1. Is my thought process correct?
2. Are there gc limits to single purchases at Target online/stores or eBay online? - more concerned with eBay here due to not wanting shipping cost to eat into my profit. You can only use 4 Target GC's at a time. So I usually do a $600 (ish) churn at a time. 4 x $150 from GiftCardMall = $600, less 5% discount is around $570, plus whatever items you add on. Usually I get somewhere around $11.40 in Ebates (2% of $570 something).
I think you can use up to 8 Ebay GC's in a transaction, but I could be wrong, I have never got that high!
People have been banned from Target as I'm sure you read in the thread. I do buy regularly from Target in store and online using my red card, but I try to limit my Ebay GC transactions to 1 per day just to be safe.
3. Are there daily purchase limits on eBay - like can I not do a target card purchase there every week?
I don't think so, but I could be wrong. You can only earn up to $500 Ebay bucks per quarter or $100 per transaction.
3. Does anyone have a recommended starting dollar amount that would net me the best savings in the end or is it better to figure my starting point based off the amount I have budgeted for upcoming Disney trips? My goals are to have enough to pay for park purchases, food, and any Disney direct hotels or tickets. I have planned DLR in June and WDW in October....Next year we are planning Aulani June and WDW October.
I personally started with $300 because that was an easy 2 $150 from GCM. However, that's $3.98 to ship and you only earn $6 Ebates so it's not really worth it unless you have some Ebay bucks bonuses going on. I like the $600 amount, I started with that and added on so now I usually have 2 separate orders, one for around $600 and one for $250.
4. Am I thinking correctly that churning can be looked at as a long game - where I am consistently trading in GCs for increasing amounts and savings? Or is there like a cap where it's not worth it anymore. Between my next 2 years we have a very large Disney budget I would like to make a dent in - just hotel and AP renewals alone!
5. ANYTHING ELSE I AM MISSING OR SHOULD KNOW????