They don’t expire here, 3ither, but I found a 10-year-old gift card after a move and the company had switched to a new gift card system, so I had to spend an hour calling around to get my ancient gift card converted to modern store credit. It was not worth it for $20.
I wonder if prices being 24.99 makes a difference here too.
That would mean that for each gift card where the full amount is not spent, the company keeps 0.01. That 0.01 is technically owed but it doesn’t prevent the company from earning interest on the unspent cash (I don’t think).
They basically force you to go to a specific store after the holidays before the allotted time expires. What if I don’t have time to go to that store? What if I don’t need anything from that store? What if I don’t like the store?
I’d rather they give me something useless than a gift card that is going to expire anyway.
6 months later, all three cards have expired, so all three companies get $25 of free revenue, and no one really got anything for Christmas.
Gift cards are a fucking scam
Gift cards expiring isn’t legal in Canada. We just expect you to lose them, and there is still plenty of profit in that, apparently.
They don’t expire here, 3ither, but I found a 10-year-old gift card after a move and the company had switched to a new gift card system, so I had to spend an hour calling around to get my ancient gift card converted to modern store credit. It was not worth it for $20.
I wonder if prices being 24.99 makes a difference here too.
That would mean that for each gift card where the full amount is not spent, the company keeps 0.01. That 0.01 is technically owed but it doesn’t prevent the company from earning interest on the unspent cash (I don’t think).
I hate them.
They basically force you to go to a specific store after the holidays before the allotted time expires. What if I don’t have time to go to that store? What if I don’t need anything from that store? What if I don’t like the store?
I’d rather they give me something useless than a gift card that is going to expire anyway.
How short is the time in your gift cards that you can’t find the time to use it??
I don’t understand them either, just give people cash
It can seem more thought out to give giftcards than just money.
yeah but I’d honestly prefer to get cash more than a gift card