Sorry, this deal has ended. |
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Update 10/29/21: I wanted to republish this in case you missed it the first time. This bonus expires in just over two weeks, but with the increasing number of deals we’ve seen in the last week or two, hitting $4,000 in net value cards shouldn’t be too difficult if you’re interested.
The Deal
- Earn $30 bonus when reselling $4,000+ gift cards to Aligned Incentives & mentioning GC Galore as your referrer.
- Direct link to application – mention GC Galore in the referral section to earn the $30 bonus.
Key Terms
- If you sell us non-GAP brands gift cards for a Net Payout of $4,000 or more during the Promo Period, we’ll add a $30 bonus on your 12/14/21 payout.
- Promo Period runs 12:01a 10/12/21 through 11:59p 11/14/21, Central Time.
- Net Payout is the amount we pay you for your cards (e.g. if you receive $90 for a card with a face value of $100, the $90 payout is added to your Net Payout).
- Net Payout is reduced by any cards sold during the Promo Period that are debited, even if the debit occurs after the Promo Period. If a debit causes your Net Payout to drop below $4000 after the conclusion of the Promo Period, your $30 bonus may also be debited.
- GAP brands (Old Navy, Athleta, Banana Republic, GAP, Baby GAP, GAP Kids) do not count towards the $4,000.
- Non-gift card items such as US Mint coins do not count towards the promo.
Tips & Ideas
My Experience
I’ve been reselling gift cards to Aligned Incentives for almost a year and have had a very good experience so far. I’ve sold something like $30,000 of face value gift cards to them in that time and have always received payment on time each week.
Payment
Payment is issued weekly for the submission period that ended nine days prior. For example, at the time of writing this post the submission period is October 11-17, 2021. Payment for any cards submitted during this week will therefore be issued on October 26, 2021.
Aligned Incentives issues payment by eCheck. If you’re not familiar with eChecks, they’re digital checks that you can print off and deposit to your account like normal checks for the most part. I say ‘for the most part’ because I used to be able to deposit them to my Wells Fargo account using the Wells Fargo app, but in recent weeks the app hasn’t accepted them. I have been able to deposit them in-branch/at drive-thrus without any issue though.
Things To Be Aware Of
There are a few key things to be aware of with this promotion. I’ve highlighted them in bold in the key terms, but thought it’d be worth covering them again here. For starters, Gap family of brands gift cards are excluded from this promotion.
Second, you have to resell $4,000 worth of gift cards based on the net payout. That’s different to the face value of the cards. For example, let’s say you sell $4,000 worth of gift cards at 80%. Your net payout would be $3,200, so you’d need to sell another $800 worth of cards based on their net payout value to hit the $4,000 mark to get the $30 bonus.
Third, you have to have submitted $4,000 worth of cards based on their net payout value by November 14. If you apply ASAP and get approved quickly, that gives you about four weeks, so an average of $1,000 per week. That’s not bad, especially because we’ll likely start seeing even more gift card deals in the coming weeks as we head into the holidays.
Rates & Gift Card Selection
Aligned Incentives doesn’t always have the widest range of gift card brands they accept at any given time compared to some other resellers or selling on Raise. However, on your Seller Dashboard you can request a deal if there’s an offer you want to take advantage of (or have already bought), so it’s worth reaching out to them if there’s a brand and/or deal not listed.
One of the great things about Aligned Incentives is that they offer some great resale rates. That can make gift card deals either more profitable, or at the very least make some deals break even where they wouldn’t be with other resellers or by listing the cards yourself on Raise. For example, at the time of writing this post Dollar General is offering a 10% discount on DoorDash gift cards. Aligned Incentives had been offering a 90% payout rate with a cap of $1,800 in face value gift cards per reseller. That cap has all gone now, but it’s a good example of deals that become possible thanks to the higher rates they sometimes offer.
Similarly, they’re offering 90% for Lowe’s gift cards from the Staples sale. That made that deal break even before taking into account portal cashback and 5x on an Ink Plus or Ink Cash card.
