Wednesday, June 24, 2015

$50 TGI Friday Gift Cards for $40 - Small Reselling Opportunity

Disclaimer: I receive a referral commission for the following link(s) and I greatly appreciate supporting the site: Top Cashback and eBay

Via Doctor of Credit and Frequent Miler

eBay (via SVMGiftCards - very realiable seller) is selling TGI Friday $50 Gift Cards for $40 - Limit of 5. Limit of 5. 

According to Gift Card Granny, you can sell the cards for the same 80% to Gift Card Zen.

So, here goes the math.

Breakeven from reselling
  • 1.1% from Top Cashback - $2.20
  • 2% in eBay Bucks towards a future deal - $4 in eBay Bucks
  • 1-2.2% in credit card rewards - $4 if you use a 2% card
  • More savings if you have discounted eBay Gift Cards to use.  This is why you should proactively buy eBay Gift Cards even if you have nothing in particular to buy.
Check to see if you are targeted for increased eBay Bucks (up to 4x).

This is great if you want $10 for about 5-10 minutes of work or manufactured spending for credit card sign up bonus.

Keep in mind that the reselling price can fall, especially if a lot of people resell the same gift card at the same time.