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It also can't be cash or cash-equivalent, such as a gift card. https://about.usps.com/postal-bulletin/2012/pb22349/html/cover_025.htm https://about.usps.com/pos

• bts89 3y ago
  > cash and cash equivalents, such as checks or gift cards that can be exchanged for cash, must never be accepted The way it’s worded sounds like it can be a gift card, just not one that could be exchanged directly for cash.
  • harrisi 3y ago
    The IRS generally considers gift cards as cash equivalent. I'm not a {tax,law,finance,*} professional, but I believe the USPS agrees. I do agree that the text you quoted is a bit ambiguous by itself. "De minimis fringe benefit" is a relevant thing to look up for the curious. (PDF) https://www.irs.gov/pub/irs-tege/p_4090_fed_0305_text.pdf https://www.irs.gov/pub/irs-tege/p_4090_fed_0305_text.pdf