As a follow-up to my recent post Be Groupon Shopping Savvy (which talked about companies going bankrupt after a half-off deal), I thought I would point out a law that some people don’t realize California has. Gift certificates/cards cannot have an expiration date.
(CA Department of Consumer Affairs FAQ on Gift Certificates). For other State and the Federal rules, check here.
(CA Department of Consumer Affairs FAQ on Gift Certificates). For other State and the Federal rules, check here.
Basically, if you paid cash for a GC, then it is not allowed to have an expiration. This does not apply to a GC that you received as a promotional offer from the business. If they awarded you a card as a prize or you got it from them free somehow, it can have an expiration date.
