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.

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Here are some lessons I learned about gift cards this year.
(iStock, files)

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:

1) Ibotta

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.

Ibotta gift card option.
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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.

How to buy gift cards on Ibotta.
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  • Enter the amount you want to put in the gift card

Click here to pay with Ibotta.
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  • 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.

Earn cash back with Ibotta.
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  • As soon as your purchase is complete, you will find your cashback in your Ibotta account.

please click this linkUse referral code mpiaurmGet $10 when you submit your first receipt.

Copy the code and use Ibotta’s[アカウントの作成]of the page[紹介コード]Insert into the box. mpiaurm.

For more information on how to use the Ibotta app to win great prizes, please visit CyberGuy.com, click the magnifying glass icon at the top of my website and search for “Ibotta”.

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2) Rakuten

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.

Shopping with Rakuten gift card.
(Cyber ​​Guy.com)

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

Rakuten gift card shop.
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Select the gift card store brand here.
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  • 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.

Buy gift cards on Rakuten and get cash back.
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Be sure to click “Send as a gift”.
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  • 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.

3) Top cashback

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:

TopCashback also offers cash when you purchase a gift card.
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TopCashback store options include:
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  • 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.

Here you can select the gift card amount.
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  • On the next page select ‘Email someone else’ and enter your information

Choose to email the gift card to yourself or someone else.
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  • Enter your payment information and TopCashback will send the gift card to the recipient. You can receive your cashback within 30 days.

Sign up for TopCashback here.

4) PayPal Honey

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.

Earn gift card points with PayPal Honey.
(Cyber ​​Guy.com)

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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

Honey gift card options.
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  • Select the number of points you want to redeem and selectredemption

Here’s how to redeem your points using PayPal Honey:
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  • paypal honey You will receive an email with your eGift Card within 24 hours.
  • Click to learn more about joining PayPal Honey. Here.

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