Has anyone tried buying gift cards on bidcactus.com? It looks like a great deal on gift cards. I just signed up today so I have not tried it yet.
The gist of it is that you are bidding on gift cards offered by some major retailers as well as Amex and Visa. I just saw a $100.00 Visa gift card go for $1.57. There is a catch in that unlike Ebay you pay for the amount of bids you make and you buy them in a bundle. Each bid is .75 and you buy bids in bundles starting a 25.
I'm going to try it as soon as I get some money in my Paypal account. Christmas has flattened my Paypal extra spending account temporarily.