What happened to GiftCards.com?

16

UPDATE 2/21/2016: Portal Rewards are Back

Recently, GiftCards.com became the place to buy Visa gift cards.  With Simply Best Coupons offering 1.5% cash back and iCoupons offering 1.6% cash back, one could get back all of the purchase fee and most of the shipping fee when buying $500 Visa gift cards.

Now, though, if you look for GiftCards.com on Simply Best Coupons, you’ll see that they aren’t offering any cash back:

GiftCards.com No Cash Back SimplyBestCoupons

I found the same thing on every other portal that usually carries giftcards.com.  iConsumer has a different message, but the same result – no cash back:

GiftCardsDotCom No Cash iCoupons

iConsumer’s message suggests that the lack of cash back is a temporary.  I reached out to iConsumer to see what was going on.  The reply:

They have taken us down while they investigate the amazing increase in volume that came via iConsumer.

That may be what they told iConsumer, but I’d bet that they got a flood of orders from both iConsumer and Simply Best Coupons.  And, it looks like they’ve pulled out of all portals while they try to figure out what to do.  I’m hoping that they’ll return to portals soon.  Unfortunately, it’s a good bet that they’ll lower the payout for Visa gift cards, or lower the top value allowed for purchase (to $250, for example).  Either way, it probably won’t mean nearly fee free gift cards in the future.

Email:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

16 Comments
oldest
newest most voted
Inline Feedbacks
View all comments