Digital News Report – Many Americans are struggling with a gift decision this holiday season. One of the more popular and versatile gifts have become the gift card. But what is better than a store gift card? Many people will prefer a debit card.
Many retailers offer gift cards which can be limiting. People who receive a gift card can buy what they want from the retailer offering the gift card. Debit cards can be used anywhere.
Best Buy offers gift cards. The cards available right now have a Holiday theme, but the retailer also offers cards with a birthday, congratulations or “any occasion” theme.
Target, K-Mart, Sears, Toys R Us and other retailers offer gift cards. These products have been a great boom for their business. Some cards have time-limits, and when that time expires the card becomes useless. This is pure profit for the company.
Debit cards are popular because they can be used for purchases online. The Wal-Mart Money Card does not require a bank account. The cards are reloadable and carry the Visa logo. There are no overdraft or insurance fees.
Bank of America, Wells Fargo, Chase, Orchard and many other banks offer easy to use debit cards. Green Dot has a Mastercard debit card available.
The ease of use and availability has made debit cards a very popular gift this season.
By: Tina Brown