Are Expiration Dates Legal On Gift Certificates

Visa Gift Card
Visa Gift Card


There is a lot of misunderstandings about the legality of expiration dates at the moment on gift cards.  For many years, people have seen their gift cards expire, or acquire so many fees that they simply become worthless.  In 2009, Congress passed the Credit Card Act of 2009.  This Act put quite a few new rules on what banks and stores could do with gift certificates.

The New Rules

The new rules are as follows:

-Gift card must last a minimum of 5 years without expiring

-Gift cards may not be charged fees for at least one year.

-When additional funds are loaded onto a gift card (such as a Visa gift card), the 5 year period for not expiring is reset.

However, some states already have stronger laws than this on the books. For those states with stronger laws, those laws still apply. These rules are simply the minimum federal rules that all states must follow.  If you'd like to see the rules for your individual state, please check below.

More by this Author

  • A Simple Diagram of Photosynthesis

    If you're looking for photosynthesis diagrams, you've come to the right place. I did a google search for them one time, and the results I found were pitiful, with little variety, so I decided to write my own page on it...

  • Diagram of How to Butcher a Beef Cow

    Ever wanted to know how to butcher a beef cow? Well this here is your all-around guide. There are some basic pieces of info on the site here, and beyond that there are links to some of the best sites on the Internet...

  • Tips For Building Toothpick Bridges

    So, for one reason or another, you're here to learn how to build a toothpick bridge.  The process is pretty simple, but you must do it correctly!!  Many people will attempt to do it with no understanding of...


No comments yet.

    Sign in or sign up and post using a HubPages Network account.

    0 of 8192 characters used
    Post Comment

    No HTML is allowed in comments, but URLs will be hyperlinked. Comments are not for promoting your articles or other sites.

    Click to Rate This Article