The Dark Side of Gift Cards

Gift cards are not as versatile as you think, so if you want to give the freedom of choice, give cash instead.
The Dark Side of Gift Cards
It's impossible to spend a gift card exactly. Either you lose the difference because they leave that last amount on the card, or you have to dig into your pocket to supplement the cost of your gift. dennizn/Shutterstock
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These days, you can buy gift cards (the modern replacement for the gift certificate) from just about every store imaginable. They are convenient, and for many people, gift cards appear to be the perfect gift solution. They’re not. I am so opposed to gift cards that I’m this close to declaring an all-out boycott. Why? Oh, please let me count the ways.

But first, let me define “gift card.” This is a card with the name of a retailer on it, such as Target, Walmart, Kohl’s or Honey Baked Ham. I am not referring to a prepaid debit or gift card with Visa or Mastercard. Here’s why I don’t recommend them as gifts:

Mary Hunt
Mary Hunt
Author
Mary invites you to visit her at EverydayCheapskate.com, where this column is archived complete with links and resources for all recommended products and services. Mary invites questions and comments at https://www.everydaycheapskate.com/contact/, “Ask Mary.” This column will answer questions of general interest, but letters cannot be answered individually. Mary Hunt is the founder of EverydayCheapskate.com, a frugal living blog, and the author of the book “Debt-Proof Living.” COPYRIGHT 2022 CREATORS.COM
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