Maximizing your savings has never been easier with American Express Gift Cards. With a simple strategy, you can earn cash back while shopping at your favorite stores. This guide will show you how to use American Express Gift Cards to get the most out of your money and help you save big on everyday purchases. Whether you’re a savvy shopper or just looking to make the most of your budget, this guide is the perfect resource for anyone looking to maximize their savings.
What are American Express gift cards?
American Express gift cards are prepaid cards that can be used to make purchases at any merchant that accepts American Express.
How can you earn cash back with American Express gift cards?
You can earn cash back by purchasing American Express gift cards through cashback portals or by using a credit card that offers cash back on gift card purchases.
Are there any fees associated with American Express gift cards?
Yes, there are fees associated with American Express gift cards such as purchase fees and shipping fees.
How can you maximize your savings with American Express gift cards?
You can maximize your savings by buying American Express gift cards during promotional periods or when retailers offer discounts.
Using American Express Gift Cards is a great way to maximize your savings and earn cash back. With every purchase, you can receive rewards points that can be redeemed for cash or other valuable rewards. Additionally, using these cards can help you stay on budget and avoid overspending, as you can only spend what is loaded onto the card. Overall, incorporating American Express Gift Cards into your savings strategy can be a smart and effective way to stretch your budget and achieve your financial goals.
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page. Luckily, plenty of cards offer bonus rewards at places like gas stations, grocery stores, supermarkets, and office supply stores that sell gift cards to just about anywhere. Gas stations also sometimes offer a solid gift card selection. It can be hit or miss when you use Amex cards, though the BCP does offer a great return on grocery store spending. Still, the Ink Business Cash Credit Card is the best business credit card for office supplies on the market today. Check out our full Chase Ink Business Cash review. Supermarkets are another great place to pick up a variety of gift cards. Just remember that superstores like Walmart and Target are not included in the supermarket bonus category. With a higher spending threshold for its bonus, you can use gift card purchases to meet that spending requirement while still earning rewards. Like the Blue Cash Preferred, earning category bonuses on gift cards especially when bought at grocery stores can be hit or miss, so keep and eye out for earning patterns on your card. Check out our full Amex Gold Card review. This list includes drug stores, online shopping and home improvement stores all of which are places you can find gift cards. If you qualify for the Bank of America Preferred Rewards program , you can actually earn anywhere from 3. The two downsides to this card are that you have to have a Costco membership to apply, and you only get rewards once a year in the form of a reward certificate. Check out our full Costco Anywhere Visa review. Yes, you can buy gift cards with a credit card. Most retailers will accept them, but your issuer may or may not let you earn rewards for this purchase, so make sure to check the stipulations regarding gift card purchases on your account beforehand. So while your loved ones may not be making the most of their gift card redemptions every holiday season, you can do your research and rest on the satisfaction that you at least received your credit card rewards from the purchase. The most obvious reason to buy gift cards is to use them as a gift to a friend or loved one, but there are also reasons why buying gift cards for yourself might be a good idea. So, you might be asking why I would suggest purchasing them to use. But gift cards can be bought at locations that do earn rewards. Many credit cards allow you to redeem your rewards for gift cards, but it is rarely a good idea. Considering you can redeem Chase points at up to 1. Amex points are also easily worth more than 1. There is an exception to this, though. With fixed-value credit cards, your rewards are worth the same amount, no matter how you redeem them. So, in that case, you could get the same value from buying gift cards as you would travel. The Wells Fargo Propel card is no longer available for new applicants. The information for this card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer. Buying gift cards is kind of like buying cash for a certain retailer, which means you can lose out on rewards when you redeem the gift cards. However, there is a way to double-dip on gift card rewards online shopping portals. You can then redeem that gift card at Ulta. So, where you would have gotten no rewards from restocking your favorite concealer and haircare products by buying in-store, you could get 4x Membership Rewards points and 3x AAdvantage miles. Gift cards make easy, excellent gifts for picky friends and family members, and they can also help you maximize your own rewards and credit card strategy. For rates and fees of the Amex Gold Card, please click here. For rates and fees of the Blue Cash Preferred Card, please click here. Terms Apply. Disclaimer The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. Many of the credit card offers that appear on the website are from credit card companies from which ThePointsGuy. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. This site does not include all credit card companies or all available credit card offers. Please view our advertising policy page for more information. Skip to content. Advertiser Disclosure. Madison Blancaflor. Sign up for our daily newsletter. Sign up. I would like to subscribe to The Points Guy newsletters and special email promotions. The Points Guy will not sell your email. Please enter a valid email address Please check mailing preferences. Sign-up Successful! Welcome to The Points Guy!
