Chase Ink 5X Gift Cards
I am a big fan of my Chase Ink Plus & Cash cards. Back in the old days of free flowing MS I used to earn 5X Ultimate Rewards at office supply stores by purchasing Visa and Mastercard gift cards and liquidating them to Bluebird/Serve to pay my bills. That avenue has become tougher and while I still buy the occasional cards during a deal, I don’t do it nearly as often.
Just because Visa/MC purchases are down, I still HIGHLY value my Ink cards, because my points earning strategy has evolved. In addition to paying my cell phone/internet bills, I purchase merchant gift cards with my Ink cards.
Specifically, the following methods earn 5X with Chase Ink:
- Purchasing discounted gift cards from PayPal Digital Gifts on eBay and paying with Ink through PayPal.
- Purchasing gift cards from Gyft and paying with Ink.
- Purchasing discounted gift cards during sales at office supply stores like Staples.
A Dead Opportunity
One other opportunity that I used often was purchasing discounted merchant gift cards from CardCash. Since I could get a discount off of face value and earn 5X points, it was a win/win opportunity. Unfortunately that deal died and we found out last month that purchases from CardCash are only coding as 1X. So what to do?
A New Opportunity
Update: Gift Card Mart has reached out and asked that I convey the following, “We have VERY VERY (x10000) strict anti-fraud measures and every single first-time buyer will go through a first-time customer Order Verification and pass a Knowledge Based Authentication quiz.”
Fortunately a new gift card reseller is now coding as 5X or at least they are supposed to. Gift Card Mart is supposedly now coding as 5X with a Chase Ink. This is a smaller gift card reseller and I haven’t yet tested if this is working, but I believe it will and will be doing a test soon myself.
If you haven’t heard of Gift Card Mart before and are nervous about buying from them perhaps I can help. I CAN say that I have personally done business with them and generally trust them. With that said, I want to make it clear that I don’t endorse nor do I vouch for them as a company. I personally feel fine buying from them, but that is just me personally.
I am always happy to find another source of 5X earning, especially when it comes to buying discounted gift cards. I purchase a lot of gift cards for both personal and business use and being able to rack up both discounts and rewards is important. Feel free to share your experiences with Gift Card Mart and/or 5X data points in the comments!