Sam’s Club Now Sells Variable Load Visa Gift Cards
Sam’s Club has now begun selling variable load Visa gift cards in its stores. Until now you could only buy up to $200 Visa gift cards, whether online or at physical locations. That wasn’t a great deal since the activation fees would negate any credit card rewards that you would earn. But now, with $500 gift cards available, it gets easier to turn a profit if you have a credit card that earns 5X at wholesale clubs.
Normally that’s not an option, but cards that have 5% rotating categories will often have wholesale clubs included. This quarter for example you can earn 5% when you use a Discover it card or ABOC Platinum card. You still have time to maximize the spending on those two cards until June 30.
HT: GC Galore