Simon Mall regulars are being informed by their Simon contact that $1,000 Visa gift cards will be available from July 17th through August 4th. Activation fee will be the standard $3.95 per card. It appears this will be an in-store deal for purchase at physical Simon locations.
This isn’t (currently) being publicly advertised so we don’t know how it’ll pan out. Maybe it’ll only be available for designated buyers, and not for the public? Possible, but for now I’m reading it as something which will be available for anyone. Possibly it’ll be advertised and possibly upon request. We’ll have to wait for more details.
We wrote last month of a rumor that Simon would begin selling $1,000 Visa gift cards online to churners. Not clear if this temporary offer is what was being rumored there. (That rumor referenced an online offer while this deal seems like it’s for in-mall purchase.) Likely, Simon is exploring the idea of making $1k gift cards more widely available, and offering this temporary offer to get more data on how it’ll pan out.