Comment by rvba

You are likely thinking of branded gift cards that are specific to one store (or one grouping of stores). An Apple or Target gift card, for example.

There are also gift cards that are credit cards. Or, really, debit cards. See “open-loop cards” at https://www.bitsaboutmoney.com/archive/more-than-you-want-to...

> A gift card isn't a credit card, though... ?

I supposed it's a matter of semantics, is a prepaid credit card that is gifted not a "gift card"?

I am not sure if it counts as a debit or credit card, because from technology point of view the division is blurry.

They are perhaps prepaid debit cards. But you can change and set a pin on them just like on the old credit cards. Because that's what they are - old technology.

They dont have a chip, so you have to swipe them.

Some employers give those gift cards instead of cash and I think those cards use the older technology in order to be cheaper (the chip costs few cents to manufacture). After you clear your card balance you basically throw the card away (very ecological), but if they wanted they can also add more money to the same card again. They usually dont do it since people lose the cards, so they issue new ones. So you get a lot of plastic. Think of this as some pocket money every 3-6 months.

It says VISA on the card.

The companies could give cash, but due to some obscure law and psychological reasons they give cards. The card is still better than the paper sodexo gift cards they would give out years ago that were a pain to use since few shops accepted them. But still it is a pain, since you often end up with a small balance and you need to pay part with this gift card (to clean it up to zero) and part with cash.