Why Visa Gift Cards Lose Value: Understand Inactivity Fees

Discover why Visa gift cards may lose their value over time due to inactivity fees and more. Learn how to avoid these charges.

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Visa gift cards can seem to lose money primarily due to monthly inactivity fees or maintenance fees that kick in after a period of non-use, typically 12 months. To avoid these fees, it's best to use the gift card promptly. Additionally, some cards may charge a fee for checking the balance or making transactions, which can also reduce the card's value over time.

FAQs & Answers

  1. What are inactivity fees on Visa gift cards? Inactivity fees are charges that can be applied to Visa gift cards after a certain period of non-use, usually 12 months.
  2. How can I avoid fees on my Visa gift card? To avoid fees, use your Visa gift card promptly and check if the issuer charges for balance inquiries or transactions.
  3. Do all Visa gift cards have fees? Not all Visa gift cards have fees, but many may have inactivity or maintenance fees, so it's important to review the terms when purchasing.

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