Finance

Why do some gift cards come with special offers?

gift card

Gift cards have evolved far beyond simple plastic rectangles representing stored value. Today’s gift card market includes sophisticated offerings with bonus features, promotional incentives, and special deals that enhance their appeal to purchasers and recipients. During the holiday season, retailers and restaurants enhance gift card purchases with unique bonuses, such as adding a complimentary bonus card to increase value.

These enhanced gift card promotions have become increasingly common across the retail, restaurant, and entertainment sectors. Understanding the strategic reasoning behind these offers provides insight into modern marketing practices and helps consumers make informed decisions about which promotions deliver genuine value.

Common types of gift card special offers

Gift card promotions typically fall into several distinct categories, each with different benefits for consumers:

  1. Bonus cards – The most common type involves receiving an additional card of lesser value when purchasing a gift card at a specific denomination. For example, Receive a bonus card with your gift card purchase. These bonus cards often have usage restrictions, including expiration dates and blackout periods.
  2. Discounted gift cards – Some retailers present gift cards at reduced values, creating additional purchasing opportunities. These straightforward discounts provide immediate value without the complexity of separate bonus cards.
  3. Bundled perks – Higher-end gift cards sometimes include additional non-monetary perks such as priority reservations at restaurants, free shipping on online orders, or access to exclusive items.
  4. Tiered rewards – These promotions scale rewards based on purchase amounts.
  5. Multi-brand offers – Some gift card deals include an extra value that can be used at partner locations, benefiting those checking their mygift balance.

The additional value offered through gift card promotions nearly always comes with specific terms and conditions that consumers should understand:

  • Usage windows – Bonus cards typically have narrow redemption windows, often during traditionally slower business periods like January- February or summer for specific industries.
  • Expiration dates – While primary gift cards often cannot legally expire in many jurisdictions, promotional bonus cards frequently include expiration dates, creating urgency for redemption.
  • Minimum purchase requirements – Many bonus cards require minimum purchases for redemption, ensuring the business captures additional revenue beyond the card’s face value.
  • Exclusions – Certain items or services may be excluded from purchase with promotional cards, typically high-demand or high-margin offerings.

Understanding the strategic purposes behind gift card promotions helps consumers make informed decisions and maximize the value they receive:

  • Plan future purchases – Gift card promotions offer the most outstanding value when you’re confident you’ll use the primary and bonus cards within the specified timeframes.
  • Read all terms – Carefully review all restrictions, expiration dates, and usage requirements before purchasing promotional gift cards.
  • Stack promotions – Sometimes, promotional gift cards can be combined with other offers, sales, or loyalty programs to multiply savings.
  • Consider gift timing – If giving a promotional gift card to someone else, ensure the recipient is aware of any time restrictions on bonus elements.
  • Track balances and dates – Maintain records of all gift cards, bonus offers, and expiration dates. Regularly check giftcardmall balance or specific retailer systems to monitor remaining values.

By understanding the business strategy behind these offers and the typical restrictions that apply, consumers make informed decisions about which gift card promotions provide genuine value aligned with their spending patterns and preferences.