Giving and exchanging gifts are a part of our customers which is being followed for more than a thousand years. We gift for many reasons like birthdays, weddings, anniversaries, sorry gifts and congratulation gifts. Although there are a variety of gifts you can think of, these days people are running out of ideas to think of a gift for others. Also, people want their gifts to be unique and special. Most importantly it must be useful to the person who is receiving it.

Thinking about the aspect of useful gifts, gift cards are one of the best options. Gift cards can be both e gift cards where you can buy things online or normal cards where you can get things by visiting the stores in person. Gift cards have many types. Some of them are,

Open Loop (or network):This is commonly recognized as it is linked to a specific network–be it Visa, MasterCard, American Express or similar. This sort of Gift Cards can, therefore, be used anywhere that accepts all of the brand’s cards.

Closed Loop: This can only be accepted at selected places or can only be used for a few selected products.

Reloadable: gift cards that can be reloaded from time to time with cash until the expiration date.

Non-reloadable: You can only load these kinds of Gift Cards once. In some cases, however, non-reloadable cards may become reloadable with the issuing bank after a certain registration process.

Banks / Credit Card Companies: banks ‘ gift cards are generally open looped and may include administrative charges. You get electronic authorization on the bought Gift Card with this, however, which will have an expiry date. Such cards also come with the choice of reloading or not.

Retailer/brand/ individual business: the gift cards they issue are generally a means of retaining customer loyalty and increasing company.

The card can be activated automatically immediately after you purchase it. If suppose the card is lost, it can be immediately reported to the retailer so that they can block the card. For a few cards, there will be a limited period before which you have to use it. Usually, the limit is one year. In a survey taken, more than half the population preferred to give and receive gift cards as gifts than something else. Department stores, restaurants, coffee shops, electronics stores, and internet retailers are among this season’s most common gift cards. Most shoppers point out that it enables individuals to choose their gifts as their reason to give gift cards.

When it comes to getting the gift, look for the brand that the recipient likes. The main purpose of giving a gift card is that the person receiving it should make use of the gift to the fullest. So, it is better to know the brands the person likes and get gift cards from those brands. There is a lot of gift card offers online from where you can purchase it without much effort. So, by all means gift cards beat all other gifts.