Amex Gift Cards, Now Only 1% Cash Back

We wrote yesterday about TopCashBack offering 2.25% cash back, but lowering the threshold of Amex Gift Cards that earn cash back to just $200, making them useless for our hobby’s purposes. We also noted that the next best option was BeFrugal and Simply Best Coupons, which were offering 1.5% cash back.

Amex Gift Cards

Well it’s bad news now. BeFrugal has removed Amex Gift Cards completely while Simply Best Coupons still has them at 1.5% but has added the same language to the terms as TopCashBack. Business Gift Cards or Consumer Gift Cards over $200 are not eligible for cash back. (Only Gift Cards with $25, $50, $100, $200 denominations are eligible for cash back.)

Now the only options left are 1% cash back portals. Ebates still has the $2,000 Amex Gift Cards as eligible for cash back. There’s also Mr. Rebates and lesser known portals like Extra Rebates and Lucky Rewards that are offering 1% cash back on $,2000 Amex Gift Cards.

This doesn’t look good at all for now, but hopefully it will pick up again and we’ll se Amex Gift Cards come back as a viable option for manufactured spending.

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