5 Ways to Spend Your Paypal Gift Card and Make the Most of It (That work in 2022)

With the growing popularity of e-commerce, it’s become easier than ever to shop online. Many major retailers now offer virtual shopping platforms that allow you to order items without leaving your home or office. And with most websites accepting payment through a credit card or PayPal, there’s no need to use a credit card for in-store purchases anymore either. These two factors combine to make the world of e-commerce a lot more accessible for everyone. However, it also means that more and more people are becoming familiar with using their credit cards. Even if you're not yet quite ready to make all of your payments via a digital wallet, there are plenty of great reasons why you should start soon. Here are five ways you can spend your gift card and make the most of it. ntroductionto rr

Use a Digital Wallet

Many online stores now accept payments made with a credit card or PayPal gift card. But there are times when transacting with digital wallets is just a lot more convenient. It’s usually the case when you’re buying something that’s not sold online, like groceries or gifts for friends and family. When you use a digital wallet to pay for those items, you can avoid the sometimes-complicated process of exchanging cash for an item and paying a fee. That convenience is especially helpful when you’re shopping with children.

Pay with your Debit Card

You’ve probably heard that millennials are avoiding debt. This includes credit cards, which are all too often seen as a sign of financial irresponsibility. Instead, why not pay your bills with a debit card instead? While it’s true that many millennials are opting for debit cards instead of credit cards, many others are still using both. In fact, 2017 saw a decline in credit card use. But while credit cards are declining in popularity overall, debit card use is on the rise. With the ever-increasing popularity of online shopping, it’s not surprising that more and more people are being forced to use a debit card. But it does mean that there are even more good reasons to use your debit card as an alternative to a credit card. First and foremost, it’s a lot safer than credit cards.

Buy Bitcoin or Ethereum

Okay, so technically you can’t spend a gift card on Bitcoin or Ethereum. But both of these cryptocurrencies are becoming increasingly popular as payment options. That’s because you can use them to buy pretty much anything from apparel to cars. You can then easily sell those items on a peer-to-peer marketplace like LocalBitcoins, using a service like ShapeShift to swap virtual coins for real cash.

Don’t Spend It Right Away

If you get an e-gift card, don’t just tear it open and start spending. Wait until you get home. Once you have the card in hand, review the purchase details to see if there are any extra fees. Pay attention to whether or not the card has an “unused” or “ unused” time limit. If it does, do your best to avoid using the card until you’re ready to. That’s because spending the card’s full balance right away will likely result in a fee from the card’s issuer.

Splurge on Yourself

E-gift cards are also great for splurging on yourself for special occasions. That way, you don’t have to worry about budgeting for those occasions! Just make sure you don’t show off your card to too many people at once, as that could raise suspicion. You could also keep your splurge a secret from your family for a bit to avoid any awkward conversations about finances.

Find Someone Else Who Needs to Unwrap a Gift Card

If you get an e-gift card, you could also hand it to a friend who doesn’t have a credit card. That way, they can spend it on whatever they like. That could be someone who’s planning a trip and doesn’t have the funds to travel yet. Or it could be a family member who doesn’t have the means to get them a birthday gift.

Conclusion

It may seem like a lot of effort to use a digital wallet instead of a credit card. But you’ll find that it’s worth it in the long run, especially when you take into account the security benefits. It’s also never a bad idea to keep an eye out for peer-to-peer digital currency options. In the end, you’re far better off saving yourself a few dollars here and there than using a card that can get you into serious trouble. If you have gift cards laying around that you don’t plan to use soon, you should consider spending them right away.