Dosh is a new cash back app which offers a card-link rewards program for dining, an online shopping portal, and cash back on travel booking. They also offer $5 for referring friends and up to $7 bonus for new members.
Read: Our full review on Dosh here.
The app launched today and people started noticing that while most of their online shopping portal rates are pretty regular, they have one killer rate:
Huh? Whoa! What? 7.5% back on Amex gift cards?!
Now, Amex doesn’t pay out to most portals on gift cards over $200, and that’s why all other shopping portals limit high-denomination gift cards. Dosh doesn’t mention any limitation on denomination.
But even if we’ll limit ourselves to $200 denomination cards, there’s currently an Amex Offer to get $10 off $200 on Amex gift cards. And there’s a promo code: FREESHP17A which waives the shipping fee, explicitly mentioned on Dosh. All you are left with is a $3.95 activation fee, and you’ll pay $193.95 after the Amex Offer credit. That’s a decent offer on it’s own, but throw in $15 from Dosh (7.5%) and that becomes an excellent deal.
I don’t quite understand why they decided to give a killer rate on Amex gift cards while all their other portal rates are pretty typical. Who knows, maybe it’s some sort of exclusive they have with Amex? More likely, Dosh will soon be learning that they are newbs.
I personally haven’t done this deal yet since I don’t relish having to fight tooth and nail for the money, who knows if it’ll even come. This deal certainly won’t last, we’ll have to see how it plays out; hopefully, they’ll pay out for any orders make before it changes.
Readers in the comments say that it’s only posting at 1.13% cash back…
Hat tip to @millionmilematt, and Maximizingmoney
$15 dosh (7.5%) posted for all of my $200 AGC purchases on the 1st day.
Same here, $15 x 2
Me ne didn’t seem to track.
I don’t even see Amex on the app anymore :/
Same here, why am I not surprised, lol
Does it work on personalized gift cards or only biz gift cards?
Can’t remember from back in AGC-> red bird days… I thought at the end Citi was working OK as a purchase? Anyone know recently? Was going to give this a whirl for $3k since need to meet some min spend anyways that I was going to run through Plastiq to keep it easy on my wife.
Would this (1.13%) work on a 3k agc?
It should. Pretty sure we won’t see the 7.5% but I went in for a $200 one since I still had the 10 back offer.
I say that after I had read the T&Cs, there is no mention of a limit in there, BUT other portals won’t pay out if it’s more than $200 usually. You might have to fight but you might have more luck.
When I follow the link to the Amex site, a loading page shows up that says
“On your way to 1.13% cashback” Then I can order the GC.
This lines up with what someone said above about receiving 2.25 back on $200 GC
Ah, interesting, haven’t heard anyone mention that.
Screen Shot
http://imgur.com/Aqf1ndk
i would think so. they’d be pretty hard pressed to argue about you buying their products with their card as MS.
if i buy Amex gift card using amex spg credit card, would this spend count towards minimum spend.
I am skeptical about MS with Amec cc since Platinum claw-back-gate
No issues, people got the scare from the leaked 100k link. You should be fine, just keep in mind you don’t run your credit high and revolve it.
So it’ll count towards SPG Biz min spend?
Yes you should be good, I’ve MS on 4 AMEX cards heavy no issues knock on wood* mixed Organic 15/85 MS
Just from personal experience. My statement just posted, with a $3,000 amex gift card taking the spend up to $7,000 and I have not received the min spend bonus.
Same here, did 2 transactions today and within a few hours the $2.25 posted
Do $200 AGC purchases post right away or do they also have to get approved?