How to Buy Gift Cards for Less

Forget about paying full price for gift cards. Here are several ways to get the gift cards you want for less than they're worth.

Buy from Gift Card Discounters

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Websites like Gift Card Granny and buy unwanted gift cards from consumers and sell them at a discount – sometimes for as much as 30% off! And when they accumulate too many cards for a particular store, they run a sale. Take a minute to set up alerts for your favorite stores, so you're among the first to know when they get new cards in stock or are running a special.

Looking for a way to save on an online order that you plan to place? Purchase an e-gift card (or e-code), and you'll be able to use it right away.

Shop the Half-Price Websites

They offer an ever-changing inventory of local gift cards for half off their regular retail. You'll find deals for area restaurants, clothing stores, performances, trips and more.

Get Your Gift Cards from a Warehouse Store

Both Costco and Sam's Club sell gift cards for less than their face value (usually about 15-20% less). Use your membership to get cheap cards for iTunes, Google Play, Regal Cinemas, Starbuck's, Dunkin Donuts, AMC Theatres and other popular brands.

Buy in Bulk

Check the gift card displays at grocery stores and drug stores for bulk packs of cards. These often sell for less than the total value of the cards – a great deal if you plan to give the same gift to multiple people or if you can get cards to a store that you shop at frequently.

Want to save even more? Grocery stores often offer promotions where you can earn cash back or fuel points for buying certain cards. Examples: Spend $50 on gift cards, get $5 back, or Buy qualifying gift cards, and earn 4x the fuel points on your purchase. If you're already going to spend money at a particular store or restaurant, this can be an easy way to bump up your savings.

Take Advantage of Holiday Bonuses

Lots of restaurants, and an increasing number of stores, offer gift card promotions around the holidays. Buy a $25 gift card, and they'll throw in a $5 gift card. Buy a $50 gift card, and they'll throw in a $10 card. Start paying attention to radio advertisements in November, and you'll find plenty of deals to take advantage of.

Tip: You can sometimes get these promotions around Mother's Day and Father's Day, too.

Cash in Credit Card Rewards

Most rewards credit cards allow you to cash in your points for gift cards. Log in to your account to see what's currently available in the rewards catalog. If you're lucky, you may even find that the card you want is on sale.

Don't see the gift card you're after? Then, use your credit card to buy a discounted gift card from one of the other places mentioned in this article. It's an easy way to get an additional 3-6% back on your purchase.