Buying and selling undesirable reward playing cards for credit score relevant to a selected retailer includes acquiring financial worth or retailer credit score at that retailer in return for the worth of the unique reward card. For instance, a client may commerce a present card from a restaurant they don’t frequent for credit score usable at a most popular division retailer.
This apply provides shoppers better flexibility in using reward card balances, lowering the probability of unused funds. Traditionally, reward playing cards have been usually confined to a single retailer, limiting their utility. The flexibility to transform these balances to a most popular retailer enhances the practicality of reward playing cards as presents and aligns with evolving client spending habits. It additionally supplies companies with a possible avenue to draw new prospects and foster loyalty.