There is a new Bloomingdale’s Amex Offer out to spend $150+ and get 3,000 Membership Rewards points! This is targeted and some users, as reported by Doctor of Credit, are receiving an offer for $30 back instead. The points, of course, are a much better option though.
Bloomingdale’s Amex Offer: Details
This Bloomingdale’s Amex Offer is straightforward as far as earnings. If you spend $150+ you get 3,000 Membership Rewards points.
3,000 Amex points are worth $54 if you value them at 1.8 cents each (like I do). In addition, you can use an online cash back portal to get up to 10% cash back as well. If you would like to resell gift cards you purchase Card Kangaroo will give you $117 for your $150 gift card.
This means you can get a return of 46% by using this offer in conjunction with a cash back portal. Or, if you sell the gift card, you get 3,000 Membership Rewards points for $18 ($150 – $15 cash back portal – $117 payment for gift card).
Bloomingdales Amex Offer: Final Thoughts
Similar to the H&M and StitchFix Amex Offers I find this very valuable (actually more so than these two!). I plan on picking up a gift card for the inevitable wedding gift purchase, or anything else. But, if you are looking to resell it’s a good opportunity as well! If you’re a master reseller you should be able to beat the rates I listed above.