1. Exchange a card with a low balance for cash: Did you know that in certain states, you can exchange gift cards for cash? This will work for any restaurant or retail card, but not bank-issued gift cards or promotional gift cards.
2. Check out discounted gift card sites: After a major holiday, make sure to check a few discounted gift card sites. Many people receive gift cards for holidays that they have no use for, so they sell them to gift card resellers at a lower price. Since the demand for these cards is always low after major holidays, you can get some amazing deals.
3. Look for opportunities to combine discounted gift cards with coupons: Couponing is a great way to save a lot of money on everyday purchases. But, you can go one step further and pay for the discounted items with your gift card. Of course, not all retailers will allow you to do this, but there’s no harm in asking the billing executive if you can use your gift card to pay.
4. Set up alerts to be notified when a gift card you want becomes available: Want your favorite gift cards from a certain brand at a discount? All you have to do is set up Google Alerts™ and sign up for brand emails so you don’t miss a deal. When you are notified of the deal, make the purchase immediately.
So, now that you know how to make the most of gift cards, we hope you start looking at gift cards in a whole new light!
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