I just got an email with an offer for 3x eBay bucks, good through Wednesday night (Aug 17th)
It may be targeted, though I also saw it directly on the eBay home page.
These types of promotional eBay bucks (along with portal cashback) are an integral part of my gift card arbitrage / reselling strategy
(SEE ALSO: Reselling $18,030 of gift cards (was it worth it?))
Gift cards possibly worth buying
Of course you can actually buy actual MERCHANDISE with your 6% eBay bucks but where’s the fun in that. I’ll be buying gift cards to hopefully resell. Here were a few that caught my eye
- $100 ITunes gift cards for $85 (sell at 68.5%)
- $100 Exxon card for $92 (sell at 87%)
- $100 BP card for $93 (sell at 89%)
- $100 Sears gift card for $88 (limit 3) (sell at 84%)
- $50 Cabelas gift card for $42.50 (limit 3) (sell at 76%)
Doctor of Credit has a listing of a couple of other cards on sale that might make sense.
Make sure to go through a shopping portal first. Although a variety of the cashback portals are offering around 1%, I personally went through the American AAdvantage shopping portal – their back to school promotion gives 1500 bonus miles for spending $750. I completed my shopping bonus, so I’ll essentially earn 3 AA miles for each dollar.
(SEE ALSO: 7500 shopping portal bonus miles ending as soon as tomorrow)
The Itunes and Sears cards are sold by Paypal Digital Gifts, so they should earn 5x on a Chase Ink card or other card that gives bonus points on office supply stores. The Cabelas card is not as great of a deal as it is sold at 85% but could be useful for meeting minimum spend when you consider eBay bucks and portal cashback.
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How much transaction fees do you have to pay to resell these cards? And do you ship them directly to buyers or to the Web-company that acts as an intermediary?
There are different ways to liquidate them. Check out GiftCardWiki for a listing of some of the exchanges