What are the different types of gift card fees?
Gift cards can be a great idea for a person who has everything, but often comes with hidden gift card fees that many people don't know about. These cards are usually issued by a retail store, bank or credit card. When the buyer buys a gift card, he should look for fees for activation, transport fees and manipulation and user fees.
Activation fee is usually a small amount of money that is charged along with the cash value of the card. This fee allows the use of the card. Sometimes the buyer will have to pay additional gift card fees such as transport and manipulation or service fee. In addition, the transport fee and handling are money that the buyer must pay to be sent to her house from the company.
The service fee is similar to the activation fee. It is another fee that is added by a gift card to activate the card. Some companies charge servicingThe fee for activating the gift card by phone or on the Internet.
As soon as the buyer gives the gift card to the person who will use it, it can also have gift card fees. A card user can find that the value of the card must be spent in 30 days or a monthly maintenance fee may be charged for non -use value at a specified time. If the user needs to check the balance, there is often a phone number on the back of the card. Some companies will charge for a gift card for an interview with a customer service agent regarding the card balance.
If a gift card is ever lost, a hidden charge fee can be a new substitute card. There are also gift card fees if the card expires before using the full value. The company can re -activate or send a new card but charges a fee for it. Bank gift cards often allowCard card holders use the card to use the card on the automated Teller Machine (ATM), but charge a hidden fee for this service.
It may be difficult to avoid gift card fees. The best way to avoid these hidden fees is to carefully read small prints and ask the seller's questions about additional fees. Retail stores have less likely to be added to their gift cards.