Smart Buying

A Gift Card That Gives Back

Here is a holiday gift idea that really pays it forward.

Charitable gift cards let that special someone choose a charity instead of, say, another sweater. At CharityChoice, you choose a gift amount and one of four card types -- such as the “Season’s Greetings” card or the biodegradable card. Shipping costs about $5. The recipient goes to the Charity-Choice site and selects up to three national charities from a list of more than 100 (including the American Red Cross and Sierra Club). The charities receive the gift amount minus a 50-cent fee for the card and a 10% administrative and credit-card-processing fee.

At TisBest.org, you can choose from the site’s 50 available images or upload one of your own photos to print on your gift card. Recipients can choose from among 250 charities. You pay $1.49 for shipping, and TisBest deducts a $1.95 transaction fee plus 3% for credit-card processing from your gift.

The Good Card from Network for Good (www.networkforgood.org) will cost you $5 plus the gift amount, but your recipient can direct the gift to any of 1.8 million charities. And 100% of the funds go to the charity.

Besides spreading goodwill, giving charitable gift cards has another benefit: The entire cost is deductible on your taxes if you itemize.

Most Popular

Child Tax Credit 2021: Who Gets $3,600? Will I Get Monthly Payments? And Other FAQs
Coronavirus and Your Money

Child Tax Credit 2021: Who Gets $3,600? Will I Get Monthly Payments? And Other FAQs

People have lots of questions about the new $3,000 or $3,600 child tax credit and the advance payments that the IRS will send to most families in 2021…
April 14, 2021
The Wrong Way to Achieve Wealth
personal finance

The Wrong Way to Achieve Wealth

For some down-to-earth, basic advice on money and life, I have a book to recommend: “Your Total Wealth: The Heart and Soul of Financial Literacy.”
April 17, 2021
2021 Child Tax Credit Calculator
Tax Breaks

2021 Child Tax Credit Calculator

See how much money you'll get in advance under the new child tax credit rules for 2021.
April 14, 2021

Recommended

36 Best Amazon Prime Benefits to Use in 2021
Smart Buying

36 Best Amazon Prime Benefits to Use in 2021

At $119 for Amazon Prime, get your money's worth by taking full advantage of your membership. Here's a list of the best Prime perks.
March 17, 2021
What to Do When One Spouse Spends Too Much in Retirement
spending

What to Do When One Spouse Spends Too Much in Retirement

If one partner takes a less conservative approach to money, it can wreak havoc on a marriage. But the problem can be addressed by agreeing on bigger f…
February 10, 2021
A Golf Course Community’s Big Variable for Retirees
Smart Buying

A Golf Course Community’s Big Variable for Retirees

Golf club memberships can often be a separate, and hefty, annual fee at golf communities. Here's some guidance before you tee up your retirement move …
December 14, 2020
Don’t Buy This: Top 20 List of Things That Aren't Worth the Money
spending

Don’t Buy This: Top 20 List of Things That Aren't Worth the Money

Buyer’s remorse is real, and if you purchase any of these 20 items, chances are you’ll get to experience it firsthand.
December 9, 2020