Simply Best Coupons

Best Buy E-Gift Card Promo with Cash Back Portal Deal

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You may see a lot of Father’s Day’s promotions throughout the web. The promotions are not limited to regular merchandises, you may also see the promotion on gift card purchases. Personally, I just bought Staples and Best Buy e-gift cards and happened to know that there was a cash back portal site for BBY e-GC purchases.

best buy e-gift card promo

Many merchants sell e-gift cards as well as physical gift cards. Some merchants pay cash back for purchases of both physical and e-gift cards, and some merchants don’t pay for either of them. And also some merchants pay only for physical gift card purchases. This may happen because e-gift cards are sold at different sites called Cashstar.

When you enter bestbuy.com and click Gift cards on the top, you are still in bestbuy.com. However, when you click Get Started (left at the bottom of the picture below,) you are taken to the outside of bestbuy.com. A web address is bestbuy.cashstar.com. The same things happen to some other merchants. For example, you enter gap.com and try to buy an e-gift card, you are taken to gap.cashstar.com.

best buy e-gift card link

If you have Amex Offer, you can’t redeem some of them with e-gift card purchases because of this fact. That’s why you see “e-gift cards are excluded” in terms and conditions of many offers. It actually happened to me with Chime Offer. The offer was $5 back on $50 or more spent at Best Buy. I purchased $50 e-gift card, but I couldn’t see $5 credit posted in my account. An hour later, I purchased $50 physical gift card. $5 credit was posted instantly.

Today, I happened to find this “Cashstar” in cashbackmonitor.com while I was checking cash back rate for other merchants. So, I have no idea how it’s been existing. SimplyBestCoupons offered the highest, 2% cash back yesterday. Best Buy’s link was in the section of sale/discount. I clicked the link and bought $150 e-gift card. Soon, I received an email from SimplyBestCoupons, and a pending cash back was posted. So many merchants use Cashstar for e-gift card selling, but merchants offering cash back seem to be limited. I check the website today, and they have updated terms and conditions. Now you can see a full list of merchants that is available for cash back. And the rate is reduced to 1.75%.

simply best coupons cashstar list

What I like about Simply Best Coupons is that they send an email for all transactions very quickly. They send an email and post $0 even when you purchase something that is not qualified for cash back. I bought Starbucks gift card at Target.com on 6/2.

simply best coupons cashstar cash back

As you see, I received $0. So, I’m sure that the item is not qualified for cash back. (As long as I know, there is at least one GC at Target.com is qualified for cash back.) And also, they sometimes offer 2% cash back on Amex Business gift card purchases. The next offer is coming soon. It’s on 06/22/2015. If you don’t have your account yet, please use my referral link to sign up.

Can’t Find Cash Back Portals for American Express Gift Card

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amex gc cash back comparisonRecently, the rate of cash back for the purchase of American Express Gift Cards got lower. (see details here) But now I found it worse than ever. In the last few months, the cash back rate for AmEx GCs were between 2% and 3%. Last night, before buying AmEx GC, I went to cashbackmonitor.com to see which portal offer the best rate. As you see, 2.1% from Befrugal was the best. I was hoping for a better rate, but there was no choice. The amount of the previous AmEx GC was nearly zero. And although 2.1% was not really great deal, but I could still save money with it.

However, there was a problem. I couldn’t find a page of AmEx GCs at Befrugal.com. Then I went to TopCashBack, that offers 2.0% (according to cashbackmonitor). Same here, there was no page or link at TopCashBack. I checked some other portals. I didn’t check all of them, but I could manage to find a few portals that offered cash back, Simply Best Coupons, Ebates, and Mr. Rebates. The rate was merely 1%. The only consolation was that Simply Best Coupons had a promo code to waive a purchase fee of $3.95.

In July and August, I purchased four AmEx GCs with a promo code which is not posted on the portal site. As a result, all pending cash back ($175.50 in total) was cancelled. (see details here)

amex gc cash back portalsToday, I checked cashbackmonitor. As you see, all travel reward portals have gone, and there are only seven cash back portals. 1% is the highest, and promo code to waive a purchase fee can be found ONLY at Simply Best Coupons.

Is 1% cash back still worthwhile? It depends on face value of AmEx GC you buy. Say you buy $1000 AmEx GC with AmEx Blue Cash credit card. You can waive a purchase fee of $3.95 at Simply Best Coupons.

  • Purchase fee $0
  • Shipping -$8.95
  • 1% cash back from credit card +$10.09
  • 1% cash back from portal +$10.00
  • Total profit is $11.14

The profit is only 1.11% of $1000. This isn’t great. However, if you buy $5000 AmEx GC, total profit is $91.14. It’s 1.82% of $5000. Not bad. If you enroll in Premium Shipping Plan (see details here), shipping cost may be calculated less. So, you can manage to get close to 2% discount.

Just a few months ago, I had already enrolled in Premium Shipping Plan. I usually order 3 or 4 AmEx GCs per month. So, shipping cost is calculated less than $3 each order. After considering all of these calculations, I placed an order of $2000 AmEx GC. Simply Best Coupons already posted a pending cash back.

I hope Befrugal or TopCashBack offer cash back for AmEx GCs again, but for now Simply Best Coupons with a promo code is the best option for purchasing American Express Gift Cards. Click here to visit Simply Best Coupons and don’t forget to use promo code when you purchase AmEx GCs.