What Happens If My Gift Card Expires?

If you still have money on your card, you may be able to ask for a replacement card. Federal law requires gift card funds to be good for five years.

Can you still use an expired gift card?

Federal law forbids gift cards and gift certificates from having an expired date less than five years after the date on which the card or certificate was issued, or the date that funds were last loaded onto the gift card.

What happens when Giftcard expires?

There is a minimum period of 3 years for most gift cards and gift vouchers purchased in New South Wales. In New South Wales there is a ban on charging post- purchase fees when you redeem a gift card which will reduce the value of the card.

What can happen to a gift card if you don’t use it for years?

According to the Mercator Advisory Group, up to $3 billion worth of gift cards go unused every year. Unspent money is usually sent back to the bank or retailer.

Do stores have to Honour expired gift cards?

The gift card’s validity dates can be found on the gift card’s website. Businesses don’t have to honor gift cards or vouchers after this date, so it’s a good idea to check the expiration date on your gift card. Most gift cards have to be valid for at least 3 years.

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