July 30, 2014

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BBB advice for purchasing gift cards for the holiday

Are you purchasing gift cards this holiday season? If so, beware of fees attached. The Gift Card Federal Law Act, passed in 2010 has improved consumers’ chances of getting full value out of the cards they buy or give, but there are still things to look out for. Here are some facts from BBB:

•  Money on a gift card cannot expire for at least five years from the date the card was purchased or the last date any additional money was loaded onto the card.