With inflation at 2.7%, as prices go up, gift cards lose their value. Additionally, gift card recipients run the risk of a company going out of business, or of the person losing the card.

Melanie McGovern with the BBB said gift card recipients should be aware of the many scams around gift cards, especially during and after the holiday season. “This is the time of year where gift cards ...

That makes some people hesitate to hand over a gift card. "Recipients probably appreciate gift cards more than givers realize, or maybe more than gift givers are ready to accept and act upon," she ...

Melanie McGovern with the BBB said gift card recipients should be aware of the many scams around gift cards, especially during and after the holiday season. “This is the time of year where gift ...