[Extended] Simon Visa Gift Cards online: 15% off all fees (incl shipping)

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Update 8/24/20: This promotion has been extended to 8/31/20 and Simon has added an additional 10 uses of promo code AUG20PR for 15% off all fees (meaning that each customer can use this a max of 20 times).

Update 8/11/20: Simon Mall’s volume gift card site (see more: Simon Visa Gift Card online bulk ordering. Everything you need to know.) is offering 15% off on all fees (including 15% off the shipping fee) on orders of 5 or more cards with coupon code AUG20PR. While not quite as good as the July promotion, this is nonetheless noteworthy given recent changes in the online landscape.

Update 6/29/20: Simon is offering several promo codes for “July 4th Savings”, including 20% off purchase fees and free ground shipping on orders of 5 or more cards. (expired)

The Deal

  • Simon Mall’s volume ordering site is offering the following discount codes for orders from its bulk gift card site (which requires approval to be able to purchase – see this post for more detail. Note that consumers should register a a consumer here in order to have access to the $1,000 cards.)
    • AUG20PR: 15% off all fees on orders of 5 or more cards. Limited to 10 20 orders per customer. Expires 8/23/20 Expires 8/31/20
    • FREEGROUND: Free shipping on any order size. Limited to 5 orders per customer. Expires 12/31/20 (subject to change).

Key Terms

  • Promo codes can not be combined
  • Credit for orders submitted without codes will not be permitted

Quick Thoughts

While not quite as good as the previous promotion, the August 2020 Simon Visa Gift Card online promotion is pretty good since the discount comes off of all fees.

For example, if you were to buy 10 Visa Gift Cards and load them with $1,000 each using code AUG20PR, this is how the math would work out in terms of fees:

  • 10 x $3.95 = $39.50
  • Add $10 processing
  • Add $16.06 shipping (note: This is an example and varies. This was the amount for shipping to me)
  • Total cost = $65.56
  • Total cost after 15% discount = $55.73 ($5.57 per $1,000 Visa Gift Card in this example)

Your cost may be more or less depending on how many cards you order (larger orders come to a cheaper cost per card). While not the cheapest manufactured spending around, that certainly makes these cards easily profitable or makes for fairly cheap points for those with a use for the Visa Gift Cards. Note that the previous 4th of July deal was a slightly better offer for the above example since it included free shipping (the cost per card was $4.16 in that deal for a 10-card order).

The key hurdle for many people is likely to be liquidation. I haven’t been making any extra liquidation trips to the store as I did pre-pandemic. I did use some Simon cards to pay taxes. Further, I have now occasionally found myself venturing out to grocery shop at some of my usual liquidation spots and have been chipping away at my gift cards. I still don’t think that any points are worth extra unnecessary trips to the store to MS given the current circumstances. That said, with some parts of the country easing restrictions and many people regularly visiting stores for their normal shopping, your situation may be different than mine.

Particularly with the recent demise of GiftCards.com and GiftCardMall.com given the new monthly caps on portal earnings for those sites and the fact that those sites now sell a max denomination of $250 per gift card, Simon is looking a bit better. In my case, I’m willing to pay a bit more than the cheapest cost possible in exchange for much easier liquidation given fewer splits at the register. On the other hand, if you’re looking to trim costs to as little as possible, you have other options.

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