I have mentioned this idea before, but in light of Father's Day coming up, I thought I would do a quick overview again.
Buying Discounted Gift Cards as Gifts
One of my favorite money saving tricks is to buy gift cards at less than face value. Obviously, gift card can make great gifts for others: especially those that are a bit harder to buy for (ahem....my dad....ahem). Buying a gift card means you won't waste money on something they don't really want, but paying less than the gift card is worth is what truly makes it smart shopping!
One great place to do this is
Plastic
Jungle. I use this website often for my discounted gift card purchases. They buy gift cards that others don't want or can't use. Then then re-sell them to others that do want or need them.
One reason I wanted to mention this a few weeks
before Father's Day is because the good gift cards go FAST! So, if there is a certain store you would like a discounted gift card to, but it isn't currently available, I would suggest you
sign up now for
Plastic Jungle "notifications" feature. Pick a merchant (or a
few merchants), a minimum discount, and the card face value you are
looking for. Then,
Plastic
Jungle will email you immediately whenever a card that meets those requirements becomes available.
I typically get my gift cards within just a few days of ordering them.
Stacking Discounted Gift Cards With Other Deals:
I buy discounted gift cards for myself. Yep. I do. And I consider it very smart shopping. In fact, I try to make all of my major purchases (especially clothing) with discounted gift cards. It is simply one more way in which I
stack deals.
Let's say you bought a $100 gift card for just $90. Then, you used that
gift card to purchase $130 worth of merchandise that is on sale for
$100. That is $130 worth of merchandise for just $90! Combine that with a coupon code / printable couopn, free shipping code,
and/or online cash back and you can save some significant money!
Anytime I see a great sale (one that is combined with a
great coupon code or cash back) that will last for the next week or so , I quickly head over to
Plastic
Jungle to see if I can get a great gift card to go with the sale.
What about those great sales that only last a few days? Well, this is the reason I
really like Plastic Jungle's notification feature. I sign up to be notified
whenever gift cards to stores I'm sure I will shop at are on sale
for a great price. Currently I am signed up to receive notifications for various grocery &
drug stores, Costco, Target, Walmart, Payless, PF Changs, The
Children's Place, Staples, & Ebay, and Kohls.
Whenever these cards go on sale for a great price, I pick one up. Then I
use it at some point in the future, always in combination with a great
sale and/or coupons, rebates, or cash back. That way, I am always
saving 10%-20% (which is the discount applied to
most gift cards)
in addition to any sale, discount or coupon being offered.
I've found
Plastic
Jungle to be very easy to use / navigate. If you have any questions, be sure to let me know!

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Happy Shopping!