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Anyone here ever buy discounted gift cards online?

Posted on 4/11/16 at 11:43 am
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 4/11/16 at 11:43 am
Does anyone here buy discounted gift cards online with a credit card (to get the points still)? A colleague said he bought a bunch of discounted gift cards online with his credit card (still got the points) and it saved him like 15% on his purchases.

For those that don't know, say you wanted a new fridge or another big purchase from best buy or home depot, you can buy gift cards from folks online willing to trade them for less cash than they’re worth.

Cardpool.com is the one I’m looking at, but I’m a little scared to do it. You can pick a total like “$2,500” and it will pool together all the cards for sale at the best discounts to equal that total in store dollars.

LINK

They have a few options like raise.com, etc.

Or you can buy individual $100 gift cards to wal-mart or target for like $85… I know this has been around for a while, just curious if anyone here has tried it out.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 4/11/16 at 11:44 am to
I am bored at work and wanted to know what the catch is here

Seems like it would be way more known to people if this was a great system.
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17197 posts
Posted on 4/11/16 at 11:48 am to
I do, but not necessarily for the credit card points. I do get 2% cash back on my cap one card though. I buy home Depot cards at 6% off. I bought a best buy one a couple of weeks ago for a TV.
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17197 posts
Posted on 4/11/16 at 11:54 am to
Keep in mind with a site like raise, they validate the cards and have them in their possession. You aren't dealing with a person. I normally get the ecode to buy online and pick up in store. When I bought a 1k best buy gift card, they actually made me call them to verify information to reduce fraud.
Posted by jammintiger
Member since Feb 2007
582 posts
Posted on 4/11/16 at 11:58 am to
I do this fairly often actually. Just last week I bought one to Ruth's Chris for 31% off haha. But like the other poster, I generally use them for either Home Depot or Lowes. Raise is my go to. On the weekends some of their cards are an addtioanl 5% off. I used Cardpool once and didn't have any problem with them; but after that initial purchase, I read some bad reviews about them that have scared me from making additional purchases. People were havig issues with their purchases and said it was impossible to get them on the phone. I use my credit card and I assume I get points, but have never checked.
Posted by I Love Bama
Alabama
Member since Nov 2007
37767 posts
Posted on 4/11/16 at 12:08 pm to
Combine that with a coupon of 15% or so and you're looking at a substantial savings at somewhere like Home Depot.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80858 posts
Posted on 4/11/16 at 12:10 pm to
Raise.com

If I know I'm going to make a big purchase at any store, I'll go on Raise first to see if there are decent discounts on cards. If the discounts at >10%, I'll buy it and use it on the purchase.

I've saved about $1,000 over the past 2 years or so according to my Raise account.
Posted by TigerDeBaiter
Member since Dec 2010
10275 posts
Posted on 4/11/16 at 12:35 pm to
Yes, used raise before. Bought a $500 gift card for 7 jeans for $350. Then used it on a "spend $500 take 35% off" sale. Or something along those lines. Worked out great. Essentially I got 4 pair of jeans for the price of two.

Raise is legit.
Posted by castorinho
13623 posts
Member since Nov 2010
82099 posts
Posted on 4/11/16 at 2:52 pm to
I love this board.
Posted by auisssa
Member since Feb 2010
4225 posts
Posted on 4/11/16 at 4:51 pm to
All the time on Raise. Never had a problem.

Use it mainly for big purchases at Target.com, PepBoys, Home Depot, etc. I'm guessing my savings have been close to a grand in two years.
Posted by blazercliff79
Member since Jun 2016
2 posts
Posted on 6/9/16 at 9:28 am to
I tried out raise.com this past week by buying a Lowes gift card. $600+ value when purchased. Went up to Lowes to check balance after I got it in the mail and it was $17! Contacted Raise about it and supposedly getting a full refund. Just wanted to give everyone a heads ups that it's possible that you may run into an issue using them.
Posted by anc
Member since Nov 2012
18210 posts
Posted on 6/9/16 at 9:34 am to
I do it regularly for large purchases.

I had to buy a fridge a couple months ago, and when I stacked discounts and cash back and such, I saved 40%.

My sister in law showed me a check she got back from Ebates. I started using that, but I haven't been able to get the discounts that she has.
This post was edited on 6/9/16 at 9:49 am
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