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How the Credit CARD Act affects gift cards

Summary

Americans -- and retailers -- have grown to love the convenience of gift cards. Their terms have not always been consumer-friendly, though, and the law takes aim at some of them.

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Americans — and retailers — have grown to love the convenience of gift cards. Their terms have not always been consumer-friendly, though, and the law takes aim at some of them.

Fed issues rules addressing gift card fees, restrictions — Clearer disclosures of gift card fees terms and conditions are also included in the rules that take effect in August 2010 … (more)

Buyers’ guide to gift cards: 5 questions to ask before buying — Want to save money on gift card purchases? Ask yourself some key questions and do a bit of homework; your extra effort can mean cash left over in your pocket … (more)

See related:Back to main page: Credit card reform arrives, How the Credit CARD Act affects consumers, How the Credit CARD affects young adults under 21, A comprehensive guide to the Credit CARD Act of 2009, Complete archive of Credit CARD Act articles

 

 

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Credit Card Rate Report Updated: November 25th, 2020
Business
13.91%
Airline
15.50%
Cash Back
15.85%
Reward
15.75%
Student
16.12%

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