Christmas, birthdays, anniversaries, Valentine’s Day and other special milestones are just a handful of the occasions that require treating someone to a gift. 

Occasions such as weddings and baby showers are sometimes made easier if a registry is in place. 

Gift shopping, in other instances, can be a challenge, especially if you do not know the person well. 

A possible solution is to make your present a gift card. Gift cards can make the process uncomplicated, and it also has valuable benefits. Here are four advantages of giving gift cards this holiday season.  

Gift cards are convenient 

Depending on the product, gift cards often allow for shopping at your own pace. If it is an e-gift card, you can buy items from the comfort of your bedroom on your phone. In this instance, a gift card reduces the hassle of having to go in-store or join long lines to cash out. An e-gift card also reduces the chances of losing the gift card, as it can be accessed online when needed.  

They allow you to be thrifty 

If you have several people to shop for, gift cards can help to prevent overspending. A gift card does not require fancy packaging or wrapping paper, which usually adds to expenses. With possible discounts from some retailers, you could end up spending less for a gift card that allows the recipient to have something of value still.  

They can make shopping for gifts easier  

If you don’t have time to figure out what someone needs but know their favourite places to shop, a gift card from one of those stores is a good idea. Gift cards are also a great way to add something extra if you have already bought a gift that was requested. 

People won’t return the gift card 

People return undesirable gifts, shelve or re-gift them. Your friends and family will keep and use gift cards. With a gift card, you are presenting people with the freedom to select what they want. It is a win-win.  

Key things to remember if you get a gift card this Christmas: 

1 – Check the expiration date of the card. Some cards are valid for a specific period. 

2 – Some retailers offer discounts on gift cards for specific stores, so you could end up spending less. 

3 – Vendors on some auction sites can be dishonest. Purchase from recognised and reputable retailers. 

4 – It doesn’t need to be a special occasion for you to gift someone with a gift card. It can be a gesture that helps someone who is experiencing a little difficulty or needs cheering up. 

5 – Ensure that the amount on the card can cover a gift that will be appreciated. Be generous. Share gift cards with enough value or added perks built in so that the recipient won’t need to add extra money to buy an item. 

One drawback of this type of gift is that some people view gift cards as impersonal. However, most people will appreciate gift cards for spa and other self-care services, and hobbies.  

Happy shopping.  

Happy holidays.  

Sources: Cash Money Life, The Balance Every Day, HDFC Bank and Gift Cards.