Simon Mall is a popular source for gift cards, especially when they have promotions that lower the activation fees. They also have a program for corporate customers and they sell $1,000 Visa gift cards for a fee between $1-$2.95. That part is apparently really difficult to get into, but soon they might open it up to more people.
Point Chaser reports that Simon Mall would begin extending the corporate discount to card churners. But it will be a bit different from the options extended to corporate customers. Orders for these $1,000 Visa gift cards would have to be placed via mail. The fee will also bee a bit higher, $3.95. This policy is said to be coming to Simon Malls nationwide. Regular gift card buyers will need to join a special mailing list. This could be done in-store or online.
These gift cards sales will be eligible for “promotions” as well. So we might see something similar to the deals they usually offer where they take $1 off the activation fee.
Doctor of Credit reports that shipping fee will be between $.47 and $3.75, depending how many cards you order. An order can have anywhere between one and 10 cards.
You need to have a purchase history of at least five orders prior to being approved for higher limits and $1,000 cards.
Buying $1,000 denominations is great for those who do large volumes. It cuts down purchasing and draining fees, plus makes everything faster. On the other hand, having a $1,000 Visa gift card, or 10, mailed to you is not the safest thing. But it does give people with no Simon Mall near them a chance to jump on the action.