Unlimited Cashback! - Best Buy and Discover Card

Disclaimer: I receive a referral commission for the following link(s) and I greatly appreciate supporting the site:  Best Buy, Top Cashback, Raise, Discover it®

Update: This method no longer works.  Discover Deals no longer pays out for purchases at Best Buy made with gift cards.


This one is almost too good to be true.  In fact, it is too good to be true.  If people start doing it and corporate hears about it, this will be shut down.  Guaranteed.

What if you could get free merchandise from Best Buy and get paid for buying it?  Wouldn't that be nice?  Well, weirdly enough, you can.


Here is how it works:


1) Buy a gift card from Best Buy.  You can buy directly from Best Buy or from a company like Raise that sells discount gift cards.  If you buy from Raise make sure to start from Top Cashback  to get an extra 2% off the price.  Let's assume you are buying a $200 gift card.

• Either way, pay with your Discover it® card and get an extra 5% for every online purchase.

2) Use Shop Discover with your Discover Card to go to Best Buy and buy a new gift card for a slightly higher denomination.  In our example, let's pick a $200 gift card and a $5 gift card.

3) Pay for the new gift cards with your $200 gift card, which Best Buy allows.  This leaves you with a balance of $5 which you can pay for with your Discover Card.

4) You will get 5% from Shop Discover on the entire $205 purchase, not just the $5 portion you paid with your Discover Card.  In our scenario, you will get $10.25 into your Discover Account while you only spent $5.

5) Rinse and repeat with a slightly higher denomination.





Don't forget to sign up for Best Buy Rewards Zone to get an extra 2.5% on anything you buy at Best Buy towards a future purchase.

What to do with all your Best Buy Gift Cards?

1) Buy merchandise from Best Buy

2) Buy Kindle Gift Cards which can be used for any Amazon purchase

3) I haven't tried it yet for this, but it might work on Best Buy Visa Gift cards.  They are sold in $200 denominations with a $7 fee.

The higher the denomination you start with the quicker you accumulate more rewards.


I tried this with Top Cashback, Ebates and Ultimate Rewards from Chase and none of them worked when I tried.  Shop Discover worked twice.