Gift cards used to only be sold for face value, and you would seldom (if ever) see a sale of any type on one.
People who walk into shops to redeem gift cards, on the other hand, are more likely to make a purchase of full-priced products than people who spend their own money, (ii) will likely spend more than the value of their gift cards, and/or (iii) will return to the store multiple times to redeem their gift cards.
Merchants who want more of these customers in their establishments use gift cards to entice both present-givers and clever shoppers who use gift cards to save money on their planned expenses.
So, where can you get fantastic gift card offers and save money? You have a few options, but first, let me explain the differences between two types of gift cards that are sold for less than their face value.
First, there are cheap gift cards that have been previously used and are sold by gift card resellers. Second, new gift cards are now available for purchase at a variety of physical and digital venues.
Check Out: How To Sell Gift Cards For Cash In 2022
Pros and Cons of Buying Gift Cards
Gift cards appear to be a terrific alternative, but they do have some disadvantages. Examine both choices before coming to a decision.
Gift cards, on the other hand, are a good method to keep track of your spending.
There’s no way to justify spending another five bucks when the card already has so much.
How many occasions have you gone shopping and found the perfect gift, only to discover that it is just out of your financial reach? And everything inside the budget is in disarray.
Gift cards allow for the calculation of a specified amount, after which the receiver is free to augment it at a much-reduced cost to themselves if they like.
Read Also: 15 Sites To Buy Discounted Gift Cards
Make your own decision:
Gift cards, on the other hand, allow the recipient to select something they desire.
Rather than attempting to return those hideous shoes under the table, you can go straight to the real deal. It is enjoyable, and it assures that the recipient of the present has a real desire for it.
Don’t go overboard:
Gift cards, on the other hand, allow people to give gifts without going over the top, which is a different but somewhat valuable perspective.
Your boss, neighbor, or anyone else you know on a semi-personal basis may be wary of receiving anything intimate and significant, but a gift card is an ideal compromise.
After all, who can refuse a card that includes a free coffee?
Feels Cold and Impersonal:
Gift cards, on the other hand, can come across as uncaring. It’s fun to speculate on what each person will give you, and personalized gifts may make a lot of difference in a partnership.
A gift card can appear haphazard as if it was snatched on the way out of the supermarket. So maybe cover its base with a handwritten inscription or connect it to a little, personalized gift.
Small Balances are useless:
The most troublesome aspect of gift cards is the collection of plastic with a total value of 68 cents in shop credit.
If the person remains below the card’s total, they will most likely end up with a waste of money that they will be unwilling to discard because “you never know!”
Conditions and Fees:
Lastly, and much to our dismay, certain gift cards are subject to charges and restrictions.
Although different venues will put varying constraints on gift cards, there is no universal rule here.
The terms may differ across digital and in-store, and the credit may or may not be allocated to the most popular products.
Do some research and find out beforehand – it might be best to pass on the card if it’s going to frustrate the person you’re trying to impress.
10 Best Places To Buy Gift Cards In 2022
Let’s get started on the list with those two considerations in mind. The ten finest locations to buy gift cards are listed below.
Raise’s gift card exchange website is well-designed; the interface is clean and modern, and it’s easy to figure out where you purchase, sell, and earn rewards.
The free mobile app has the same feel and is just as simple to use. One unique feature of this gift card exchange website is the shopper guarantee, which states that for a full year after you purchase a gift card, Raise will reimburse your purchase price if you’ve been waiting for a physical card to arrive, it has an inaccurate balance, or it’s simply not the card you purchased.
Raise pays a good price for gift cards and has partnerships with major stores, as well as the option of cashback when gift cards aren’t available.
When exchanging gift cards for cash, you’re guaranteed roughly 85-90 percent of the value, which is low among trading platforms, and you can be paid via PayPal, wire transfer, or a check in the mail (although this last option carries a hefty fee).
Gyft is one of the most reliable gift card shops online, allowing you to buy, send, and monitor gift cards safely via their website and mobile app.
Basically, Gyft offers gift cards from a wide range of retailers. Amazon, iTunes, Starbucks, Target, Bloomingdales, Macy’s, Nike, Sephora, and others are among the well-known gift store retailers on Gyft.
They also run gift card promos and have a corporate purchasing option called Gyft Corporate, where you can buy gift cards in mass for your organization. You can give these bulk gift cards to your staff as incentives or awards.
You can easily buy and sell food gift cards here because restaurant.com has made the process so simple. All you have to do is register for free on their site and you’ll be able to buy and sell food gift cards in no time.
You can order them for dine-in or home delivery, and you can also view the menu, directions, and virtual tour of the restaurants mentioned on the site.
Gallo Nero 1, Cara Mia, La Carbonara, Aleo, and more well-known eateries are included on the list. The physical gift card will be mailed to you for no charge, and the e-gift card will be sent to you through email.
eGifter, another safe player in the gift card sector, sells gift cards with values as high as $2000, with brands like Amazon, Adidas, Nordstrom, eBay, Domino’s, and others.
