Well, I'm pondering this.
So far, for doing trials at MyPoints, I've gotten lots of gift cards, free books and CDs, a couple of needed purchases, and have "earned" $100 back in rewards from all the points.
For Club Mom, they give points for all purchases at your local sponsored grocery store. And, 500 points per article you submit, even if they don't publish. So far from buying groceries and writing I've received $45 in grocery gift card as rewards.
The interesting point is, say you get a $25 grocery gift card from Club Mom. You use it, $25, to buy groceries, and the purchase is credited towards more points. There is no distinction made that you are using a g/c, let alone that it came from them.
You can also get Home Depot gift cards from most reward sites, use them to purchase Home Depot g/c through eBates at 3% back and no shipping, so you actually make money on the "free" money.
You can use the other reward gift cards like cash for any online transaction through eBates or other rewards and get more rewards.
Strange.
Oh, for everyone who has received the trial membership g/cs, you can use them to purchase numbered gift cards. Found this out in buying the computer, used 12 $10 g/cs and they converted them to 2 $50 store g/cs and 2$10, with "numbers", so they can also be used for online purchases. Which give more rewards...
Personally, I'm just pondering the loop in the system. But it was interesting to find out that it's a perpetual rewards cycle. I wonder just how much mileage someone could actually get from dealing the deals.
Using rewards to get more rewards.
April 11th, 2006 at 12:47 am
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April 11th, 2006 at 05:47 am 1144730858