Gift Cards: A Convenience or a Ripoff?

[SuzeQuze]

Originally Posted by JWS

Also, something like 5% of gift cards are never redeemed...lost or forgotten about. Some even have expiration dates.

I lost my $50 Ski Market card and $25 Texas Roadhouse. They were both old. I found one in my glove compartment too for a card reading (2002). They have expiration dates but I think MA law states that they have to be honored forever regardless of that date. And the reason I lost the cards is because I had something to organize them in which I lost. Hopefully it will turn up. So yeah, part of the racket is counting on people not redeeming the cards.