UPDATE: Yazing has issued the following update regarding the gift cards.com cash back reversals on 7/31/18:
The GiftCards.com team has gotten back to us and confirmed that the vast majority of the reversals were made in error. They are working to correct those now. Please watch your dashboard and transaction emails over the next few days and if there are any valid orders that haven’t been resolved by the end of the week, please email firstname.lastname@example.org with the transaction information and order confirmation emails in order to create a new support ticket and we will work with GiftCards.com to get answers and hopefully resolve any outstanding issues in short order.
Thanks for your patience and continued support.
I got a message from a reader named Jim this morning, alerting me that Yazing reversed several of his cash back transactions. As most of you know, I’ve been buying MasterCard gift cards online and Yazing continues to pay out 1.5% cash back on those transactions. I always get a notification about a day later, letting me know I’ve earned ~$37 cash back. The actual funds are normally deposited via PayPal within 30 days. That’s why I prefer Yazing over other cash back portals – they pay out fast.
When I got this email from Jim, I checked my own email and noticed two reversal notifications. I did have a couple of cancelled orders, so I figured that’s what it was for. But then about 30 minutes later I got another email notifying me four other transactions that had previously been confirmed were essentially reversed. I had over $223 worth of cash back cancelled out. That’s not great.
I’ve emailed Yazing to figure out what’s going on. These alerts may have been sent out in error or perhaps giftcards.com decided to backtrack on their 1.5% cash back orders. Time will tell. I will update this post as soon as I hear back. I just want to make sure you’re all aware of this in case you planned to place some more giftcards.com orders.
After what happened with The Plastic Merchant, I’m much more on alert when I hear reports like this. Again, we have no idea what’s going on and I don’t want to jump to conclusions. I just want you all to be aware and hold off on making further purchases until this has been resolved. If you absolutely need to purchase gift cards online, you might want to try TopCashBack in the meantime. They only offer 1% cash back, but it’s really your only option at this point.
I’ve been using Yazing for several years and have never had a problem with them. Just two days ago I received a payment for $189.35 from them. Hopefully this is just a fluke. If you have any info on this situation, please share in the comment section.