Discounts on gift cards are a great way to save money on gift cards that you purchase for yourself or other people. Discount gift cards are legitimate gift cards that you can buy for less than their face value. However, you can still use the total amount when using the gift cards. Keep reading to find out where you can shop for discount gift cards and what you should consider before buying them.
What Are Discount Gift Cards?
Gift cards and certificates are prolific for both online and in-store shopping. In fact, the gift card market is a trillion-dollar industry, according to Forbes. But many people may not be aware that you can buy gift cards at a discount. Instead of paying full price, you can spend less than the face amount and still get the same value. Discount gift cards are available for retail stores, online shops, restaurants and experiences.
How Do Discount Gift Cards Work?
Typically, you would spend $50 on a $50 gift card to the store of your choice and have $50 to spend. However, with discount gift cards, you can generally save anywhere from 5% to 20%, depending on the type and store. Because of consistent demand, gas, grocery and electronics usually have the smallest discounts. However, some entertainment-focused brands and luxury stores may offer higher discounts.
The best advice is to purchase cards from trusted sellers. You might see someone offering gift cards for sale at a discount on social media, but you may be taking an unnecessary risk. You may have little or no customer support, and you may not be able to get refunds if there is a problem.
One thing to be aware of is that you may receive used gift cards. If you’re buying the cards for yourself, that may not be a problem. But it’s something to know if you plan to buy one as a gift. If you see a card for sale with an odd value (for example, $12.33), it’s a good sign someone used the card before. That doesn’t mean the card isn’t still usable, but it may have some cosmetic defects you don’t want if you’re buying it as a gift. The best way to avoid this is to buy cards at amounts typical for new cards, like $10, $25, $50 or $100.
Where To Shop for Discount Gift Cards
Discount gift cards are a simple way to save money while providing great gifts or when purchasing items you already want to buy. Here’s a look at four places to purchase discount gift cards online.
GiftCards.com offers a rewards program that lets customers get discounts on gift cards. By buying select gift cards, you can earn G-Money points. For every 100 points earned, you can save $1 on future purchases.
The website offers several categories, including specialty cards for foodies, gamers, wellness and more. It also provides a bulk order option for businesses and corporations.
CardCash boasts a 45-day guarantee on discount gift card purchases. This provides you peace of mind with a 100% risk-free purchase. It sells cards in many categories, including apparel, electronics, food and beverage, sports, travel and more. The website also provides a way for people to sell their unwanted gift cards.
As a CardCash user, you could save tons of money by taking advantage of steeper discounts or by buying gift cards to use for everyday purchases. For example, when you buy a discount Walgreens gift card, you’ll save up to 13% of the original cost. You can also save up to 2% at Target, 2.1% at Starbucks and 3.1% at Walmart. There are nearly 600 other brands to choose from. Here’s how much you can save with some of the most popular options:
- Michaels: Up to 23.91% off
- Petco: Up to 20.6% off
- Outback Steakhouse: Up to 18.7% off
- Red Lobster: Up to 11.1% off
- Subway: Up to 10.4% off
Gift Card Granny
Gift Card Granny offers e-gift cards in addition to physical cards. You can even customize gift cards by uploading a photo or logo. The company also provides a way to send an e-gift card by text for any local merchant in the U.S.
You can take advantage of its cash-back rewards program to enjoy savings. When you buy gift cards from select retailers, you earn cash-back rewards that can then be redeemed for cash or additional gift cards. For instance, when you purchase an Apple, Walmart or Best Buy gift card, you’ll get up to $1 in cash-back rewards, depending on the dollar amount of the gift card. There are many gift cards to choose from, so it’s easy to find the one you want.
Raise offers both coupons and discounted gift cards. Most discounts are less than 10%, but you can find some cards at a discount of more than 30%. Here’s a look at discounts that are available for a few of the most popular offerings:
- Adidas: Up to 11.2% off
- Belk: Up to 13% off
- CVS Pharmacy: Up to 10.1% off
- Domino’s: Up to 11% off
- Gap: Up to 13.7% off
Currently, new members can save an additional 10% off their first order, for a maximum savings of $20. Also, Raise offers a one-year money-back guarantee on all purchases.
Good To Know
While there’s no single best place to shop for discount gift cards, the above sites offer you plenty of great options to save some cash on your purchases and gifts. If you’ve received gift cards that you don’t need or want for a birthday or holiday, CardCash and Raise are among other available options you can use to sell your gift cards so you can keep even more money in your pocket.
Data is accurate as of May 6, 2021, and is subject to change.