We have received a few reports from readers about a few Simon Malls being out of stock of $1K Visa Gift Cards. I posted a picture in our Frequent Miler Insiders Facebook group of some swag I got when picking up gift cards the weekend before last and that was where we first received a report. Over the past weekend, I heard a couple more reports of malls that were out of stock. Official word is that this is a temporary issue and stock should be restored by late April / early May. Still, we thought it was worth a quick post to alert regular purchasers that there may be a coming supply shortage.
Note that I don’t know that this issue is widespread at this point — we’ve only received a few reports and I was able to purchase recently without issue at a busy shopping center. I imagine that some malls are more heavily trafficked than others, so you may need to make a trip out of your way if you’re looking to stock up in the coming weeks. Keep in mind that if you’re approved to make larger purchases (i.e. up to $25K in a single transaction) and you’re looking to purchase at a different mall than usual, you should likely reach out to both malls in advance to be sure that you will be able to purchase the amount you’re expecting.
These cards have obviously proved to be quite popular. Hopefully, this is indeed resolved by early May and only turns out to be a short-term supply crunch.