You probably know that I got a lot of gift cards for Christmas. Well, the issue now is trying to spend them. On our trip I had 4 Sonic cards and one of them had been partially used. It was hard to figure out which was which. At least at Sonic I was able to pay with 2 cards. Problem is making sure I don't mix the good cards with the empty one.
I also got a bank gift card and it is not as easy to use. You can't use it at a gas pump unless you pay inside. It is also hard to spend the remaining balance if your total purchase is more than your card. You have to know exactly what your balance is. I went on a balance mission today and found 9 cents on a Home Depot card and $1.88 on a Walmart card. I also found that my wife's bank card had $1.18 on it. Make sure you keep track of old cards, they could add up.
Make sure you use up the gift cards. The USBank gift card stated on the back that after 7 months a $2.50 service fee will be removed if there is any balance on the card. How much does the bank make on these things? My mom was thinking that if she didn't use her $50 card she would save the giver that $50. WRONG.
The best advice for gift cards is to spend them RIGHT AWAY. I have a friend who lost a few last summer when he got married. The cards are easy to misplace, easy to discard, easy to forget about. The companies count on this.
GIFT CARD=SPEND(Don't wait)