5 Ways To Maximize The Value Of Gift Cards 

Giving gift cards to a colleague, friend, or a loved one doesn’t require any occasion at all. In fact, you can hand one to a person that you like just because. 

If you’re a savvy shopper and you’ve already accumulated a considerable number of gift cards from loved ones, then you must be thinking about how to effectively maximize their worth. Wondering how to make the most out of your stockpile of gift cards? Then this article is for you. 

To help you out, listed below is a series of practices said to be helpful in boosting the value of your gift cards. Read on to find out more about them. 

  1. Stack Gift Cards On Transactions 

Have you ever experienced having a stockpile of gift cards but were prevented from using them due to them being way over their claim date? While this might make you consider throwing them all away, halt for a moment because there’s a chance you can still utilize them. But before that, you must first aim to gain additional numbers of gift cards through free gift card survey and promo ads for better options and alternatives. 

You can optimize your gift cards by utilizing them on your shopping bills. Coupons, in particular, can be put to use even after their expiry date as long as they’re redeemable. The good thing about them is that you can still use them to buy whatever you need in some instances. Furthermore, such alternative also makes for discount opportunities for online promotions, in-store sales, and loyalty awards.

  1. Asure Their Timely Use

If you want to take full advantage of your gift cards, one of the best things you should do is to use them immediately. Whether it’s on an online shop or a during a mall sale, you can apply them to your purchases and transactions to avoid dealing with expiration issues. 

For immediate access, you may put them in a place where you can see them. You can store your gift cards next to your credit cards and debit cards for instance. Through this, you’ll see them every time you have to pay for your bill and you can easily reach out to redeem them.

  1. Put Them For Sale

Gift cards are an ideal form of present to anyone you love, especially during holidays and special events. However, if you have received and collected many of them, then it’s just understandable to use them in a way differing from their original purpose. 

One of the best ways you can maximize the value of your gift cards is by putting them for sale. Not only can you obtain extra money out of them, but it’ll also enable you to help someone who may need the card you have. Selling some of your gift cards to a gift card reseller can be an ideal way of converting them into cash. Though you might not sell them at a higher price, this alternative still guarantees monetary gain on your part rather than wasting them. 

Besides selling your gift cards, you may also use them sometimes as a replacement for credit cards to pay for your shopping bills or at least avail some discounts. Be it a form of savings or investment, there are many ways to optimize the use of your gift cards.

  1. Trade Your Gift Cards

Gift cards are usually more applicable to use in some industries than others. While there’s no denying their usefulness in many circumstances, there are also ideal alternatives that you can consider to benefit from them the most. 

For instance, you can trade your unused gift cards to avail of some discounts on your holiday trip. Traveling is no doubt an extremely costly activity or hobby. Although you can shoulder all the expenses, wouldn’t it be nice to lessen your potential expenditures through your cards’ discounts?

You can save more if you’ll use your discounted cards on your hotel reservations, plane tickets, and restaurant bills. Through this alternative, you can effectively plan out your vacation trip ahead of time and save more on the process. Although this option can be quite challenging to pull off, gift cards can be handy tools if you know to utilize them properly.

  1. Spend Every Last Penny Wisely

Although most people are able to maximize the use of their gift cards through varying purposes and ways, there are still some people who are left with a scant number of balances in their gift cards. When it comes to these cards, the general rule is to spend every last balance on them. To do that, you can check on guidelines on how you can convert them into cash. 

While there are only some stores that allow such requests, it’s still applicable in some states and under some gift card laws. However, you should also know that while such instances are permitted, store owners aren’t obligated to offer the money and the decision still lies squarely on their laps. 

Besides converting them to cash, you can also donate these gift cards to a charity if you don’t want to use them. Through this, you can help a lot of people who are in need.

 

Takeaway

When it comes to maximizing the value of your gift cards, one of the things that you must know is to never allow them to go unused. Whether you stack them to earn more discounts, sell them, or trade them for other services, everything’s possible if you know how to optimize their worth. Just try to use them immediately and spend every balance wisely to enjoy their benefits.  

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