There is, mostly on the merchant side and generally only with cash-equivalent gift cards. Buy enough of those and your bank is likely to shut you down. FlyerT

There is, mostly on the merchant side and generally only with cash-equivalent gift cards. Buy enough of those and your bank is likely to shut you down. FlyerTalk is full of threads about this. There used to be a number of easy ways to buy Visa gift cards and then cash them out to your bank account. You could send a couple thousand bucks in a circle earning points off each purchase.