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American Express Gift Cards Will No Longer Earn Cash Back Through Portals

Shawn Coomer
Shawn Coomer

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Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Links in this post may provide us with a commission.

Gift Cards American Express®

American Express Gift Cards & Cash Back Portals

According to Frequent Miler, American Express gift cards will no longer offer cash back through portals. The news comes just about a week after Gift Card Mall began blocking the use of American Express gift cards to purchase Visa gift cards.

This could be the last straw for those who manufactured spend with Amex gift cards. It used to be possible to earn a hefty profit by buying Amex gift cards through a portal and then either buying Visa gift cards in a store like CVS or on Gift Card Mall. The Visa cards could then be loaded to Bluebird or used to buy a money order.

According to Greg’s post, cash back may still be available for purchases made until Midnight Eastern tonight at Big Crumbs. This is just a good reminder that the manufactured spending space is constantly changing and it is important to utilize a number of strategies to achieve your goals!

 

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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Shawn Coomer
Shawn Coomerhttps://milestomemories.com/
Shawn Coomer earns and burns millions of miles/points per year circling the globe with his family. An expert at accumulating travel rewards, he founded Miles to Memories to help others achieve their travel goals for pennies on the dollar. Shawn also runs a million dollar reselling business, knows Vegas better than most and loves to spend his time at the 12 Disney parks across the world.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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At Miles to Memories we share the best tips, tricks and deals plus travel rants, musings, hotel, airline and loyalty program reviews and a lot more! Our goal is to help people save money so they can get out there and travel the world! Through our various blog posts, podcasts & videos we teach others how to maximize loyalty rewards, hotel & airline programs and credit cards to achieve amazing things.

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