This story about a drug ring selling fraudulent gift cards makes me thing that perhaps eBay and Craigslist aren’t the best places to buy gift cards online. Perhaps using one of the sites listed on our resources page would provide a potential for a refund of the card turned out to be bogus.
Archive for the ‘Scams’ Category
This story about a restaurant employee pocketing the cash and then giving customers zero value gift cards sure sounds bad for gift cards. But is it really? How can customers try to redeem $150,000 in invalid gift cards that should have been valid over 9 years and the management not notice that something was going on? […]
The scam played out with Wal-Mart gift cards is a well known one; thieves scan the cards on the rack, wait for them to be activated by checking the Wal-Mart website, and then with card writers, program gift cards with the same info and use them before the purchaser to buy stuff from Wal-Mart, which […]
I recently ran across an article in the Washington Post from February of 2006. The article talks about how difficult it is to use up small amounts left on Visa and MasterCard Gift Cards. A couple of quotes from the article caught my eye: “Visa spokeswoman Rhonda Bentz said the company was unaware of the […]
September 11, 2008 by Advocate · Leave a Comment
Filed under: Fees & Breakage, Legal & Regulatory, Scams
Filed under: Fees & Breakage, Legal & Regulatory, Scams
Speaking of terminology, an article in today’s Wall Street Journal talks about “prepaid debit” cards. As debt among college students has risen to record levels in the last several years, colleges have gotten criticized for allowing credit card companies to aggressively promote credit cards to students on campus. In response, many colleges have limited credit card […]
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