Over the years, gift cards have developed a not-so-flattering reputation along the lines of that Christmas fruit cake – nobody knows what to do with it. It was received as a cop-out present when you didn’t have, or want to spend, time shopping for a gift. In many instances, the recipient would rather have cash than a gift card. Consequently, there is a thriving business from companies that will buy unwanted gift cards and re-sell them at a discount. This is where you, as the savvy consumer, can save money.
eShopedia has partnered with several websites that sell discounted gift cards, including Plastic Jungle Gift Cards, Giftcards.com, Cardpool Gift Cards, Gift Card Rescue, and ABC Gift Cards. All these companies offer a money-back guarantee that the gift cards are not fraudulent, so you can buy with confidence. An interesting alternative is eBillMe, which sells prepaid gift cards at full price but then offers a cash-back rebate up to 10%. While this may be a little inconvenient, they do offer Amazon.com gift cards which allows you to save an additional 10% off Amazon’s already competitive prices. Other sources for discounted gift cards include Costco, eBay, and Craigslist. Gift cards purchased from Costco are new and unused, and the standard eBay buyer protection applies to gift cards as well. Craigslist however, does not offer any buyer protection so you must be careful. Read our blog on how to protect yourself when buying gift cards from individuals.
28 December 2012
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