Have you heard of Customized Gift cards? If not, then let me brief you. Gift cards are the best alternatives to gifts. Nowadays people prefer to give gift cards instead of presents on any occasion. Customized gift cards lessens your burden about selecting the gift, and the receiver can purchase or avail the services of their choice with it.
What are Customized Gift Cards?
A customized gift card is a prepaid debit card that has some specific amount of money available in it, which can be used for options of purchases. And besides, you can get them customized according to your choices and preferences, for example, the photo, name, or a two-line message on the card.
In short, it is something that you can give to your friends, family, employees, and loved ones on any specific occasion for their future use.
How does a customized gift card work?
As we saw above that these gift cards are nothing else but prepaid debit cards that have some respective amount in them. These are mainly available in two types: closed-loop cards and open-loop cards. And both of them can be used for online as well as personal transactions.
These customized gift cards are always available with a minimum and maximum amount. There is a standard minimum amount of $10 and a maximum of $500. One of the liked features of gift cards is that you can register them online to track the remaining amount and get it frozen if the card is lost. And thus, you can say that cards are safer than anything else.
Types of Customized Gift cards
Now that you are clear with how a customized card works, lets me brief you on the types. There are three types:
- Open Loop: These gift cards are openly accepted as they are linked with famous and popular business networks. Some of them are MasterCard, Visa, American Express, and many such similar cards. Thus, you can access these cards from anywhere that accepts the card.
- Closed Loop: Now, this type of gift card brings a limitation. You can only use them at selected locations or brands. This is one of the reasons only a few people choose closed-loop customized gift cards.
- Reloadable: One of the most preferred types. You can reload the card amount with the time again until its expiration or time of validity ends.
- Non- Reloadable: In this, you can reload the amount in the card only once. But, not to worry, if you are interested, you can follow some of the procedures and get it converted into a reloadable card with the bank of issue.
Benefits of Customized Gift Cards:
- Year long use:
The recipient can use the gift card at any time of the year from the purchase date until the expiration date.
You can get the gift card personalized with the name and picture of the cardholder on it.
- Choice of freedom:
One of the reasons people use it. The holder can use it for any purpose; shopping, entertainment, services, eating, etc.
Banks offer various options of discounts, which the recipient can claim with the gift cards.
(Note: Only some banks and brands offer such offers.)
And thus, with this, we can say that customized gift cards are the best alternative to gifts, which saves you time and choice for purchase!