Purchase Amex Gift Cards with 2.25% Cash Back – TODAY ONLY!

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I just received an email from TopCashBack letting me know that for TODAY ONLY, you can purchase American Express gift cards through their online shopping portal and get 2.25% cash back. While this probably is not worthwhile for most of you, it is great for those that have Targets new REDCard. You are able to load those REDCards with an Amex gift card (or any other gift card or credit card) up to $2,500 a day and $5,000 a month. Amex Gift Card

So let’s say you purchase $5,000, you can make the purchase with your credit card (get 5,000 points) and $112 cash back through TopCashBack.com. You will also be charged $16.85 total for processing and shipping charges. You can then unload the gift card to your REDCard at Target. This will not work to load to Bluebird, and I am not sure about Serve. Also, some folks reported a few weeks ago that they were not able to load these cards at their local Target. This seems like a case by case basis and maybe the cashier didn’t know how to put it through or there was some glitch with the register, but as a typical rule of thumb, these gift cards should be able to load. Many readers have reported success as well. Just wanted to throw that disclaimer out as some readers have reported issues.

Some things to know:

  • Do not use a promotion code or else you will not receive the cash back. You will be charged $3.95 per gift card regardless if you purchase a $25 or $3,000 card.
  • Do not use a Citibank credit card, you will most likely get charged a cash advance fee
  • You will be charged a shipping fee of $8.95 regardless of the number of gift cards you purchase.
  • There is a $10,000 limit on Consumer Gift Cards and $100,000 limit on Business Gift Cards per 14 days.

To see a complete guide of purchasing Amex gift cards through a Cash Back portal and some other ideas on how to unload them (if you do not have Target REDCard and looking for other alternatives), make sure to check out Frequent Miler’s complete guide.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.


  1. Does anyone know what time of day will cause a charge to post on 1/1 vs 12/31? Is it just midnight local time where I am? Midnight where the charge is made (where is tcb located)? Or does it depend on the credit card company? Would like this to post 1/1, without having to wake up really early 😉

  2. Order personalized ones. These won’t post for a week. A temporary authorization will appear immediately but Amex can’t formally charge you until the cards are shipped so the charges actually drop off (since it takes so long for the personalized ones) and then you’ll see it reappear in a week. Personalized ones are easier to liquidate as well (less questions about not having your name on the card)

  3. Wouldn’t it still show as a 12/31 purchase even if it didn’t clear until later? I talked to amex and they use MST to determine the date of purchase and whether it is before/after midnight.

  4. Do I still get miles if I use an Amex card for the charge? I can’t find this on FT? My Travelocity card will not go thru for the charge, so looking for an alternative! Help fast!!

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