The cash back portal, TopCashBack, has increased cash back rates for American Express business gift cards to 2.25% for today only (3/6/2015). The next best rate is 1.5%.
Update: A reader has written in to warn that he was charged a cash advance fee when purchasing Amex gift cards with his Barclay’s US Airways Mastercard. We only have one data point, but please use caution.
If you don’t already have a TopCashBack account, you can find a signup link for TopCashBack and many other cool things here.
- Do not use a promo code to reduce gift card fees or for free shipping since that will invalidate your cash back (the Premium Shipping Plan is fine, though).
- Do not buy denominations higher than $2,000 (see: $2K denomination limit on Amex gift card cash back)
- Do not pay with Citibank credit cards since they sometimes charge cash advance fees.
Please see the The Complete Guide to Amex Gift Cards.
Hat tip: Ben Turnbull via Twitter