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I have been doing a bit of gift card reselling lately in order to manufacture spending and meet minimum spend on some new cards from a recent credit card churn
(SEE ALSO: Planning a November 2015 credit card churn)
Although my first forays into gift card reselling were a total disaster, I more recently have been taking advantage of a few deals on gift cards – trying to dip my toes back into the waters
Using TopCashBack to get a little extra when selling with Raise
TopCashBack had been offering $1.50 per gift card that you sold with Raise, which was a nice way to get a little bit of a bonus. I would caution against including this cash back in your calculations as to whether a deal makes sense or not, but it was a nice way to get a little extra
This was true up to and including this morning, as I am in the process of liquidating several gift cards I’ve had over the past few days.
But as of about noon Eastern time, I see that the gift card sale cash back has been CHANGED
Now the cash back amount is up to $1.59, but it’s only for gift card balances between $20 and $49.99
Bummer, but at least now I can take advantage of Raise’s bulk import feature instead of having to manually enter my gift cards one by one!