When a retailer files for bankruptcy protection, that typically means that it will stop accepting gift cards, which is very bad news if you happen to hold one. If customers of The Limited didn’t spend their gift cards before the chain shut down its retail stores and its website, they lose the value of their cards. [More]
An elderly Illinois couple still has $2,500 in the bank thanks to an alert Walmart employee who thought something was amiss when the shoppers tried to transfer the funds to prepaid gift cards. [More]
Gift cards are a popular present for all occasions, and are extra popular during the holiday season. However, one really terrible gift is a gift card that has been drained of its value. Here’s how to prevent that from happening so your gift recipient can buy the perfect present that they actually wanted. [More]
The bankruptcy of RadioShack at the beginning of 2015 probably seems like a distant event to you now, but the business entity that used to be the massive electronics chain is still wrapping up its affairs. One of those last pieces of business is the end of gift card redemptions. The Shack’s estate will stop accepting requests on Friday, Dec. 2, 2016. [More]
Back in February, Ann chose to keep her business with Time Warner Cable when the company dangled a free $300 prepaid gift card in her face. Fast forward to November and she’s still waiting for the card, like hundreds of other customers who stuck with the company or switched to the pay-TV provider. So what’s the deal? [More]
When you owe money to the Internal Revenue Service, they don’t call you up. Instead, they send letters through the mail. Yet people send thousands of dollars every day to scammers in faraway call centers who claim to represent the federal government. If you don’t know that the call is a scam, it can be super scary to be threatened with seven years in prison over the phone. [More]
In a move that its rivals haven’t tried yet, Lyft says it will start selling gift cards in a new partnership with Starbucks. [More]
Consider yourself warned: Scammers are taking advantage of the recent news that Amazon is selling access to Comcast services, faking calls from the cable company to steal money from unwitting victims.
If you exhaust all the money on a prepaid debit card and have no intention of refilling it, your tendency is probably to simply discard the piece of plastic and move on with your life. But you may want to hold on to that card for a while, lest you have to jump through hoops if you return the purchase. [More]
Dangling a free prepaid gift card in front of folks’ faces is a time-honored method of getting people to switch services. But a number of cable customers who switched to Time Warner Cable because of the promise of a $300 gift card say the pay-TV provider has yet to make good on the promotion.
Back in November, Amazon did something unexpected: the company opened a real-life bookstore in its hometown of Seattle. The company also has a Kindle and Fire showroom at its new package pickup point at UC Berkeley. Amazon clearly wants to move into real-life retail, in some ways, and they have an intriguing new product spotted on drugstore shelves in Washington state. [More]
Man Arrested For Selling Stolen Gift Cards Re-Arrested For Allegedly Using More Stolen Gift Cards To Pay Lawyer
When you’ve been arrested for allegedly selling stolen gift cards and it comes time to pay for an attorney, there might be one predictable route to go — but it’s not likely to work out so well. [More]
In the gift card resale market, some cards are more valuable than others. This makes sense: you can buy a wider variety of items at a big-box or grocery store than at a clothing or toy store. How much of a difference does the brand of a gift card make? To find out, our card-carrying colleagues at Consumer Reports checked multiple exchange sites to find out how much a selection of cards might be worth. [More]
Last week, we explained how thieves can easily convert stolen merchandise into cash through shoplifted goods and gift card marketplaces. This week, a months-long investigation in Florida with the delightful name “Operation Plastic Paradise” came to a conclusion, with 18 people involved in the scheme arrested, and more arrests expected soon. [More]