Archive for the ‘Gift Card News’ category

10 Tips for Smart Gift Card Shopping

January 13th, 2014

You may not have noticed in the post-holiday blur, but this year’s gift card industry experienced some major scams and setbacks. From unactivated gift cards at Target and elsewhere, to hidden fees and other scams, many shoppers may be swearing off the popular gift altogether. With a few smart shopping tips though, gift card buying can be risk-free, and you can continue to give your friends and family the freedom to choose a gift they love with gift cards to their favorite spots.

1. Watch out for hidden fees! These often pop up when buying general purpose gift cards, like those from American Express and Visa. This chart from BankRate can help to find out what fees might be lurking on gift cards, and will help you decide if you might be better off with a cash gift.

2. Save the receipt from your gift card purchase in case there was an error in its activation. Slip the receipt in with your gift, and your recipient will avoid the awkward encounter of a malfunctioning gift card at the store! This also lets them know the amount on the card without having to ask you or check online. » Read more: 10 Tips for Smart Gift Card Shopping

About Katie Erbach

Katie is GiftZip's newest team member. She currently lives in Chicago with her fiance, Jim. Katie's passions include blogging, hiking, reading (but nothing sad), listening to music, and baking anything with chocolate in it!

Online Gift Card Repurchasing: Reliable or Not?

March 27th, 2013

gift cardMost people buy gift cards for others with the mentality the recipient will be able to find something they like – but unfortunately that optimistic perspective isn’t always reality. Plenty of people receive gift cards they know they won’t use or flat out don’t want, but don’t know what do with them. While asking friends and family if they’re interested in purchasing an unwanted card is an option, a number of websites offer gift card purchasing and reselling services.

How it Works

Sellers: Say you’ve won a $100 Cabela’s gift card from a drawing at work, but you don’t like Cabela’s and/or don’t live near one. Although you could spend time browsing their online selection, you’d rather have money instead. So, you find a gift card buyback site. They might offer you $80 or $90 for the card, so you decide to send it in and you get a check in return. Note that most sites require sold gift cards to be worth at least $25. Some sites even offer Amazon credit or let you trade your gift card in for another one.

Buyers: You’re looking to save some extra money on purchases and heard about gift card resell websites. You decide to check one out and notice you can get a KMart gift card for 10% off retail price, which essentially is the same thing as saving 10% at the store – only the gift card is treated as cash, so you can use other coupons on top of that for even more savings. You purchase it and wait for the plastic gift card to come in the mail or the eGift card code to come to your email inbox.

» Read more: Online Gift Card Repurchasing: Reliable or Not?

About GiftZip.com

GiftZip.com is a portal to the web's eGift cards promoting greener gift giving and reducing the use of wasteful plastic.