Monday, November 28, 2011

No Credit Card? You can shop online without one!

My wife and I try not to use credit cards unless there's an emergency. Some people don't have a credit card. How do you take advantage of Cyber Monday deals when you don't have a credit card, or don't want to use a credit card?

It's easier than you might think.

Banks and credit unions sell Visa gift cards. The idea is that one can buy a Visa gift card and give it to someone instead of cash. I don't look at those as gift cards.

I see them as prepaid credit cards. In fact, they offer a better deal than a credit card. Visa gift cards only cost a couple of bucks to buy, and you can deduct the cost of the card from the value of the card.

When you want to make an online purchase, you enter the numbers from the gift card and make your purchase. Online retailers accept the gift card as if it was a credit card.

Head to the bank and get a Visa gift card, then head to your internet connection and take advantage of those great deals from internet shopping sites. While you're at it, let me suggest one--one where you can buy a set of great books by  a guy named David J. Steele (me!):

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