4 Best Places To Buy Gift Cards at a Discount

©GOBankingRates
©GOBankingRates

Discount gift cards are a simple way to save money while providing great gifts or when purchasing items you already want to buy. Keep reading to find out where you can shop for discount gift cards and what you should consider before buying them.

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4 Best Places To Buy Discount Gift Cards

Here’s a look at four tried-and-true places to purchase discount gift cards online:

  1. Giftcards.com

  2. CardCash

  3. Gift Card Granny

  4. Raise

1. Giftcards.com

Giftcards.com offers a rewards program that lets customers get discounts on gift cards. By buying select gift cards, you can earn G-Money points. You can save $1 on future gift card purchases for every 100 points you earn through the rewards program.

The website offers several categories, including specialty cards for foodies, gamers, wellness and more. It also provides a bulk order option for businesses and corporations.

2. CardCash

CardCash boasts a 45-day guarantee on discount gift card purchases. This provides you peace of mind with a 100% risk-free purchase. It sells cards in many categories, including apparel, electronics, food and beverage, sports, travel and more. The website also provides a way for people to sell their unwanted gift cards.

As a CardCash user, you could save tons of money by taking advantage of steeper discounts or by buying gift cards to use for everyday purchases. There are about 500 brands to choose from. Discounts vary widely by brand and range from less than 1% off to upward of 30% off. Here are some of the most popular options you can find on CardCash:

3. Gift Card Granny

Gift Card Granny offers e-gift cards in addition to physical cards. You can even customize Visa or Mastercard gift cards by uploading a photo.

You can take advantage of its cash-back rewards program to enjoy savings. When you buy gift cards from select retailers, you earn cash-back rewards that can then be redeemed for cash or additional gift cards. For instance, when you purchase a Best Buy gift card, you’ll get 1% in cash-back rewards, or anywhere from 25 cents to $2.50, depending on the dollar amount of the gift card. 

4. Raise

Raise offers gift cards at discounts that vary widely by brand and range from less than 1% off to over 30% off. When you purchase select gift cards, you can get a certain percentage back in Raise Cash, which you can use to make future gift card purchases. Also, Raise offers a one-year money-back guarantee on all purchases.

How Do Discount Gift Cards Work?

Discount gift cards are desirable because instead of paying full price, you can spend less than the face amount and still get the same value. Typically, you would spend $50 on a $50 gift card to the store of your choice and have $50 to spend. However, with discount gift cards, you can generally save anywhere from less than 1% to over 30%, depending on the type and store.

Because of consistent demand, gift cards for gas, groceries and electronics usually have the smallest discounts. However, gift cards for some entertainment-focused brands and luxury stores may offer higher discounts. 

The best advice is to purchase cards from trusted sellers. You might see someone offering gift cards for sale at a discount on social media, but you may be taking an unnecessary risk. You may have little or no customer support, and you may not be able to get a refund if there is a problem.

One thing to be aware of is that you may receive used gift cards. If you see a card for sale with an odd value (for example, $12.33), it’s a good sign someone used the card before. That doesn’t mean the card isn’t still usable, but it may have some cosmetic defects you don’t want if you’re buying it as a gift.

Final Take To GO

If you’re looking to buy discount gift cards, the sites above offer plenty of great options that can help you save some cash on your purchases and gifts. If you’ve received gift cards that you don’t need or want, CardCash and Raise are among other available options you can use to sell your gift cards so you can keep even more money in your pocket.

Caitlyn Moorhead contributed to the reporting for this article.

This article originally appeared on GOBankingRates.com: 4 Best Places To Buy Gift Cards at a Discount

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