Simply Best Coupons has raised the cash back rate today for Amex gift cards to 2%.. This is for business gift cards only. Search for American Express on their search box on the top right corner of the website if you don’t see it right away.
If you don’t have an account you can use my referral link, and you’ll receive a $5 bonus. You can also refer your friends after that and you’ll earn 5% on the rewards they get, up to $50.
The usual rate for Amex gift cards is 1.5%, although BeFrugal occassionally has 2.2% offers and TopCashBack 2.25% offers. Remember, do not buy denomination larger than $2000 as they don’t qualify for portal cash back and do not use any promo codes.
Since Amex gift cards a bit harder to unload, only buy amounts that you know you’ll be able to drain in a timely manner. You can read more here about the Plastiq option.