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Sites for Discounted Gift Cards

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Updated July 25, 2024

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Hand of woman sliding credit card through reader — kali9/Getty Images

Can buying discounted gift cards♛ online help you save money and reduce your spending each month? Maybe. But keep in mind that inventory and discounts on gift cards vary greatly from day to day and from one site to the next. Good deals can be found but you might have to hunt and peck through a lot of offers to find them.

Moreover, these sites also sell full-price cards, sometimes with a fee added for delivery. You may do as well or better by going directly to the retailer's site.

Many of the deals offered are "cash back" offers with a wide range of percentage discounts. So, you're paying full price but getting a little more for your money. Others offer savings of 2% or 3%, which might or might not be worth your time.

Fortunately, some sites help you find the best deals and save the most money on the specific cards you’re looking for. Some of these sites also buy cards if you have 澳洲幸运5官方开奖结果体彩网:unused gift cards you'd like to sell for cash.

Below we discuss how to save on gift cards. This list is a compilation of discount card sites, but be aware that their deals and requirements are constantly changing, and you should 澳洲幸运5官方开奖结果体彩网:consider the pros and cons carefully before making a purchase.

Key Takeaways

Unless you're purchasing in large amounts, the time spent searching for deals may not warrant the investment.
Before buying, you might check the card issuer's site for the same deal or better.
Some card sites will buy back unused cards, but you are unlikely to receive a full credit or the cash equivalent.

Giftcards.com

Giftcards.com sells gift cards from hundreds of name-brand merchants. Some are available only as gift codes, which means you can only use them for online purchases. To get a physical gift card by mail, you’ll pay about $2 in postage for USPS shipping, which takes five to nine business days.

In July 2024, Giftcards.com had 10% off discounts for a back-to-school sale on cards for stores such as H&M, Groupon, and Puma.

Raise.com

Raise offers an app where you can sign up and earn Raise cash, with a perꦫcentꩵage of cash back at select stores.

In July 2024, Raise was offering up to 10% cash back on stores such as Home Depot, DoorDash, Sephora, Walmart, and Airbnb.

Note

Many credit cards also give you 🌄cash back rewards and discounts at🐎 select stores.

CardCash

CardCash offers discounts on gift cards from more than 1,300 merchants. The site sells both physical gift cards and printable e-cards. To get a physical gift card by mail, standard USPS shipping is free, and your card should arrive in one to five 澳洲幸运5官方开奖结果体彩网:business days.

As of July 2024, it had plenty of retail offerings, including 5.3% off at Starbucks, 2.8% off at Walmart, 2.9% off at Target, 7.2% off at Chipotle, 42% off at Topgolf, and 6.9% off at AMC.

Other Considerations

Studies have shown that people spend gift card balances more freely than they spend cash🐬.

Another problem arises if you want to return something you purchase with a gift card. Instead of getting real money back, you usually get your refund👍 in ✅the form of a gift card.

You also have to consider the 澳洲幸运5官方开奖结果体彩网:value of your time. A 5% discount at Starbucks sounds great, but when that means getting a $15 gift card for $14.25, you have to ask yourself if it’s worth the trouble just to save 75 cents. At larger denominations, your dollar savings become more significant, but even if🍸 you buy a $100 gift card with a 5% discount, you’re only saving $5.

How Do Discount Gift Card Sites Make Money?

Discount gift card sites buy cards in bulk di💞rectly from the businesses that issue them. They sell them for more t🍨han their cost to make a profit.

How Do Retailers Make Money on Gift Cards?

Gift cards are money in the bank for retailers. The customer has paid up front and just has to pick up the goods. Moreover, once you've stepped into a Lululemon or an Ulta, you're likely to spend more money above and beyond the card value. Best of all, you may like what you see and come back in the future.

Why Do the Offers Always Say 'Up To' 28% Off?

Most discounted gift cards offer a choice of cards in different amounts. The best deals are often reserved for the highest-priced cards. That, of course, can be a disappointment to the user who clicks on an offer of "up to 28% off" only to find that the $20 or $40 card offers only a fraction of the discount.

The Bottom Line

Gift cards—also known as 澳洲幸运5官方开奖结果体彩网:stored value cards—are constantly changing. Because inventories and discounts vary by site, there’s no one best choice for 澳洲幸运5官方开奖结果体彩网:buying discounted gift cards. Giftcards.com, Raise, and CardCash are🐼 just a few of the many websites that sel🐲l discounted gift cards.

There are s🤪everal others, and all offer the same basic service: a way to buy retail store gift cards for less than face value.

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