Personal Finance

How to use a gift card 

Billions of dollars are spent on gift cards annually during the holiday season and many gift card balances go unspent. As general cash gift cards rise in popularity, the increase in options can be paralyzing more so than store cards.

Here’s how to make sure you spend yours:

  1. All at once. Pick a big purchase and treat yourself.

  2. Continuously. Use it for all your purchases until it’s dried up.

  3. The basics. Buy everyday necessities like groceries or gas. You will make these purchases anyway so you know your gift card balance won’t go to waste.

  4. Pay your bills. This is a win win, as you don’t have to lose out on earning credit card points.

  5. Put the cards in your wallet so you’ll have them when you need them.

*Don’t forget to check expiration dates and inactivity fees on your cards.

Happy spending!


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