Hey Super Saver, get ready to mark your calendar because National Use Your Gift Card Day is just around the corner! This brilliant idea was cooked up in 2020 by Tilson PR, and it's gaining popularity faster than a viral cat meme. We all know that feeling of getting a gift card and letting it collect dust, but did you know up to 3% of holiday gift cards never see the light of day? Shocking, right?
Now, there are two types of these golden tickets: the open-loop and closed-loop. The open-loop ones, like Visa or Mastercard, are like the rockstars of gift cards – they can be used almost anywhere. But beware, they come with terms, conditions, expiration dates, and sneaky monthly fees. And not every joint accepts them, so it's not total freedom.
On the other hand, closed-loop cards are like having VIP access to your favorite store or service. They're tied to a specific place, like your favorite record store or movie streaming service. They often don't expire, unless, of course, the store decides to pull a disappearing act like Bed Bath & Beyond.
Now, for the pro tips on how to rock your gift card game:
1. Spend that balance in one go to dodge fees, card loss, or the store going MIA.
2. Use those open-loop cards first – they've got expiration dates and monthly fees that sneak up like jump scares in a horror flick.
3. Don't be shy about regifting or swapping cards you won't use. It's like a gift card party!
4. Here's a genius move: use your prepaid cards to grab store gift cards and sidestep the expiration dates and fees.
So, Super Saver, go ahead and unleash the power of those gift cards like you're the hero of a summer blockbuster. And if you've got any slick gift card redemption tips, spill the beans!
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