Month: October 2014

FRN Resumes 1X Rewards on American Express Gift Card

frn rewards on amex gcToday, I found “American Express Gift Card” in Online Mall of Fuel Rewards Network (FRN). They stopped offering the deal last month along with other cash back portals like Befrugal and Topcashback. And these cash back portals and some others restarted the offer at the beginning of this month. FRN didn’t have an offer until yesterday, but they do today.

If you buy a $1000 AmEx GC, you will receive $1.00/gal discount which you can redeem at participating Shell gas stations, up to 20 gallons. Thus, FRN’s “1X rewards” is equivalent to 2% cash back. (click here to see more details of Fuel Rewards Network.)

Currently, the best rate of cash back portal is 1.5%. So, FRN is the best portal right now (at least for me and for those who drives a car.)

AmEx GC has a purchase fee; it is only $3.95 per card. You may find a promo code to waive the fee, but you’d better not use it because most likely you won’t receive a reward if you use it. (Neither will you when you purchase through other portals. see details here.)

earn miles on amex gcI also found that Marriott Rewards offers 1 pt/$. I have never used this portal site. So, I don’t know how much its point is worth. And I don’t know if it is a good deal.

Anyway, these are all good signs. More and more portals resumed the American Express Gift Card offer. What’s next? Will they raise the rate of cash back or reward? Not long ago, the best offer was 4% cash back from Lucky Rewards and 2X rewards from FRN. I hope this rate will be back soon.

AmEx Gift Card Cash Back Portals are Back

I noticed today while I was surfing the internet. I saw a banner ad of Topcashback. It said that they offer 1.5% cash back on American Express gift card purchases. I jumped to the site and made sure that the deal was back. I also checked the terms. It says “Please note that the use of a American Express® Gift Cards & Business Gift Cards promotional/coupon code not posted and approved by TopCashback, may affect your eligibility for cashback.” It is slightly different from the previous one. (between the times of cash back rate reduced and right before Topcashback stopped offering cash back on AmEx GC purchases. see details here.)

1.5 percent cash back on amex gift cardEither Cashbackholic.com or Cashbackmonitor.com hasn’t update the change, but BeFrugal also resumed the offer. Unlike the term at Topcashback, BeFrugal clearly says “Cash back not valid on any order with a coupon code applied.” So, you’d better not use any coupon or promo codes even if you purchase through Topcashback.

I checked other portals with some hopes of a better cash back rate. Here are the results.

  • Big Crumbs 1.5%
  • Simply Best Coupons 0.75%

These are all I could find for now. None of portals has coupon codes. Except for BeFrugal, the terms about coupon codes are vague. However, as long as BeFrugal says “no cash back if you use coupons,” I won’t use coupons. BeFrugal is my faviorite, and I trust the most.