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The Offer
Gift card seller Saveya has now been added to shopping portals Topcashback and Simply Best Coupons. Both are offering the follow cashback rates:
- 2% cashback on all gift card sales
- 1% cashback on all gift card purchases
Reader Rob WÂ tipped us off to this offer and noted that he’s had success over the past week getting the portal to track the cashback quickly, with an estimated payable time of 14-weeks.
[Note that for purchases, you may want to buy from giftcards.com, Saveya’s partner, instead. They offer 1% back in G-Money points on merchant gift cards, and also 1% cashback on all gift cards via the Simply Best Coupons portal. Saveya and giftcards.com often sell the same cards at the same prices, and you’ll do better buying from giftcards.com for the 2% back total.]
Final Thoughts
2% back on gift cards sales can make a big difference to your margins and I doubt this will last forever, but we’ll take it while it’s available. For now, Saveya will probably trump other exchanges most of the time, with the added 2% bumping them up over their competition.
Cardpool also offers cashback from the portal on gift card sales (Giving Assistant gives 4% and Simply Best Coupons gives 2%), but it’s limited to your first $1k in sales and purchases combined. Also, it doesn’t track well in the portal. But 2% back on unlimited amounts of sales, with proper tracking, is definitely newsworthy.
[The SBC and TCB links in this post are my referral links. I appreciate if you use them to sign up.]
