Stop the Rip-Off Gift Cards

Many of us give gift cards over the holidays & other special occassions. But do you read the fine print before you buy one? Consumer Reports tries to keep us all informed of the best and worst, but really, shouldn't all gift cards be the same? 

Make sure your gift cards are worth what you paid for them! 

Gift cards should be simple. If we put $50 on a card, we expect our loved ones to be able to use the card to buy $50 worth of stuff. Not $45 or $30...or if the store goes out of business, maybe nothing. And if we buy the card with rewards points, it should work the same as a card we buy with cash. 

This is the common-sense framework we would get if the Gift Card Consumer Protection Act passes this holiday season. Tell your Senators to co-sponsor this simple bill to protect the value of gift cards.