Steelers0854
Mouseketeer
- Joined
- May 29, 2016
Ok so I do have Kroger nearby but my Amex only gets me 3% back on supermarkets. I also have a Red Card. Can I do this...
Let's say I need to buy $6k in Disney cards to finish off my cruise. Can I use my Amex to buy $5,700 worth of Target gift cards when it's 4x fuel points, and then use the Target gift cards in conjunction with my Red Card to buy $6k worth of Disney cards, and then put those on my DVA and pay off the cruise from there?
By my math that would be a $171 statement credit from Amex, 22 $1 off fill up credits for Kroger and another $0.80, and then $120 in Disney gift cards to pay for stuff I was already going to buy while on the cruise. If we assume my biggest vehicle holds 18 gallons, that's $410 in free gas. So total savings of $300 + $171 + $120 + $410 = $1,001.
Please let me know if you see a hole in this before I go down this path...
I've heard of this happening but have never tried it myself. I think it can only be done in store and you have to pay a portion of the total with your red card first and then pay the remaining with gift cards. I believe there is also a limit on the number of gift cards you can buy in a single transaction. I've also heard of individuals having online accounts suspended for too much gift card buying online. Not sure if something like this happens in store with them being billed to your red card.