Moneymaking Opportunity – Starbucks Gift Cars

Cardcookie is listing Starbucks cards at 15% off again which I think is a solid deal and deserves attention.  If you wanted to sell these on Raise they trade for around 3% off which after selling fees is a return of about 5% using a 3% cashback card.

Link to Offer

**At this point it looks like the 15% cards have sold out but I would keep an eye

Fee Free Staples Visa Gift Card $200 + 5x on Chase Ink

Staples is offering a $200 Visa gift card with no purchase fee (savings of $6.95) in store only between 9/2/18 – 9/8/18.  Maximum 1 per customer.

This is an easy way to earn 1,000 Ultimate Reward points with the Chase Ink Cash card which are worth $15 in travel when paired with the Sapphire Reserve.

The key here is being able to liquidate these cards.  I like to load them into paypal and buy gift cards to some of my favorite vendors, then I typically use or sell those gift cards.  Don’t forget Ebay takes paypal and is also a good site to buy discount gift cards via paypal digital gifts.

Ebay Gift Cards For Sale

Moneymaking Opportunity -Barnes and Noble Gift Cards

Cardcookie is currently offering Barnes and Noble cards at 17% off

Link to Offer

I have never tried buying or selling these cards but plan to list on Raise which are being offered at around 5% off.  This could be a profit opportunity of over 5% using my 3% cashback Alliant card.  I will update on how this goes or if I can sell them.

**Update – I have already sold these on Raise (2 hours later).  They list these immediately.

Gyft Promo $60 in Nike Cards for $50 + 5x Chase Ultimate Rewards

Another solid Nike gift card deal from Gyft 

https://www.gyft.com/

The Offer

Buy a $50 Nike Gift Card and get a Bonus $10 Card with the code NIKEAUG.

Key Terms

  • Promotional offer is only valid until 11:59PM PT August 31, 2018.
  • Promotional code NIKEAUG must be applied at checkout to receive the $10 bonus card.
  • Offer is only valid on a $50 or more Nike Gift Card purchased through Gyft.
  • Promo code can be redeemed 5 times per household/account while supplies last.
  • This promotion cannot be combined with other promotions.
  • Valid while supplies last. 
If you want to sell these on Raise I am seeing them trade around 9-10% off which after seller fees would net you around 4-5% profit or around $10.00 in travel when using the promo 5 times.

Moneymaking Opportunity – Buying Forever 21 cards from GiftCardBin

 

Anytime I see Forever 21 cards at 17% off I grab them.  Cardcash has recently raised prices on them to abround 11% so that has been unfortunate.  However, GiftCardBin is in the game now offering the cards at 17% off.  I can flip these on raise for between 6-7% for a return of around 3.82% or $6.35 using my Alliant 3% cashback card.

Link to Deal

Moneymaking Opportunity – Buy Home Depot Card on Swych (5x on Chase Ink)

 

Swych is offering 10% off all gift cards using promo code extra10 (one time use up to $200).  Use your Chase Ink Cash via paypal to get 5x ultimate rewards and buy a $200 Home Depot card for $180 and you can unload this on Raise.com for about 0.50% off.  HomeDepot cards trade very well on Raise for low discounts.  After seller fees I am seeing a profit of around 6.35% or $11.43.

Not bad!

Plastiq no longer earning 3x on Chase Ink Preferred

This is a complete bummer, reports have indicated that Plastiq is no longer earning the 3x multiple when using the Chase Ink Preferred Business card.  I was able to generate about $1,200 per year paying my rent this way so it is a huge personal loss for me and I would imagine others have well.

In June The Points Guy published an article about someone who bought a $60,000 Tesla with Plastiq using the card which likely caught Chase’s eye.  This is an unfortunate development.