Can you believe it’s December already? The holiday season is upon us and stores are beginning to look cheerful and festive. I always feel a bit overwhelmed going to crowded shopping malls and battling the parking lot warzone. If you are a last minute shopper like me, prepaid purchase cards (aka gift cards) can be a lifesaver for those difficult to buy for people. In fact, a survey done by Maritz Research Canada says that more and more Canadians say they are choosing to purchase gift cards (49% in 2010 over 45% in 2009). They also make great stocking stuffers. How could you go wrong?
Expiry dates – are they allowed?
Keep in mind, gift cards sometimes have restrictions or fees. You will want to make sure the person you are giving the card to is made aware of any terms and conditions that apply. By law, gift cards for a dollar value are not allowed to have expiry dates. However, gift cards bought for a specific good or service are allowed to have expiry dates.
Here’s an example:
- $50 gift card for your mom spend at the spa: expiry date not allowed
- Gift card to the same spa for a manicure: expiry date allowed
For more tips and information about gift cards in BC, visit the consumer help page on our website.
Hope this has been helpful and happy shopping!