Repeat-Watch for these gotchas!

Avoid gift card pitfalls
They’re convenient and popular, but gift cards are often loaded with fees, expiration dates, and other hassles
A card is one gift that can keep on giving … grief.
Listed here are nine major annoyances that you should look out for when buying or receiving a gift card.
1. You lost your card and have to pay to replace it.
2. Your card can't be exchanged for cash, or it can but it'll cost you.
3. Your card's value is shrinking.
4. Your gift card is expiring.
5. You're charged a fee every time you use the card.
6. The card still has value, but it keeps being rejected.
7. You can't use the card anywhere.
8. The card's Web site says that gift cards can't be sent to your state.
9. You find it difficult to spend the last few dollars on the card.
Read more: consumer report.

1 comment:

BellaRose said...

After reading this post I checked out Consumer Reports and I am going shopping. I will not buy gift cards anymore without reading the fine print. I also read that millions of dollars in gift cards go unspent. That is double the bonus for the stores.