Kristen emailed the following tip:
I was recently tasked by the parents of my daughter’s class to purchase a gift card for the teacher. I was originally going to spend the $100 I had received from the parents to purchase a $100 gift card. But, then I found a discounted eGiftCard online.
The price was $79 for a $100 gift card. That’s a savings of 21%! Whoo-hoo!
I loved being able to stretch those dollars a little farther so she would have more to spend. I was able to give her a larger gift card — and only spend $100!!
I then realized, I’ve had “gift cards” filed under “gift ideas” in my brain. There is no reason I shouldn’t take advantage of these awesome deals, too! Also, I generally plan a least a day ahead when/where our family is going to eat out, and I know when I am going to go to a particular store to shop. Why not purchase an egift card and save that 5-20% right off the top?
So, I searched for stores/restaurants that I regularly shop at…almost all of them were there, with substantial savings!
Discount Gift Card sites have gift cards for Starbucks, Home Depot, Target and many more! The AMC Cards are 20% off, at the time of this post. That’s an awesome bargain, because last I checked, movie theaters weren’t offering sales!
From now on, I am doing no shopping or eating out until I find out if they have a gift card online.
A Few Discounted Gift Card Sites
GCSPREAD :: GCSpread offers both printable vouchers and actual gift cards, so you just need to be aware which kind you are purchasing. Especially, if you are in a time crunch and waiting for the mail is not acceptable.
CARDPOOL :: This is a really popular site and is user-friendly. You may purchase physical or eGiftCards on this site. The turnaround for an electronic voucher is approx. 1 day.
GIFT CARD BIN :: This is probably the biggest seller of discounted gift cards out there. They have an amazing variety of cards with great deals.
GIFT CARD GRANNY :: Not as huge a selection as Cardpool, but great deals.
RAISE :: This site looks sharp, and the nice thing about this site is they also offer an app, so you can purchase your eGiftCard from your phone. Remember, it can take 24 hours to receive your electronic voucher or egift, so you can’t purchase the voucher moments before making a purchase. I would say the discounts are not as deep as they are on GCSpread or Cardpool.
EBAY :: There are people on Ebay who sell discounted gift cards. I did a quick search and a few deals popped up, such as a $100 gift card for $88. But, there were also sellers listing Target gift cards for the same amount as the gift card was worth + shipping. I have no idea why anyone would purchase this. Just be aware of what you are purchasing and make sure it is from a reputable seller. The downside for me would be wasting my time searching (& bidding) on Ebay when I could go to a dedicated discount gift card site, do a quick search and purchase immediately.