Another one down: No more 5x at Gift Card Mart

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And the hits just keep on coming: We have received two reports here on the blog — from reader Max in our Laboratory and reader Sophie on the post What’s left for 5x Ink? indicating that purchases at Gift Card Mart are no longer earning 5x on Chase Ink Plus or Ink Cash cards. Previously, these purchases coded at 5x only if you checked out via PayPal, but according to Sophie this stopped coding as 5x between January 30th and February 7, 2018. This news follows a couple of other hits to manufactured spending today (See: Alliant paying 0% cash back at Giftcards.com and No more 5x at MPX).

In addition to our datapoints, Doctor of Credit reports the same in his Payments Workshop.

Clearly, it’s been a rough day for manufactured spending. If you’re looking for what still works, see our Manufactured Spending Complete Guide, which we keep up-to-date with these types of developments. While it’s seemed like a pileup of bad news today, this space is constantly changing — we will certainly be on the lookout for the next big thing.

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