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Negative Cost MS on eBay – $100 BP Card for $90 & A Full Breakdown

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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.

ebay manufactured spending

eBay Gift Card Negative Cost MS

Today SVM Gift Cards is selling $100 BP gas gift cards for $90 on eBay. Although this is only a 10% discount and we routinely see gift cards discounted more than that, this is a fantastic deal. Let me tell you why!

The Deal

  • Purchase a $100 BP gift card for $90.
  • Limit 3 per user id

Remember you also earn 2% back in eBay Bucks and can earn 1.1% through either Top Cashback or BeFrgual. (Personall referral links.)

Why This Is Good

Any time you see gas gift cards available at a discount, then it is always something worth looking at. Everyone needs gas and thus their cards tend to not be discounted as often. This in turn means that gift card resellers will purchase them at a very high rate. For example, these cards can be sold for 91.5% of face value.

The Math

  • Cost of 3 gift cards: $270
  • Sale Price (91.5% of face value): $274.50
  • eBay Bucks earned: +$5.40
  • Portal cashback: +$2.97
  • Cost of postage: -$3
  • Profit: $9.87 + credit card rewards

Stacking Deals

ebay manufactured spending

Last week I talked about purchasing eBay gift cards at a discount when they are having a sale. For example, I picked up 2 eBay $100 gift cards for $95. These were on sale from Paypal Digital Gifts, so I earned 5x Ultimate Rewards with Chase Ink. Since I used those two gift cards today for this deal, here is how the math works out for me.

  • Cost of 3 gift cards: $270
  • Paid with 2 eBay $100 cards and $70 on a credit card.
  • My out of pocket cost: $260
  • Sale Price (91.5% of face value): $274.50
  • eBay Bucks earned: +$5.40
  • Portal cashback: +$2.97
  • Cost of postage: -$3
  • Profit: $19.87 + 950 Ultimate Rewards points + $70 in rewards on credit card used to pay the overage.

Note you could get even more complicated by buying eBay gift cards for the overage through a site like Gyft who pays 2% from a portal. That would increase your profit, but adds to the complication and eBay gift cards can take up to 4 hours to activate, meaning you could miss out on the deal.

Conclusion

The key thing here is that the entire process of buying and selling these gift cards takes only a few minutes. Even without the discounted eBay gift cards, you can make a $10 profit and manufacture $270 in spend. Everyone is always looking for fee-free ways to MS and this is definitely one of them. Of course you could just use the cards for 10% off gas as well!

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.
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.

8 COMMENTS

  1. Do you ever have problems purchasing through PayPal Digital Gifts? It will never let me complete the transaction. Would love to get my hand on some of those discount eBay GC when they are available…

    • I don’t personally, but I know some people who do. You can try opening a new account, but just make sure you don’t purchase from two accounts in your name or you can get banned.

  2. Yes, you can use BP gift cards at Arco. And get the cash price and not have to deal with the per-transaction debit charge.

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