Credit card is another method of payment but credit card works on post payment as in the bank gives a fixed amount and one can use that amount but has to pay back with interest to the bank within a specific day; whereas debit card works on the fact that you spend what you have saved in your bank account.
Can you use the debit card to buy gift cards?
Debit card can be used for payment hence it can also be used for buying gift cards.
Gift cards were named gift cards after the use of these token were uses for gifting a loved one or appreciated individual as gifts on special occasions. These gift cards can then be used by the person who was gifted to buy any product of their choice for that store, for that amount.
Where Can I Buy Gift Cards?
As debit card is just one of the methods of payment, gift cards can be bought by debit cards. Gift cards can be bought by walking in to the stores such as Walmart, Target etc. You can even buy Gift Cards on the online platforms such as amazon, home websites of the stores.
What Is The Price Of Gift Cards?
The price of gift card can vary from place to place. One store can charge a different amount for gift cards than the other store selling the same. A desired amount of purchase in gift cards can be made. Gift card vary in price starting from 5$ and going up-to 100$ and more.
How Can I Buy A Gift Card With A Debit Card?
For walk on stores, one can pick up the gift card which is displayed on shelves and during check out pay for the gift card via their debit card. The customer will have to put in their personalised pin number for confirming the payment.
For online purchase of gift cards, one can add their gift card to their shopping cart and proceed to check out. While checking out they have to choose the payment of debit card; put in information required for acceptance of debit card and make the payment.
The gift card via online order will arrive at the selected delivery address in form of package.
Most used gift cards
Most commonly used gift cards are for products such as make-up and clothing stores.
Debit card recharge gift cards
Debit cards are not only used for buying gift cards but to recharge them as well.
These gift cards require registration by giving your phone number either at their walk in store or via their official websites.
Instead of paying by cash, one can swipe or tag in their debit card for payment and take home their gift card to be gifted to oneself or any other person.
Conclusion
Debit cards are all rounder in the community of money send payment. Everything is possible with debit cards and the extent of its safety makes it the most approachable form of payment. Buying gift cards with debit card makes it even more helpful and easy. With debit cards, in some season buying gift cards is beneficial for the buyer as they offer cashback as well.
Some banks are partnered with specific stores and use of debit card gives the buyer discounts and offer on purchase.
Some debit card linked banks even give gift cards as a bonus and gift to their customers as an token of appreciation and as a method of business as well.
Frequently Asked Question
Are debit card same as credit card?
No, debit card works on basis of what you have saved whereas credit cards works on payment after spending money.
Can gift cards be bought by cash instead of debit card?
Yes, gift cards can be bought by cash but only if you walk in to the store and buy it from the shelves.
