Nordstrom, Macy’s and JCPenney are among the retailers who offer the best gift cards for holiday shoppers, according to a new report from leading personal finance website GOBankingRates.com.
To come up with its ranking, GOBankingRates surveyed gift card offerings from 30 major retailers and providers, using 10 factors that most affect gift card appeal including ease of purchase, redemption rules, and balance requirements to maketheir rankings.
Gift cards can make it much easier to get through your holiday shopping list, but our study shows that not all gift cards are winners,” said Elyssa Kirkham, lead reporter on the GOBankingRates study. “The best gift cards stood out by offering a convenient and cheap way to give with features like free shipping or the option to send a gift card digitally. Some retailers even reward customers who buy and use their gift cards.”
Below are the top 10 cards, as ranked by GoBankingRates.com
10. Best Buy