Gyft is one of my 7 easy and effective ways to earn 5X with my Chase Ink Plus and Cash cards. While I often purchase Amazon and other gift cards at them for face value, I do love when they have discount promotions. Today they are running a new deal that can be profitable! Let’s take a look.
The Offer
Get $10 off a $50 Nike Gift Card. Use code NIKEFIT at checkout to save $10. Offer ends 1/18/17.
Key Terms
- Promotional offer is only valid until 11:59PM ET January 18, 2017.
- Promotional code NIKEFIT must be applied at checkout to receive the $10 discount.
- Offer is only valid on a $50 or more Nike Gift Card purchased through Gyft. Promo code can be redeemed 3 times per household/account while supplies last.
- This promotion cannot be combined with other promotions.
- Valid while supplies last.
- The Nike Gift Card is only redeemable at U.S. locations of Nike and the Nike U.S. website.
Make A Profit
There is a limit of 3 cards per account/household, although in the past my wife and I have been able to each person our own up to the limit. On the purchase of 3 gift cards you should earn 600 Ultimate Rewards points plus you should be able to sell the cards for about 84% of their value according to Gift Card Wiki. Just make sure the company you plan to sell to accepts e-Gift cards.
If you sell the cards for 84% then you’ll make a grand total of $6 profit along with the 600 points. Not the greatest deal in the world, but if you already have a Gyft account, it should take all of about 2 minutes or so. If you are new to Gyft, be prepared for some security hoops and fraud prevention issues. Once you are setup it shouldn’t happen on future orders. Happy shopping!
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too bad, I get the message: “Sorry, this code is no longer valid because either the promotion period is over or we have run out of supply.”
[…] As a reminder, Gyft has a great and potentially profitable Nike gift card deal. I covered it here. […]
Tried this but it keeps saying transaction cancelled when I put it through PayPal. 🙁
Just wondering, can you check out directly using your ink card or would you go through PayPal like you would for PPDG?
As long as things have not changed, you need to use PayPal in order to earn the 5X. Paying directly doesn’t work.