Only a DUmbshit would complain about getting something for free.
Sorry Chris I disagree with you.
If I spend $50.00 to give a gift, I expect the receiver to get the full $50.00. If they re-gift the item be it a card the intent was for the $50.00 to go to someone, not the bank.
I have gift cards 2 years old that I have forgotten and hide in the back of my wallet, some one has paid good money to give them to me, no strings attached. There are no expiration's dates on the cards themselves and the receiver may not need to cash it in for 18-24 months, or re gift it to others.
Gee MOM your card for $200 is worth $75.00 now and you have to eat the loss as we did because we did not redeem it within one week.
Fact is when I PAID for the card in any amount and it is up to the receiver to go at will, when they wish to redeem it.
Seems to me it is not the receiver of the card to complain but the original buyer of said card that needs to complain. I buy gift cards for family, no place on the card does it say the card is valid for any amount of time.
This is a SCAM anyway one looks at it. The price on a card should get you the full price of the card. So the cost of living goes up in 2 years, the card will not get you what it was worth 2 years ago, but, this is much like the dollar bill that is shrinking in buyer power every day.
The other day hubby found a $25.00 gift card to walmart, 4 years old. Sure he could not buy items from the store at that price, but he hit a sale and at no time did the cashiered tell him the card was now worth $12.00. Sure it was by cost of living but when presented was he told his card was worth only $12.00.????
Same as giving cash, the receiver puts it in the bank for a 2% interest and cost of living goes up 3%. May as well spend the money now then try to save it, more bang for your buck.
Scams everywhere and I have to admit the banks are the first to hit on us. No where are we encouraged to save money in a bank, at the rate of interest we get we are encouraged to buy big ticket items as in 3 months the price of them will will be up 20%.
A bit upset, here some stranger called me one day from our bank to tell us we would now get free checking as our savings and checking had grown in the past year. So I asked this caller who had no idea if she was speaking to me or a baby sitter the balance in both accounts and she GAVE it to me. I was amazed that our financial information was being given over the phone to anyone that answered the phone without asking for a password.
Scams a plenty, not all by the banks themselves but employees that work there for 3 months and move on.
Yes I get upset when Mom puts out her money to give me a gift that I may not need at that time, and find out Mom has been scammed out of a few $100 bucks because I did not run right down and redeem the gift card.
It is NOT the receivers of a gift that are being scammed, it is the givers that put down cold hard cash for a Card and find out then in less then 6 months the gift if not redeemed is worth less then half price.
