Gift Card Inactivity Fee
Posted By:
WDCA
Gift Card Inactivity Fee -
05/14/19
08:43 PM
I was informed by a vendor that inactivity fees on gift cards are prohibited in NY. Can someone help me locate the citation? Thanks
Posted By:
rlcarey
Re: Gift Card Inactivity Fee -
05/14/19
08:47 PM
Not for 25 months if it falls under this law:
https://codes.findlaw.com/ny/general-business-law/gbs-sect-396-i.html
Posted By:
WDCA
Re: Gift Card Inactivity Fee -
05/14/19
09:03 PM
Thank you for the quick response