- In California, customers have the right to a cash refund on gift cards and gift certificates, as long as the remaining balance is less than $10.
- But an undercover Call Kurtis producer found it’s not always easy to get cash back, even after mentioning the law.
Despite, Can I buy something with a gift card and return it for cash?
Most companies don’t issue refunds in cash for items bought with gift cards. Generally, companies grant refunds only to the original form of payment to avoid return fraud, which means that they will either: Deposit a refund to your gift card.
Following this, What to do if you have a gift card and the store closes?
If your card is for a small or locally-owned business, petition your state’s attorney general. The Attorney General’s Office may be able to force the business to honor gift cards. For larger corporations, you can file a claim in court for the amount your gift card is worth.
What states require gift card refund? Which states require retailers to return a gift card’s remaining cash value to the cardholder?
…
| State | Maximum Amount |
|---|---|
| California (Cal. Civ. Code § 1749.5) | $9.99 |
| Colorado (Colo. Rev. Stat. § 6-1-722(b)(2)) | 5.00 |
| Maine (Me. Rev. Stat. Ann. tit. 33, § 1953(G)(5)) | 4.99 |
| Massachusetts (Mass. Gen. Laws Ann. ch. 200A, § 5D) | 4.99 |
Still, What happens if you have a gift card and the store closes? If you have a store gift card or a credit at a retailer, there’s a good chance you will lose the money if the shop shuts down. Gift certificates, cards or store credit issued by sellers that declare bankruptcy may have no value, said the Division of Consumer Affairs.
Where can I convert my gift card to cash?
Go to a Gift Card Exchange kiosk to trade your card for cash. A Gift Card Exchange kiosk is usually bright yellow and located in a grocery store. Insert the card information into the kiosk and then choose to accept or reject the offer the kiosk gives you.
How do I transfer a gift card balance to my bank account?
Can you transfer Visa gift card to bank account? Best ways to try
- Link the gift card to PayPal.
- Pay bills using your Visa gift card.
- Trade for cash using a gift exchange kiosk.
- Sell your gift card. Sell to Raise. …
- Link your bank account to Square.
- Add the gift card to Venmo.
- Buy a money order.
- Transfer via MoneyGram.
Can gift cards be redeemed for cash?
Can the holder of a gift certificate or gift card redeem it for cash? A. This depends on the policy of the seller. The gift certificate law states that a seller must either redeem a gift certificate or gift card sold after January 1, 1997, for its cash value, or replace it with a new certificate or card at no cost.
Can you buy something with a gift card and return it for cash?
Most companies don’t issue refunds in cash for items bought with gift cards. Generally, companies grant refunds only to the original form of payment to avoid return fraud, which means that they will either: Deposit a refund to your gift card.
How can I sell my gift cards for cash?
Still, here are eight websites and apps to sell unused gift cards online:
- CardCash.
- GiftCash.
- Raise.
- ClipKard.
- Gameflip.
- QuickcashMI.
- GiftCardBin.
- CardSell.
How can I get my money back from a closed business?
Contact Your State or Local Consumer Protection Agency: If you can’t reach anyone from the business to get a refund, contact a government agency that offers consumer protection services in your state. This will alert the agency to the problem (you are probably not alone) and it may be able to get your money back.
Is there an expiry date on gift cards?
Things to know. With limited exceptions, gift cards cannot have an expiration date, and consumers cannot be charged usage, dormancy or other fees.
