Take a minute to check out what "tangledeutopia" means!

Wednesday, November 18, 2009

I'm So Freakin' Cool To Pass This On To You....

Tangled loves her some Lifehacker! 
And Tanlged is soooo in Holiday Mode!  
I'm constantly thinking about gifts and love around this time of year, so when I came across this article by Kevin, I knew I wanted to pass it on! 

Enjoy! And send me one of those gift cards...

Hone Up on Gift Card Tricks and Traps for the Holidays
The default gift for the picky, the not-well-known, and the indecisive, gift cards are available for just about every store. Consumer Reports reminds holiday shoppers of many traps, but also some new protections, available to gift card buyers and spenders.
Photo by robinsonsmay.
Seemingly simple gift cards often have a lot of rules and stipulations attached, some of which reduce the value of the card and restrict when and on what the balance can be used. Consumer Reports' Shopping & Money blog points out two catches worth noting this year:
  • When buying a gift card from an individual merchant, be sure to ask if the card is valid for online use. While it's not an issue for most retailers, some companies such as CVS, T.J. Maxx, and Marshall's do not allow their gift cards to be used online, Bankrate says.
  • The federal Credit CARD Act pertaining to gift cards takes effect on Feb. 22, and the regulations require that the cards remain valid for at least 5 years, unless that information is clearly disclosed on the card. Dormancy, or inactivity, fees will still be allowed after 12 consecutive months of inactivity.
The post also reminds gift card holders to never give up—some stores will take an "expired" card as a gesture of good will toward shoppers.
What gift cards will you absolutely avoid at all costs this year? Which cards aren't all that painful to give or receive? Gather 'round the hearth in the comments.

Send an email to Kevin Purdy, the author of this post, at kevin@lifehacker.com.


adrienzgirl said...

Great info! Thanks for passing along!!

Conquer The Monkey said...


Chief said...

Thanks for the tip

Unknown Mami said...

I love gift card. For the most part, I'm happy to get them for just about any store.

The Blue Zoo said...

Good to know! Thanks!

Georgina said...

I like redeeming airmiles and loyalty points for various gift cards that I can then give away or use myself. I don't think I'll ever be able to save enough points for a flight, so I love trading the points for gift card. It's almost like cash, as long as you read the fine print. - G

TangledEutopia said...

Ummm, does it say something about my writing ability, that I get more comments on crap I cut/paste (steal) from someone else rather than the original crap it takes me an hour to write???