4 Holiday Gift Card Scams and How To Avoid Them

According to a recent survey from the Blackhawk Network, 84% of respondents had planned on purchasing a gift card for the holidays. The data also found that 72% of American consumers were aware of gift card fraud as of this July.

The four different types of gift card fraud situations in the survey were:

• The gift card wasn’t fully usable because the balance was significantly less than what was indicated (31%).
• The gift card wasn’t usable because it had a zero balance, even though it hadn’t been redeemed yet (55%).
• The gift card was counterfeit or fake (18%).
• They couldn’t remember the issue (5%).

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RSK: I always use gift cards promptly and so should you.

Ken Notes: I do like the Food Fight deal for Christmas and a great choice of places...