Simon Mall Makes Positive Change for Gift Card Buyers
Simon Mall is a popular source for gift cards. They make things easier as they now let you order online, have high limits, and they have large denominations such as $1,000 Visa gift cards. Simon Mall has become even more popular now that Gift Card Mall has limited their portal payouts.
But Simon Mall purchases have also raised red flags and have caused shut downs of credit card accounts. Mark wrote about several data points of Citi shutting down accounts possibly because of Simon Mall online orders. With the low fees involved in buying these gift cards, Citi DoubleCash is a popular choice. As you know that cashback can now be converted to ThankYou points if you have a premium Citi card.
Now Simon Mall has made a small change that seems to be a friendly move for gift card buyers. Whether intentional or not, Simon Mall gift card purchases are now coding differently. Instead of “SIMON GC”, it now codes as “SIMON MALL HO”. You can see the images below, provided by Travel on Points, which show receipts from August 5th and then September 28th.
— Travel on Point(s) (@TravelOnPoints1) October 7, 2020
Simon Mall has been a friendly gift card source, with reasonable fees. This latest change, coming after reported shutdowns, could be yet another helping hand for gift card buyers.
Let us know if you have been affected by similar shutdowns!