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Do gift cards expire in illinois

do gift cards expire in illinois

The cash redemption option is not available for promotional cards, telecom cards, or gift cards redeemed to an online account for the instantly win cash purchase of goods or services.
Gift or rewards cards with a value of 5 or less may be redeemed for cash, but this does not apply to rewards cards issued with an initial value of 5 or less, and it does not apply to promotional cards, prepaid telephone cards.
For Immediate Release, november 23, 2007, contact: Robyn Ziegler (cell) *consumer alert*consumer alert.
If Christine would like to file a complaint with our office, we would be glad to send the complaint to the companies that issued the gift certificates and ask them to respond, Boyce offered.No fees, with one exception: a monthly fee of 1 or less per month is permitted on gift cards with balances at or below 5 if the gift card is reloadable and has not been used for 24 months.Tennessee : No fees for two years.If consumers purchase cards that do not clearly disclose the fees or expiration date, Madigan encourages consumers to file a complaint with the Consumer Protection Division of the Attorney Generals office.No fees except for purchasing the card itself.When cards are redeemed and the remaining balance is less than 1, the balance shall be provided in the fragrance shop vouchers 2015 cash.Ulta said they too have no value.Many people are finding old gift certificates while cleaning up or finally getting to that junk drawer.
Permits a 1 per month fee only when the card has a balance of 5 or less, the card has been unused for 24 months, the card is reloadable and the fee is properly disclosed.
Washington : No expiration date with an exception.
Madigan helped draft and pass a law with these requirements in 2004.
Any fees after two years must be printed clearly on front or back of card in at least ten point font.Gift cards now don't expire unless the company is no longer in business.Does not cover prepaid telephone cards, promotional or rewards cards, cards linked to bank accounts, or cards usable with multiple unaffiliated merchants.Any card with cash value of 5 or less may be redeemed for cash.If you have a gift card with a network logo such as Visa or MasterCard, your gift card is protected by the card Act.(e) This Section does not apply to any of the following gift certificates: (i) Gift certificates that are distributed by the issuer to a consumer pursuant to an awards, loyalty, or promotional program without any money or thing of value being given in direct exchange. Dormancy fees cannot exceed 2/month.