When reviewing and scoring gift cards for ScripSmart, we like to see multiple options for checking the balance of a gift cards. From online, by phone to in-store, the more options the higher the Gift Card Score. The fact is, making it easy for a gift cardholder to obtain their balance is an important component of providing a consumer friendly gift card program.
Here are 3 why you should frequently check the balance of your gift card:
1. Motivation To Redeem
We recommend keeping the total value of gift cards you have unredeemed to a minimum. By knowing the balance of your gift cards, you just might find that extra push to get out there and use them. The difference between having a $10 gift card to Starbucks on your iPhone and $450 worth of gift cards from 5 different merchants sitting in the drawer is huge.
2. Avoid Post-sale Fees
If there are post-sale fees, they are often deducted monthly and in amounts less than $5 per month. If you're holding on to a gift card and see a fee was deducted, you'll catch it right away and have the opportunity to redeem before another deduction reduces your balance. Those with visa gift cards should especially take note of this point.
3. Avoid Gift Card Fraud
A good friend recently told me a story of the remaining balance of their gift card mysteriously disappearing. In short, they used a portion of the gift card's balance and when they went back to use the remaining portion it was gone. It turns out the server of the restaurant gave themselves a $20 tip! If there should be value remaining after you use a gift card, always check the balance to ensure it's accurate.
Do You Have A Lot Of Gift Cards?
If so, you need a little help getting the motivation to redeeming your gift cards. The good news is you're in luck: ScripSmart offers a free account system which allows you to register gift cards you own and, in turn, receive helpful alerts. One such alert is a monthly summary of the gift cards in your account. We also offer 'nag-me' alerts which bug you into redeeming those gift cards ASAP. Create your ScripSmart accoutn here.