Home > American Express, Gift Cards > Get 1.88% cash back on no-fee Amex gift cards

Get 1.88% cash back on no-fee Amex gift cards

November 24, 2012 Leave a comment Go to comments

Note: I would not purchase these gift cards with Citi credit cards (because they might get coded as cash advances) or with Amex credit cards (because it might initiate a financial review).

If you’re not signed up for BigCrumbs.com, feel free to use my referral link (I do get a credit if you make a purchase through BigCrumbs).

Until Monday 11/26/2012, American Express is offering gift cards with no purchase fees, along with free standard shipping (on cards up to $200). In addition, BigCrumbs.com is offering 1.88% cash back on these purchases, up from 1.4% … just do a search for “American Express Gift Card” on the site.

If you are having trouble coming up with minimum spend for a credit card, Amex gift cards are a good way of fixing that problem. By purchasing an Amex gift card, you are “paying forward” your transactions to either meet a deadline for spending or to get points sooner.

If you purchase a card over $200, you can’t do standard shipping, but there are promo codes such as WRAP12P, which will give you free 2-day shipping. However, BigCrumbs.com T&C says that “Cash back is not offered on fee-free promotional codes.” In the end, if you are buying a $200 gift card, you are getting $3.76 cash back; if you buy a $3000 gift card, you earn $56.40 back. I would just go ahead and pay the already-discounted $3 shipping charge, since you come out ahead anyway with less risk.

The points world has fallen in love with prepaid cards and reloads, but those require fees that eat into your points earned. However, they are easier to unload through ATMs and Bill Pay. These Amex gift cards are more tough to unload, but if you can float this amount of money and can see yourself using them as gifts or methods of payments, it’s a good deal for spending on non-Citi/Amex credit cards (except maybe the Chase Ink family of cards, you’re better off purchasing gift cards with fees for 5x at office-supply stores).

  1. November 24, 2012 at 1:25 pm

    I notice they’ve killed the refferal rate its at .04% which is $1.20 on 3k. Thats a shame

    • Amol
      November 24, 2012 at 1:26 pm

      Which is why I don’t feel guilty putting my referral link up there, haha.

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