I’m at work and can’t really verify this, but according to @depplif Simon Mall is offering 10% off Visa gift card fees. That’s not quite the $0 fee promotion I’ve been waiting for, but it’s a discount. And you can buy up to $10,000 per day (fees included), which is a heck of a lot higher than the limit imposed by giftcards.com. Simon Mall’s gift card fees are normally $3.95 for up to $500. @depplif reports that the fee dropped to $3.56. So you’re only saving $0.39 cents per gift card, or $0.78 per $1,000. That sounds insignificant, but it adds up.
On a $10,000 gift card purchase, you’ll save $7.80. If you manage to buy $100,000 worth of Visa gift cards during this promo (enough for a roundtrip business class trip to Asia, using Alaska miles) you’ll save $78. Every bit counts! I don’t know if this means they won’t have a $0 fee promotion this year, but I for one am going to stock up on gift cards anyway. There are some ms-friendly credit cards that I generally don’t worry about cycling my credit limit with. I don’t make this a regular habit – just when a great promotion comes around or I need to stock up on lots of points quickly.
Anyway, I don’t even know if my Simon Mall will have this promotion. I’ll check it out after work. In the meantime, feel free to share your own experiences below.