Buying Merchants Gift Cards

Discounted Gift Cards. Worth it?
Gift Cards has been around for so long and yet gift cards trading recently become a trend when online trading platforms were brought to consumers.

It may be tempting to buy gift cards at discounted price for the merchants that you shop often. However, you have to be always remember, gift cards are as good as cash under conditions but nowhere to replace cash. Cash is King.

When you purchase gift cards, you are basically paying your purchases in advance before you even decided what to buy. In most cases, your wants is not what you need. This is not a proper way to shop, in other words, your shopping is not a necessity.You tend to spend more to use up the balance with a gift card.

Remembering balances and carrying multiple gift cards is a pain. It is not convenient to carry multiple gift cards and remember the balances of each when you have a multiple merchants gift cards. A lot of times, there are even restrictions on when and where to use gift cards such as online shopping.

Tips in buying gift cards

• Only buy gift cards from known merchants and those big chain stores. When a merchant go out of business, there may be a chance that you will not get to use the gift cards or redeem it back in cash terms.
• Look at the fine prints on the back of the card or on the merchants' website. Some gift cards has condition of using it and may have an expiry date.

All in all, money is money. Evaluate your spending pattern and the gift cards discount being offer on your favorite stores. Spend your hard earned money wise and don't lock in too much money for something you don't really need.