The Offer
- Topcashback is now offering a 6% bonus on all cash back if you select to be paid in the form of an Amex gift card
- Expires September 7, 2016
The Fine Print
- You must have a U.S. address to be able to request your cashback by via Amex gift card.
- There is a $20 minimum load to the Amex gift card, and a $1,000 maximum.
- The Amex gift card does not expire but has a $3 per month service fee after 12 months if there’s still credit/balance on it – so ideally you should spend your credit within 12 months to avoid the charges. (Some states in the U.S. prohibit cards with service fees, so these ones will receive a different card with no service fee.)
- You can’t reload the card, so once you’ve spent the credit on it you simply throw it away and request another one.
- The card will arrive with the credit already on it, so you don’t need to confirm you’ve received it before it is loaded.
- The card should arrive approximately 7-10 days after you make your payout request.
Our Verdict
I gave this deal a miss last month when there was a 5% increase. This week’s 6% increase is definitely more enticing, especially for high payout amounts.
Given that you can at minimum liquidate via Paypal for 2.9%+, I’d be all over this if they’d actually pay up for my claims from back in April..
sucks, just cashed out yesterday