Author Topic: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?  (Read 11357 times)

Offline Saver2000

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #45 on: May 20, 2011, 12:48:59 PM »
Why would you pay for something if you don't need to??


Some companys will mail you a check for the overpayment amount - upon request.

Offline smurf

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #46 on: May 20, 2011, 12:50:11 PM »
Another good way to use your gift cards (and to meet your spending thresholds) is to pre-pay your regular monthly bills. Put a few hundred dollars towards your cell phone, internet, cable etc. Anything that accepts credit card and you'll have to pay over the next few months anyway. Most will have no problem with an overpayment, it's an interest free loan to them and you'll basically have a few months of getting bills with a credit balance.
It's also a good way to earn miles on your utility bills. My water company charges $1.80 convenience fee for using a cc but if a pay a few months at a time its worth it

Offline Zeeeeks

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #47 on: May 20, 2011, 12:54:37 PM »
If you have no way to spend the amount for the bonus , I think lending someone money that you guaranteed to get back in exchange for 100k BA miles is actually a good investment
Just pay the bill when it's due

Offline Dan

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #48 on: May 20, 2011, 01:01:22 PM »
It's also a good way to earn miles on your utility bills. My water company charges $1.80 convenience fee for using a cc but if a pay a few months at a time its worth it
My apartment charges a $24 cc fee, but you can pay up to 4 months at a time...
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline youthink

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #49 on: May 20, 2011, 01:02:02 PM »
Just pay the bill when it's due

No one is suggesting to pay your bills early for fun, but it does let you meet the thresholds quicker. Also, if you plan it right you may not actually be paying the credit card bill for 5-6 weeks so it's not exactly like you need to pay all the cash right now.

Offline leibima

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #50 on: May 20, 2011, 02:20:54 PM »
What's the worst that can happen if Amazon Payments catch on or don't like what I'm doing? Let's say I send around $1000 a month for the next few months, will they freeze my account and not let me withdraw, (and only be able to use at amazon.com) or will they give me the money and just not let me use it again?
I have $5000 in Amex GC's and this is probably the best and cheapest way to get the cash

Offline Spiffster

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #51 on: May 20, 2011, 06:12:37 PM »
If amazon catches you paying yourself, they'll cancel your AP account.  You'll get your money out but they'll life-ban you.  You'll still be able to use amazon.com to by stuff.

A few easy ways to cash in Amex GCs ottomh: sell them on ebay, sell them to friends or relatives, or convert them into Visa GCs and spend them on coins.


What's the worst that can happen if Amazon Payments catch on or don't like what I'm doing? Let's say I send around $1000 a month for the next few months, will they freeze my account and not let me withdraw, (and only be able to use at amazon.com) or will they give me the money and just not let me use it again?
I have $5000 in Amex GC's and this is probably the best and cheapest way to get the cash

Offline aryeh1

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #52 on: May 25, 2011, 05:44:15 PM »
Ive never done the Amazon Payments before, but I just logged in and did ALL of the verification things.

NOW - what exactly am I doing here to get the $$$ from my GCs?  Am I "Send Money" and then doing a "Cash Advance"?  Who is the recipient going to be.

::lost::

Can somenoe please provide a brief summary of A-Z how to get $2,500 in AMEX GC to Cash via Amazon Payments (using, presumably, multiple accounts to sidestep the $1k monthly limit)

THANK YOU SO MUCH!! ;D

do you press cash advance or Goods/Services when sending $ ?

Offline Spiffster

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #53 on: May 25, 2011, 06:20:50 PM »
if you press cash advance, it MAY be treated as a cash advance by your cc.
if you press g/s, it won't.

do you press cash advance or Goods/Services when sending $ ?

Offline Yellow

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #54 on: May 25, 2011, 06:37:02 PM »
does the $1000 monthly limit start at the first of every month? or it goes by each individual person when they started making transactions?

Offline Nitantnel

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #55 on: May 25, 2011, 07:02:22 PM »
A few easy ways to cash in Amex GCs ottomh: sell them on ebay, sell them to friends or relatives, or convert them into Visa GCs and spend them on coins.

Why you can buy from the mint directly from your visa.

(amax will FR you for buying gift cards too!)

BTW, I just went to the bank today - and in a frum (DD....) community - the teller had no clue how I got money "in bank wrapping." it seams that because everyone thinks that everyone is doing it, nobody is doing it!...

Offline Nitantnel

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #56 on: May 25, 2011, 07:08:05 PM »

A few easy ways to cash in Amex GCs ottomh: sell them on ebay, s



Also, anybody know why people sell gift cards on ebay for more than the value???

who are they selling it too.

the only one i saw less than the value exceeded the value, and by far, via shipping!

http://cgi.ebay.com/NEW-AMERICAN-EXPRESS-Gift-Card-100-PREPAID-AMEX-/320704136014?pt=Televisions&hash=item4aab74c34e

Offline Yordai Dooma

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #57 on: May 25, 2011, 07:11:32 PM »
Also, anybody know why people sell gift cards on ebay for more than the value???

who are they selling it too.

the only one i saw less than the value exceeded the value, and by far, via shipping!

http://cgi.ebay.com/NEW-AMERICAN-EXPRESS-Gift-Card-100-PREPAID-AMEX-/320704136014?pt=Televisions&hash=item4aab74c34e

You are probably the millionth person to ask that question, not only on DDF, but on every forums out there that exists.

Offline Nitantnel

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #58 on: May 25, 2011, 07:42:11 PM »
You are probably the millionth person to ask that question, not only on DDF, but on every forums out there that exists.

It is possible that it is an Ebay scam: in order to up their ratings they "have many stuff posted." with such a price it will be like that forever.

Perhaps it works for foreigners that need a CC to buy online, but only have a paypal account.

Offline Spiffster

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Re: BA Card - Got $2,500 in AMEX GC - How can I get rid of them?
« Reply #59 on: May 25, 2011, 09:42:57 PM »
Re-read what I wrote.  The Q was about washing Amex GCs, which can no loner be used at the mint <sniff>....

Not everyone who buys GCs gets FR'd.  If every one you buy gets immediately converted into a visa gc, then maybe, depending on how many you buy, what else you charge, how much risk their computer thinks you're exposing them to, etc....  <yawn>


Why you can buy from the mint directly from your visa.

(amax will FR you for buying gift cards too!)

BTW, I just went to the bank today - and in a frum (DD....) community - the teller had no clue how I got money "in bank wrapping." it seams that because everyone thinks that everyone is doing it, nobody is doing it!...