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Giftcards are not cash either! Unless there is an obvious incentive to purchase a giftcard -- critically for a store/vendor which you already have near-term pl
by mikejarema 3y ago
Giftcards are not cash either!
Unless there is an obvious incentive to purchase a giftcard -- critically for a store/vendor which you already have near-term plans to spend money at -- then avoid them. Eg. I recently purchased one which had an effective 20% savings due to some holiday promotion and will be done spending the balance some time next week. Even then I barely decided to do so.
I don't know how we got conned into trading our money for giftcard balances at par.
- Symbiote 3y agoWhen I was a child in Britain I'd usually get at least one 'Book Token' gift at each birthday, whether from a friend or relative. It ensured I bought a book with the £5 they sent, and it was redeemable at pretty much any bookshop, large or small — so it was relatively safe. I see the system still exists: https://www.nationalbooktokens.com/ https://www.nationalbooktokens.com/
- hooverd 3y agoI'm disappointed that they're gift cards and not physical tokens.
- osmarks 3y agoPeople are perfectly happy to give other people specific gifts, which are even more constraining than gift cards. This doesn't seem that surprising.