Options
You can't buy coins with an Amazon.com gift card
David1940
Posts: 64 ✭✭
Maybe everyone knows this already, but I've found that you can't buy coins with an Amazon.com gift card. I wanted to get some proof sets, and at checkout, I get this message that says that the items in my cart are ineligible:
https://www.amazon.com/gp/help/customer/display.html?nodeId=3122091
0
Comments
I did not know that..... I have purchase many other items with Amazon gift cards...never tried coins though. Cheers, RickO
Gift cards are horrible for consumers and great for Big Business.
Never ever buy a gift card for anyone, EVER! Give them cash and they will be very happy. Tell them what to buy with it if you must.
Seems strange to me that collectible coins are verboten. I can understand bullion, but not coins.
Anyway, I get an Amazon gift card each year when I take my loose change jar to the Coin Star machine. Usually about $100 or so. Best thing is that you get full value and since i use Amazon a lot, I feel I am getting a good deal.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
I think, but I'm not sure, that a similar policy is in effect on eBay applicable to their g.c.'s
You kind of have to wonder if it's all due to an interpretation of the usual prohibition of getting CASH for gift cards?
"Coins are money....You can't trade your gif cards for cash....Therefore you can't get coins with gift cards."
(?)
What retailers count on with gift cards is non-redemption of the card, or a balance being left on it.
Don't many/most/all states have laws about that? Unclaimed property that must be turned over to the state after, in some cases, a very short time.
I have no idea but you can get cash for gift cards at the pawn shop here, IIRC
I'll have to check.
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
"Gift cards" are much like the small denomination paper money state banks issued before the Civil War. The issuer knew that a significant percentage would be lost or forgotten, and then the issuer could always repudiate them.
That's stupid.
Great transactions with oih82w8, JasonGaming, Moose1913.
I wonder why they have a restriction such as that? Money is money, they were bought with money. What difference does it make if I use a gift card balance, credit card or cash, they are still getting the same money... maybe even more if you consider the CC fees.
And it's everything in the category including books and supplies.
I discovered this a few months ago. Last time i ever use my hotel points for amazon gift cards.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
Well, obviously. States are not going after this, but I can guarantee if they did, gift cards would disappear quickly.
This is true, but it doesn't apply the same way to Amazon "gift cards". The gift card becomes a digital balance that then functions the same as cash on a soup-to-nuts E-commerce site. Unless you simply don't use Amazon, it's kind of hard to lose the "gift card" balance.
Many times gift cards are discounted, probably with the intent that a purchase of goods will make up for the discount. (For instance, right now, my grocery store chain has a "Buy $50 of qualified gift cards, and get $10 off your next purchase."
Should you be able to redeem the GC for cash or equivalent, it would be a direct loss, and quite the lucrative business. The above offer would get you a 20% return. I'm not sure if there's a limit, but I'd buy all sorts of gift cards, cash them in for cash, and get my groceries free...
What is the definition of a collectable coin? I could argue that a bullion ASE is a collectable. A policy of no coins solves that problem.
Yep. Especially since so many banks want a percentage now. Although I found out a friend has a bank that still counts for free, so I may launder some change through her bank...
Never shop there. Then again, I don't tweet, either.
I run the package sort at UPS and am a shifter for driver. The amount of "Damagezon" packages I see every day is ridiculous. I bet UPS loses more money on packing tape than they do contracting USPS out to the Surepost program. I'd never buy anything worth any value on Amazon.
The last two gift cards we got, we bought 200 bucks in junk, canceled immediately, took the balance on our account and transferred to our bank then to PayPal. Not sure if you can do this anymore.
If I don't use the balance on Amazon, my wife will. I have put Coinstar money onto Amazon then my wife spent it - she uses for everything. I only use it for books.
Oh nice, I can turn in this 96 bucks of verdigris bent worn-ragged "memorial cents" bag and get amazon money? Good. I've got a balance and you can buy stamps cheap for below postage and write off full post paid.