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More Gift Card Resale Follies
Over the past few months as I have really stepped up my gift card churning activities, I have run into a number of issues. Some of them were too small to mention and others were annoying enough that I thought it was worth sharing with others.
For example last week I shared how Gift Card Zen left me in limbo for a couple of days before cancelling a sale because they had already bought too much of a certain type of card. I’ve also shared about receiving bad gift cards and why it generally is not smart to buy from one exchange in order to sell to another.
The Blank Gift Card
Today though something happened that sort of left me speechless. I noticed that a gift card exchange was selling a single $100 Anna’s Linen’s gift card for $50. Anna’s Linens is in bankruptcy in case you didn’t know, hence the very low value. Anyway, I decided to buy it, because another exchange would purchase it at a higher rate.
Yes, this goes against my own advice and I normally don’t do this type of arbitrage, but this was only one card and I thought it couldn’t hurt. So I bought the $100 card, received a receipt and about an hour later the eGift card came in my email. When I opened the PDF this is what I saw:
No you aren’t blind and the gift card number and pin aren’t in a white typeface. They sent me a PDF with an empty gift card. No number. No pin. Just empty.
So I emailed this gift card exchange with the subject: URGENT and they responded within an hour. Their response was that it was a mistake and it would take 3-5 business days to refund my credit card. Now I really don’t care in the grand scheme of things, but 3-5 days? WOW!
This is just another reason why it really is stupid to buy gift cards from one exchange to sell to another. So much can go wrong, even if it is something stupid like this. While I have experienced fraud and received gift cards with $0 balances, this is honestly the first time I can say they simply sent me a blank. Good job alphabet exchange!
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.