Advice Know Your Rights: Gift Cards & Gift Certificate Statutes & Legislation By State


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In 2009, Congress passed the Credit Card Accountability Responsibility and Disclosure (CARD) Act, which set consumer protections for gift cards based on many state laws. The law provides that gift cards cannot expire within five years from the date they were activated and generally limits inactivity fee on gift cards except in certain circumstances, such as if there has been no transaction for at least 12 months. The federal law creates a floor for regulation and leaves room for state regulation on redeeming gift cards for cash and unclaimed property provisions.

CLICK HERE to visit the Gift Card/Certificate page of the National Conference of State Legislatures' website, where you can find the Federal Statutes and State Statutes.