Usage Limitations: Some gift cards can be used at any store location others can be used only at stores that are affiliated with the merchant from whom the card was purchased.Other fees on gift cards can include transaction fees charged for a high number of smaller transactions and fees for balance inquiries. Other gift cards may charge $10 to replace a lost or stolen gift card. For some cards, the value will not be replaced if lost or stolen.
![gift card shark gift card shark](https://res.cloudinary.com/teepublic/image/private/s--cioJnAdU--/c_fit,g_north_west,h_840,w_574/co_000000,e_outline:40/co_000000,e_outline:inner_fill:1/co_ffffff,e_outline:40/co_ffffff,e_outline:inner_fill:1/co_bbbbbb,e_outline:3:1000/c_mpad,g_center,h_1260,w_1260/b_rgb:eeeeee/c_limit,f_auto,h_630,q_90,w_630/v1576014648/production/designs/7138656_0.jpg)
When replacing a lost or stolen gift card, you will need to provide the tracking number and a copy of the original receipt, so record and keep the original receipt in a safe place.
![gift card shark gift card shark](https://i.etsystatic.com/28827086/r/il/8395d4/3199244905/il_fullxfull.3199244905_c3p7.jpg)
Other gift cards provide toll-free phone numbers to call to report a missing or stolen card.
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Gift cards sold in some states cannot expire sooner than seven years, some states require full consumer disclosure by any retailer selling a gift card that expires and in other states, unredeemed gift cards are considered abandoned assets after three years and are turned over to the states unclaimed property departments. About 18 states have passed laws banning or limiting expiration dates on gift cards, but even so, nationwide, the value of unredeemed gift cards totaled over $2 billion last year alone.
![gift card shark gift card shark](https://i.pinimg.com/originals/04/99/69/049969a5bb1d3c11e1dd6db786a99fc8.jpg)
Gift cards rank high on the list of preferred gifts to receive. Other top-ranking gift categories include: More than 55 percent of respondents said they'd like to receive something in one of those categories. That's if you go by the National Retail Federation Survey. With so many people to buy for, it's important to know what they really want.