Gift cards are a popular way to make purchases online and in-store, but did you know they can also be used to save money on shopping? In this blog post, we’ll explore the ways to use gift cards to save money on shopping and make the most of your purchases.
Buy Discounted Gift Cards
One way to save money using gift cards is to buy them at a discount. Websites like Raise and Cardpool offer discounted gift cards for various retailers. You can purchase a gift card for less than its face value and use it to make purchases, effectively saving money. For example, you can buy a $100 gift card for $90, saving $10 on your purchase.
Use Cashback Gift Cards
Cashback gift cards offer a percentage of your purchase back as cash or credit. Use these gift cards for your everyday purchases and earn cashback rewards. For instance, if you use a cashback gift card that offers 5% cashback on groceries, you’ll earn $5 for every $100 spent.
Combine Gift Cards with Coupons and Sales
Combine gift cards with coupons and sales to maximize your savings. Check websites like RetailMeNot for coupons and discounts, and use them in conjunction with your gift card to save even more. For example, if you have a $20 gift card and a 20% off coupon, you can save an additional $4 on your purchase.
Use Gift Cards for Everyday Purchases
Use gift cards for your everyday purchases, such as groceries, gas, or dining out. This way, you can earn rewards or cashback on your regular expenses. Consider using a gift card for your daily coffee or lunch purchase to earn rewards or cashback.
Avoid Fees
Be aware of fees associated with gift cards, such as activation fees or maintenance fees. Choose gift cards with no fees to save money. Some gift cards may have monthly maintenance fees or inactivity fees, so make sure to read the terms and conditions before purchasing.
Use Gift Card Apps
Gift card apps like Ibotta and Fetch Rewards offer cashback rewards on certain purchases. Use these apps in conjunction with your gift card to earn even more rewards. For example, if you use a gift card to buy groceries and also use the Ibotta app, you can earn additional cashback rewards.
Buy Gift Cards in Bulk
Buying gift cards in bulk can also help you save money. Some retailers offer discounts when you buy multiple gift cards at once. Consider buying gift cards in bulk for your favorite retailers to save money.
Use Gift Cards for Online Shopping
Use gift cards for online shopping to save money on shipping and other fees. Many retailers offer free shipping or discounted shipping when you use a gift card.
Use Gift Cards for Subscription Services
Use gift cards for subscription services like Netflix, Hulu, or Apple Music. This way, you can earn rewards or cashback on your subscription services.
Conclusion
Gift cards can be a powerful tool for saving money on shopping. By buying discounted gift cards, using cashback gift cards, combining gift cards with coupons and sales, using gift cards for everyday purchases, avoiding fees, using gift card apps, buying gift cards in bulk, using gift cards for online shopping, and using gift cards for subscription services, you can make the most of your purchases and save money. Remember to always read the terms and conditions of your gift card to understand any associated fees or restrictions. Happy shopping!
Additional Tips
- Always check the balance of your gift card before making a purchase.
- Use gift cards within the expiration date to avoid losing the balance.
- Consider using a gift card tracker to keep track of your gift card balances and expiration dates.How to Use Gift Cards to Save Money on Shopping
- Don’t forget to use your gift cards for holiday shopping to earn rewards or cashback.
By following these tips and using gift cards strategically, you can save money and make the most of your purchases.