Buy discounted gift cards: easiest way to save money
This isn’t so much a money back and it won’t prepare you for being crowned the next coupon king or coupon queen. but it does beat skimming around for 1% or 2% rebate on credit card spendings.
Here’s the crazy thing about gift cards- some people don’t want them because it’s not where they shop. Unused American gift cards from the past six years have added up to $44 billion of unspent cash.
Turns out there’s a little cottage industry of online exchanges to turn those unwanted gift cards into cash. and, for you to buy gift cards at a discount! It’s easy to find gift cards that save 10% to 30%! There are discount gift cards at websites like:
- giftcards.com
- http://www.cardpool.com/buy-gift-cards
- http://www.cardhub.com/us/gift-card-exchange/
- https://www.cardcash.com/buy-gift-cards/
- https://www.giftcardbin.com
- https://www.raise.com/buy-gift-cards
- https://www.cardcash.com
And the ultimate aggregator for discounted gift cards is giftcardgranny.com – sorta like how rottentomatos.com aggregates movie reviews and Google News for news.
Some of my goto places where discount gift cards come in handy (~ average discount in parenthesis):
- Chick-Fil-A (~ 11.9%)
- Panda Express (~ 10.7%)
- Chipotle (~ 9.6%)
- Starbucks (~ 6.2 %)
- Five Guys (~ 12.6%)
Other people might like:
- Panera Bread (~ 14.3%)
- Corner Bakery (~ 17.3%)
- The Cheesecake Factory (~ 15.2%)
- Olive Garden (~ 15.9%)
- Marshalls (~ 15%)
- Payless Shoes (~ 29%)
- Macy’s (~ 8.2%)
- Staples (~ 7%)
- Best Buy (~ 6.3%)
You can read up more about this — see these articles on this money saving tip using gift cards:
The Best Gift Cards For 2016 And How To Save Money On Them (Tony Phan at Moneysmylife.com)
via Ranker: Best Places to Buy Gift Cards Online – top 5
via CNBC: Seven ways to save on gift card purchases – “Costco and Sam’s Club sell a variety of gift cards for less than face value.”
via CBS Moneywatch: “A new holiday survey by TD Bank found that 51 percent of consumers want a Visa gift card more than any other option. Fewer than a third said they would prefer a store-specific card.”
http://www.investopedia.com/articles/personal-finance/042415/top-websites-discounted-gift-cards.asp
