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It's one of those things that consumer protection laws should fix. By law, most gift cards cannot expire in my province in Canada. > Gift cards purchased in Al
by smnrchrds 3y ago
It's one of those things that consumer protection laws should fix. By law, most gift cards cannot expire in my province in Canada.
> Gift cards purchased in Alberta are not subject to expiry dates and fees that lower their value over time. This includes cards purchased in Alberta on the internet.
https://www.alberta.ca/information-about-gift-cards.aspx https://www.alberta.ca/information-about-gift-cards.aspx
- papercrane 3y agoStarbucks gift cards don't expire. It's standard account practice to recognize a percentage of your unused gift card balance as revenue as no company ever sees 100% redemption rates of gift cards. They call this "breakage".
- tesseract 3y agoI think that's also true in most of the US for first-party gift cards like Starbucks. The typical offenders for expiration dates and/or fees are bank-issued gift cards that run via a credit card network. Does the Alberta regulation cover those?
- smnrchrds 3y agoNo. Those are unfortunately exempt.