Secured credit cards, prepaid debit cards and Visa gift cards are all alternative methods of payment to a traditional unsecured credit card. But which one of these cards is the right match for you?
Understanding the key differences between secured credit cards, prepaid debit cards and gift cards can help you make the most informed decision when choosing alternative payment methods. Each card has its pros and cons, and many people are surprised to find out that using a particular card results in some type of fee posted to their account. [continue reading…]
Q: Do gift cards have an expiration date and can I extend the date if there is one?
A: If you have a gift card – perhaps something a card you received during the holidays or as a birthday gift – and you’re worried about it expiring, there’s no need to worry.
Thanks to the credit card reform legislation signed by President Obama, as of February 2010 gift cards now have new rules.
In the final days before Christmas, a lot of people will be buying gift cards for relatives, friends and co-workers.
In fact, Americans will plunk down $28 billion for gifts cards over the holidays, with the average shopper spending $155 on gift cards, according to the National Retail Federation.
Since gift cards are the single-most popular holiday gift, I asked my husband, Earl, what he thought I should write about gifts cards.
In classic Earl fashion, my funny and wonderful husband came up the following: