May 25, 2012
Earlier this week, the Southwest Airlines shopping portal (Rapid Rewards Shopping) offered 15 points per dollar when shopping at Sears.com. In the post “Sears 15X: Leveraging the deal” I showed a number of ways one could capitalize on the opportunity. In the post “Sears 15X: Free Southwest Companion Pass” I showed how one could (theoretically) earn a Southwest companion pass by buying and selling gift cards. And, in the post “Sears 15X: Shopping for 110,000 points” I showed how one could earn 110,000 Southwest points by double-dipping: buy gift cards for 15X and then use them to buy merchandise for another 15X. It’s not easy, but it is possible to find merchandise that can be resold at an acceptable loss.
The 15X deal is no longer available, but let’s take a look at what we’ve learned so far:
The double dip worked!
A number of people who bought eGift cards and then used them to buy merchandise have reported that their points have already posted within the portal! My points showed up this morning:
Reports from those who have shopped this portal before suggest that it will be a while before the points become real. We will likely see these points post to our actual Southwest accounts by early July.
Purchases of physical gift cards worked!
There was some concern that physical gift cards wouldn’t get 15X because of a message that said they were sold and shipped by KMart (not Sears). At least one reader, though, has reported getting all 15X points from their purchase!
Not all went well
Here are some issues that have been reported by readers:
- A few people received messages from Sears that the ordered merchandise was out of stock. These messages arrived too late to get 15X by buying something else.
- Sears outright cancelled some orders without explanation.
- One reader reported trouble from PlasticJungle. When he tried to sell his gift cards, PlasticJungle canceled the order.
- One reader received less than 15X for a part of their order.
As a result of some of the issues listed here, some of you are stuck with lots of Sears’ gift cards. I’ll follow up later with suggestions for how to get the most out of them.
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