- Centurion Member
- Posts: 4055
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
I'm not bothered that I can't get cheap gift cards with Sallie Mae. Generally, I dislike dealing with gift cards, but will in limited circumstances. If I can't use the rewards with transfer partners, statement credits are fine.
Most gift cards seem impractical to me:
1. In some cases, I can use a credit card to get decent savings at a merchant. Discover's Home Depot portal cuts into the savings from Home Depot gift cards, and my in-store purchases are for small, inexpensive things.
2. My spending somewhere might decline before I'd use the gift cards in full. I almost redeemed Discover rewards for Chipotle gift cards before e. coli struck not far away. I'll go back...eventually.
3. I just might not make purchases at the merchant often.
I guess it's not really an issue for me, since a fairly small share of my spending earns cash/statement credit rewards.
If you want gift cards, you could always take the cash and buy gift cards over the internet...although those may come with a higher risk of the funds being stolen.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt, Arrival
May close or PC: Prestige, BrooksBros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech