Monday, March 30, 2009

Pre-paid gift cards - Ugh

You know what I hate? When something isn't obviously a bad idea. Staples switched most of their "big ticket" rebates to Visa gift cards instead of checks and I've started collecting cards I don't know what to do with.

The problem lies in my credit card favoritism. Drugstore and grocery store shopping goes on the citicard for 3% cashback. AMEX gets office supply, gas and cellphone for the 5% cashback plus their gorgeous extended warranty.

So that means these disposable cards are best used on one time purchases that have no chance of being returned and don't need warranties. I can only think of car maintenance, stamps and dining out. I don't need furniture and am on a clothes shopping hiatus.

If the cards didn't have my name embossed and say "Rewards Card" on them I'd just pass them along on birthday and holidays.

2 comments:

Jennifer said...

Can you use them to pay utilities?

Anny said...

All my utilities are included in rent. My only bill is my cellphone and I like the 5% cashback :(

If I weren't about to cancel blockbuster I could use it for that I guess.