Amex Gift Cards: $20 off $300 or $50 off $1,000 with targeted Amex Offers

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A couple of new Amex Offers came out today for buying American Express Gift Cards: one offer is good for $20 back when you spend $300 or more and another is good for $50 back when you spend $1,000 or more. Combined with a promo code, these offers may be worth it for those who have a means of using the cards easily. Maybe.

The Deal

  • New Amex Offers came out to save on the purchase of American Express gift cards from AmexGiftCard.com as follows:
    • Spend $300 or more, get $20 back
    • Spend $1,000 or more, get $50 back
  • Stack with promo code BUYMORE or AXP1220HP to eliminate the activation fee (eGift Cards have no shipping fee)

Key Terms

  • Expires 12/31/21
  • Excludes bulk orders over $100K
  • Valid for American Express Gift Cards and eGift cards and American Express Business Gift Cards and eGift Cards
  • Not valid for reloadable gift cards or those sold by anyone other than AmexGiftCard.com
  • Gift Cards purchased on Amexgiftcard.com cannot be shipped in the states of HI and VT.
  • No ATM withdrawal and can only be used at US Merchants that accept American Express cards

Quick Thoughts

I never get terribly excited about Amex Gift Card offers because options for easily liquidating them have mostly dried up in recent years. That said, if you have a way to make use of these, you may come out a bit ahead of the game.

Doctor of Credit notes that he thinks these cards count toward spending requirements but don’t earn rewards. I am pretty sure they do not earn rewards — I do not know whether they count toward meeting spending requirements for either welcome bonuses or things like Delta status boosts. If any readers take advantage to pick up spend toward regular card spending bonuses, please let us know if the spend counter for spend bonuses increases for you.

I found both offers on cards in my household, but I probably won’t be using either one since I don’t have a good use in mind for the cards yet.

H/T: GC Galore

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fudgelie

I’ve never used these offers before, I assuming I can do 3 X $100 separate transactions instead of a single $300?

loungeabuser

Nice, so if I spend $101,000 on these cards, I don’t save $50?
Wow, impressive Amex.
What happened to the 3% cash back sites and miles too? Now that was something!!

rdover1

If you shop Costco a simple use it to buy a costco cash card at costco.com as you can use AMEX to pay for it online.

loungeabuser

Yes, but i could get at least 2% back not using it for that

Brighton

Costco does not accept AMEX.

rdover1

costco.com does.

Brighton

When I log into costco.com and try to check out, Amex is not listed as an accepted payment. Is there a way around this?
I put in an Amex card anyway just to see, and I got this error message:
Costco no longer accepts American Express. Please provide a new payment method to continue.

Last edited 29 days ago by Brighton