Simply Best Coupons has informed us that they will be increasing cashback rate on Amex business gift cards to 2% on 7/22/15 starting at Midnight Pacific.
The current best unrestricted cash back rate is 1.5% according to CashBackMonitor.
Possible Top Cashback Match & Other Portals
In the past Top Cashback has beaten this offer the next day and other portals such as BeFrugal and eBates have had similar offers. See: Predicting the next Amex gift card deals for more information about the patterns of increased cashback through the various portals.
Referral and referral warning
If you haven’t yet registered for Simply Best Coupons, you’ll find a signup link here (along with many other useful links). If you use my link, you’ll get a $5 bonus when you register and I’ll earn a 5% referral bonus each time you earn rewards from this portal, up to a maximum of $50.
Note this warning from the Simply Best Coupons email:
Please note: creating multiple accounts/identities and self-referring in order to get an extra bonus for own orders will get your account blocked and cashback forfeited. Why risk it?
Notes
- 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)
Questions about Amex Gift Cards?
Please see: The Complete Guide to Amex Gift Cards
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Greg check out new amex fees on prepaid cards
Our fees are changing:
• New Monthly Fee: Beginning October 15, 2015, we will charge a monthly fee of $4.95 on the balance of each Card associated with your American Express® Prepaid Card Account. If you are a resident of Arkansas, New York, Texas, or Vermont, you will not be charged this monthly fee.
• New ATM Transaction Fee: Beginning November 15, 2015, we will charge $2.50 per ATM withdrawal. ATM owners/operators may charge their own fees for ATM transactions.
• Discontinuation of first ATM fee waiver: Beginning November 15, 2015, American Express will no longer waive the first ATM fee of the month.
To what cards does the above comment refer? Serve? Gift Cards? Is this true? Can someone here please elaborate on this? It seems far too cryptic to me at least.
This refers to the old Amex Prepaid Reloadable cards. It doesn’t apply to these gift cards or the Serve/Bluebird cards.
Ok, thanks! Had me a bit of a worry there. Greatly appreciate the fast reply and all the great info you are bringing out. I am a N00b but am learning fast thanks to a lot of your columns and fact sheets!