Top 5 Options for PPDG Purchases Going Forward
PayPal Digital Gifts used to be a mecca of point production. You could rack up 5X Ultimate Rewards with ease, reselling discounted gift cards sold on PPDG’s website or on eBay. If you didn’t have a Chase Ink credit card then you could still earn 3X ThankYou points with the Citi AT&T Access More card until recently.
Well both of those options have since gone kaput. If you are lucky enough to still have a older Mastercard version of a Chase Ink card then you are still able to earn 5X Ultimate Rewards points. Well until April 30th, 2018 when they all get changed over to Visa cards at least.
Best Options for PPDG Orders
This list will be based on projected return rates. Please plug in your own values and make any adjustments to the list as needed to match your needs.
A card with minimum spend remaining will always bring you the largest return but this is a list of cards that you can use long term for the purchases.
American Express Blue Business Plus
The American Express Blue Business Plus comes in at #1 on the list. This card is fairly new and is a favorite of many. The Amex Blue Biz Plus earns 2 Membership Rewards points per dollar, everywhere! That is about as solid as it gets these days.
Most people value Membership Rewards points in the 1.5-1.8 cent range. That pegs the return on PPDG purchases at 3-3.6%. Make sure to plug in your own valuation of MR points into the calculation to see if it would be the best card for you.
One thing to consider is that Amex’s RAT team has been cracking down on gift card purchases and refusing to issue points on such purchases. This has been with Visa gift card purchases so far. There have been no reports on 3rd party gift card purchases having the same issue, but it is something that could change in the not too distant future.
2. Alliant Cash Back Card
Next on the list is the Alliant cash back card from Alliant Credit Union. The card earns a very solid 3% on ALL purchases within the first 12 months. It drops down to 2.5% after the first year which would still put it very high on the list.
3% 1st Year
3. Bank of America Premium Rewards
This would actually jump to second on the list after the first year of Alliant card membership. With the BOA Premium Rewards card plus Platinum banking status you can earn 2.625% back on all purchases. The entry level is high though…needing $100,000 tied up in Bank of America accounts. Merrill Lynch investment accounts are included which will open the doors for some.
4. Chase Freedom Unlimited or American Express Everyday Preferred
Both of these cards have the ability to earn 1.5 points per dollar. The Chase Freedom Unlimited earns it on every purchase. The American Express Everyday Preferred earns 1.5 points per purchase after you make 30 purchases within your billing month. Most people value Ultimate Rewards and Membership Rewards points at a minimum of 1.5 cents per point…giving these cards a minimum return of 2.25%.
At Least 2.25%
CLICK HERE to compare this and other travel credit cards
5. 2% Cash Back Cards
Rounding out the list is the plethora of 2% cash back earning cards. If you want to pair up this opportunity with a sign up bonus then nothing beats the Capital One Venture card’s offer of 50,000 points (worth $500) right now.
If you want a downgrade option than I recommend the Citi Double Cash since it comes with no annual fee. I downgraded my Citi American Airlines card to the Double Cash when the annual fee came up.
These are the 5 best options for PayPal Digital Gifts purchases going forward. They are not as good as the 5X Ultimate Rewards earnings of the past, or the 3X ThankYou points, but they still offer a solid return on that spend.
Let me know if there are any cards I missed that you think should be added.
What do you currently use for PPDG purchases?