UPDATE – SIMON MALLS IN A FEW CITIES HAVE BEEN SOLD TO ANOTHER PROPERTY AND ONLY THOSE LOCATIONS ARE EFFECTED STARTING TOMORROW INCLUDING RICHMOND, VA WHERE I LIVE
Simon Mall sells gift cards are a great way to manufacture spend. We are able to purchase several thousand dollars of these gift cards at one time and liquidate them using prepaid cards such as Serve and Bluebird to earn miles and points.
I was at the Simon mall location in Glen Allen, VA this morning and my friendly rep handed me the below brochure –
According to the note this particular Simon mall location will stop selling Gift cards starting March 1st 2016. It is still a few months away but may change the way a lot of us do manufactured spending.
I am not certain if this will be implemented nationwide at every Simon Mall location I guess we will have to wait and see. When I asked the rep reason behind it she was very vague and mentioned that a new company is probably taking over the gift card division. I guess we will have a better picture here in the next few days.