Update 1 (5/20 12:26 PST): SaveYa has dropped their Target GC buy price down to 89.5%, ABCGiftCards is still at 90%, but it probably won’t last. Update 2 (5/20 12:30 PST): ABCGiftCards has dropped their buy price to 85%, always check the actually website before trusting Gift Card Granny Target gift cards have popped up […]
Category: Gift Card Arbitrage
20k Spending Challenge Update 1: $4,625 Spent After 2 Weeks
If you haven’t heard, I recently set out on a $20,000 spending challenge inspired by the $20k minimum spending requirement on the Amex Business Platinum. The goal of the challenge is to put gift card churning up against merchandise reselling to see what kind of profits and time investment come with each. I officially “started” the challenge […]
I’m Joining In On The $20,000 Spending Challenge
Vinh from Miles Per Day recently started his own $20,000 reselling challenge after applying for the Amex Business Platinum card that awards 150,000 MR after spending $20k in the first 90 days. $20k is way more than the average person spends in 90 days, so of course he was looking for a way to manufacture the spend […]
Three Months of Gift Card Arbitrage: Some Stats and What’s Next
After glancing all the way to the top of my ever growing excel sheet for my gift card business, I realized it’s been a full 3 months since I started. After Chasing the Points was kind enough to answer some of my questions about the field of gift cards around that time, I decided to […]
Giftcards.com Moving Gift Card Buying to SaveYa
I got into the gift card reselling game a few months ago and under the sage advice of Chasing the Points, I decided to try becoming a bulk seller. Glancing through the gift cards I had at the time and Gift Card Granny’s sell page, it looked like either Giftcards.com or SaveYa would be the best […]
Gift Card Arbitrage Opportunity: 20% Off Gap is Back at Safeway
As I detailed near the bottom of My Latest Get Rich Slow Scheme: Gift Card Arbitrage post, I recently took advantage of a Safeway “Just For U” digital coupon to buy Gap gift cards at 20% off. Ever since then, I have been checking my Safeway app on a regular basis to look for more deals. A […]
Making The Gift Card Business Official: Gift Card Ark LLC is born
I introduced my latest venture in My Latest Get Rich Slow Scheme: Gift Card Arbitrage and so far the business has been doing pretty well. Since I am making a profit (although small) by buying and selling gift cards, I will have to pay taxes on those profits at the end of the year, if not […]
More Troubles: A Rogue Cash Advance Fee on My Barclay Arrival+
Not long after writing about PayPal limiting my eBay gift card usage, I noticed a cash advance fee post to my Barclaycard Arrival+. After looking through my recent purchases, there was a single one that didn’t earn any rewards and must have been considered a cash advance. That item was a $144 purchase of eBay gift […]
Road Bump in the New Business: PayPal Limits eBay Gift Card Usage
As I explained in my last post, My Latest Get Rich Slow Scheme: Gift Card Arbitrage, I recently started buying and selling gift cards to make a little money and generate credit card miles and points. One of the places I buy gift cards is eBay and by using eBay gift cards to buy retail (non-eBay) […]
My Latest Get Rich Slow Scheme: Gift Card Arbitrage
Ever since I started paying close attention to my finances, looking for ways to further optimize them is usually near the front of my mind. As I mentioned my previous post, Financial Independence: An Introduction, the primary ways to do this are to cut out wasteful expenses, reduce the costs of the ones left, and look into generating […]