alt Hacker NewsA gift card is always worth less than cash, how much depends on various factors.
At least 5% (rewards and inconvenience) but closer to 10-15% in my experience.
For a 20% discount on stores I use regularly I’ll get the gift card (usually buy $50 get $10 free).
Replies
nlawalker • today at 12:55 AM
A $X Amazon gift card is more valuable to me than $X in cash. As in, if you gave me a choice between the two, I’d take the gift card.
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If you look on the gift card market places, like Raise, you will see many gift cards are well below face value but there are also many that are rarely below 1% value like Amazon and Walmart.