You have a list of folks you want to send gifts to. Many are out of state. Then there are your immediate siblings. Some you understand well. Others? You just don’t possess a clue in regards to what half of them like? Which means you consider giving them something special certificate. Chipotle Gift Card Balance After all money doesn’t grow on trees. The fact is with the cost of gas doubling in the last couple of years, inflation on our heels and the growth in family reunion attendance, offsetting the expense of gift giving by finding low priced items that every body loves has become a much greater challenge then it ever has been. Thus the growing popularity of gift cards.
The National Retail Federation anticipated $17.24 billion worth of holiday sales last year in gift cards. The reasons gift cards are so frequently bought instead of other items are numerous. No one wants to provide a gift that is not appreciated. In addition, who would like to burden down an aging relative with having to drive several miles to a store she nevers shops so that you can exchange the gift.
All too true. For instance, what if you provide a gift card from a sporting goods store to someone who’s not into sports? Or a gift to shop a jewelry store to a person who lives too great a distance from the store to even bother to shop there.
But has the gift card changed all that much over the past three or even more years? Perhaps. Prepaid gift cards issued by VISA and MasterCard offer a way to work with a gift card anywhere credit cards are accepted. Prepaid debit card issuers and 60 percent of store gift credit card providers offer the potential to obtain a replacement card with the remaining balance if the original is lost or stolen. But getting a replacement may require the purchase receipt and the card number. Some companies may accept other proof purchase. The gift card recipient would have to have all these papers to secure a replacement. No wonder a substantial percentage of gift cards have gone unredeemed. That said, when investing in a gift card, look carefully at the pre-purchase disclosures of conditions and terms on the internet site and the packaging in the store. If terms aren’t given or appear too cryptic to be complete don’t buy.
So when a recipient receives a store issued gift card from the store they don’t like obviously the card just sits in a dresser drawer until it’s long at night expiration date? Are merchants pocketing the money as the gift card purchasers just dispose of money? That was once the case. But companies like Sears announced it really is eliminating expiration dates from all gift cards issued beginning December 17, 2003. Other credit card providers have already been quickly following suit.
In addition to less expiration date worries nowadays there are a handful of companies dedicated to redeeming major retail gift cards for recipients of unwanted, unredeemed gift cards. One site, thegiftassistant.com, offers gift card ordering, redemption programs as well as gift card exchanges. Many of these companies offer services for such credit card providers as Best Buy Starbucks and Outback SteakHouse. Still with all the current recent changes and only the recipient losing the impersonal commercial stigma connected with gift cards has been a challenge.
Some gift card websites have attended great lengths to overcome this obstacle. You can now upload your own images and add your personal text to make a custom card. Embossed text provides card that engraved look, an extremely personal touch.
Still with the work to personalize something special card they still seem to need help to stick out in the crowd of greeting cards and gift bags. After all something special card is four times smaller a simple credit card and weighs just a few ounces. Does this mean that gifts card don’t have what must be done to stand out among large presents? Some issuers compensate because of this by upping the monetary value of gifts cards. Some cards values far outweigh any large dominating boxed gift. From $200 to $300 or more. With the advent of prepaid debit gift cards from VISA, MasterCard, American Express and DiscoverCard folks can provide something special card valued at $500 up to $3000 dollars depending on provider. Perhaps big things do come in small packages.