Usually merchant gift cards are not great for manufactured spending because the volume is just too small. When I manufacture spend, I want it to be worth my time and look for opportunities where I get a large number of points/miles.
Sometimes, however, deals come along that present not just manufactured spend opportunities but also an opportunity to make money, usually in the form of rebates or cash back. That combined with the fact that you can earn points/miles when using the appropriate credit card makes it worthwhile for me, especially when the gift cards are from merchants I shop at.
Several opportunities are available right now that I find interesting/useful and will take advantage of personally:
- Nordstrom $100 gift card + $20 Amazon Promotion Code for $100. Use code: BTSNORD10 (note, you must enter code after selecting a payment method)
- Nordstrom Rack $25 gift card with $5 Amazon Promotion Code for $25. Use code: NORDRACK5. Note that the regular Nordstrom gift cards mentioned in the previous bullet can be used at Nordstrom Rack, and vice versa.
- Sephora $25 gift card with $5 Amazon Promotion Code for $25. Use code: SEPHORA5BB.
- Here’s a list of other gift cards available at a discount. Many others are for food, but I don’t think those are particularly useful.
In addition, there seems to be a new OfficeMax instant rebate of $15 on the purchase of $300 of MasterCard Gift Cards. I haven’t seen this advertised anywhere online, but people have mentioned it to me and I’m not surprised since they happen frequently.
These gift cards are PIN-enabled and if using your Chase Ink card, you can earn 5x points and effectively pay no fees (and actually make money). These deals have come around before, and as I stated last time, I think these types of deals are still the best way to earn miles/points today. Be sure to buy 2 $200 MasterCard gift cards for a total of $413.90, minus the $15 rebate for a total of $398.90. Make money and free points/miles!
If you need more help on liquidating these gift cards, see my posts on How to Use Gift Cards and Money Orders to Manufacture Spend. My favorite way to liquidate these smaller gift cards are still using Bluebird, but I have debated whether Redbird is superior or not.
Either way, these are good deals that I will be jumping on personally and I recommend to others as well. Note that there are other gift card deals on Ebay, but I personally find those to be less worthwhile.