American Express is offering gift card promotion at Walgreens! I have two posts about the gift card promotion from American Express (post 1 & post 2). In the December Walgreens Rebate Book, you can find the offer #64 about American Express Gift Card promotion. Buy 2 AMEX gift cards, you can get $10 mail rebate; buy 3 AMEX gift cards, you can get $20 mail rebate. You can click here to see the file.
It seems like this: buy 3*$25 AMEX GC=$75+$11.85 (activation fee for $3.95 each)-$75 AMEX card value-$20 rebate check=-$8.15. If you are willing to take your rebate on a Walgreens gift card, they will give you 10% bonus ($22 value).
Again, where can we use those $25 AMEX GCs? My top choice is gas station. In this way, you don’t have to remember the balance on each card. Of course, AMEX gift cards are accepted wherever American Express is accepted.
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November 29th, 2007 at 7:39 pm
Hi Cardoffer, this is what I got from AE’s website, ” If you use your Gift Card to purchase gasoline, we recommend that you pay inside, not at the pump. If you pay at the pump, the terminal may be pre-programmed to confirm that you have sufficient Available Funds on your Gift Card to pay for an average purchase of gas. Before you are permitted to pump gas, many pumps seek a pre-authorization for $75 and this amount could increase from time to time (”Pre-Authorization Request”). If you have insufficient Available Funds on your Gift Card to cover the Pre-Authorization Request, your attempt to use your Gift Card at the pump will be declined. If you have sufficient Available Funds on your Gift Card to cover the Pre-Authorization Request, you will be permitted to continue your transaction at the pump. However, if the dollar amount of your actual gasoline purchase is less than the amount of the Pre-Authorization Request that we approved, a “hold” on your Available Funds will result equal to the difference between the two amounts. Once the Merchant sends us the final amount of your actual gasoline purchase, we will remove the “hold” on your Available Funds for any additional amount exceeding this final amount. This may take 3 to 7 days and during this period you will not be able to use any Available Funds in a “hold” position. TO AVOID A DECLINE OF, OR A HOLD ON, YOUR GIFT CARD, WE RECOMMEND THAT YOU PREPAY FOR YOUR GASOLINE INSIDE THE STATION.”
Just FYI, we’d better pay inside for gas when using AE’s gift cards
November 29th, 2007 at 7:56 pm
Hi Samuel. Thank you so much!!!! I usually use $25 Shell gift card at the Shell gas stations. It works perfectly for me.Maybe AMEX gift cards use different transaction system.
December 2nd, 2007 at 7:40 pm
Hi,
I have a Chase Cash Reward credit card which offers 5% cash back for gas, drug store, and grocery.
My question, if I use this card to buy AMEX GC at Walgreens, would that be categorized as a purchase at drug store?
Anyone has any input/experience? Thanks!
December 2nd, 2007 at 8:05 pm
I think it’s good idea. However, the activation fees kill it. If you have a BP visa card which will give you 10% cash back at BP locations, you can get 10% for buying gift cards at BP locations.
December 19th, 2007 at 6:36 pm
I think the good way is to use it to pay ur utility bills or even at costco.
you should be able to get gas cards much cheaper than amex gc.
BTW, if u use chase card (5% rebate on grocery) to buy amex GC at walgreen,
buy 3 for $25 each, the rebate will cover the activation fee basically. What u get in return is extra 4% return.
Better deal is if u can get it with walgreen gift card.
December 20th, 2007 at 12:30 am
Excellent comment! Thanks George!