Update: GiftCardMall recently updated their website and the maximum denomination for Visa gift cards is now $250. This update alters the math significantly. For more on the changes, see this Miles to Memories post.
A few days ago I posted about portal cashback returning for the purchase of Visa gift cards from GiftCardMall. At the time the Simply Best Coupons portal launched a limited time promotion offering .4% cashback through 7/20/15.
It now seems that Top Cashback has also started offering cashback for the purchase of Visa gift cards. Currently they are advertising .5% back, although they do not list an end date so this could change at any time.
Portal cashback for Visa gift cards disappeared last year and it is definitely a positive development to see it return to multiple portals. While .5% isn’t huge, the cashback earned is based on the entire gift card amount not including fees. Hopefully we will also see temporary increases in cash back like has happened recently with American Express gift cards.
For more info on why purchasing Visa gift cards may be a viable option for manufacturing spend, see this Miles to Memories post.