Gift cards are a favorite something in my family for that someone who it is particularly hard to find a gift for. However, like anything else to do with banks in this country, the gift card has become a piggy bank for the bank – and a screw job for the consumer.
On the MSM it may sound like the ONLY THING the Obama Administration is doing is causing Armageddon by trying to bring this country in line with other first world countries by reforming Health Care…
But there is a lot of other stuff going on.
The Federal Reserve issued new rules on Tuesday to protect Americans from getting stung by unexpected fees or restrictions on gift cards. Read the rest of this entry »