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Local News

Gift Card Warning


 

A warning today from the State Treasurer.  Even with new federal regulations, you can still get burned on gift cards. “We’re advising folks to read the fine print, because there are some of these cards that do expire.” Treasury Office spokesman James Sinks says gift cards are popular for a reason; they allow you to get the stuff you really want, but make sure you use it!! “ Every year, billions of dollars of gift cards go unspent. SO the first thing the Treasurer is doing is reminding people, hey, if you’ve got there cards, spend them. It’s money and if you sit on them for too long, there are certain kinds of cards, even with Oregon and national laws now, that still allow for inactivity fees and for the cards to expire.” He says you also want to make sure the packaging isn't tampered with because that could mean someone has stolen the pin number and then all the money off the card.


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