Amex Offers Discussion Thread

[Dan]

6.95

Anyone want to check my math?

So 3 x 500 means making 3 transactions and getting $1,500 for $1,520.85=$1,270.85, so you're buying $1,500 at 84.7%

6 x 200 means making 1 transaction and getting $1,200 for $1,241.70=$993.36 at 82.8%, so you're buying $1,200 at 82.8%. You can add a $8.30 WM gift card and pay $6.64.

Or you can get 24 x 200 making 1 transaction split over 4 cards and getting $4,800 for $4,966.80=$3,973.44 at 82.8%, so you're buying $4,800 at 82.8%. You can add a $33.20 WM gift card and pay $26.56.

[MRTHNMAN]

6.95

$4.94 for the variable load card up to $500

[Dan]

For me the cleaner/easier root is to buy SC GCs and sell them - they're selling for 90.5% on cardpool (assuming that they view SC the same as Walmart)

Showing $442.50 for $500 (88.5%) for a SC GC.

[MRTHNMAN]

Anyone want to check my math?

So 3 x 500 means making 3 transactions and getting $1,500 for $1,520.85=$1,270.85, so you're buying $1,500 at 84.7%

6 x 200 means making 1 transaction and getting $1,200 for $1,241.70=$993.36 at 82.8%, so you're buying $1,200 at 82.8%. You can add a $8.30 WM gift card and pay $6.64.

Or you can get 24 x 200 making 1 transaction split over 4 cards and getting $4,800 for $4,966.80=$3,973.44 at 82.8%, so you're buying $4,800 at 82.8%. You can add a $33.20 WM gift card and pay $26.56.

the $500 card is only $4.94

[Dan]

6.95

$4.94 for the variable load card up to $500

Thanks, updated:

So 3 x 500 means making 3 transactions and getting $1,500 for $1,514.82=$1,264.82, so you're buying $1,500 at 84.3%

6 x 200 means making 1 transaction and getting $1,200 for $1,241.70=$993.36 at 82.8%, so you're buying $1,200 at 82.8%. You can add a $8.30 WM gift card and pay $6.64.

Or you can get 24 x 200 making 1 transaction split over 4 cards and getting $4,800 for $4,966.80=$3,973.44 at 82.8%, so you're buying $4,800 at 82.8%. You can add a $33.20 WM gift card and pay $26.56.

[bznt]

Thanks, updated:

So 3 x 500 means making 3 transactions and getting $1,500 for $1,514.82=$1,264.82, so you're buying $1,500 at 84.3%

6 x 200 means making 1 transaction and getting $1,200 for $1,241.70=$993.36 at 82.8%, so you're buying $1,200 at 82.8%. You can add a $8.30 WM gift card and pay $6.64.

Or you can get 24 x 200 making 1 transaction split over 4 cards and getting $4,800 for $4,966.80=$3,973.44 at 82.8%, so you're buying $4,800 at 82.8%. You can add a $33.20 WM gift card and pay $26.56.

i don't see the difference between option 2 and option 3.
 It's just multiplied by 4

[Geshmak25]

Showing $442.50 for $500 (88.5%) for a SC GC.

Cardpool is $452.50 for Walmart - do they sell Walmart GCs? Kind of ridiculous that they have a different value for SC and walmart...

Got this convenient website from DOCs post: https://www.giftcardwiki.com/gift-cards/Walmart

I understand that going the VGC root is more profitable but then I would have to deal with the headache of liquidating them...

[Mountain Man]

Thanks, updated:

So 3 x 500 means making 3 transactions and getting $1,500 for $1,514.82=$1,264.82, so you're buying $1,500 at 84.3%

Or you can buy the last VGC at 235.18 and that should put you at 80.96% if you're intent is to maximize the offer for each dollar (1235.18/1000).

I think it's a mistake to compare the $200 and $500 the way you're doing it because the fee on the $200 card is roughly 2.6% (after 20% off) of the value of the card. The fee for the $500 is about .8% (after the 20% off).

But then there is a time issue. The $500 giftcards will likely take you 6 times as long or more because you need to do each transaction separately it seems.

[Mplace]

Probably 4.

-1
You can use up to 5 bank cards,
Hard coded

[Dan]

-1
You can use up to 5 bank cards,
Hard coded

Nice

[Mplace]

Or you can buy 5 × $500 with 2 cards
(the 3rd 500 you do split with 2 cards)

[Dan]

31 x 200 making 1 transaction split over 5 cards and getting $6,200 for $6,415.45=$5,165.45, so you're buying $6,200 at 83.3%.
Or
30 x 200 making 1 transaction split over 5 cards and getting $6,000 for $6,208.50=$4,966.80, so you're buying $6,000 at 82.78%. You can add a $33.20 WM gift card and pay $26.56. You can add a $41.50 WM gift card and pay $33.20.

[Dan]

Or you can buy 5 × $500 with 2 cards
(the 3rd 500 you do split with 2 cards)

5 x 500 means making 5 transactions and getting $2,500 for $2,524.70=$2,024.70, so you're buying $2,500 at 80.99%.
Pretty good.

[Mplace]

31 x 200 making 1 transaction split over 5 cards and getting $6,200 for $6,415.45=$5,165.45, so you're buying $6,200 at 83.3%.
Or
30 x 200 making 1 transaction split over 5 cards and getting $6,000 for $6,208.50=$4,966.80, so you're buying $6,000 at 82.78%. You can add a $33.20 WM gift card and pay $26.56. You can add a $41.50 WM gift card and pay $33.20.

just be warry, the system might prompt to have your ID scanned/imputed if you buy more than 5k in one transaction

[Mplace]

5 x 500 means making 5 transactions and getting $2,500 for $2,524.70=$2,024.70, so you're buying $2,500 at 80.99%.
Pretty good.

yes best money ...

[Geshmak25]

5 x 500 means making 5 transactions and getting $2,500 for $2,524.70=$2,024.70, so you're buying $2,500 at 80.99%.
Pretty good.

You also risk getting the credit on only $500 X 2

[Dan]

You also risk getting the credit on only $500 X 2

Guess I'll try one round and see how it goes.

[Mplace]

Now, if you buy amex variable (yes they exist) the fee is 4.44
I think

[12HRS]

But then there is a time issue. The $500 giftcards will likely take you 6 times as long or more because you need to do each transaction separately it seems.

on the flip side. it takes more time to unload $200 gc x 10 vs $500 GC x 4

[Geshmak25]

on the flip side. it takes more time to unload $200 gc x 10 vs $500 GC x 4

How would you unload them besides for regular spend?