Knowledge Base

Gift Cards Expiration/Regualtion

Federal law prohibits gift cards and gift certificates from containing expiration dates that are less than five years after the date on which the card or certificate was issued, or the date that funds were last loaded onto the gift card (whichever is later). Federal law allows a dormancy, inactivity, or service fee to be charged if:

There has been no activity on the card in the last 12 months;
The applicability of any such fee is clearly disclosed on the gift card; and
Not more than one such fee is charged each month.
One important exception to the federal laws is that they do not apply to gift cards or gift certificates issued in paper form only. Contact Federal Trade Commission (877) 382-4357
Updated 5/28/2021 4:06 PM
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