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so I pay $190 to get illiquid $200.. the only way to get money out is a 2.75% fee /// so I make like $4.50 per $200? seems like a shit deal.
There are data points online of people being able to add the balance of the Amex gift cards to their Venmo accounts for no fee. Some have added to account, sent money to spouse or friend, and spouse/friend transfers back to their bank account.
Could also use to make actual purchases in categories that typically aren't covered by a credit card bonus category, in which case you earn effectively 5% back
Not a horrible deal but nothing incredible given the work required
There are data points online of people being able to add the balance of the Amex gift cards to their Venmo accounts for no fee. Some have added to account, sent money to spouse or friend, and spouse/friend transfers back to their bank account.
Could also use to make actual purchases in categories that typically aren't covered by a credit card bonus category, in which case you earn effectively 5% back
Not a horrible deal but nothing incredible given the work required
You can only add 3 cards to venmo in 6 mo. Vemo charges a fee. what's the point?
so I pay $190 to get illiquid $200.. the only way to get money out is a 2.75% fee /// so I make like $4.50 per $200? seems like a shit deal.
Quote
from dogeatdog
:
You can only add 3 cards to venmo in 6 mo. Vemo charges a fee. what's the point?
It is 6 cards in a rolling 6 month period, and it is no fees. When you add the card, check the box that says to use this card when there are no funds in your Venmo account and it will clearly say "no fee."
It is 6 cards in a rolling 6 month period, and it is no fees. When you add the card, check the box that says to use this card when there are no funds in your Venmo account and it will clearly say "no fee."
This alone can be a good way to manufacture spending if you recently signed up for one of the credit cards and are having trouble reaching the spend threshold. For example the Blue Cash Preferredcard featured on Slick Deals.
In addition to this deal, which expires Dec 4th. Most AMEX customers should find the following offer in their AMEX Offers and Benefits section.
American Express Gift Cards
Spend $200 or more, get $10 back
Valid online only at www.americanexpress.com/gift. Not valid for in-store purchases. Excludes purchases made at third party websites. Excludes Logo Gift Cards and Gift Cheques. Excludes Prepaid Reloadable Cards. Not Valid on Orders over $100,000. Offer not valid for any purchases made by using American Express Membership Rewards® points. See merchant website for shipping policy. Some merchants may not ship to all areas. If you order an item during the offer period but it is not provided until after 12/31/2016, it may not count towards determining whether the purchase qualifies for the offer. Use Gift Card only at US merchants that accept American Express® Cards, except cruise lines and recurring payment. No ATM use. Funds do not expire. Not redeemable for cash, except where required by law. Additional limitations apply. See Cardholder Agreement for complete details. Gift Card is issued by American Express Prepaid Card Management Corporation. Must add offer to Card and use same Card to redeem. Limit 1 statement credit(s) per American Express® Card across all American Express offer channels. Statement credit will appear on your billing statement within 90 days after 12/31/2016, provided that American Express receives information from the merchant about your qualifying purchase. Note that American Express may not receive information about your qualifying purchase from merchant until all items from your qualifying purchase have been provided/shipped by merchant. Statement credit may be reversed if qualifying purchase is returned/cancelled. If American Express does not receive information that identifies your transaction as qualifying for the offer, you will not receive the statement credit. For example, your transaction will not qualify if it is not made directly with the merchant. In addition, in most cases, you may not receive the statement credit if your transaction is made with an electronic wallet or through a third party or if the merchant uses a mobile or wireless card reader to process it. By adding an offer to a Card, you agree that American Express may send you communications about the offer. POID: CD72:0001
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Gift Card(s)$200.00
Purchase Fee(s)$3.95
Shipping$0.00
Total$203.95
Any idea why?
Edit: nvm. Worked when choosing Business Gift Cards
Had the offer on 2/3 cards, so $20 for free, thanks AMEX.
Could also use to make actual purchases in categories that typically aren't covered by a credit card bonus category, in which case you earn effectively 5% back
Not a horrible deal but nothing incredible given the work required
Could also use to make actual purchases in categories that typically aren't covered by a credit card bonus category, in which case you earn effectively 5% back
Not a horrible deal but nothing incredible given the work required
No Purchase Fees and Free Expediated Shipping using Code CYBER16 or CYBERML
This can be combined with the Spend $200+ and get $10 Off Amex offer if have it added on your card.
http://americanexpress
Offer Expires on 12/4/16
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americanexpress.com/gift [americanexpress.com]
Use code: CYBER16 at checkout
This alone can be a good way to manufacture spending if you recently signed up for one of the credit cards and are having trouble reaching the spend threshold. For example the Blue Cash Preferredcard featured on Slick Deals.
In addition to this deal, which expires Dec 4th. Most AMEX customers should find the following offer in their AMEX Offers and Benefits section.
American Express Gift Cards
Spend $200 or more, get $10 back
Valid online only at www.americanexp
Sign up for a Slickdeals account to remove this ad.