For 24 Hours, you can get 2.25% cash back on Business Gifts Cards* from American Express® (Ends 8/20/2015 11:59 PM PST). *Please note: Business Gift Cards or Consumer Gift Cards over $200.00 are not eligible for cash back. (Only Gift Cards with $25, $50, $100, $200 denominations are eligible for cash back.) Unfortunately, you do have to buy in denominations of $200 or less to get the cash back which stinks because you used to be able to buy in bigger denominations to save on fees.
2.25% Cash Back On Amex Business Gift Cards Today
The key is to use a card that earns you benefits you can use. For me, it’s the Delta Reserve card to spend enough on the card in order to get the miles boost.
A quick look at this cash back monitor for American Express gift cards and you can see that the 2.25% cash back from TopCashBack is a decent offer if you are looking to hit some minimum spends.
The Math
Buy a $200 gift card + $3.95 fee = $203.95
Cash back (2.25%) = $4.50 so you are covering your fees on the gift cards and even making a little.
Each purchase of the gift cards at TopCashBack will be close to a net winner. Not as easy as it used to be when you could use your credit card to load directly to your Target Redcard, but those days are over.
Terms And Conditions
Please note: Business Gift Cards or Consumer Gift Cards over $200.00 are not eligible for cash back. (Only Gift Cards with $25, $50, $100, $200 denominations are eligible for cash back.)
Please note; there is a $10,000 limit on Consumer Gift Cards and $100,000 limit on Business Gift Cards per 14 days.
Please note; cashback is not eligible on the American Express PASS Card.
Please note; cashback will not be paid out on American Express denied orders.
Please note: eGift Card from American Express® is not eligible for cash back.
Please note that the use of a American Express® Gift Cards & Business Gift Cards promotional/coupon code not posted and approved by TopCashback, may affect your eligibility for cashback.
American Express® Gift Cards & Business Gift Cards Cashback is available through TopCashback on genuine, tracked transactions completed immediately and wholly online.
AMERICAN EXPRESS® GIFT CARDS & BUSINESS GIFT CARDS CASHBACK can be earned simply by clicking ‘Get cashback & visit retailer’ button through to the merchant and shopping online as normal.
Please note, only purchases made on American Express® Gift Cards & Business Gift Cards’s US site are eligible for cashback.
Bottom Line
Anyway you slice it, this limited time (expires today) offer for 2.25% cash back at TopCashBack is a nice little offer to pick up some American Express gift cards for a variety of reasons.
About The Weekly Flyer
The Weekly Flyer writes about travel from a business traveler perspective. He travels the world every week accumulating points and miles along the way.
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Please don’t act like this new $200 limitation by TCB is a good thing. At least let readers be aware that the general concensus is that other CB portals are much better allowing for $2k transactions still. Despite being at a much less %, the math is much better.
TCB = 200*2.25% = 4.5-3.95 = $0.55/200 = 0.275% paltry gain
BF = 2000*1.5% = 30-3.95 = $26.05/2000 = 1.3025% gain which is still weak but always available up to 2k denominations. Also, neither of these calcs accounts for the shipping fee, which can be substantial depending on how you do it.
We may still have other opts for 2% or 2.2% elsewhere occassionally. TCB is useless now and should not even be considered until the T&C change.
Sorry for the typo.