Gyft has axed the 2% reward program that made it a good option for buying gift cards. Gyft users will not be able to earn Points on gift card purchases anymore. Users will still be able to use their Points they’ve already earned and those Points will not expire until the end of the calendar year following the year in which such Points were earned or rewarded.
They say that you’ll be able to earn points through other action, so you should stay tuned for announcements on new ways to earn Gyft points!
Keep in mind that Chase Ink cards earn 5X on Gyft purchases, so it might be worth it for some purchases.
HT: to DoC for the bad news