As a result of the idea of gifting, gift cards have become increasingly popular in the United States. Have you ever wondered what are the best gift cards in the US? In this article, I will discuss the top ten most popular types of gift cards in the United States.
Gift cards are generally accepted because of their convenience, ease of purchase, and variety of options they offer. According to a survey conducted by Credit Summit, approximately 83% of Americans regularly give gift cards for special occasions.
Customer loyalty is another great benefit of gift cards that contributes to their popularity. As an incentive, many retailers offer gift cards to their loyal customers. As a result, sales are driven and new customers are attracted.
The different types of gift cards
Research by Blackhawk Network found that digital gift cards (eCards) are becoming increasingly popular among the younger generation. At least once every three months, 41% of Gen Z consumers and 39% of Millennials purchase a digital gift card.
We have two types of gift cards.
- Gift cards in physical form
There are currently more purchases of this type of gift card, but that is likely to change soon. According to various surveys and reports, digital gift cards are already on their way to becoming more popular. It is usually necessary to visit a physical store to purchase a physical gift card. Amazon, eBay, Walmart, and other popular retailers offer them.
2. E-gift cards (digital gift cards)
It is convenient and easy to purchase gift cards with digital gift cards. Ordering is as easy as picking up your device and placing an order from the comfort of your home. Digital gift cards are available at restaurants like Starbucks, Chili’s, and Chipotle. A digital gift card will be sent to your email address upon purchase. Online shopping makes it easy to gift loved ones.
Why Gift Cards Are Popular In USA
In the United States, gift cards are highly popular for a variety of reasons. There is no doubt that the convenience it offers to gift givers and recipients is the most important factor. According to Statista, nearly 50% of consumers in the US bought gift cards because of their convenience in 2022.
Gift cards, especially digital ones, are easy to purchase. Giving recipients the freedom to choose whatever gift they want is a great idea, especially when you don’t know what to get.
A wide variety of retailers and online stores accept gift cards. As a result, gift cards have become increasingly popular in the US with many retailers now accepting them.
List Of 10 Most Popular Gift Cards In The US
- iTunes Gift Card
- Amazon Gift Card
- Google Play
- Walmart Gift Card
- American Express Gift Card
- Target Gift Card
- eBay Gift Card
- Starbucks Gift Card
- Visa Gift Card
- Disney Gift Card
Gift Card Drawbacks – Hidden Fees
The hidden fees associated with gift cards are one of their drawbacks. Visa gift cards and American Express gift cards ranked first and fourth, respectively. What’s this? There are heavy fees associated with both of them.
The versatility of open-loop gift cards, such as Discover gift cards, MasterCard gift cards, Visa gift cards, and Amex gift cards, makes them incredibly popular. The versatility, however, comes at a cost. For gift cards equal to or lower than $100, there is a minimum charge of $3.95 and a maximum charge of $4.95. Gift cards between $101 and $500 are charged $5.95.
If the gift card is not used for 12 consecutive months, there is an inactivity charge of $2.50 per month.
Conclusion
Gift cards have become a popular gift option in the US. Gift cards offer versatility, usefulness, convenience, and brand promotion.
Choose one of the top 10 most popular types of gift cards in the US to give to your loved ones. Giftcardinstant also allows you to Buy gift cards with crypto
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