By Christine Bookings for gift-giving-central.com

A Visa gift card is a prepaid card that can be used anywhere Visa debit cards are honored. As both online merchants and retail stores accept it, people can’t go wrong with giving gift cards as presents for weddings, birthdays and during the holidays. Since what the gift cards will be used for and when will depend solely on the recipients, they’re the perfect answer to the unique gifts dilemma.

Unlike regular credit cards, gift cards have no line of credit. Spending freedom is limited to the dollar amount that was placed on the card by the person who purchased it. Purchasing items that have greater value than what your card is worth will only get the Visa card declined.

Using Gift Cards

Making purchases using gift cards requires card holders to sign a purchase receipt. An amount corresponding to the cost is automatically deducted from the card each time a purchase is made. Those new to using gift cards may find the following tips useful in managing their card purchases:

• Don’t throw your cards away when the balances are used up in case you need them to return items you bought. The value of the merchandise returned will be credited back to your card within three to seven days.
• In case your card gets lost or stolen, report it immediately to the issuing institution via their toll-free number.
• Stores can’t determine your balance for you. Know your balance before heading out to the mall to do some shopping.
• Sign the back of the gift card to prevent unauthorized use.
• Use a second payment method such as credit card, cash or check to pay for items that cost more than what is in your balance. Let the cashier know how you wish to pay.

Gift cards are great all-occasion gift ideas. Find out how gift cards can help you solve your gift-giving dilemmas by logging on to the Visa website today.