This article tells you what a gift card is, types of gift cards and benefits of gift cards. Keep reading to find out.
What Is a Gift Card?
A gift card is a prepaid card with a certain amount of money on it that is used to buy products and services from a particular store.
First introduced by Neiman Marcus and later taken to a bigger scale by Blockbuster, gift cards have been in existence since the 90s and it doesn’t seem like they’re going anywhere.
Types of Gift Cards
There are various types of gift cards from many brands like
1. Walmart
2. Apple
3. Target
4. Sephora
5. American Express
6. eBay
7. Nordstrom
8. Macy
9. Steam
10. Amazon
11. Nike
12.!Best Buy
Plus many others!
Gift cards are a convenient way to make purchases but there are also three other advantages of gift cards everyone should know. Check them out below.
Benefits of Gift Cards
1. They Make perfect gifts:
Have you ever been in a situation where you don’t know what to give someone as a gift, but you know they like a particular store? Just get them a gift card loaded with a particular amount from that store! Gift cards give people the chance to pick whatever they want with the gift card until they max out the amount on it.
2. They can be used to control spending:
Are you an over-spender who always goes above your budget? Use a gift card! The fact that you cannot spend over an amount on a gift card is perfect for people who want to stick to a strict budget while shopping.
3. They can be traded for cash:
Did you get a gift card but you cannot use it for some reason? Trade them for cash! Thanks to platforms like Cardtonic, you can now trade your gift cards in exchange for cash in Nigeria.
It is super easy to use and they offer an instant withdrawal of your funds.
The Cardtonic app is available on the Google play store, Apple App Store, and even on the web.
Get started today with Cardtonic!
