Local Politics

Bill Would Bar Balance-Sapping Fees on Gift Cards

Posted March 29, 2007

— State lawmakers are targeting fees that can accrue to gift cards that are bought and go unused for a while.

A new bill in the General Assembly would prohibit companies from tacking on so-called maintenance fees.

Some stores and others automatically deduct the fee from the balance if the card isn't used within a certain amount of time, eventually running the balance down to zero.

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  • Heelzrule Mar 30, 2007

    yes - finally, some good sense! the stores don't give a discount when we buy the gift cards - so the cards should retain full purchase value! thank you!!!!