I'm getting more from casinos than I can use. Do they have an expiration date or a time when they start taking out fees? There is nothing about either one of these on the back of the card.
________________
Jean $¢ott
http://queenofcomps.com/
New blog taking the place of
Frugal Fridays. Go to
http://lasvegasadvisor.com/
and click on "Frugal Vegas."
[Non-text portions of this message have been removed]
One of my Macy's card states: "This card expires 2 years from date of
last value added." That one was from Caesars. The other one is only a
$100 one I purchased with Holiday Gift Shoppe points from MGM/Mirage
and it doesn't have that line.
My Nordstrom and Sak's gift cards also don't say they expire.
I'm getting more from casinos than I can use. Do they have an
expiration date or a time when they start taking out fees? There is
nothing about either one of these on the back of the card.
--- In vpFREE@yahoogroups.com, "Jean Scott" <queenofcomps@...> wrote:
________________
Jean $¢ott
http://queenofcomps.com/New blog taking the place of
Frugal Fridays. Go to
http://lasvegasadvisor.com/
and click on "Frugal Vegas."[Non-text portions of this message have been removed]
Jean Scott wrote:
> I'm getting more from casinos than I can use. Do they have an
> expiration date or a time when they start taking out fees? There is
> nothing about either one of these on the back of the card.
justmarelv wrote:
One of my Macy's card states: "This card expires 2 years from date of
last value added." That one was from Caesars. The other one is only a
$100 one I purchased with Holiday Gift Shoppe points from MGM/Mirage
and it doesn't have that line.My Nordstrom and Sak's gift cards also don't say they expire.
I'll echo justmare's experience. But to be safe, I found the terms
can all be confirmed over the phone with customer service.
We also found Macy's to be the more restrictive, yet still flexible.
When we put our hands on over $1000 of sock drawered Macy's cards
(since coupon sale prices don't apply, they were set aside for an
attractive non-discount purchase), Macy's was cooperative in extending
the valid date over the phone without hassle.
- Harry
I'm getting more from casinos than I can use. Do they have an
expiration date or a time when they start taking out fees? There is
nothing about either one of these on the back of the card.
Here's something I did: If you want to give as gifts - go to service
desk at Macy's and purchase smaller gift card amounts, using your gift
card. Then the balance of your card goes down, while brightening up
someone elses day! Good for birthdays, thankyou, mother's day etc.
--- In vpFREE@yahoogroups.com, "Jean Scott" <queenofcomps@...> wrote:
They certainly do expire, contrary to the "they have no expiration" you are told when receiving the card at Caesars or Harrahs. It is roughly 24 months from when you got it.
Call 800-511-2752 to get your details.
Or simply stop into any Macys and have an associate scan the card as if it were an item you were trying to price.
--- In vpFREE@yahoogroups.com, "Jean Scott" <queenofcomps@...> wrote:
I'm getting more from casinos than I can use. Do they have an expiration date or a time when they start taking out fees? There is nothing about either one of these on the back of the card.
________________
Jean $¢ott
<<They certainly do expire, contrary to the "they have no expiration" you
are told when receiving the card at Caesars or Harrahs. It is roughly 24
months from when you got it. >
By law, gift cards purchased in Nevada cannot expire.
Cogno
I have no knowledge as to where the gift cards were purchased.
--- In vpFREE@yahoogroups.com, "Cogno Scienti" <cognoscienti@...> wrote:
By law, gift cards purchased in Nevada cannot expire.
Cogno
I am no expert on this but I think the other issue to be aware of is that even though there may be no expiration date; they can service charge the account/card if there is no activity after a certain period of time -- 12-24 months depending upon the card.
http://www.msnmobilefix.com/Default.aspx
[Non-text portions of this message have been removed]
I am no expert on this but I think the other issue to be aware of is
that even though there may be no expiration date; they can service
charge the account/card if there is no activity after a certain period
of time -- 12-24 months depending upon the card.
http://www.msnmobilefix.com/Default.aspx
[Non-text portions of this message have been removed]
All terms have to be disclosed on the card. If it doesn't say there is
an expiration date or service charge then the card is good indefinitely.
