How to Make The Most From Your Gift Cards
If you're like 93% of Americans, you've either given or received a gift card this holiday season. It's no wonder that gift cards have become the go-to gift for those we hold near and dear, as well as others we hardly know. Buying a gift card allows the recipient to choose something they actually want, yet it shows that the giver put at least a little bit of thought into the gift. It's no wonder that gift cards have become so popular.
However, it can be overwhelming to suddenly have a wallet full of seemingly random gift cards. Before you start to spend your bounty, you should first investigate how to get the absolute most from every single one of your cards.
Like, follow, subscribe and then download the app
National stores will almost always have a social media presence that you can work to your advantage. This means that you can discover discounts, especially if you're a new customer. So "like" them on Facebook, "follow" them on Twitter and then subscribe to their e-mails to get the most bang for your buck. Don't forget to download their app to your smartphone and allow push notifications for maximum buying power.
Search for promo codes
Always do an internet search for the name of the store plus "promo code" before you shop either online or in person. This simple trick will lead you to sites such as RetailMeNot, which boasts that it has "500,00 coupons for 50,000 stores." Always updating, these discount websites will usually lead you to codes for both discounts and/or free shipping.
Shop through a cash back website
Websites such as eBates and TopCashBack function to unlock sales, as well as give you a percentage of your purchase back in the form of cash. Although many stores offer just a small 2-6% percentage back, other stores can be as high as 40%. It's worth it to spend a minute or two to check and see if your gift card can earn you at least a couple of dollars.
Investigate if other stores accept your gift card
Many national companies are part of a corporate network, which means that their gift cards can be used at multiple other stores.
Here are just a few examples:
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A Gap gift card can also be spent at Old Navy, Banana Republic or Athleta.
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An Olive Garden gift card can be used at Longhorn, Bahama Breeze or any other Darden restaurant.
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A Safeway gift card can be used at Tom Thumb, Von's, Randall's, Carrs and Pavilions.
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A Kroger gift card can be used at Fred Meyer, Ralph's, Food4Less or Smith's.
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A Land's End gift card can be used at Sears.
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A Cinemark gift card can be used at Cinéarts, Tinseltown or Rave Cinemas.
I have a couple I might sell as I have no use for them, good ideas.
I have two things I do to make sure that I use my gift cards in a timely manner and to make sure I use every penny. First, I keep them all together in a small zippered change purse in my handbag. It's a freebie from the state fair that my now college age son used for his lunch money in elementary school! That way I am sure to have them when I want to use them.
The second thing I do is I have a mini Sharpie marker that I also keep in my handbag. If I only partially use the card value, I write the remaining balance on the card so I know how much is left and I don't overspend or forget to use it.
Wow, lots of good info! Thanks!
Great info! I sold a gift card on giftcardgranny.com this morning. I was never going to use this card and my attempts to re-gift it did not work out. It took just a few minutes to sell. Although I could have received slightly more on eBay, this was hassle-free.
This holiday season I received a completely useless $25 gift card to Intermix store. (I just went online and saw a few skirts on clearance to $250). Thanks but no thanks.
I have had a little bit of trouble using a Longhorn Steakhouse gift certificate at an Olive Garden restaurant. They did eventually let me use it, but said that Darden was in the process of selling one or the other maybe? The Darden website still lists both, so not sure what the problem was, but it may be helpful to call ahead and check that a card is usable at your destination before assuming it will be and getting stuck with a big check and unusable card.
I love gift cards to restaurants!!! I just used one at the Cheesecake Factory.
While cleaning out a drawer recently I found a Future Shop (Canada) card for $100 that I bought to give a friend as a thank you. I never gave it to him, and now Future Shop not longer exists. They were taken over I think by Best Buy, and the Best Buy website says they will honour it. I hope so, it's a few years old though, but I'll give it a try. The only thing is, I don't need anything at Best Buy!
Super NCA fail on my part if they don't take it.
Best buy sells other gift cards like iTunes, xbox, google play, netflix, and some restaurants, so maybe you can use it to buy some more useful giftcards either for yourself or for gifts in the coming year.
I gave movie gift cards to my friends this Christmas - it is an experience gift so no clutter and we have all made plans to go to the movies together. For one of them, this was a very exciting proposal as she will NOT go by herself (she's single). I am looking forward to the movies myself as they will be "chick flicks" or movies more my style than the ones I go to with my husband.
Check out this program: http://rockstarfinance.com/rcf-one-pager/
You can donate your gift cards to the Rockstar Community Fund, or give it away yourself to help local community members in need.
This is a great point! I'm sure many of us have been recipients of gift cards that were unwanted or we didn't know how to maximize them to their full potential.
We got gift cards for a steakhouse and for movies, which are treats we rarely indulge in with our own money, so we're saving them for a rainy day! I'll try to hold out for our anniversary so we don't have to spend money on a small celebration.
We did get a $25 gift card to a restaurant we would *never* eat at. I think we'll end up selling the gift card online so we can at least get a little cash out of it. Waste not, right?
Thanks for this! I have one I can't use. Maybe I can sell it!
These are great suggestions. I think it's usually good to use the gift cards within a year of when they were purchased. So that you don't lose any value of the cards over fees. Make smart purchase, don't buy anything just to buy. If you're stuck with a gift card to can always re-gift it or you can buy a present for someone.
We used our Starbucks gift card to cut costs on our New Orleans honeymoon, and I used the other gift cards I received to shop ahead for gifts for this year. I'm doing an ultra-frugal year in 2017, so planning ahead for frugal gifts is crucial.
Two more things: Starbucks cards can be used at Teavana (for you tea drinkers out there!) and they usually have cheap, healthy meals available if you're out and desperate for food. I've used them in hospital lobbies, places like that.
Also, at least here in California, if you have $5 of less on the card at the end, you can ask for the change as cash, rather than needing to come back to the store (and spend more than the value).
IIRC, in CA the cash-back amount has been raised to $10 and gift cards can never expire.
We recently found an "expired" Home Depot card in a book from the library book sale for $50 that was over ten years old. They took it with no problems. We then donated the $50 back to the library. Happy!
Also, Home Goods, TJMaxx and Marshalls gift cards are interchangeable.
Totally agree on using it at other stores. My daughter received some pants that did not fit her from J. Crew, and I was issued a store credit. That can be used at the factory outlet, where the $ will go much farther.
Additionally, I would recommend using them quickly, before you lose them and while stores have great after-Christmas sales. I was able to use a gift card at a local clothing store for an amount that would usually only buy a single dress to buy a dress and two cardigans...
We usually use gift cards immediately (so we don't forget to use them or lose them) and then write the gift-giver a thank you card saying what we bought. For example, for my newborn son's baptism, our beloved babysitter gave us a $25 card to Wegmans (a grocery store). We bought four boxes of baby vitamins (breastfed babies need vitamin D, so sayeth the dr.), enough to get him through 8 months. My mother got us a $100 card for Aldi for Christmas, so I did a big grocery run and took a photo of the overflowing cart to send to her.
We also try to buy things that only *that* store has, or that has the best bang-for-buck. For example, we used a $20 Tim Horton's card to buy a bag of ground coffee to make at home. We'll get a lot more coffee-goodness out of the back than only 4 or 5 cups of the restaurant-made brew.
"A Land’s End gift card can be used at Sears."
I'm not sure this is true anymore. I know you can use a Sears or Kmart gift card at Sears, Kmart, or Land's End, but I think Land's End gift cards are now only valid at Land's End and landsend.com.