Ok, thank you. Do you guys have Target gc on hand for this or do you buy e- eBay cards for the first part of the transactions?
I try to convert most, if not all, of my Target gift cards into eBays soon after I receive them so that they're ready for the next eBay Bucks offer.
eBay Bucks offers pop up without notice, usually with an email in the early morning, so I found myself scrambling to order my eBay cards on Target, find something else small to add to my order to qualify for Ebates cash back, all before leaving for work; then hoping my order goes through, the eBay gift cards deliver quickly and aren't canceled. It can take anywhere from an hour to a day for the eBay cards to deliver to your email inbox, then you have to wait 3-4 hours for them to activate and be ready to use. By the end of this process, the eBay Bucks promotion is still usually running, but Gift Card Mall may have already sold out of $150 (and sometimes even $100) denomination Target cards, thus bringing up the shipping cost if you have to buy $50s and leaving you with a bunch of small cards that you'll have more difficulty spending at Target (online only accepts 4 gift cards per order).
Two really good points came up on this thread. Like
@Vernie822 said, it can be good to have some Target cards on hand in case you've spent your eBay cards and the resulting Target cards are still in transit. In the last few weeks, eBay's run some pretty good deals and a few eBay Bucks offers (3x, 5x, 4x) a week-after-week. If you spent your eBay cards last week and still haven't received your Target cards to convert back to eBay, you might miss that week's promotion. The flip side to this tactic is you're not spending all your churnable money on a promotion certain to hold back for one that might or might not pop up. I guess one way to split it is if the eBay deal is really good (4x or 5x), go all in and convert any remaining Target cards to eBay to get in on the offer; if it's not so great (3x), spend some or skip it altogether and it's no big loss.
Someone else mentioned this a long ways back in the thread, otherwise I'd credit him/her. Target occasionally runs sales on eBay gift cards (not often, but twice that I can recall during the holidays when they were 10% and 5% off in addition to the Red Card 5%). Having Target gift cards ready for such an offer might be worth keeping some on hand. But Target posts new sale items on Sunday, so if there's no sale on eBay gift cards then, you want to just covert Target to eBay. Overall, it seems eBay runs eBay Bucks promotions more frequently than Target discounts eBay gift cards.