If you have a flexible spending account with your health care, you’re probably familiar with the November/December guessing game known as “How Much Do I Expect It Will Cost To Keep Me Healthy Next Year?” Guess too much, and you lose whatever amount you don’t use by the end of the calendar year.
Well, now is also the time to plan gift card spending for the upcoming year. During December, many businesses, particularly restaurants, offer extra bonus incentives when you purchase gift cards. So you can stretch your money further by investing in gift cards to businesses where you will be shopping throughout the year (assuming you have wiggle room in your budget for the expenditure – putting them on credit cards and not paying them off will NOT save money).
The nice thing about gift cards (versus flexible spending accounts) is that most gift cards give you longer than a year to use them! The challenge is that the accompanying bonuses often have short terms of redemption, like a month or two, so don’t get more than you can redeem in that time frame.
A few of the bonus incentives are listed below:
This doesn’t even come close to covering all the offers out there, so feel free to add your favorites!