LeverageCard Lets You Store And Trade Gift Card Data Online

A new website launched last week that lets you store your gift card data from a variety of retailers in one location, where you can track usage, retrieve card numbers if you lose the physical card, or even swap card balances with other members. The site will also pay you 1% interest on the balance of each card you register, or 3.65% interest if you purchase the card through their site.

What about privacy? “Leverage’s backers say they won’t compromise users’ privacy. Retailers won’t be able to contact users directly or gain access to their personal information.” So, your data may be no more or less secure than at any other online service, but they’re saying up front that you won’t be contacted by third party businesses.

“Online registry helps people buy, track gift cards” [Dallas Morning News]


Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.