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Questions & Answers from the Miles to Memories Facebook Group
As I wrote about a couple of weeks ago, I recently launched a Miles to Memories Facebook group which has now grown to nearly 600 members! Much of what is mentioned in that group is to stay there, but recently I have seen a few questions that I feel can be answered in a blog post to help others out. Feel free to join the group if you are interested in learning more!
Banned by SaveYa
A couple of people have reported being banned by SaveYa after selling gift cards that were purchased from one of eBay’s daily deals. These people are not bulk sellers, but they have been told:
Our compliance partner has viewed your account information and determined a block on your account has been placed and cannot be removed. We are not able to accept new orders from your account going forward.
Yikes! That is really bad considering the cards sold were not second hand. Has anyone else run into this problem? Have you been able to find out exactly what is causing these shutdowns? I have always had good experiences with SaveYa but I am a bulk seller and thus I want to know what you guys are experiencing before I recommend them for a deal, etc. Thanks!
Seperate Amex Platinum Offers
American Express has moved to “once per lifetime” bonuses on each of their products. Someone asked if the Ameriprise and regular Platinum cards were considered the same product. Thankfully they aren’t and thus you should be able to get the bonus once on each flavor of Platinum card. Something I think not enough people know about, but considering there are a limited amount of Platinum cards, the sky certainly isn’t the limit.
Buying Gift Cards to Meet Minimum Spend
Someone asked about how hard they should go when buying gift cards with a newly acquired card in order to meet minimum spend. As in, how much is too much. The answer to that certainly varies by bank (this person was asking about Barclaycard), but there are a few general things to keep in mind:
- Your spending should be in line with your income.
- If you have no previous relationship with the bank then it may pay to ramp up your spending.
- If you have a long history with the bank, it is probably less of an issue.
- Use common sense, especially if you have time to spread out your spending. No need to rock the boat.
These topics are just the tip of the iceberg (there are close to 100 posts so far) as to what is being discussed in the Miles to Memories Facebook group. I personally am answering as many questions as possible, but thankfully other members are really doing a great job of creating a discussion and I am so glad to be apart of it! Feel free to join us!
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