What we learned this holiday shopping season will forever change the way we buy gift cards. I would like to share with you this difficult lesson that I discovered.
Don’t buy gift cards at retail stores
Scammers use gift cards as a convenient payment method for scams. In fact, gift card fraud occurs when purchasing cards at retail stores. Fraudsters tamper with cards and add hard-earned cash value to them, rendering them worthless. Why do scammers prefer paying with gift cards?
- Virtually untraceable
- readily available
- Easily convert to cash or Bitcoin
- Ability to move large sums of money in small parcels.
New Year Quiz! How well do you know these facts about welcoming the New Year?
Only buy from cashback gift card providers
When you purchase gift cards through cashback sources, you earn money and incentives just by purchasing gift cards. Cashback gift cards allow you to receive gifts while being generous with others.
Here is my list of reputable cashback gift card sources:
Ibotta is a great app that lets you earn cash back at your favorite stores like Target, Starbucks, Lowe’s and over 1,500 other retailers. Perks include grocery stores, food deliveries, movie and concert tickets, and more.
Purchase gift cards for your loved ones and receive instant cashback in your Ibotta account. Here’s how to buy gift cards for others on the Ibotta app.
Under the “Shop by Category” section gift card From the home screen of the Ibotta app, you can search and browse shops from various categories such as “Nearby”, “Clothing”, “Coffee/Tea”, “Electronics”, and “Health/Beauty”.
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Select your preferred store and choose a gift card purchase option. When you purchase a gift card, you’ll see the percentage you receive. Earn 7% back when you purchase an Old Navy gift card, as shown in the example below. Some cards allow you to get up to 20% back.
- Enter the amount you want to put in the gift card
- toggle this is a gift After purchasing a card via email or text message, send the card to your loved one. You don’t need the Ibotta app to use gift cards.
- As soon as your purchase is complete, you will find your cashback in your Ibotta account.
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This popular retailer offers an easy way to earn cashback. You can cash back certain gift cards purchased in-store by downloading the Rakuten website or app. Note: You may not receive cash back for some purchases made using your own gift card or certificate. This means that you must always pay with a regular credit or debit card to receive cash back.
Choose from over 3,500 stores including Bath & Body Works, Ulta, Uber and more. Each store lists the percentage of cash back you receive after making a purchase. Stores like Adidas and Petco offer up to 6% cash back when you buy a gift card on Rakuten.
Here’s how to gift your loved ones a Rakuten gift card and earn cash back.
- go to Rakuten > Click “Category” in the menu > Click Rakuten Gift Certificate Shop
- Select the store you want to purchase from and the amount you want to put on your gift card. Be aware of the cashback percentage you receive for gift card purchases.
- Please Confirm send as giftoption
- Your cashback earnings will appear in your Rakuten account.
Sign up for Rakuten here and get $30 when you spend $30.View Rakuten page terms.
TopCashback gift cards offer up to 20.8% cashback when purchasing gift cards through the service. Stores they work with include Macy’s, Kohl’s and Dick’s Sports Goods. Here’s how to send gift cards to others through TopCashback:
- Select the store where you want to buy, select the gift card amount,[続行]Press Be aware of the cash back percentage you receive with each gift card.
- On the next page select ‘Email someone else’ and enter your information
- Enter your payment information and TopCashback will send the gift card to the recipient. You can receive your cashback within 30 days.
Many people use PayPal as their primary online payment service. However, most people are also unaware of all the rewards they get from using PayPal Honey. PayPal Honey does not offer cashback when consumers use gift cards, but points earned while shopping through the app can be redeemed for cash, gift cards, or PayPal shopping credits. .
Once you download the app and create a free PayPal Honey account, you can enable the cash back option and earn points on qualifying purchases. As you shop at your favorite stores, the app will let you know if you’re eligible for points you’ve earned and special offers such as Double Cash Back that store offers.
Over 4,500 stores, including Apple, Walmart and Home Depot, use PayPal Honey’s points system.
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Once you’ve earned enough points, you can redeem those points for cash, gift cards, or PayPal Shopping Credits. If you would like to use your points to purchase gift cards, you can do so through the PayPal Honey redemption page. Here’s what you have to do:
- Please select the desired store
- Select the number of points you want to redeem and selectredemption
- paypal honey You will receive an email with your eGift Card within 24 hours.
- Click to learn more about joining PayPal Honey. Here.