Here your credit card company is equally liable if the goods youve ordered dont arrive or lightinthebox korting arent as described.
All the money that was meant for you to buy a present of your choosing remains with the retailer for precisely nothing in return.Yet the exact amount varies depending on the card issuer.Remember that if a company does go out of business, gift cardholders get sent to the back of the queue as unsecured creditors.However, these fees again vary depending on the card issuer.For use in shop and online.However, I dont think companies should impose them.If youve bought a gift card or cards costing less than 100 or youve paid with a debit card, you may be able to get the card company to do a chargeback, which means that they effectively reverse the transaction.Most gift vouchers and electronic gift cards have expiration dates, and it has been reported that retailers make as much as 300 million every year from expired gift vouchers.Vouchers expire 12 months from date of issue, and any remaining balance will be forfeited.In stores, mail order and online.
Although some gift cards expire after two years of inactivity, it is fairly straightforward to keep them alive by simply making a balance enquiry.
In general terms, its likely that your gift card will be worthless if the retailer you can use the card in has gone bust.
Debenhams gift cards expire 24 months after the last use or checking the balance.
They are also able to issue a new card with any remaining balance transferred across.
A Post Office spokeswoman said this is to allow the company to close out the account over time and stop paying costs associated with keeping the product live for years.
After 18 months, followed by a 90p-a-month charge on anything left.
Savvy TIP: With chargeback, theres no lower limit on how much you have to spend to qualify but there are time limits which vary according to whether its a Visa or Mastercard scheme.Scroll down for video, according to a survey by GoCompare, as many as one in six people has lost money due to expired gift cards.Pre-paid cards issued by the Post Office for use in 98 stores including Debenhams and Waterstones.Card is valid for 12 months from day it was bought after that it will expire and we cant extend cards or issue refunds.Read about gift cards and gift vouchers your rights.There may be others with a similar pricing policy.NOW 209.95, saving 65, gET THE deal here, john Lewis Christmas adverts throughout the years.You have certain rights, but you may have less protection than you expect.Only theres a catch.Savvy TIP: House of Fraser says that lost or stolen gift cards cant be replaced.John Lewis gifts: Best Christmas 2017 gift ideas for her, him and kids.