Present card discounts can be found throughout the internet – if you know where to look. These types of discounts and deals can be found on all types of gift cards, including eating place, gas, specific stores and prepaid card gift cards. Knowing where to appearance is one key to getting a good deal on gift cards. Being cautious in ordering them is another.
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This article will explore the numerous ways to find gift card discount rates.
According to a November 19 2007 holiday outlook report by Lehman Brothers (NYSE: LEH) analyst, Robert Drbul, consumers are expected to spend $35. 75 billion on gift credit cards, up from $24. 81 billion dollars spent last year. This means that merchants plus stores, both online and offline, are prepared to offer gift cards. This also indicates there are more choices for the buyer of gift cards.
Here are 5 ways to find or get a discount upon gift cards, or ultimately not overpay for a gift card.
1 ) Find a No Fee Gift Credit card.
Most gift cards do not assign a fee when you purchase all of them. Yet, they may have a few “strings attached” regarding their use. Make sure you read the terms and conditions of card you intend to purchase. Some gift cards whittle away at the balance (they call it “maintenance fees”); some even expire following a year or two. The best type of gift card to choose is one that has no expiration date, has no activation time limit and slowly reduce the balance of the card due to non-use.
Many states have set up specific regulations regarding the gift card terms that disallow termination and balance fees.
2 . Obtain a Gift Card with a Purchase
Many merchants and stores offer a gift card with a particular purchase. For example, (usually closer to Christmas), some gas companies will offer a $10 or $20 gift card with the purchase of a car tank fillup. Or, a department store may offer a present card with a purchase of $100 worth of products. Keep an eye out for people offers. You can either use the present card yourself, or give it aside as a gift.
3. Use Your Charge card Reward Points to Acquire a Gift Card.
Many “reward” credit cards allow you to turn your reward points into dollar amount gift cards. Although, this particular really can not be considered a “bargain” since a reward point usually equates to 2 cents and a $25 gift card usually requires 3000 in order to 5000 reward points. It is a good way to use “unused” reward points and a way to get a couple of gift cards to giveaway.
4. Buy Empty Gift Cards.
There are websites like Swap A Gift that allow individuals to post their unused gift credit cards for sale. You can find a lot of great deals where you purchase an unused gift credit card at lower than face value cost. These types of websites usually require the seller to prove the value of the gift card, so there should be minimal issues in receiving your purchased credit card.
5. Buy Gift Cards on eBay.
The eBay auction site has over 1, 000 gift card or gift certificate entries online at the time of this writing. Several gift card / certificates are usually listed with no reserve, and much less than the face value of the card. When choosing to buy a gift card on eBay, your own biggest precaution would be to check the Seller’s Feedback and make sure it is good for Sales. In addition , it would be a smart idea to make sure there have been recent positive comments on gift card sales as well.