CVS Healthcare, owned by the corporation of the same name (CVS corporation), is an American company that was founded way back in the year 1963. CVS is the largest pharmacy store retailer in the United States as of today, with a network extending over more than 10000 stores. The huge network of offline stores makes it easier for CVS to not only sell pharmaceutical products but also sell other essential items such as gift cards, certain stationery, etc.
As of 2022, CVS boasts of one of the highest collections of gift cards available for sale from the counters. Top consumer-loved brands from different areas such as clothing, food, hospitality management, jewelry items, etc. are being sold from CVS stores.
List of Gift Cards sold at CVS
In this section, we are going to take a look at the different types of gift cards that are being sold at CVS. These include:
- Fashion Industry:
- American Eagle
- Forever 21
- Departmental Stores:
- Amazon
- Macy’s
- Food chains and restaurants:
- Subway
- Dunkin’ Donuts
- Credit card companies’ gift cards:
- VISA
- MasterCard
- American Express
- Smartphone and electronic accessories industry:
- Apple
- Samsung
- Leisure gift cards:
- Xbox
- PlayStation
- iTunes
In addition to these, gift cards are also sold in the hospitality department, jewelry industry, and even the traveling agencies. It must be noted that CVS sells gift cards from nearly 220 different vendors and writing such an exhaustive list would be beyond the scope of this article.
List of Gift cards unavailable at CVS
CVS sells such a wide range of gift cards that it would be easier to make a list of brands that are unavailable at CVS. Such a list would include brands such as GNC, PacSun, Steam, Target, Walmart, etc. The main reason why these companies do not sell their gift cards on CVS is that these are all direct competitors of the brand and selling them would ruin the image of both the companies involved.
There also exist exclusivity agreements between companies sometimes, that prevent CVS from hosting certain brands on its aisles.
Advantages of Buying Gift Cards from CVS
CVS sells third-party gift cards at their stores, which can be bought from the concerning brands anyway. Yet, CVS is the largest seller of gift cards in the US. In this section, we take a look at what are the benefits of buying gift cards at a CVS store:
- Customers get to choose from a wide variety. CVS acts as a supermarket of sorts, wherein customers can choose between different brands for the same category of products, and ultimately choose the best available option
- CVS offers discounts on gift cards from time to time. Discounts mean that customers are getting higher value back on their initial investment, resulting in a direct profit
- CVS also gives quality assurance. Customers can stay 100% relaxed that the product they have purchased is genuine.
- In case of any difficulties, the customer care at CVS would be always willing to help.
Return Policy of Gift Cards at CVS Stores
CVS, in general, offers a very lenient return policy on all of its products. But the case is not so for gift cards. Gift cards once sold from the stores cannot be returned or refunded back to the customer’s account except as required by law. It is difficult to understand the logic behind such a decision but a recent internal leak suggested that many fraudsters had returned used gift cards back at the CVS stores.
Conclusion
In this article, we discuss that CVS sells gift cards from almost all of the top consumer brands in the US. In fact, the annual sales report of CVS showed that gift card sales contributed to nearly 10% of the company’s net sales. Most of the brands also prefer to sell their gift cards at the CVS stores because of the huge customer base that CVS enjoys. Thus, the sale of different gift cards from the CVS stores is beneficial to all the parties involved in the process.
Frequently Asked Questions
Question. Are there any drawbacks to buying gift cards from CVS?
No. As already mentioned in the article, CVS is the leading gift cards retailer in the US and is highly trusted by each of the brands present on its aisles. Customers can shop without any worries regarding the originality and quality of the product.
Question. What are the denominations of gift cards available at CVS?
CVS does not make any gift cards on its own, and as such, the denomination value is the same as the gift cards being sold at other stores. The most common denominations of gift cards sold include $5, $10, $50, and $100. In some cases, gift cards valued up to 1000 dollars are also sold from the CVS stores.
