Facebook announced in June that it’s phasing out the Facebook Credits currency, and as a result, two rewards programs that offered them as their sole redemption are now offering gift cards: Plink and 4Loot.
Plink made the switchover to offering gift cards around the first of August. Similar to a credit card-based rewards program, you earn Plink points by using a registered debit card to pay at participating restaurants and movie theaters. In addition, email subscribers were recently given a short-term opportunity to earn at Target stores as well. (250 points for each purchase over $25; because 500 points = a $5 gift card, this works out to a reward of up to 10%, if you spend right at the $25 mark for each purchase.) Read my full Plink review here.
4Loot was unique as a rewards program only to the extent that it offered Facebook credits as its sole reward. Now that it’s also offering gift cards, it’s similar to Swagbucks, Superpoints, and iRazoo in that you earn by watching videos, playing games, completing offers, and you’re randomly awarded points for using their search engine. Where Plink made the switchover to gift cards and away from Facebook credits overnight, 4Loot is phasing out Facebook credits — you can still choose them as a redemption, but you can now opt for Amazon gift cards instead.