In a recent change Amazon.com is now allowing you to use your Gift Card Balance to purchase gift cards to hundreds of popular retailers, restaurants, and travel-related providers such as Hyatt Hotels and Southwest Airlines.
It’s a great way to liquidate balances lingering on your Amazon.com account. I usually have a big Amazon.com Gift Card Balance because of various 5x the points promotions – most recently from purchasing $1,000 worth of Amazon.com Gift Cards from Gas Stations during the Chase Freedom 1st Quarter. Also, from the American Express Offer for You last year where you could score $15 statement credit on your $60 Amazon purchase for virtually every eligible American Express card. Discover is also giving 5x the Cash Back at Amazon.com in the 3rd and 4th Quarters.
I decided to do a test purchase with an Amazon.com Gift Card Balance, using part of it to buy a $25 Gift Card at Panda Express:Since I am a Amazon Prime Member, and I am in no particular hurry to receive my Panda Express Gift Card, I chose the No-Rush Shipping and I will also receive a $1 promotional credit towards my next purchase or rental of Amazon Video, digital music, eBooks, apps, digital video games, or digital software. I often find that items with No-Rush Shipping from Amazon.com usually show up earlier than the advertised date.
If you are not a Prime Member, many of the Gift Cards have e-mail delivery, with most gift cards being delivered via e-mail in less than an hour.
I love this new feature allowing me to purchase gift cards with my Amazon.com Gift Card Balance, especially if I want send a quick gift card to a friend or even to myself. Are any of your favorite retailers or restaurants Gift Cards sold thru Amazon.com? Feel free to comment below.