There are valid thru dates on the card, however, for merchant processing purposes. American Express’ fine print explicitly states that funds on a gift card never expire, which extends its validity period past any state or federal regulations. These gift cards are accepted at retailers that accept regular American Express credit cards-that’s not every retailer or service provider, though, so be sure to check before providing it as payment. Amex gift cards can be used anywhere Amex is accepted.Read more: The Best American Express Cards This can be a great way to use your rewards points around the holidays if you’ve racked them up throughout the year. If you’re an American Express cardholder, you can purchase an American Express gift card with your membership points. However, there are a few things in the fine print to keep in mind before gifting or using one of these cards. They’re also available for purchase directly through the American Express gift card website, which adds a major convenience factor to purchasers. Things to Know Before Buying an AMEX Gift CardĪmerican Express gift cards come from a household brand name, don’t tie the recipient to one retailer and can be used for online purchases. For more about the rules in your state, the National Conference of State Legislatures provides this handy state by state listing here. Several states, for example, require an expiration date on the back of the card for it to be valid. States can regulate other aspects, such as when a credit card is considered abandoned (meaning, it can be grabbed by the state) and when a card can be redeemed for cash. The federal law, however, is just a floor for rules. For example, such charges can be levied if there’s no activity in 12 months. In addition, that law also limits when inactivity fees can be charged. Under the federal Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009, gift cards must be good for at least five years from the time they are activated. But actually, gift cards have quite the life span. If you’ve ever found a gift card in the back of a junk drawer, you might assume it’s long expired and toss it in the trash. ![]() The Forbes Guide To Gift Cards will help you navigate the gift card landscape-and protect yourself from fraud.
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