I have used Macy's cards from several years ago. I have never
encountered an expired card or a service charge.
--- In vpFREE@yahoogroups.com, kelso 1600 <kelso1600@...> wrote:
It is a lot worse than that in Nevada. After a period of non use the state of Nevada claims the balance on the card and I believe the issuing store gets to keep 15% of the balance. The Nevada legislature in the quest for more money looks upon it as abandoned money. I think the period of non use is only 12 months.
I am no expert on this but I think the other issue to be aware of is
that even though there may be no expiration date; they can service
charge the account/card if there is no activity after a certain period
of time -- 12-24 months depending upon the card.
http://www.msnmobilefix.com/Default.aspx
[Non-text portions of this message have been removed]
All terms have to be disclosed on the card. If it doesn't say there is
an expiration date or service charge then the card is good indefinitely.
I have used Macy's cards from several years ago. I have never
encountered an expired card or a service charge.
VpKing77 <vpking77@yahoo.com> wrote: --- In vpFREE@yahoogroups.com, kelso 1600 <kelso1600@...> wrote:
---------------------------------
Be a better friend, newshound, and know-it-all with Yahoo! Mobile. Try it now.
[Non-text portions of this message have been removed]
--- In vpFREE@yahoogroups.com, RachelofSeattle <rachelofseattle@...>
wrote:
It is a lot worse than that in Nevada. After a period of non use the
state of Nevada claims the balance on the card and I believe the
issuing store gets to keep 15% of the balance. The Nevada legislature
in the quest for more money looks upon it as abandoned money. I think
the period of non use is only 12 months.
Each of my Macys receipts shows the remaining card balance and an
expiration date of 7/31/09. So, I simply mark that date periodically in
my organizer to remind me that the money is there. I am sure that even
those with a high card value of $5000 would still be able to spend that
fairly easily considering the furniture, apparel and jewelry available
in most Macys. On prior Neiman-Marcus shopping sprees at Paris guests
had to spend $4000 in one day by the close of business. Nobody seemed
to have a problem. And the Neiman employees on commission had a field
day.
RachelofSeattle wrote:
It is a lot worse than that in Nevada. After a period of non use the
state of Nevada claims the balance on the card and I believe the
issuing store gets to keep 15% of the balance. The Nevada legislature
in the quest for more money looks upon it as abandoned money. I think
the period of non use is only 12 months.
Here's what I found:
Re expiration ...
-----------------
http://www.consumersunion.org/pub/core_financial_services/003889.html
Nevada:
* Expiration or fees allowed only if properly disclosed.
* No fees within first year and no fees that exceed $1 per month.
* Covers only single retailers.
* Does not cover prepaid telecommunications or technology cards.
Re escheat to the state ...
---------------------------
http://www.usegiftcertificates.org/associations/3747/files/ESCHEAT%20LAW%20SURVEY%20091503.pdf
short link: http://tinyurl.com/2f85bz
(note: this is a PDF)
Nevada: Generally, Nev. Rev. Stat. Ann. § 120A.010 et seq. Three years
for gift certificates. Nev. Rev. Stat. §§ 120A.095(2) and 120A.230. A
gift certificate that expires before it is used escheats to the state.
Nev. Rev. Stat. § 120A.150.
---------------------------------------------------------------------
For a gift card without an expiration date, the three year period is
considered to be a period of inactivity ... not based upon when the
card was issued.
Concerning escheatment: Typically, states provide for recovery of
abandoned property by the legitimate owner. Some states maintain
active databases that can be checked by consumers to see if they may
have lost property through escheatment.
In Nevada, there is no time restriction on when escheated property may
be claimed. See: https://nevadatreasurer.gov/index.html
Click on "Unclaimed Property", then "Frequently Asked Questions".
However, with the escheatment of property received as a gift, the
entire process becomes problematic. Since the recipient isn't listed
as the purchaser, recovery could be difficult. Furthermore, there
could be some question as to whether retailers maintain sufficient
records to trace the purchase of a gift card that's scheduled to be
escheated.
- Harry