Churning involves using GCs to purchase GCs and then cycling the GCs through the process a number of times, increasing your savings with each cycle.
One form of cycle involves making purchases of ebay GCs on Target .com and then buying Target GCs on ebay.
Ebay offers ebay bucks when you make qualified purchases. The ebay bucks earned by purchasing Target GCs can be used to purchase more Target GCs.
Using a rewards program's shopping portal for your Target and eBay purchases can help to increase your savings.
As an added twist to the Target-> eBay -> Target -> Disney GC churn, you can add a couple of detours through GameStop if your local store allows you to buy a GC with a GS GC AND they carry eBay GCs. It's been reported that effective 4/4/16, GS managers have been informed that they should not accept GS GCs for payment on the purchase of eBay GCs. Proceed cautiously if you decide to attempt this churn.
Isn't it possible to just generate/churn cash through Ebates by purchasing eBay gift cards from target and using the eBay gift card to buy target gift cards on Ebay?!?
Yes, it is. In fact, that's how many of us have been doing it. But the GS churn adds another dimension to the process. Churning through GS allows you to quickly turn your eBay GCs around because they are digital, arrive within minutes of purchase and count as an eBay purchase during ebucks promotions. It also allows you to bypass the quirky Target system that often cancels orders or randomly bans customers. I haven't tried it myself, but there's a GS not too far from my house and if they allow it, I may just have to give it a try soon.
Note: Effective 4/23/16, Target .com no longer applies a 5% discount to any online GC purchase. There are still reports of being able to get the 5% discount when making a GC purchase in-store when using your REDCard.
And on 4/29/16, the 5% discount has returned to Target .com. Which goes to show that the situation is always fluid and you really need to read this thread regularly to keep up with the changes.
And just like that, on 5/7/16, Target .com had Disney GCs back in stock. And the 5% REDCard discount is working on them.
On May 12, 2106 - GCM ran out of Target GCs and did not re-stock them. On May 19, 2016 - the listing for Target GCs ended and was not replaced with a new listing as of 5/20/16.
On May 13, 2016 - eBay electronic GCs disappeared from Target .com and have not been added back.
For a great explanation of rewards programs that can be used in your churning efforts, check this post:
http://www.disboards.com/threads/disney-gift-card-deals.2941964/page-502#post-55137339
Here's a wonderful outline of how the ebay bucks programs works:
http://www.disboards.com/threads/disney-gift-card-deals.2941964/page-528#post-55207172
And for another helpful post on how to get started:
http://www.disboards.com/threads/disney-gift-card-deals.2941964/page-592#post-55350187
Need a spreadsheet?
http://www.disboards.com/threads/disney-gift-card-deals.2941964/page-589#post-55348141
What if I never got the email for my Target order for an eBay GC?
http://www.disboards.com/threads/disney-gift-card-deals.2941964/page-599#post-55357432
What if the Disney GCs that I got from Target were never activated?
http://www.disboards.com/threads/disney-gift-card-deals.2941964/page-417#post-54888321
How do I find out the remaining balance on my partially-used eBay GC?
http://www.disboards.com/threads/disney-gift-card-deals.2941964/page-606#post-55366383
What do I do with my stack of $50 and $100 Disney GCs? I don't want to have to carry them around with me!
You can deposit them in a
Disney Vacation Account and use them to pay for your package or ticket purchase. But you cannot use the DVA in the parks!
Or you can combine them on
disneygiftcard.com for up to $1000 on a single GC.
Help! PPDG sent me the wrong eGC!
http://www.disboards.com/threads/disney-gift-card-deals.2941964/page-746#post-55578641
How many GCs can I order at one time?
PPDG (PayPal Digital Gifts) often limits buyer to only 2 GCs at a time when they are offering a deal on GCs. They will sometimes lock accounts if there appears to be over-activity that might be due to fraudulent purchases.
GCM will limit you to 25 GCs in a 10 day period. The limit is set by eBay and is per eBay account.
Target .com limits Disney GCs to 4 or each denomination in a single order. Target store limits will depend on the mood of the manager.
GameStop limits on eBay cards can be imposed by the store manager.
Editing to add other sources of discounted Disney GCs:
Just buy the Disney GCs and skip the other gymnastics! There are many places where you can buy Disney GCs for less than face value or get something back that makes it worth your while.
- Target gives 5% off at the register if you pay with your REDCard.
- Grocery stores (like Giant Eagle) offer fuel perks for purchases and gift cards are included! Others may offer $ off a future purchase for purchasing select GCs and sometimes Disney is included.
- Warehouse discounters (like Sam's and BJ's) sell multipacks of Disney GCs for less than the displayed price.
- Check your rewards CC to see if they offer Disney GCs.
Hidden discounts you may not have considered:
- Your rewards CC can be used for making your purchase. Depending on where you are buying your GC and how the CC rewards program works, you can get between 1%-5% back just for making your purchase.
- eBay sometimes offers coupon codes that can be used toward the purchase of a Target GC, eBay GC or even a Disney GC from a seller.
Using a GC to purchase a GC:
- Target isn't the only place where you can use a store GC to purchase a Disney GC. Walmart GCs can be used at Sam's Club. Some posters have had success using a Sears GC to purchase Disney GCs at Kmart or Sears (definitely varies from store to store).
- Some people report having success using a Best Buy GC to purchase a Disney GC. If you're a member of the Best Buy rewards program, you can redeem your rewards certificates to pay for Disney GCs. All of this depends on whether your local Best Buy carries Disney GCs at all.
- The Disney Rewards Dollars that you get from your Disney Visa can be used on the Disneystore website to purchase a Disney GC (it's a dollar-for-dollar exchange but if you want cute GCs instead of the standard Mickey GCs, this is a way to do it).
- Some Gamestop Stores will allow you to buy an eBay GC with a GS GC. YMMV. eBay will offer GS GCs at a discount every once in a while. Rumor has it that this option may be dead, effective 4/4/16. YMMV. http://www.disboards.com/threads/disney-gift-card-deals.2941964/page-657#post-55444019