Wunschgutschein & Triple Dip: How to Earn Points Multiple Times (2026)
With the Wunschgutschein strategy you earn PAYBACK and AMEX/M&M points at the same time. The triple dip concept explained.
Quick answer: Triple dip means: on a single purchase, cashing in PAYBACK points + credit card points + coupon bonus all at once. Here’s how: buy a Wunschgutschein online at PAYBACK, pay with your AMEX or M&M card, and redeem it at partners (Otto, MediaMarkt, Zalando). Savings: 5-8% on every purchase is possible. Detailed multipliers in the Premium Handbuch.
With the right strategy, on a single purchase you earn from several bonus systems at the same time - that’s called triple dip.
5 Strategy Sheets: Wunschgutschein, Everywish, BestChoice, cadooz, PAYBACK Gift Cards
One dedicated Google Sheet per provider, with the PAYBACK points rate, splittability, triple dip score and the most important top redemption partners. Including a ⚠️ note on which provider does NOT include Amazon and which cadooz tier variant you need.
These sheets show you where the levers are. The Premium Bundle (€99) shows you how to turn them into six-figure point totals per year.
Go deeper per provider: Wunschgutschein redemption partners · Everywish redemption partners · BestChoice redemption partners · Cadooz: earning miles via the M&M benefits world · PAYBACK Rewards Shop gift cards
What is triple dip?
Triple dip means: on one purchase, using three different point systems at the same time. Instead of just one credit, you get three.
The basic idea:
- Bonus system 1 - e.g. PAYBACK points via a coupon
- Bonus system 2 - e.g. AMEX MR or M&M miles via credit card payment
- Bonus system 3 - e.g. redeeming a voucher at a partner
The result: multiple point credits for the same euro.
What is Wunschgutschein?
Wunschgutschein is a universal gift card for over 500 partners - including Amazon, Otto, MediaMarkt, Zalando and Douglas. You buy a voucher and redeem it at the partner of your choice.
The special part: when you buy the voucher you can earn points - and then you simply use the voucher to shop as normal.
The concept: Wunschgutschein + PAYBACK + credit card
The base idea is simple:
- Activate a PAYBACK coupon - search for Wunschgutschein coupons in the app
- Pay with the right credit card - AMEX MR or Miles & More card
- Redeem the voucher at Amazon & Co. - use it for any purchases
That way you earn PAYBACK points AND credit card points for the same amount. More on the PAYBACK strategy: PAYBACK points: 11 tips
Why online instead of in store?
Since REWE/Penny left PAYBACK (2024), the in-store purchase no longer works well:
- EDEKA/Netto: vouchers are often excluded from coupons
- PAYBACK online shop: this is where you find the best multiplier coupons
The PAYBACK online shop is the key to this strategy.
Which credit card?
| Card | Points per EUR | Welcome bonus |
|---|---|---|
| AMEX Platinum | 1-1.5 MR | 85,000-200,000 MR |
| AMEX Gold | 1 MR | 50,000-75,000 MR |
| Miles & More Gold | 1 mile per €2 | 4,000 miles |
Don’t use: the PAYBACK AMEX at PAYBACK partners (only 1 point per €3 instead of 1 per €2) - find out why here
How much is possible?
With the base strategy, 5-8% savings is realistic - it varies depending on the current PAYBACK multiplier and credit card.
The pro version: there are ways to optimize this strategy significantly - with higher multipliers, better timing and the right card combination. You’ll find the complete guide with all the details in the Premium Handbuch.
Common mistakes
- Forgetting the coupon - always activate it BEFORE the purchase
- Using the PAYBACK AMEX - it has a worse earn rate at partners
- Ignoring limits - max. 5 vouchers/day, max. €500 earns points
Frequently Asked Questions (FAQ)
What does triple dip mean?
Triple dip means using three point systems at the same time on a single purchase - e.g. PAYBACK + AMEX MR + partner bonus. That way you earn multiple times for the same euro.
Which credit card should I use?
Ideally an AMEX with Membership Rewards or a Miles & More credit card. Not the PAYBACK AMEX at PAYBACK partners.
Is it worth it even for small amounts?
It’s worth it from €25 up. For smaller amounts the effort is too high relative to the return.
Can I buy several vouchers a day?
Yes, up to 5 vouchers per day and a maximum of €500 earning points per PAYBACK account.
Conclusion
Triple dip is a powerful concept: with the right combination of PAYBACK, credit card and vouchers, you earn points multiple times for the same purchase.
The base strategy is simple:
- Activate a PAYBACK coupon
- Pay with an AMEX/M&M card
- Redeem the voucher
For the pro version with optimal multipliers, the best timing and more triple dip strategies (like the points machine), check out the Premium Handbuch.
Further reading:
All strategies in the Premium Bundle
14 chapters + audiobook (1:42h) with the complete system for 500,000+ points in your first year.
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MEILENKÖNIG
Expert for miles, points, and credit card strategies. Helps travelers fly business & first class for a fraction of the price.