Hi everyone! I have been reading this post for hours. About the time I get a method down, I realize that it is no longer working or you have to wait for a certain deal to be going on. Can anyone give me the readers digest version of the best deals going on right now? I would really appreciate it!
This thread moves fast and there's been a lot of upheaval in the past month. A few weeks ago, I would've told you to start reading from page 731, and keep reading until you understood the processes and the risks. But since then, a lot of the information in the last 200 pages has become obsolete or at least temporarily unavailable as it relates to the Target>eBay>Target>Disney churn.
Two major developments in recent weeks have stymied GC churning: (1) Gift Card Mall on eBay ran out of stock of Target GCs, and no one knows when or if they will restock (GCM has responded to numerous inquires that they plan to restock); and (2) Target removed eBay eGCs from their website, and you can now buy them only in stores. But if you can't buy Target GCs on eBay, then you can't take those GCs to Target to churn back to eBay or cash out for Disney. That leaves a few retailers (GS, BB, Sears/Kmart) for which you can buy their GC on eBay to keep the churn going to earn eBay Bucks and Ebates, then take that GC to the store to buy another GC that you can cycle back or use toward your vacation, e.g., eBay, Disney, Southwest, Hotels .com, Starbucks, etc.
But these alternatives are not ideal because (1) some of these stores' GCs are only available through PayPal Digital Gifts, and PPDG has a very high rate of denying transactions it believes to be fraudulent or just because you're trying to pay for a GC with an eBay GC, and locking up your PP account; (2) if you succeed in getting a GS, BB, Sears/Kmart GC, you have to go to an actual store to buy another GC and it is highly YMMV whether your local store manager/employees will allow such transactions; (3) these stores may not carry GCs that are useful to your goals, e.g., GS carries eBay but not Disney GCs, and BBs carry Disney but some don't carry eBay; and (4) people might have been fine being "stuck" with a Target GC if the rules were to suddenly change, but are leary of being stuck with GS or BB GCs.
I also see that today, some people are discussing whether Ebates has finally patched a glitch on Target .com that let you trick it into giving you credit on the full value of gift card purchases when you add a small qualifying item to your order.
So this is risky business. You need to read this thread, and keep up to date with it every day for deals and changes. People here are great with sharing their experiences with what works and doesn't. Once you understand the process, always have an exit strategy or more. Worst case scenario, you lose some money (but never all because GCs and the things they can buy still have value aside from churning), but do not put in any money that you cannot afford to part with.