Amex + countdown shop online + prezzy cards + onecard = 3.6% cashback on all credit card spend?

Hi all

Does this work do you think?

Shop online with countdown, with a registered onecard (approx 0.1% cashback value), paying by amex (if you have a member rewards card, you get 3x points for supermarket spend, which when converted to airpoints is worth 2% cashback value), and buying countdown vouchers. Kiwiwallet gives 1.5% cashback on all online countdown spend

You use the countdown vouchers in countdown store to buy prezzy cards, which you can use anywhere credit cards are accepted. So you can effectively convert all credit card spend to get:

onecard 0.1%
amex 2%
kiwiwallet 1.5%
Total = 3.6%

Any reason that won't work? Potentially prezzy cards cost more than face value?

Related Stores

American Express
American Express

Comments

  • +1

    did you account for the $5.95 cost to buy a prezzy card?

    • No… I guess that is the problem then.

  • Found this on Kiwiwallet site:(Gift cards are excluded from cashback)

    Countdown Online Shopping
    Special Terms: Cashback is not available through the Countdown iOS/Android apps. Cashback is not paid on Lottery Tickets, Tobacco, Gift card purchases, Voucher Codes not listed on Kiwiwallet and purchases under $50.

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