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Yesterday, American Express announced another Twitter Synching promotion where if you spend $200 at Best Buy you will receive a $20 statement credit. I retweeted this yesterday, so hopefully some of you are already aware, but if not I did some research this morning to see how you all can maximize this promotion. Of course you must do three things first:
- Sync your American Express card to Twitter (I am hoping you’ve all already done this!)
- Register for the promotion by Tweeting
#AmexBestBuy20 (and make sure you receive an enrollment confirmation on the “Connect” tab in your Twitter account) - Spend $200 at Best Buy using your synced American Express card
While $20 back on a $200 purchase is great, but what if you really having nothing to purchase at Best Buy by the expiration date of September 16, 2012. Well… you can purchase gift cards to then keep in your pocket and use whenever you desire. Best Buy also sells iTunes and Facebook gift cards. I asked about American Express and Visa gift cards and they stated they no longer sell them… bummer!
So this is great for you to pre-buy to use at another time or if you have a gift to give someone. Also, this promotion is valid for purchases online or in store, so if you make the purchase via online, use one of the online shopping portals. If you purchase an iTunes or Facebook gift card, chances are you’ll definitely receive the points/cash back, although Best Buy gift cards might not give you the points/cash back as many times they are excluded (although it may work for you!).
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This may be used to help out with the minimum spend req on Amex cards cheaply
The way this could work is…
1. Buy $200 Best Buy GC
2. Sell BB GC to Plastic Jungle at 89.25% (as of 7/27/2012, 9am MST)
3. Eat loss of $1.50(=Purchase-Credit-PJ)
4. Points valued at $0.0075(=200pt/1.50)
No?
@Blue – you are absolutely correct. I am not into selling gift cards, but this absolutely can work!
They sell Amazon cards too!
LX, Brad, and Tracy – thanks so much for letting me know, this is great!
Best Buy in VA also sells Amazon Kindle gift cards, which can be redeemed for anything at Amazon.com.
Yep, they sell Kindle GC in the e-reader section, which can be used for anything on amazon
Thanks for the post!
Do you remember if they sell Lowes or Home Depot gift cards?
@Harold – At my local best buy they did not, however, others have reported different gift cards at their best buy.
Best Buy in Greenville, SC sells Visa gift cards.
Do they sell Amazon gift cards online??
@Nancy – that’s great to know! Thanks!
Just picked up a $200 Visa and $200 in Amazon cards while meeting some min spend. Good deal.
@Matt – That’s great that you were able to find a location that sells Visa cards!