The discounted gift card exchange Raise.com now backs cards for one year.
Before this recently announced change, Raise offered a 100-day money-back guarantee. So this is big news for anyone who saves money — or wants to start saving money — by using discounted gift cards.
Raise is free to use too. If you don’t already have an account, just visit its website and click on “Sign Up” in the upper right corner.
I’ve been buying discounted gift cards on Raise for about a year now, and it has saved me around $300 so far.
Out of the 22 cards I’ve purchased, one or two did not work at some point when I tried to use them. But because I’d purchased them within the then-100-day guarantee period, Raise refunded me in full.
So I was glad to hear the guarantee period had been extended to one year from the purchase date. The new money-back guarantee covers gift cards:
- That are not active.
- With an inaccurate balance.
- Delivered as a different brand than ordered.
- That are not received within 30 days from the date of purchase.
Raise CEO and founder George Bousis explains in an announcement sent to Raise users:
… This means gift cards bought on Raise are protected for an entire year from the original purchase date. We at Raise want you to buy cards with confidence.”
Do you save money with discounted gift cards? Tell us about your experiences below or on Facebook.