Tuesday - Oct 17, 2017

Your Questions Answered about Purchasing Visa Gift Cards With Out A Fee..


Few days ago we wrote about purchasing Visa gift cards at BestBuy with out a fee. This can be a lucrative promotion, if you are looking to maximize the 10% cashback with Discover-Apple Pay promotion.

Here are some of the questions you may have

 

When do I get the Best Buy Rewards?

Best Buy rewards are issued approximately 15 days after your purchase. However, points will show up in pending status with in 1-2 business days

 

How do I get the BestBuy Rewards?

Best Buy will send the reward certificates to your email with an expiration.  Reward certificates can be used to purchase gift cards sold at Best Buy.

 

1

 

You can choose the value of reward, and the reward certificates will be issued when you reach the required number of points.

 

What is the optimum number of cards to purchase at Best Buy?

With Shopkick, there is a limit of 2 transaction per week. If you make more than 2 transactions in a week, you will not earn kicks for those purchases.

Per this table, as long as you purchase 4 or less cards per transaction, the rewards you earn is greater than the fees.

 

Breakeven

 

If you purchase one, you are making a big profit. However, you have to make multiple visits to buy more gift cards as Shopkick will issue kicks for only 2 transactions per week.

 

When do I get the kicks from Shopkick app?

When you purchase visa gift cards at Best Buy, you need to scan the 2 bar codes (Shop kick affiliate barcode and your personal barcode) on your phone before making the purchase.  Before payment, you can verify if there is a line item called “Shopkick”.

As long as you follow the process, kicks are issued with in 1-2 days.

 

How to redeem kicks for rewards?

You can redeem kicks through the Shopkick app. you can start redeeming as low as 500 kicks ($2 value) and the rewards will be available under “Rewards -> My Rewards”

 

Conclusion:

You can indirectly purchase visa gift cards with out a fee.  You can earn Best Buy rewards and kicks from Shopkick when you buy visa gift cards at Best Buy

The optimum number of visa gift cards to purchase per visit is 4 or less. If you buy more than 4, purchase fees will be greater than rewards. Note that there is a limit of 2 transactions with Best Buy for kicks from Shopkick

 

Disclaimer:  Links mentioned in this post do not earn us any commission.

Editorial Note: Opinions, analysis and any calculations shown are authors alone. Information in this post is not reviewed, approved and endorsed by any airlines, frequent flyer programs or financial institution

3 comments
  1. Anurag

    October 28, 2015 at 3:26 pm

    Really nice info bhai. Glad to see a desi being expert and helping out. Cheers!!

    Reply
  2. raj

    November 8, 2015 at 10:15 pm

    Nice article man. I tried it and its working. Actually iam planning to buy a cheap phone just for using multiple shopkicks account. So on a single day trying to bring 3 or 4 visa gift cards with 4 different phones. Problem is availability of visa gift cards.

    BTW do we become elite or elite plus if we buy visa gift cards ? does it count towards 1500 or 3200 $ requirement for elite or elite plus……?

    if yes…it will be really grt….so that we try new products for 30 or 40 days…and just return it….

    Reply
    • takeoffwithmiles

      November 8, 2015 at 10:19 pm

      Yes, buying visa gift cards counts towards elite status. You will also get early access to Black Friday deals, if that is important for you.

      Reply

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