Originally Posted by
Gspeed
Terrible idea. Those types of cards typically have a $5-6 activation fee per card. You’re better off buying gift cards for stores/businesses that you use. Grocery stores, box stores, home improvement stores, etc.
Ok I forgot to include the cavaet that Staples and Office Max/Depot will once a month run a special with these cards for no activation fee... but don't do this with AMEX because AMEX gets to see actual details of your purchases and won't award points for "cash equavalents" ... but Visa and MC and DC and others typically will. Test it out with a small amount first:
https://www.doctorofcredit.com/stapl...mit-5-per-day/
https://www.doctorofcredit.com/offic...t-12-19-12-25/
Or as you say, buy gift cards from a vendor that you already use (WalMart, Target, Amazon, etc).