Amex Offers Roundup & Analysis – Make Some Money
A number of new Amex Offers surfaced today that I think are interesting. You can find a full list over at Frequent Miler’s Quick Deals, but I just wanted to focus on the three best ones here. Lets look at the new Amex Offers for Best Buy, Chili’s and Zappos.
Best Buy Amex Offer
The Offer: Receive a $25 statement credit with the purchase of $250 or more online or in-store by 9/30/2015. Offer Terms
How to Load: You may be able to find this offer on your cards via the American Express website, however you can also load it to your synced cards via Twitter by tweeting #AmexBestBuy
How to Maximize: Best Buys around the country sell a variety of gift cards. The best way to maximize this is to find one that sells $200 Visa gift cards for $205.95. If you purchase two then you would spend $11.90 in fees, thus netting a $13.10 profit plus 413 points.
You may also be able to split tender and purchase 5 x $200 cards across 4 Amex cards. That would generate $100 in credits and $29.75 in fees. Doctor of Credit says this will work, however I have not tried it.
The $200 Visas purchased at Best Buy can then be loaded to Bluebird/Serve/REDbird and liquidated quite easily. Since this offer can be loaded on all of your Amex cards, you could potentially do quite well.
Chili’s Amex Offer
The Offer: Receive a $10 statement credit with the purchase of $30 or more at Chili’s by 9/7/15. Offer Terms
How to Load: You may be able to find this offer on your cards via the American Express website, however you can also load it to your synced cards via Twitter by tweeting #AmexChilis
How to Maximize: This is a fairly easy offer to maximize. If you go into Chili’s and purchase a $30 gift card then your cost will be $20. You can then turn around and sell that card to a number of resellers for $24. Not the largest profit, but free points and money nonetheless. Of course, this could also mean 33% off of food at Chili’s, Macaroni Grill, Maggiano’s or On the Border.
Zappos Amex Offer
The Offer: Receive a $40 statement credit with the purchase of $200 or more at Zappos.com by 9/3/15. Offer Terms
How to Load: You may be able to find this offer on your cards via the American Express website, however you can also load it to your synced cards via Twitter by tweeting #AmexZappos
How to Maximize: I have never purchased gift cards from Zappos, but I do believe that they will code properly to trigger this offer. With that said, it may be wise to run a test first. If gift cards do work, then you will net a 20% discount. You can then turn around and sell those cards for 80.5% as digital codes or a number of resellers will buy the physical cards for 80%.
Note: According to Points for Later, you can only resell physical gift cards, so make sure not to purchase Zappos eGift cards/codes.
Guide to Amex Offers
I don’t mention this enough, but I do a lot of work over at Frequent Miler. One of the guides I helped develop was a Complete Guide to Amex Offers. It has everything you need to know about loading and syncing offers, so feel free to take a look if you are newer to the hobby.
These three offers are very good overall. I think the Best Buy offer definitely has the most potential, however all three are potentially profitable and the Chili’s offer is alright for reselling but very good if you actually like to eat in their restaurants. American Express has continued to provide value with their Amex Offers program and for that I am grateful.