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bombcar 4 hours ago

A 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).

Larrikin 2 hours ago | parent | next [-]

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.

nlawalker 2 hours ago | parent | prev [-]

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.

pjc50 2 hours ago | parent [-]

Why? Just the online convenience? You can take the cash and exchange it for gift cards at a shop.

nlawalker an hour ago | parent [-]

Yes, the convenience.