GiftCards.com - Things You Should Know About Gift Cards
PITTSBURGH, Dec. 15, 2011 /PRNewswire/ -- Giving a gift card as a holiday gift continues to be a great choice for consumers and GiftCards.com wants to share some information that you should know before you buy your holiday gifts.
(Photo: http://photos.prnewswire.com/prnh/20111215/NE23492 )
When considering a gift card as a gift, you will first need to distinguish between the different types of gift cards available. There are two main types of cards available to purchase: Universally accepted gift cards (known as Open Loop) and gift cards that can be used at only a few or even just one location (known as Closed Loop).
Closed Loop gift cards or retailer gift cards are gift cards that are redeemable at specific retailers or restaurants. Closed loop gift cards are generally loaded with a pre-set value, and are good only at the retailer or restaurant for which the card was purchased. This type of gift card can be a great gift when you know a lot about the receiver of the gift, e.g., where they prefer to shop or eat. You can simply pick up a gift card for a reasonable amount, and let the recipient choose their gift or gifts.
Open loop gift cards, on the other hand, can be used for almost anything. These types are usually backed by one of the major card associations such as Visa®, MasterCard®, Discover™ or American Express®, and are able to be used anywhere that type of association back debt card is accepted. These cards make perfect gifts for anyone. When you purchase an open loop gift card, you give the recipient of the card freedom of choice. These gift cards can also usually be purchased in almost any amount, are safer than cash, and can help the recipient track their transactions.
GiftCards.com goes one step further, allowing a consumer to personalize an open loop card via our "Create A Card" product. Create A Card allows you to upload your own image and add the recipient's name and a personal message to the actual card. Open loop gift cards combined with the customization of the GiftCards.com Create A Card product combines usefulness with personalization in a way that few other gifts can.
About Wolfe.com
Wolfe, LLC is the parent company of GiftCards.com. GiftCards.com is the leading online retailer of on demand customized gift cards and reward cards for consumers and corporate clients, and has been online since 1999.
SOURCE Wolfe, LLC
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