Membership Rewards Gift Cards?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
5 posts
zpbsfg
Green Member
Green Member
 
Posts: 3
Joined: Sun Jan 15, 2012 10:16 pm
Location: United States

Membership Rewards Gift Cards?

Postby zpbsfg » Sun Jan 15, 2012 10:22 pm

Hello-

My company purchases a large volume of Home Depot gift cards all time from businesses and individuals as well. I know that through the membership rewards program you can select Home Depot gift cards at 1:1 point to dollar ratio (i.e. you get $0.01 = $1.00), which is twice as much as if you redeem for an Amex gift card for example.

Has anyone considered redeeming their points for Home Depot gift cards, as they're one of the more popular of merchants that you can get gift cards for?

I will buy the cards back from you for 86-88% of the value.

Any businesses on this forum that use membership rewards for gift cards?


Money card
Centurion Member
Centurion Member
 
Posts: 1361
Joined: Tue Jun 28, 2011 10:13 pm
Location: New York state

Postby Money card » Mon Jan 23, 2012 6:52 pm

I haven't thought about using my points for gift cards yet. over the summer just about the time houilhans pulled out of the partnership program I did think about that card. I have no thoughts about home depot.

zpbsfg
Green Member
Green Member
 
Posts: 3
Joined: Sun Jan 15, 2012 10:16 pm
Location: United States

Gift Card options

Postby zpbsfg » Mon Jan 23, 2012 6:55 pm

If you're interested in simply cashing in on your membership rewards points, then Home Depot gift cards give you the best option. You can generate an e-card within hours, and sell it for most all of its cash value.

Let me know if you're interested.

Money card
Centurion Member
Centurion Member
 
Posts: 1361
Joined: Tue Jun 28, 2011 10:13 pm
Location: New York state

Postby Money card » Tue Jan 24, 2012 9:29 pm

You might be the kind of guy who can fix things around a house, fix sinks etc. what do you think about Barnes and Nobles?

how does their gift card redemption compare to Home Depot, Jcrew, Banana Republic? value wise.

zpbsfg
Green Member
Green Member
 
Posts: 3
Joined: Sun Jan 15, 2012 10:16 pm
Location: United States

Postby zpbsfg » Tue Jan 24, 2012 9:31 pm

Barnes and Noble is going to come in less in terms of redemption value. You may get about 80% for them, whereas with Home Depot you can get up to 88%.

From looking over all the different stores available (gift cards), the best option is Home Depot in terms of value to sell the card.



Return to “American Express”

Who is online

Users browsing this forum: No registered users and 2 guests