I signed up my two Bank of America credit cards and my Chase credit card, so I think I could get back up to $300 in statement credits,
You have to be careful as not all banks are participating and the participating merchant list is not that great (yet). People on SD reported they got in on this deal this morning and bought $10 digital gift cards at Newegg, so basically they got free money to spend at a variety of merchants, but Newegg has since closed that loophole down and is not allowing Paze digital wallet purchases for gift cards anymore.
It looks like I will be using Paze on online orders at Wendy’s, Dunkin’ Donuts, and Dominos. It should be noted that Paze cannot be used to pay in store, so in order to use it you have to order online at the merchant’s website and then go into the store to pick up your food…
No longer working for 3rd party gift cards
Still working for NewEgg gift cards
Per Paze spokesperson:
“I want to let you know that because usage has become heavily concentrated at one merchant, we are clarifying the program’s eligibility for certain transactions to better align with the original goal of driving broad, sustained adoption. This promotion was designed to introduce cardholders to Paze and encourage them to use it as a convenient checkout option across many online retailers over time.
Practically, what this means is that consumers will no longer be able to purchase third-party gift cards through Newegg with this promotion.”
The spokesperson also confirmed that orders placed from yesterday until today, when Newegg stopped allowing Paze for 3rd-party gift cards, will be honored as per the original promo terms. Per the terms, it can take up to 2 billing cycles for that credit to post to your account.