Five Back Gift Cards – Where Every Purchase Matters

Cardholders will be able to sell their gift cards and redeem their rewards for cash. The resale value is typically about 10% of the card’s original amount.

One savvy way to get more bang for your buck is to link the card to a brokerage account. That way the money can be invested, and over time it can grow into a much larger sum.
Earn Money Every Time You Shop

When the holidays roll around, there are a few things you can count on: an abundance of time off work; bearded out-of-towners attempting to break into homes through the chimney; embarrassing office party antics; overeating and, of course, gift cards. Gift cards are a great way to give the recipient a little control over what they’re getting (or spending) this year, but the best ones can help you save money on your own holiday shopping too.

A good way to make the most of gift cards is by purchasing them with a credit card that offers cash back or rewards. You can find these types of cards at major retailers, gas stations and online, and they’re often available for purchase at sites specializing in selling prepaid gift cards. Buying gift cards with a rewards card can also be more convenient and can save you a trip to the store.

The Visa Five Back card gives you 5% of the value of each transaction loaded back onto the card after it’s used. The card is only valid at a growing list of participating merchants, but the amount of money you get back can offset the cost of purchasing the gift card itself and it’s a great option for anyone who wants to take advantage of gift card savings.

Another option for people who want to maximize the value of their gift cards is the Bank of America Customized Cash Rewards credit card. This card lets you select the categories where you want to earn cash back, including drugstores and online shopping, and it has a $2,500 limit on combined rewards purchases per quarter. You can even choose to earn 2% back at grocery stores, wholesale clubs and some home improvement stores, which makes it a great choice for those who like to shop at small online boutiques or Etsy shops.

Another option is the Citi ThankYou Premier credit card, which offers 6% cash back on the first $1,500 of combined quarterly spending at two merchants of your choosing. This card is a good choice for people who frequently shop at places that offer high cash back, such as Walmart and Target. This card requires a solid to excellent credit rating to be approved, and it pays your rewards in the form of Citi ThankYou points that can be redeemed for statement credits, check or direct deposit into your bank account or exchanged for gift cards and travel options.
Save Money at Your Favorite Stores

Every holiday season brings some things we can count on: the annual appearance of an overweight, bearded out-of-towner breaking into homes through chimneys; tone-deaf neighbors singing at your door; embarrassing office-party antics; overeating; and a lot of gift cards. Whether you’re giving or receiving them, it’s important to make sure that you’re getting the best deal possible on them.

That’s where the Five Back gift card can help. The site allows you to compare the purchase costs of various gift cards based on several criteria, including how much it will cost to buy one and how much cash back is available. And because it’s a Visa card, you can use it wherever it’s accepted.

You can also find deals on gift cards at the stores you frequent most often. That’s because most of these retailers are partners with the Five Back gift card, so they’re included in its list of partner retailers. The site’s goal is to provide customers with a comprehensive list of the best gift card deals.

Purchasing gift cards with your credit card is also an option, but you should be careful because some retailers and credit cards may have restrictions on how many gift cards can be purchased at once. For example, Walgreens will cancel your order of certain types of gift cards if you purchase more than $750 worth. And even though the CARD Act prevents gift cards from expiring until they’re redeemed, some card issuers still charge inactivity fees if you don’t use them within a year.

Another factor to consider is whether you’re using a rewards credit card. Some cards have rotating categories that give you a higher reward rate during different times of the year. For instance, the Bank of America Customized Cash Rewards card gives you 3% back on drugstores and online retailers, while also offering 2% back at grocery stores and wholesale clubs.

Other cards have a fixed rewards rate. For example, the Ink Business Cash card offers 5% back at office supply stores, which is where you can usually find gift cards for retailers that don’t fall into the card’s other bonus categories.
Get a Discount on Your Next Purchase

If you’re looking for a great way to save money and earn rewards at the same time, look no further than gift cards. These cards can be purchased at retailers, grocery stores and even at online marketplaces specializing in selling gift cards. And while they can be used just like cash, a few tips can help you maximize their value.

Purchase Fees
Whether you’re buying gift cards in-store or online, expect to pay a purchase fee on top of the card’s face value. These fees can vary widely and increase based on the amount you’ll load onto the card. Also, be sure to factor in any shipping charges or customization fees when comparing prices.

Check the Card Before Leaving the Store
Make sure the gift card hasn’t been tampered with before you walk out the door. If it’s been tampered with, the card number and PIN could be visible, making it easy for thieves to write down this information before attempting to use it. If you’re worried about this, consider asking the clerk to wrap the card in plastic before presenting it.

Be Wary of Preauthorization Holds
If you’re using a gift card to make a transaction at a restaurant, hotel or car rental company, be aware that these businesses may place a preauthorization hold on the card to cover potential tips, incidentals and additional services. This can reduce the available balance on your card, so be sure to have enough cash or another payment method to complete the transaction.

Be Careful of Inactivity Fees
If a gift card is sitting in your drawer for more than a year, it may lose its value. Although the Credit Card Act generally prevents gift cards from expiring, some issuers have started charging inactivity fees, which can drain an unredeemed balance.

Avoid these issues by only purchasing gift cards that you plan to use, and by using them frequently. Also, don’t be tempted to purchase a gift card just because it has a high rebate rate. While you may be able to get some extra cash back, you’ll likely end up spending more than the card’s initial value, making it not worth it in the long run.
Redeem Your Rewards

Gift cards can be a convenient solution www fivebackgift com when you don’t know what to give a friend, have a hard time picking out a gift for a spouse or a family member or want to buy yourself something you enjoy. However, not all gift cards are created equal. They can vary in how much they cost, how easily they’re used and whether or not there are fees associated with them. This can make it difficult to figure out if buying a gift card with your credit card rewards program is worth the cost.

For example, some gift cards are only valid at one retailer until the card’s value is completely depleted, while others – including those issued by payment networks like Visa, MasterCard and American Express – can be used anywhere the respective network is accepted. Some may even have reloadable features.

Another consideration is that some retailers and credit card issuers prohibit so-called manufactured spending (buying gift cards with a credit card to hit spending thresholds) by adding restrictions to their terms and conditions or the fine print of their credit cards. If you attempt to do this, it could sour your relationship with your credit card and lead to it clawing back or removing your rewards altogether.

You might also encounter purchase or shipping fees when buying gift cards with a credit card, depending on the type of credit card you use, the retailer selling the gift card and the amount you’re purchasing. These fees can add up and reduce the overall savings of using your credit card for these purchases.

Despite these potential drawbacks, there are times when purchasing gift cards with your credit card can be a good idea, particularly if you’re able to take advantage of the 5% cash back offered by Five Back Visa. Just make sure to check out the full list of merchants on the Five Back website before making a purchase. This is because some retailers, such as CVS, don’t allow you to use a gift card with a credit card for payments and will drain the card’s initial value by applying a separate transaction for the purchase.