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
Forever 21 cards are back at a deeply discounted rate of 17% off from GiftCardBin. I am usually able to sell these at around 7% and after seller fees this is around a 5% profit.
Link to Offer
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
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.
Another solid Nike gift card deal from Gyft
Buy a $50 Nike Gift Card and get a Bonus $10 Card with the code NIKEAUG.
- 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.
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
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.
Some days are better than others, I have scoured discount card sites and have found very few arbitration opportunities. Maybe after labor we will see some more specials from different outlets, hopefully its just some temporary summer doldrums….
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.
GiftCardSpread is offering an additional discount of $4 with a $100 purchase. I like GiftCardSpread and find them to be a reliable seller.
Use Code GET100