 (based on one source I found). This is how Simon/Blackhawk/Metabank make money.
Last edited by shipitkthx; Jul 18, 2019 at 10:32 am
Jul 18, 2019, 10:38 am
#263
Join Date: Oct 2013
Posts: 151
Those fees are the maximum fees that can be charged. We have no idea what WM actually pays to process an unregulated debit card, and we have no idea of the arrangements Simon.com has made either.
Plus, please explain to me how Simon/Blackhawk/Metabank make money by paying fees to process the charge cards used to buy the debit cards. A fee is not a profit item--it's a cost. If fees are paid TO Simon/Blackhawk/Metabank by those who distribute their cards, that's different.
Plus, please explain to me how Simon/Blackhawk/Metabank make money by paying fees to process the charge cards used to buy the debit cards. A fee is not a profit item--it's a cost. If fees are paid TO Simon/Blackhawk/Metabank by those who distribute their cards, that's different.
Jul 18, 2019, 11:40 am
#264
Join Date: Jan 2010
Programs: Hilton Diamond, Marriott/SPG Platinum
Posts: 496
MG and Simon mall can make money if people dont deposit MO/misplace VGC
Jul 18, 2019, 11:48 am
#265
Join Date: Jan 2017
Posts: 161
Those fees are the maximum fees that can be charged. We have no idea what WM actually pays to process an unregulated debit card, and we have no idea of the arrangements Simon.com has made either.
Plus, please explain to me how Simon/Blackhawk/Metabank make money by paying fees to process the charge cards used to buy the debit cards. A fee is not a profit item--it's a cost. If fees are paid TO Simon/Blackhawk/Metabank by those who distribute their cards, that's different.
Plus, please explain to me how Simon/Blackhawk/Metabank make money by paying fees to process the charge cards used to buy the debit cards. A fee is not a profit item--it's a cost. If fees are paid TO Simon/Blackhawk/Metabank by those who distribute their cards, that's different.
Simon pays less than 100% of face value to buy the cards from Blackhawk/Metabank. They make money on that spread + $3.95 card fee, their expenses are the swipe/interchange fees they pay to our credit cards.
When you use a VGC, the merchant (in most cases Walmart or w/e your liquidation outlet is) pay swipe/interchange fees to Blackhawk/Metabank on that transaction.
It's not rocket science to figure out how who's paying the bills here. Simon is embracing "loyalty gamers" because they, and those above them on the chain, are making money. The end merchants are the losers here. Money services are offered by stores as a loss leader to get people in the door, but we are not their target customers. They are taking losses on these services in hopes that the unbanked then spend their entire paycheck on other crap in the store.
Jul 18, 2019, 1:03 pm
#267
Join Date: Jun 2015
Posts: 1,727
Word on street is there is a nat campaign to stop manuspen and stores will track whoever cashes out $1k gebits...
Jul 18, 2019, 1:47 pm
#268
Join Date: Feb 2016
Location: Northeastern United States
Posts: 597
CSR smiled and immediately asked me if I was there for the $1K cards. Liquidation went smooth at WM and a couple local grocers.
Last edited by Prometheus77; Jul 18, 2019 at 6:37 pm
Jul 18, 2019, 4:48 pm
#269
Join Date: Jun 2019
Posts: 104
Simon CSR was wonderful to deal with. She was very pleasant. After I told her how much I wanted, she asked for my ID and the card I’d be using to pay with. She even asked if I wanted to buy more with another card. When I was leaving she made sure to remind me that the promo is good through the beginning of next month.
WM liquidation was another story. I went to two different locations and both times they immediately asked for ID and to see the card I was using. I was doing my usual $999.12 per MO and was only trying to buy one. Both said they were specifically told that they can’t accept Simon cards and that cards would have to have my name on them.
Ended up liquidating half of each card at my local grocery store and the other half, ironically enough, at WMNM.
I’m hoping this WM policy doesn’t apply to the GCM cards that I have coming.
WM liquidation was another story. I went to two different locations and both times they immediately asked for ID and to see the card I was using. I was doing my usual $999.12 per MO and was only trying to buy one. Both said they were specifically told that they can’t accept Simon cards and that cards would have to have my name on them.
Ended up liquidating half of each card at my local grocery store and the other half, ironically enough, at WMNM.
I’m hoping this WM policy doesn’t apply to the GCM cards that I have coming.
Jul 18, 2019, 5:42 pm
#270
Join Date: Sep 2004
Location: The World!!!
Programs: Some of them not all ...
Posts: 1,532
Simon CSR was wonderful to deal with. She was very pleasant. After I told her how much I wanted, she asked for my ID and the card I’d be using to pay with. She even asked if I wanted to buy more with another card. When I was leaving she made sure to remind me that the promo is good through the beginning of next month.
WM liquidation was another story. I went to two different locations and both times they immediately asked for ID and to see the card I was using. I was doing my usual $999.12 per MO and was only trying to buy one. Both said they were specifically told that they can’t accept Simon cards and that cards would have to have my name on them.
Ended up liquidating half of each card at my local grocery store and the other half, ironically enough, at WMNM.
I’m hoping this WM policy doesn’t apply to the GCM cards that I have coming.
WM liquidation was another story. I went to two different locations and both times they immediately asked for ID and to see the card I was using. I was doing my usual $999.12 per MO and was only trying to buy one. Both said they were specifically told that they can’t accept Simon cards and that cards would have to have my name on them.
Ended up liquidating half of each card at my local grocery store and the other half, ironically enough, at WMNM.
I’m hoping this WM policy doesn’t apply to the GCM cards that I have coming.
Now it will be a blast when telling my CSR friends at Wally that I need a $998.12 MO and will not need to split the transaction
