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Old 06-02-2017, 05:24 AM
 
Location: Chicago
4 posts, read 1,734 times
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Does Buying Discounted Gift Cards Help You Save Money. What do you think.
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Old 06-02-2017, 06:26 AM
 
Location: Sweet Home Chicago!
4,699 posts, read 3,225,448 times
Reputation: 5125
Not necessarily. It actually urges you to spend more since you "feel" like you're getting a deal. Plus, many never use the full balance on their cards. For example, you buy a $100 gift card for $90 and decide to use it one day for something that costs $70. Now you have a balance of $30 on the card and end up misplacing or forgetting about it. Whooops! now you actually paid the company $90 for something that should have cost $70. Plus, you have to spend time managing the balances, expiration date and whereabouts of the card(s). Not worth it IMO.
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Old 06-05-2017, 02:25 AM
 
Location: Chicago
4 posts, read 1,734 times
Reputation: 10
Default Does Buying Discounted Gift Cards Help You Save Money?

Quote:
Originally Posted by flamadiddle View Post
Not necessarily. It actually urges you to spend more since you "feel" like you're getting a deal. Plus, many never use the full balance on their cards. For example, you buy a $100 gift card for $90 and decide to use it one day for something that costs $70. Now you have a balance of $30 on the card and end up misplacing or forgetting about it. Whooops! now you actually paid the company $90 for something that should have cost $70. Plus, you have to spend time managing the balances, expiration date and whereabouts of the card(s). Not worth it IMO.
You are right..
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