Risk
Gift card reselling is inherently risky. When I started selling to Aligned Incentives, I started small. My first payout was for $414, then I didn’t end up selling anything to them for a couple of months, then my next payouts were $380 and $120. Over time, I became more confident in my experience with them and so have increased how much I’ve been willing to sell to them at any one time.
If you’re interested in earning the $30 bonus, you won’t have the luxury of ramping up slowly like I did seeing as you need to resell $4,000 of net value cards by November 14. If you’re not confident in committing to that, that’s completely fair enough and I’m certainly not going to suggest you should – it’s all about your risk tolerance.
My Commission
For full disclosure, I’ll earn $10 for anyone who signs up and completes the above requirements.
Questions
I’ve tried to address as much as I could think to include in this post, but let me know if you have any questions and I’ll do my best to answer them.
Do they require Telegram?
We do have a TG chat for discussion of deals but joining it is not required
AI is great. Good group of people running the company, and a great interface to submit your gift cards. Been using them for quite some time. Highly recommended.
Is a US address/location/presence required?
Yes
😞
On Aligned Incentives website, when you reserve a deal there is a column “Pre-Approved Capacity”. Is this per person or across all members?
For example, on the Ace Hardware Kroger.com deal which comes with a 15% discount while Aligned Incentives are paying 86% of the face value netting a 1% profit, the “Pre-Approved Capacity” says $900. Does that mean each member can buy Ace Hardware GCs for $900 or is that the total across all members?
That’s how much you’re pre-approved for. If you go to make a reservation and scroll down to the section where you state how much you want to reserve, you’ll see two figures – one showing your ‘Remaining Pre-Approved Limit’ and a larger, second amount for ‘Remaining Total Capacity’. That second amount is how much is available across all members.
You can reserve more than your pre-approved amount – that guarantees you the maximum pre-approved limit and then Aligned Incentives will let you know if you’re approved for an amount over that limit.
Thanks!
How/when does the pre-approved limit reset? It seems a limit across all brands, not per brand?
I think the pre-approved limit is per specific deal. e.g. There might be two deals available for the same brand, each with their own limit.
From Aligned Incentives:
Because we’re buying goods and are not a marketplace like Raise, we do not send 1099s to sellers. We don’t give tax advice, but if you’re selling $20k+ per year you are running a business. Just because you don’t get 1099’d doesn’t mean that you don’t potentially have reporting requirements.
Is there any information available as to who is running the group and their background?
We are six friends who met at an Austin churning meetup around 5 years ago. We were all selling to gift card resale websites to meet minimum spend and decided we should just create our own company and platform and, in 2018, we did. We started out only allowing in other Austin churners and everything was run on spreadsheets. Around a year ago we invested in scaling up to be able to serve the general public. Aligned Incentives, LLC is registered in the State of Texas.
Do you have an email address where I can contact you with questions?
[email protected]
Thanks!
They only take a very limited number of brands & denominations at rates that you can get with other exchanges. Perhaps if you can source cards not on their buy list you could message them to see if they’re interested? If you’re doing 5 or 6+ figures of sales per year, probably not a viable exchange.
Revising this comment, they decent Best Buy rates. Windows to buy & list can be fairly short depending on the brand, sometimes only a day or 2. Very deal centric. They pay on a set schedule, which has led to the downfall of other exchanges… Fingers crossed. More potential than I initially thought.
When can I get the bonus? I received my 11/8-11/14 paycheck. However, it does not include the $30 bonus. I have received net payout over $20k from 10/17-11/14 (exculding Gap brans).
“We’ll add a $30 bonus on your 12/14/21 payout.”
Oh! My bad… I thought 11/14… Thanks.
My check is on hold as the Chase bank says it require more time to collect the money. Is this common ?
I’m not sure – I’ve never used Chase to pay in these checks. I’ve never had any problems with Wells Fargo though.
thank you