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7 questions to ask before buying a gift card

7 questions to ask before buying a gift card
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7 questions to ask before buying a gift card

It's a neat card trick: You purchase a small square of plastic and, after the holiday, it transforms into a present.

This year, consumers are buying gift cards in record numbers. Holiday shoppers are poised to spend $24.78 billion on gift cards this season alone -- an average of $146 each, according to predictions by the National Retail Federation.

But whether you're purchasing cards for friends, family or co-workers, you want to get your money's worth. So ask these seven smart questions before you buy a gift card.


 

 

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Product Rate
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Low Interest Cards 10.93%
Rewards Cards 15.80%
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Another study shows the imperfection of credit reporting. Almost 1 in 4 encountered problems with their credit reports.
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