Simon Mall Gift Cards (2019 onwards)

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Old May 20, 20, 11:04 pm   -   Wikipost
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$1000 gift cards to be available indefinitely. Notified by Simon Mall spokesperson on Dec 26 2019. ($1k cards are temporarily not available anymore at many Simon malls as of March 2020)
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Old Jan 2, 20, 5:30 am
  #736  
 
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Originally Posted by deker0 View Post
Here's the relevant text:

Use of general-purpose reloadable prepaid cards grew by more than 50 percent between 2012 and 2014, with some 23 million adults regularly using them.84 Many of these cards effectively serve as a replacement for a checking account, but without checks. When prepaid users need to make a paper-based payment, many turn to money orders. The Postal Service could negotiate discount agreements on money orders with prepaid card companies that encourage their customers to use postal money orders — similar to the postage discounts regularly negotiated with high-volume shippers.85 These agreements may require approval by the Postal Service Board of Governors and the Postal Regulatory Commission. The prepaid provider would benefit by being able to offer their customers a new service and by ensuring that their customers use their prepaid card to purchase money orders; prepaid users would benefit by paying less for their money orders; and the Postal Service would benefit by becoming the paper-based payment provider of choice for many users of prepaid cards.




What a game changer that would be if they followed through with that.....
Yet they went the opposite direction and banned the use of prepaid debit cards completely from their system.

So there must have been something else that dissuaded them from implementing the above approach.
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Old Jan 2, 20, 7:44 am
  #737  
soy
 
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Originally Posted by danhouston View Post
so, do citi CCs still work, or only the DC card?
I have never had any problems using any of my Citi MC's at Simon. Just got the DC, so plan on trying that in the near future also

Other posters have mentioned fraud alert issues with citi cards at Simon, but that must be account specific as it has never happened to me.
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Old Jan 2, 20, 9:59 am
  #738  
 
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Originally Posted by radonc1 View Post
Yet they went the opposite direction and banned the use of prepaid debit cards completely from their system.

So there must have been something else that dissuaded them from implementing the above approach.
Yeah, I'm not sure what could have prevented them from moving forward - perhaps the federal gov't didn't approve it due to potential for fraud? Either way, if money orders are so profitable for them and they are currently operating at a huge loss annually, approaching prepaid debit card vendors and negotiating a deal would have greatly helped their bottom line.
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Old Jan 2, 20, 11:41 am
  #739  
 
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Originally Posted by radonc1 View Post
Yet they went the opposite direction and banned the use of prepaid debit cards completely from their system.

So there must have been something else that dissuaded them from implementing the above approach.
I never used USPS, but there is a difference between the reloadable debit cards and the non-reloadable ones (VGCs). Do we know for a fact that the reloadable ones (GoBank, Serve, NetSpend, etc) are actually banned @ USPS?
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Old Jan 2, 20, 12:08 pm
  #740  
 
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Originally Posted by shadow520 View Post
I never used USPS, but there is a difference between the reloadable debit cards and the non-reloadable ones (VGCs). Do we know for a fact that the reloadable ones (GoBank, Serve, NetSpend, etc) are actually banned @ USPS?
This was going to be my question. Load a few Simon Mall gift cards to GoBank or Bluebird, then go get a MO from USPS.
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Old Jan 2, 20, 12:25 pm
  #741  
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Originally Posted by History05 View Post
This was going to be my question. Load a few Simon Mall gift cards to GoBank or Bluebird, then go get a MO from USPS.
why would you travel to the PO to spend $1.70 for a MO, then go to your bank to deposit it instead of just withdrawing directly to your checking account? Are you in to self torture? Just like to make things difficult for no reason?
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Old Jan 2, 20, 12:37 pm
  #742  
 
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Originally Posted by beast7276 View Post
why would you travel to the PO to spend $1.70 for a MO, then go to your bank to deposit it instead of just withdrawing directly to your checking account? Are you in to self torture? Just like to make things difficult for no reason?
To help avoid the chances of a Bluebird shutdown. We don't know exactly what triggers the BB/Serve shutdowns, but if all you're doing is loading to the card and then withdrawing to a bank once a month, that to me seems like a reason for a possible shutdown. Especially considering one of the reasons for BB/Serve existence is for those who don't want/can't have a bank account.
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Old Jan 2, 20, 1:19 pm
  #743  
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Originally Posted by History05 View Post
To help avoid the chances of a Bluebird shutdown. We don't know exactly what triggers the BB/Serve shutdowns, but if all you're doing is loading to the card and then withdrawing to a bank once a month, that to me seems like a reason for a possible shutdown. Especially considering one of the reasons for BB/Serve existence is for those who don't want/can't have a bank account.
Do you what level the USPS is? If its like WM then they will know that you purchased MOs and that will lead to a shut down as well.
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Old Jan 2, 20, 2:20 pm
  #744  
 
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Originally Posted by radonc1 View Post
Yet they went the opposite direction and banned the use of prepaid debit cards completely from their system.

So there must have been something else that dissuaded them from implementing the above approach.
I assume they only banned VGC and MGC (MS community), didn't ban reloadable prepaid card with a person's name on it. MS folks with VGC/MGC hold up the line buying MO which interferes with regular USPS business. their 35% MO profit margin should come from folks not depositing MOs. banning VGC/MGC doesn't impact their profit at all, they never made money from MS community.
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Old Jan 2, 20, 3:18 pm
  #745  
 
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Originally Posted by History05 View Post
This was going to be my question. Load a few Simon Mall gift cards to GoBank or Bluebird, then go get a MO from USPS.
Bluebird won't work because it doesn't have a PIN that can be used at POS
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Old Jan 2, 20, 6:45 pm
  #746  
 
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Rogue employee

I have a specific employee at Simon mall kiosk that almost never have any 1000 denomination cards but when I have visited at other times when kiosk is manned by another employee they usually do. When I call in before arriving at mall and that employee picks up, will say all out of cards. Doesn't happen with other employees.

Which inference is more likely?
1) small sample size (less than 30), likely random coincidence
2) cards have become hot commodity and too many people chasing not enough cards stocked in kiosk from back office
3) said employee has a side business of buying the cards or giving only to "preferred customers".
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Old Jan 2, 20, 6:47 pm
  #747  
ogg
 
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4) That employee doesn't like you.
danpeake and Steve in Olympia like this.
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Old Jan 3, 20, 4:32 am
  #748  
 
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5) That employee is LAZY and just doesn't want to do it.
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Old Jan 3, 20, 4:41 am
  #749  
 
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Originally Posted by coolguy100 View Post
I assume they only banned VGC and MGC (MS community), didn't ban reloadable prepaid card with a person's name on it.
It's software-based, I've heard they banned a number of BINs.
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Old Jan 3, 20, 6:55 am
  #750  
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Originally Posted by History05 View Post
To help avoid the chances of a Bluebird shutdown. We don't know exactly what triggers the BB/Serve shutdowns, but if all you're doing is loading to the card and then withdrawing to a bank once a month, that to me seems like a reason for a possible shutdown. Especially considering one of the reasons for BB/Serve existence is for those who don't want/can't have a bank account.
LOL - keep on keeping on! Question for you - is Arianna your favorite blogger?
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