The latest research suggests that the best gift cards you can get are ones you can’t really spend on.
According to a new study, people who buy online gift cards are often giving them away for free.
And while that might seem like a win-win scenario, it’s actually not, according to a paper published in the Journal of Consumer Research.
It found that gift cards that were redeemable for free are not as likely to be redeemed for real money.
They’re more likely to simply be offered for a short time, which means they might not last as long.
“When people don’t actually buy the gift card, it ends up being an extremely temporary benefit that they’re going to use to buy more items or to spend more money on other purchases,” said lead author Adam Wiebe, a consumer economics professor at the University of Michigan.
In other words, when you give away a gift card and it’s immediately spent, it is less likely to help you pay for goods or services.
But gift cards don’t have to be purchased for money.
The same is true when you buy something with a giftcard.
Wiebbe said that while the giftcard could be redeemable at a store, the amount it would cost is determined by the card issuer.
“The more you give a gift to someone, the more they can use it,” he said.
That’s why gift cards, especially the free ones, are a good place to be if you want to spend them.
If you’re a frequent shopper, Wiefbes research also found that the amount you could get back from a gift cards purchase was not limited to what was paid in.
Wiesbe said the researchers tried to track how much money a gift-card purchase actually cost before it was redeemed.
“But the data was inconsistent and didn’t show that the cost was always equal to the value,” he told Mashable.
“We could see that the value of the card was higher than the price, and then we could see if the value was higher because the card wasn’t used, or because the value didn’t change as the card expired.”
But the findings are not universally shared.
A study published last year by the National Bureau of Economic Research found that people generally spent less than they paid for gifts with a credit card.
People generally didn’t think they’d get more than they pay for.
So even though the data shows that people are more likely than others to give away their cards for free, the study found that a lot of the time, people are actually paying more for the card than they spend.
The study also found people are willing to spend money on gift cards because they’re satisfied with the service, but the data also showed that people do not buy the cards expecting to make money.
“It seems like there’s a lot more of this than people realize,” Wiebec said.
If the gift cards can be redeemed at a discount, the benefit is more than offset by the cost.
But if you’re buying a gift or making a gift, it could mean you’re not getting a good return.
“You can have a great experience, and it could be a great time, but you’re probably not getting the full value,” Wiesbes said.
WIEBE said that, when it comes to spending, the data could be misleading.
“If you’re really spending on a gift,” he explained, “and you can afford it, you’re going for a very expensive item.”
In fact, people tend to pay more for gift cards when they’re paying for a gift because it helps them get the item they’re looking for, Wiesbie said.
It can also be a bad investment, he added.
The good news, Wiedbe said, is that the vast majority of gift cards sold are worth more than the purchase price.
WIESBE also pointed out that the data does not tell us how often people buy gift cards.
So if you get a gift for free and don’t spend it on something, it may not be a gift.
But it’s not a bad thing to know how many times you’ve bought a gift and how much it cost.
“For example, if you buy a gift with a $50 gift card that was only redeemable once, and you buy another $50 card that’s worth $100, you could spend the $50 on more items, including a new phone, a new pair of shoes, and a new stereo system,” Wiedbec said, “or you could put it in your bank account to pay for other things.”
You can read more about gift cards in our previous article.
Read more stories from the business of gift card sales.
The bottom line: You can buy a card with a high rate of return, but it’s worth it to know the difference between a high-return card and a low-return one.
Wiedbes also offered some tips for shopping for a high quality gift