In terms of group gifting, the concept of eGifter is a little different. Of course, you may purchase a standard gift card, but there is also the option of group gifting a card, which allows a group of individuals to contribute to the Buying of a gift card for others.
GiftCards.com is one of the major online gift card merchants in the United States, with cards from over 500000 large and small businesses.
Sephora, Barnes & Noble, Best Buy, Coach, Amazon, and others are among the well-known retailers. GiftCards.com sells both physical and electronic gift cards (which are to be used just online).
The physical gift card would be mailed to you at a charge of $2, and the e-gift card would be sent to you by email.
If you’re looking for corporate gift cards or bulk orders, these are also available, as well as the ability to create a custom design for your card.
Not unexpectedly, the #1 provider of gift cards at supermarket stores around the country also provides the same choices electronically.
In reality, the online Gift Card Mall has a much larger range. You may be surprised to learn that some of those brand-new gift cards are occasionally sold for much less than their original amount.
GiftCardMall is an outstanding gift card hub that you can buy from with simplicity, and it is another successful initiative of Blackhawk Network Holdings, among many others.
It sells actual and virtual Visa gift cards, as well as gift cards from over 800 retailers, including Amazon, eBay, Home Depot, Target, Starbucks, and others.
You can also purchase gift cards for a variety of occasions, including Christmas, birthdays, weddings, and other celebrations. If the designs of the cards you see don’t appeal to you, you may create your own and create a genuinely unique gift card.
ABC Gift Cards.com looks to be linked to CardCash because the two websites are practically identical in every manner.
Still, if you’re in the region of ABC Gift Cards, it’s one of the best web platforms for finding gift cards, along with CardCash.
You’ve decided to purchase gift cards for at least some of the folks on your holiday shopping list.
Check out this webpage before going to the store to buy the cards directly from the issuing retailers. You may save a lot of money on each gift card, and even more if you buy them for a group of individuals.
This user-friendly website offers discounted gift cards for a wide range of popular stores.
So, whether it’s Calvin Klein or Amazon, this site has plenty of wonderful cards, and gift cards can be purchased at a reduction of 35 percent.
The business also promises a 45-day money-back guarantee and free shipping, with cards arriving in up to seven days.
CardCash offers gift cards from well-known retailers such as Starbucks, Walmart, CVS, Subway, Kohls, and others.
Physical gift cards and customizable e-cards are both available on the site; normal USPS delivery is free, and your card could arrive in one to five working days. CardCash, according to their website, offers buyers a 45-day money-back guarantee.
This implies that every gift card you buy from CardCash is good for 45 days from the date of purchase at the retailer for the specified dollar amount.
Within those 45 days, if you or the recipient you bought the card for has any issues with the card balance, you can reach out to CardCash for a refund.
One of the fastest gift card service providers is The Card Closet.
They mostly sell digital gift cards ranging in value from $10 to $200 from a variety of markets and online businesses, including Amazon, eBay, Google Play, Xbox, iTunes, and others.
Simply place your order, and the gift card will be emailed to you in 5 minutes.
10. Paypal Digital Gifts:
While most other gift card companies accept PayPal, PayPal Digital Gifts is a good option if you only want to buy a gift card with PayPal cash.
It sells gift cards from a variety of retailers, including Amazon, eBay, Target, Google, Walmart, Apple, and many others.
Simply check to see whether it is a decent offer. There is no charge when paying using your PayPal balance because no conversion is required, but there is a fixed price for other payment options, also known as Alternative Payment Methods (APM), which varies based on the area and currency.
Other Points to Consider
According to studies, consumers spend gift card balances more easily than cash.
Some people can use gift cards as if they were cash, but others will spend more than they would otherwise.
If you wish to return something you bought using a gift card, you’ll run into another issue. Instead of receiving actual cashback, like you would if you paid with a credit or debit card or cash, you’ll normally receive a gift card as a refund.
Gift Card from Amazon
Gift cards, in general, are considered non-refundable. When you buy a card, you only use it once and stick to the terms of the purchase. Buyers are allowed a lot more leeway in practice, and they can return most things in certain circumstances.
In the event that the card is lost or stolen, having the sales receipt will help to establish that it was purchased. Any money added to a gift card in the future must be valid for at least five years.
A gift card is a kind of currency that can be used in stores, service stations, eateries, and other places… You load money onto the card, which you or the gift recipient can spend at any store that allows it. A few prepaid gift cards have a fee associated with them.
Gift cards are popular and widely used because they are a safe and easy payment and gift option. Gift cards have been the most popular gift in America for 14 years in a row, according to the National Retail Federation, and they’re also popular incentives and rewards.
Because gift card inventories differ by site, there is no single ideal place to buy gift cards.
Many online sites sell a big inventory of gift cards, including Giftcards.com, eGifter, Raise, and CardCash.
There are a few more, all of which provide the same fundamental service: the ability to purchase retail store gift cards and e-gift cards.