Good morning everyone, greetings from toasty Tucson, AZ. A few days ago, I added a Dollar Shave Club and Kate Spade AMEX Offer to my American Express cards. With Dollar Shave Club, I purchased a $10 Dollar Shave Club eGift Card and earned 1,000 American Express Membership Reward Points. With Kate Spade, I purchased a $250 Kate Spade eGift Card and earned 5,000 American Express Membership Reward Points. I then sold both egift cards to The Plastic Merchant (my go-to gift card reselling site).
Both purchases posted to my American Express Everyday Credit Card on April 4-5.
A few days later, both the 1,000 and 5,000 American Express Membership Reward Point bonuses posted on April 7. I prefer to earn Membership Reward Points instead of cash back since Membership Reward Points can be worth way more than 1 cent per point when redeemed for airfare with the American Express Business Platinum Charge Card or transferred to an airline or hotel partner. Another plus, the bonus Membership Reward Points post to your account right away, while the cash back from AMEX Offers will only post when your statement closes. My American Express Everyday Credit Card statement closes on the first of every month, so if I had earned cash back instead of Membership Reward Points, I would have to wait almost an entire month for the statement to close.
If you have any questions, please leave a comment below. Have a great weekend everyone!