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The Deal
- TopCashback is offering bonuses on the following gift cards when redeeming earned cashback:
- Nike – 15% bonus
- Gap – 15% bonus
- Sephora – 10% bonus
- Target – 10% bonus
- Grubhub – 10% bonus
- Direct link to offer.
Key Terms
- Expires August 21, 2020.
Tips & Ideas
While I’d still prefer cashing out via ACH, if you’re planning any purchases from Nike, Sephora or Target, bonuses of 10% or 15% are fairly solid.
Remember that the fact that it’s a bonus means the discount is calculated differently which is something you need to take into account if you’re planning on reselling the gift cards. For example, redeeming $100 of cashback for a Nike gift card means you get a $115 gift card. Your cost was $100, so that’s a 13.04% discount. For the cards offering a 10% bonus, the discount is 9.09%
h/t EW