Receive Cashback for Purchasing Gift Cards

December 29, 2007 at 4:00 AM 3 comments

Ebates is currently offering cash back on gift cards at a select number of stores. I wonder if it makes sense to purchase gift cards for myself. I’ll not only receive cash back for purchasing the cards but I’ll also earn additional cash back if I use the cards to make online purchases via Ebates. In essence it seems that I could earn double cash back. I’m thinking of trying this technique at where I tend to buy inexpensive used books from time to time.

It appears 39 stores offer cash back for the purchase of gift cards. Here are a few:

  • — 6%
  • Home Depot — 4%
  • Borders — 3%
  • Sephora — 4%
  • Kohl’s — 2%
  • — 3%
  • — 1%
  • — 6%
  • RedEnvelope — 6%
  • Container Store — 4%

If you aren’t a member of Ebates yet you can sign up via this link and earn an extra $10 in cash back if you make a purchase by December 31st.

Entry filed under: save money, shopping. Tags: .

Let the Returns Begin Spending Too Much at the Outlet Mall

3 Comments Add your own

  • 1. Armchair Fiduciary  |  December 29, 2007 at 4:40 AM

    Just be sure to watch out for the fine print. Gift cards are notoriously stingy when it comes to expiration dates and hidden fees. They also provide an incentive to spend when you otherwise might not, so be sure you were already planning on spending that money at that particular store. Happy shopping and great blog (today was my first visit)!

  • 2. Kimberly  |  December 29, 2007 at 7:21 AM

    Hmmm.. not a bad idea… I do love… thanks for the tip… I’ll have to think about doing that..

  • 3. One Frugal Girl  |  December 30, 2007 at 11:08 PM

    A while back I actually tried purchasing gift cards as a way to curb my spending. I bought gift cards thinking I wouldn’t spend more than the alloted value of the card. It didn’t work so well for me. So you might be right, I might be better off not purchasing gift cards at sites where I might poke around and spend too much money.


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