Liquidating Amazon credit?

Finance
1

I recently got a hold of $1000 in Amazon credit for 20% off – someone had a ton of rewards points to redeem and I paid them in cash in exchange for Amazon credit.

It’ll probably take me a year to liquidate this with my usual household purchasing, but I’d rather get rid of it sooner than that. They have all been applied to my account already, so I can’t simply resell the cards.

The biggest thing for me will be to buy a bunch of random gift cards like Netflix and Lowes. I think those would be the fastest ways to liquidate as long as I sell to family/friends that won’t chargeback :slightly_smiling_face:

Any thoughts? I honestly didn’t think I’d have this “problem” before as my annual spend on Amazon used to be ~5k, but I’ve found myself needing less stuff recently (which is good!).

2

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3

This is the way I’d go with it. It won’t take long if you keep an eye on the usual places that announce sales of GC on Amazon Goldbox.

4

Obligatory… condoms.

5

Those are for the hookers, but you forgot about the little mirrors and straws for the blow.

1 Like
6

You can look for items that you can list on ebay and drop-ship from Amazon, though there is some risk if you get a bad buyer.

7

Thought about this, but it’s too risky. I’ll definitely end up spending the cash at some point this year, just don’t like it in the back of my mind.

I have some home projects to do so getting 20% off Lowes will help quite a bit.

8

Amazon sells some grocery store Physical GC, 20% off groceries or Grocery store gas is not bad.

9

Amazon usually doesn’t allow gift cards to be purchased with Amazon gift card balance.

10

As long as it’s not Visa or Amazon they don’t care. I bought some Safeway, Lowe’s and Netflix already.

2 Likes
11

I haven’t done so myself yet, but you can use Google Play credits (amazon sells egift cards) to pay for Youtube TV.