AmEx Offer: Buy $200 American Express Gift Cards, Receive $10 Statement Credit

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The Offer

The Fine Print

  • Available via Twitter, #AmexGiftCard
  • Promotion ends July 30th, or whenever the allocated number of promotions fills up
  • Excludes logo & gift cheque purchases
  • Merchant does not deliver/ship to HI or VT
  • Statement credit will appear on your billing statement within 90 days after 7/30/14
  • Purchase fee of $3.95 applies
  • Shipping fee of $8.95 applies
  • Codes to save on shipping/purchase fees:
  • Extra cash back, the following shopping portals are currently earning cash back on American Express gift cards. It might be worth trying to use one of them to get cash back:

Our Verdict

This is a quick little money maker, how much you’ll make will depend if the shopping portals track these purchases correctly or not. Unloading American Express gift cards is much harder than unloading Visa or MasterCard gift cards, worst case scenario you can use them for actual purchases. If you’re going to do this deal multiple times (with different credit cards) I’d recommend finding a manufactured spending method that works, click here for our overview on MS or here to read our MS category.

How Profit Is This Deal

  • $200 gift card purchase
  • $10 statement credit (+$10)
  • $8.95 shipping fee (waived with coupon)
  • $3.95 purchase fee (waived with coupon)
  • 3% cash back (+$6)
  • Credit Card rewards (+$2-$4)

At best you’ll make $20 per offer assuming you pay no fees (this would require you to have premium shipping plan and use a coupon to waive the purchase fee) and the cash back portals track. I’ll do this across four different cards, so hopefully this is an easy $80. I’ve added this to my list of ways I’ve made money in 2014.

HT to Chuck, who did this guest post on a previous Dunkin Donuts deal

View Comments (7)

  • This offer doesn't work with Amex Serve. I was able to add the offer to my Serve via Twitter, but got an email that my order was declined. I called and confirmed with Amex that they don't accept Serve or prepaid cards.

  • The amex website lets me apply only one of the two codes. How can I apply them both? Thank you.

    • You can't, you have to apply one or the other. I included both codes because some people get free shipping.

  • if i signed up for this accidently to the wrong card, any way to use another card for it?

    i have a new business rewards gold coming and i need to spend $2k so might as well buy amex cards for MS using that. i havent registered it to my amex acct yet. any help would be appreciated!

    • You should be able to sign up multiple cards for the offer, you can only get it once per card.

        • Under the same log-in, you'll need to use the multi-tab trick.
          If you already saved the offer to one card, you can't get it on a second card through the log-in. You could sign up the second card via twitter. Once you do so, you'll be able to see the saved offer in your log-in.