Most consumers purchase gift cards for retail stores, about 57%, while 52% buy restaurant gift cards, the Capitol One report said. In 2023, 32% of consumers purchased online gaming gift cards.

Timm Walsh, past board chair emeritus of the Retail Gift Card Association, says that more often than not, gift givers won’t let you down. But if they do, consumers have a few options when they ...

Gov. Ron DeSantis has signed SB 1198, which would define gift card fraud in Florida Statutes and establish it as a ...

Gift card fraud—which is the manipulation or theft of funds from gift cards before their use—has surged in recent years, with the issue reaching an all-time high last year.

You Can Redeem Gift-Card Balances for Cash in These 11 States. READER'S DIGEST, GETTY IMAGES (3) By Natasha Burton. Updated on Dec. 04, 2024. Find out if your state is among the lucky ones!