Avoid these common gift card mistakes
Gift cards can be used to pay for several products and services across multiple platforms. Corporate gift cards, holiday cards, and even cash back cards are the most popular formats to redeem online or at kiosks. However, the process of redeeming them is anything but simple. And if not done correctly, you may miss out on many discounts and exclusive offers. Here are five common gift card mistakes to avoid while shopping. Buying from auction websites Gift cards can be used for several retail purposes. But never buy cards that are auctioned off from websites like eBay. You cannot verify the authenticity of these cards being sold online. Moreover, scammers can skim and track the magnetic data on such cards before they are auctioned off. Once you activate the card, scammers can also use it to avail of all the inclusive benefits. So it’s best to avoid buying from such auction websites. Consider only reputable retail and eCommerce stores that offer such redemption options. Keeping cards unused You might often end up receiving gift cards of no specific use. For example, somebody might gift you a $500 card that can only be redeemed for auto spares and accessories. Here, the best thing to do is exchange it on platforms where consumers can buy and sell gift cards.
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