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15% Off Sears Gift Cards
Update: This deal has ended.
Last week Gift Card Mall was offering 10% off Sears gift cards on eBay. That put the price of $100 gift cards at $90 and $200 gift cards at $200. Today they have lowered the price even more.
Right now, they are selling $100 Sears gift cards for $85 and $200 gift cards for $170. That is 15% off of face value.
I wrote a couple of weeks ago how some people have had success buying $200 Visa gift cards with Sears gift cards. If you are able to do that, you will pay $176.95 for $200.
You can find the gift cards here. eBay does pay cash back through a few of the portals. Currently the most you can receive is an additional 1.5%.
I think this is a great deal if you can use Sears gift cards to purchase Visa/MC or merchant gift cards at your local store. (Only buy merchant cards if you know that you have a use for them) If you use a 2x card like the Arrival Plus (my review) then you can make even more.
There is also another option if you are looking to just get free spend. I wouldn’t recommend it, however you can sell the gift cards back to giftcards.com for 85% of face value, or what you paid for them.
While this deal isn’t for everyone, it is a decent way to manufacture spend at a negative cost. As always I suggest starting slow to make sure this deal works for you.
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.