I went through my Paypal account and added a new credit card and entered all of my Visa prepaid card information with success when I purchased my Staples gift card on eBay from Gift Card Mall
I did not test this out because I would have incurred a nearly 3% fee if I sent money to a person. If I sent it to a business that my friend operates, they would have been assessed the fee.
This opportunity to pay with prepaid cards on Paypal provides us to earn bonus miles in non bonus categories where you buy the prepaid cards with a high bonus earning card then fund with Paypal. If you gift card churn over eBay you could earn eBay Bucks and double dip.
This is a great avenue for to review because paying with Paypal can free up access to Amazon Payments when using American Express gift cards because there is no PIN. The big caveat is, what does Paypal think with the constant churn of cards? How many is too many before a shutdown?
I’ve written a few couple about being rejected on a gift card sale here and here. Today, I am going to reveal the problematic gift card that I purchased: Starbucks.
It is incredibly easy to transfer money between gift cards with Starbucks and this is why I believe many of the gift card sites do not want to buy the cards. Once they issue a check, you could theoretically do a balance transfer and the site would be stuck with a $0 card.
I still have a couple hundred dollars of Starbucks left from a peak of $1200. My average cost was about 76% and I was selling it anywhere from 78% to 81% either from a straight percent or after TopCashBack and eBay Bucks. Plastic Jungle was by far the easiest to sell the Starbucks. Cardpool and ABC Gift Cards were the most painful.
I had left the gift card name in one of the posts and Al, a reader, pointed it out and I edited the name out. He is correct that they can be found on eBay quite easily and cheap too. I would not mind buying more Starbucks cards for personal use. For gift card churning, I will no longer do. It caused me to be illiquid while churning as I had a fixed budget.
Can Vanilla Reload be found at 7 Eleven? Yes, the last two I purchased are from there. I’ve been to 5 in NYC and they all have them.
Can I use my Walmart gift card to buy a reload pack or do rapid reload? I doubt it. Walmart gift cards are only usable at the POS and not for cash reloads.
What websites that will give me points for eBay gift cards? Not necessarily points, but TopCashBack can give you cash back if you buy the eBay gift cards through GiftCardMall. Use those gift cards and buy on eBay with eBay Bucks and you’ll be receiving at least 4% back.
Is it possible to convert Chase Sapphire to the Chase Freedom? Yes, it’s possible. I was able to convert my regular Sapphire Visa into the Freedom Mastercard. It’s also possible to convert a non Ultimate Rewards rewards earning credit card into an Ultimate Rewards card. The phone agent may give you a hard time converting the points into Ultimate Rewards, but if your negotiation skills are good they will give you most of the points.
Every Monday I will match some questions that are queried from the search engines that refer to Chasing The Points.
Buy MoneyPak in KMart with credit card – answered in Moneypak And Kmart - in short, no it is not possible
Best Way to Load a Bluebird AMEX card – I still think the best way is to do US Bank Visa Buxx out of all of the Visa Buxx cards. Load fees at $5 which would be buying 1,040 Ultimate Reward points. In addition, it would require only one card to load at Walmart instead of multiples from Visa/Mastercard gift cards with PIN
Visa Buxx and MoneyPak – I would not use a Visa Buxx to buy a MoneyPak or Vanilla Reload as loading a Buxx card there is no rebate or cash back and using both incurs higher cost per point
Difference between American Express Prepaid Card and Campus Edition – the biggest difference between the two is the load methonds. The Campus Edition can be swipe loaded at any Barnes and Nobles Campus Book stores and MoneyPak. The Prepaid card can be loaded with MoneyPak and Vanilla Reloads
Do you get double points when charging your EZ-Pass to Chase Ink Card? - No you do not. However, if you have a Chase Sapphire Preferred you would earn double.
Load GoBank With Gift Card – I have been unable to load my account issued MetaBank (Visa) or Bancorp Bank (Visa)
Citi Thank You Points worth on Amazon – it would be 125 Thank You Points for $1 off on Amazon. I am not 100% sure on the Thank You Points redemption for statement credit, but if it is equal at $.008/point then I would redeem for statement credit. Why? Earn some more Thank You points and then pay off your statement. However, given other options, I would redeem a check through a Citi Forward card towards a loan of some sort as the points would then be worth $.01/point
Finally, here is the last question:
Paypal Manufacture Spend eBay
I would buy eBay gift cards go through TopCashBack from Gift Card Mall
You can currently earn 2% cash back from TopCashBack
Buy discounted gift cards and earn 2% back from eBay Bucks