April 24, 2012
As I’m sure you’ve read from many other blogs already, the fifth week of Daily Getaways is now viewable. There are some pretty sweet deals coming too! With each of these deals, you can save an additional 10% by using an American Express card, but you can do even better! As long as each deal you want is $500 or less, follow this recipe to maximize points and cash back:
Buy $500 Amex gift cards
If you have a Chase Ink card, find an Office Depot store that carries $500 prepaid American Express cards and buy however many you need. Yes, you will be charged a $4.95 fee, but the 5X points you earn in office supply stores way more than makes up for that!
If you have a Chase Freedom card, make sure you are registered for this quarter’s 5X grocery bonus. Then find a grocery store that carries $500 prepaid American Express cards and buy however many you need.
Blue Cash Preferred
If you have a Blue Cash Preferred card, find a grocery store that carries $500 prepaid American Express cards and buy however many you need. You will get 6% cash back!
Register your Amex gift cards
You won’t be able to use your cards online unless you do this step. Call Amex at 866-207-7970 to register the cards.
Use your Amex gift cards to pay for Daily Getaways
The hard part is beating out everyone else who competes for the same getaways. Using your Amex gift card should be the easy part now that they’ve fixed the date issue that stymied me before. Good luck!
CAUTION: A reader has alerted me to the fact that Daily Getaways adds a $1 extra charge to the Amex gift card. Presumably this is used to verify the card and will be reversed out later. However, if you attempt to purchase a Getaway for exactly $500 (or however much is left on your card), the transaction will likely fail because of this additional $1 charge.
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