Gift Cards

SkyRider

Banned
Mar 31, 2009
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What can one do with gift cards that one cannot use? Is there a market for such cards?

Also, is it true that Wal-Mart will exchange their gift cards for other stores' gift cards?
 

explorerzip

Well-known member
Jul 27, 2006
8,116
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There's a site called www.cardswap.ca where you can swap or sell your gift card. You can swap it with another retailer's card where you actually shop or get a check back for the value of the card (less a service fee of course.) I think they were on Dragon's Den too.

I personally don't give gift cards since you still have to figure out what the person is likely to buy from that store. Might as well give cash if you're going to give a gift card.
 

SkyRider

Banned
Mar 31, 2009
17,557
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I personally don't give gift cards since you still have to figure out what the person is likely to buy from that store. Might as well give cash if you're going to give a gift card.
I would actually prefer to receive cash but some giftors think that is a bit tacky.
 

MissCroft

Sweetie Pie
Feb 23, 2004
7,130
903
113
Toronto
Last year I gave someone a $40 wal-mart gift card for Christmas. He then handed me a $50 Wal-mart gift card. lol
 

justfor

Banned
Mar 11, 2012
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36
For a while, I gave gift cards, but then, I thought what if they forgot and let them sit in their drawers? So now, I'll buy them some meaningful or useful stuff and leave a decent tip.
 

Celticman

Into Ties and Tail
Aug 13, 2009
8,915
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Durham & Toronto
For a while, I gave gift cards, but then, I thought what if they forgot and let them sit in their drawers? So now, I'll buy them some meaningful or useful stuff and leave a decent tip.
Consumer Reports is also releasing its latest survey, which finds that
27 percent of gift card recipients have not used one or more of these
cards, up from 19 percent at the same time last year. And among consumers
with unredeemed cards from last season, 51 percent have 2 or more.

http://www.prnewswire.com/news-rele...nnual-public-education-campaign-59839757.html
 

SkyRider

Banned
Mar 31, 2009
17,557
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That is ironic considering that if you're giving gift cards you're just giving someone a square of plastic.
Yes, but that plastic has monetary value. Just like a $100 bill is just polymer paper. Anyways, how about a prepaid Mastercard or VISA instead of an in store gift card that is only good at that store?
 

saxon

Well-known member
Dec 2, 2009
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Just read an interesting article about gift cards and pre paid Visa and Mastercards being the in thing for organized crime to launder money.
 

explorerzip

Well-known member
Jul 27, 2006
8,116
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Yes, but that plastic has monetary value. Just like a $100 bill is just polymer paper. Anyways, how about a prepaid Mastercard or VISA instead of an in store gift card that is only good at that store?
The thing is people forget they have gift cards with value on them and usually leave it in the drawer somewhere. Its true that paper or polymer money is the same thing, but people treat it differently. Yeah, prepaid MasterCards or Visa should be good too.
 

black booty lover

Well-known member
Oct 21, 2007
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I would actually prefer to receive cash but some giftors think that is a bit tacky.

Sell them on the TERB buy and sell section, craigslist or kijijii. You'll take a hit on them as you have to sell them for a bit less, (i.e, selling a 50 dollar gift card for 40 bucks). Still kind of tacky seeing as someone bought you those and hoped that you would buy yourself something from the place they got the card, but that's my answer.
 

DanJ

New member
May 28, 2011
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Careful with the prepaid Visa and Mastercard that you don't get the kind that cost you a service fee up front or have a monthly service fee when there is still a balance.
 

black booty lover

Well-known member
Oct 21, 2007
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Careful with the prepaid Visa and Mastercard that you don't get the kind that cost you a service fee up front or have a monthly service fee when there is still a balance.
I got one of these for Christmas. How do I know if it has these? Call the number on the back? I plan on using this month anyway but wasn't aware of any service fee.
 

SkyRider

Banned
Mar 31, 2009
17,557
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I got one of these for Christmas. How do I know if it has these? Call the number on the back? I plan on using this month anyway but wasn't aware of any service fee.
You shouldn't have to suffer any fees. (The guy who purchased the card paid the fee at the time of purchase.) Also, there should be a tel number on the back you can call to verify the balance on the card.
 

DanJ

New member
May 28, 2011
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I got one of these for Christmas. How do I know if it has these? Call the number on the back? I plan on using this month anyway but wasn't aware of any service fee.
If I recall, it said something either in the small print on the packaging, or there was a "terms and conditions" thing inside that said something about the monthly fee. I know when my wife gave me one, she paid a fee on top of the price of the card just to buy it, but that was 3 or 4 years ago. Then I think the monthly charged took effect a couple months after activating the card.
 

james t kirk

Well-known member
Aug 17, 2001
24,072
3,991
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I love gift cards from Home Depot, Lowes, CTC, a good restaurant.

I'd much rather have a gift certificate that I can use as opposed to some BS present that is not of any use what so ever.
 

justfor

Banned
Mar 11, 2012
1,111
0
36
Consumer Reports is also releasing its latest survey, which finds that
27 percent of gift card recipients have not used one or more of these
cards, up from 19 percent at the same time last year. And among consumers
with unredeemed cards from last season, 51 percent have 2 or more.

http://www.prnewswire.com/news-rele...nnual-public-education-campaign-59839757.html
whats alarming is $44 Billion of gift cards have gone unredeemed since 2008
These have reinforced my belief that giving gift cards may not be the best idea especially give them to the ladies. I imagine they must receive quite a few of them over time and a few of these cards might get hidden in the bottom of the drawer and go unused.
 
Ashley Madison
Toronto Escorts