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Save money by using gift cards

4 Clever Ways To Save Money On Gift Cards

Gift cards are a ubiquitous part of the modern retail world. People love receiving them, they are useful, they are widely accepted, and they are as good (or better) than cash. You can use these clever tips to save some money on your gift card purchases to stretch your buying power.

Buy Gift Cards While Saving Money

There is hardly a place you can’t find gift cards for sale these days. Grocery stores, gas stations, clothing stores, and coffee shops around the country all have them for sale. They are easy to buy for gifts, or to help allocate funds for your personal budget.

In order to get the most for your money, it is important to pay attention to the following tips:

  • Understand Fees. Merchant-based gift cards are sold for face value. If you pay $25 for the card, you get $25 of purchasing power. Purchase fee cards, like VISA, MasterCard, and AmericanExpress gift cards require activation fees that range from three to six dollars per card.
  • Use Gift Card Exchange Sites. If you have time, shop for gift cards on exchange sites like CardPool, Raise, or GiftCardGranny. They offer several different ways to save money on gift cards.
  • Try Ebay. This is a more time consuming way to find deals, but it can also be rewarding. Persistence can help you save money on the gift card auctions you find.
  • Use Promotion Codes. Many online gift card sellers offer promotions and coupons that help you save money on gift cards. You can search from promotion codes, or earn them by signing up for memberships or email lists at certain sites.

Gift cards are popular in large part because they are as easy to use as cash. If you can save some money on your gift card purchases, you are putting more money in your pocket. These four tips can help you get deals on your gift cards. You can learn more about plastic gift cards at Plastic Resource (