Dec 4, 2020

Covid Christmas: Are gift cards wise or wasteful?

Providers say the fears are unfounded and that buying a gift card remains a better, and more thoughtful, Christmas present than stuffing a banknote or two into a card. The UK Gift Card and Voucher Association says that two-thirds of people it surveyed said they spent more than the card value when they used it to buy something. Volunteers have used cards rather than cash as a secure way of fetching shopping for those shielding or self-isolating, while millions of pounds of free school meal vouchers were redeemed into supermarket gift cards when schools were closed. If you are buying a gift card or voucher, one other tip from consumer experts is to do this using a credit card. To qualify for a claim, your gift card has to be worth more than £100 and bought using a credit card.

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