Up to 25%+ Off Sears Gift Cards on eBay: Stack Deals, Earn 5X (Many Opportunities)

Sears Gift Card Deal

A few people approached me this weekend asking about gift card reselling. They aren’t necessarily interested in doing it full time, but just occasionally. I told them it is good to hone your skills on no-brainer type deals. In my opinion, today’s Sears gift card deal on eBay is one. Let’s look at why.

The Offer

• Buy a $100 Sears gift card for $88. Limit 3.

Reselling Opportunities

If we look at Gift Card Wiki, we can see that these cards can be sold for 84% of their value right now. That seems like a loss on the surface, but actually it isn’t. That is because there are a number of ways to save even more. I purchased three of these cards and earned:

• 5X Ultimate Rewards points by paying with a Chase Ink card.

• 8% in eBay Bucks (targeted offer). Non-targeted members earn 2%.

• 1.3% cashback through the iConsumer portal. (Note: This could also be a way to get a bonus under the Southwest, AA, United or Alaska portal bonuses.)

So let’s see what my true cost is. I personally value Ultimate Rewards a bit higher, but like to use a value of 1.5 cents each on this site to be conservative. My earnings on the purchase of three cards are:

• 1,320 points @ 1.5 cents each: $19.80
• 8% in eBay Bucks: $21.12
• 1.3% cashback: $3.43

So my final cost after subtracting out those rebates is $219.65. That is a discount of $80.35 or 26.78% off face value. That is good but I sort of look at this another way. There are cash and there are points. Since I am going to hypothetically sell these cards for 84%, what will I have in the end?

The answer is a profit of $12.55 (portal and eBay Bucks) and 1,320 Ultimate Rewards points. A win any way you slice it.

Other eBay Discounted Cards

Whenever there is an eBay Bucks promotion I always look for other deals and there are some other discounted gift cards, although none nearly as good as this one. You can find a full list of discounted gift cards here.

Conclusion

For those who have been reading Miles to Memories for awhile perhaps this was a boring exercise, but I hope I explained things well for those who are a bit newer to the game. There are of course other uses for Sears gift cards and Frequent Miler has a great resource explaining all about them. In the end, this is a good deal for many reasons and it is a deal I suspect many of you will benefit from. Happy shopping!

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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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.