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The internet is a great place to purchase gift cards for thousands of merchants at a discount. While you need to play ahead and know what stores you are shopping at in the near future, this is a great way to save money. Some merchants also sell eGift Cards which means you can get access to it almost immediately. Not only that, using gift cards is just a regular form of payment, so that can also be combined with any specials, promotions, deals that are currently at the store.
So here are a list of the top places to purchase discounted gift cards:
- Cardpool – get $5 off your first order with this link and the person referring you will also get a $5 bonus (disclosure: this is my referral link, but feel free to post yours in the comments section as well)
- Gift Card Rescue
- Card Cash
- Raise – currently has a promotion for $5 off if you spend $75+ on gift card purchases (use promotion code RAISE75AF – expires 8/31/14)
- Gift Card Zen
- Card Flip
Each site is very different in many factors: Their guarantee policy (all of them have one, they are just different in the time span you have), the discount for each merchant’s gift card, whether or not the sale physical gift card vs. egift cards, etc.
In my opinion, they are all pretty much the same and the discount is the most important deciding factor, in my opinion (as long as it has a guarantee policy). The site GiftCardGranny.com compiles many of the above sites and will actually be ably to compare the discount for the particular gift card you are looking to purchase.
I took a look at 5 random stores, and here is how they compare.
So you can see they are all pretty comparable. Some sites are better for some merchants, while other sites are better for other merchants. Keep in mind though that the sites do not always have the gift cards currently in stock and the dollar amount available can vary.
Feel free to share your experiences with purchasing gift cards at a discount!