4 Ways To Get The Most Out Of Your Gift Cards

By on June 1, 2015
gift cards

4 Ways To Get The Most Out Of Your Gift Cards

gift cards

If you believe gift cards are eternal then think again, they’re not and that’s why we put together 4 ways to get the most out of your gift card.


Check To See If The Company Is Going Out of Business


If a company has filed for Chapter 11 reorganization also known as bankruptcy, your gift card is in big trouble.


Radio Shack and Barnes and Nobles are two companies who are no longer honoring gift cards even though they are still open. Wet Seal has also filed for bankruptcy but its new owner is indeed honoring existing gift cards, but this situation is rare. You can use this site here to check what companies have declared Chapter 11.


Plan Ahead


If you are taking a vacation or a trip, what better way to get rid of some lingering gift cards. Drive an extra five miles and use that Target card to stock up on snacks. Whip out that Golden Corral card so you can limit how much you spend.


File A Bankruptcy Claim


If you really want to use that damn gift card then you have an alternative option. File a bankruptcy claim.


While this is a longshot, consumers who feel slighted can file a claim with the bankruptcy court within a certain deadline.


Why Wait

Just go ahead and use it. If you got a gift card during the holidays and you still haven’t used it, for your sake just use it. No reason waiting around any longer.