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What is a gift card?

1 Minutes

A gift card is a prepaid stored-value card that is typically issued by a retailer or a brand or a bank to be used as an alternative to cash for purchases within a particular store or related businesses. They are often given as gifts, rewards, or incentives and can be physical cards, like the typical plastic card, or digital versions which can be stored electronically and accessed through email or mobile apps. The balance on the card can be used to pay for goods or services, up to the amount that was originally loaded onto the card.

Gift cards are Delivered electronically by email. These can either be printed out or displayed on a mobile device to be redeemed.

It's important to note that most gift cards have an expiration date or may incur inactivity fees if not used within a certain period. Always check the terms and conditions associated with the gift card to ensure you get the most out of it.

What is a gift card?