Holiday shoppers may want to read the small print with their gift card this season.
Although expiry dates were banned from the provincially regulated mall gift cards in 2008, many of the pre-paid federally regulated cards still have additional fees.
Ken Whitehurst of the Consumers Council of Canada says that those issuing the cards have made it difficult for consumers to determine who is regulating the card.
Federally regulated pre-paid cards and phone cards are often subject to activation and administrative costs that chip away at the value over time.
Whitehurt says that buyers should look for the disclosure on the packaging, ask questions and avoid those cards with unclear policies.