Here’s a guide on the list of gift cards and their uses. Keep reading to discover some of the best gift cards you can buy and sell on Cardnosh.
The demand for gift cards has been increasing due to the different benefits gift cards offer. A survey by WalletHub revealed that 41% of those surveyed preferred a gift card as the right holiday gift. With a gift card, you can decide if you want to spend your funds on Amazon or Walmart or shop at iTunes, Victoria’s Secret, or Starbucks.
This article reveals the list of the most popular gift cards and their uses.
What are Gift Cards Used For?
Gift cards are mainly used by marketers and retailers to promote their businesses and get new customers to their stores. They are also used as gifts and they are considered the best gifts by women.
Read Also: Pros and Cons of Gift Cards
Best-Selling Gift Cards that You Can Buy as Presents
Although most women would prefer gift cards to visiting the spa, it is important to know that there are some specific types of gift cards that they will appreciate.
According to WalletHub, the best-selling gift cards (which are also the best options for gifts) are iTunes, Amazon, Visa, Walmart, and Starbucks gift cards.
Types of Gift Cards
1. Cash Cards
Cash cards can be used anywhere. They are very flexible since you can use them wherever credit card payment is accepted. You can also use them to perform online transactions. These cards are sponsored by Visa, Discover, and American Express.
2. Store Cards
However, store cards have expiry dates which could be between 30 and 90 days. Some of the cards lose value after some months (this refers to a demurrage policy that the sponsor places on some store cards).
List of the Most Popular Gift Cards
Listed below are some of the most popular gift cards that you can either give out as presents or use for carrying out online transactions:
- Amazon gift card
- iTunes gift card
- American Express gift card
- Visa gift card
- Walmart gift card
- Disney gift card
- Target gift card
- Starbucks gift card
- eBay gift card
- Sephora gift card
Methods for Saving Money on Gift Cards
Here are the best ways you can use to save money on gift cards:
1. Purchase Discounted Gift Cards
The best way to save money on gift cards is to purchase them at discounted prices. Different websites sell discounted gift cards. You can also sell your unused gift cards on these platforms when the holiday season is over. The discounts range from 5% and at least 20% off the value of the card.
If you are in Nigeria or Ghana, you can buy discounted gift cards at discounted rates.
2. Shop Online
The promotional method that most websites use is to offer gift cards, discounts, or coupons to their customers that spend a particular amount on their sites.
One of the websites is Groupon; the site gives customers gift cards worth $40 when they spend about $200 on nursery furniture and other products.
You can also save on gift cards by bidding on eBay. Although the prices might appear high at first, they will drop as people get more anxious to dispose the gift cards.
This implies that you need to be patient and be alert so that another person doesn’t win the bid when the price falls.
4. Amazon Daily Deal
This method involves deals for items for a particular day. When you get to the Daily Deal Section, type in ‘gift cards’ in the search bar and go through the list to find anyone that suits your need.
In this article, I have discussed the list of gift cards and their uses. If you plan to store your gift cards, ensure you check the expiry date and demurrage policy on the card.
However, if are not interested in storing your gift cards, you can sell them at the best rates on Cardnosh.