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Top Cashback & eBay Bucks = Great Deals!
Today is a great day if you like to shop on eBay. Top Cashback has increased their payout for today only to 2.5% with no limit! Additionally, eBay has targeted many people with a 4X (8%) eBay Bucks promotion. Combined that amounts to over 10% off the very low prices.
Gift Card Arbitrage
For those of you who like to generate a little spend through buying and selling gift cards, there are a number of deals that are profitable. For example, SVM Gift Cards is selling a ton of $100 gas cards for $95. These cards can be sold for 87%-90% of face value. Let’s look at an example:
- 3 X $100 BP Gift Card: $285
- 8% in eBay Bucks: – $22.80
- 2.5% from TCB: – $7.13
- Total Cost: $255.07
- Sell for 90% to SaveYa: $270
- Total profit: $14.93
Yes these deals used to be much better when the cards were being sold for $90, but there is still some opportunity to generate spend and make a few dollars. Since SVM has a ton of different brands on sale as well, you can scale this up quite nicely. There are also some profitable non-gas cards available as well which possibly could be sold online without having to mail in the physical cards.
While I won’t be telling you exactly what to purchase, if you are into reselling on Amazon then there are some fantastic deals today. Just remember that you are limited to $100 in eBay Bucks per transaction and $500 per quarter. You can also break up large purchases to get around the $100 cap, but once you hit $500 earned, the eBay Bucks gravy train stops until April.
There are some great opportunities to earn a few bucks and manufacture spend whether or not you want to get complicated with merchandise or keep it simple with gift cards. After today both mine and my wife’s accounts will be pretty much maxed out on eBay Bucks which will make for a painful March I’m sure. Happy shopping!
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.