Visa gift cards make a great gift. You can use them anywhere that accepts Visa including restaurants, gas stations, department stores and more. However, it’s important to realize there is a fee associated with purchasing a Visa gift card.
Yes; the fee is based on the gift card’s value.
While standard fees are listed above, you will pay more for store specific Visa gift cards. For example, a Target Visa $50 gift card has a $5 activation fee. While a $50 Walmart Visa gift card has a $3.88 activation fee.
Visa gift cards can be purchased in many denominations at convenience stores, gas stations, grocery stores or drug stores. They can also be purchased online or in select banks. Looking for a gift card without a fee? Take your pick with a selection of popular brands through Gift Card Granny; choose between restaurants, groceries, gas and more.
While the funds on the gift card won’t expire, it’s important to know that the plastic card will. If this occurs, the gift card owner will need to ask for a replacement gift card. The remaining balance of the expired gift card will then be transferred to the new gift card. Be mindful that there usually is an additional fee for inactivity; this is subtracted from the balance of the card. A fee will occur if the card isn’t used a year after activating. Remember to make a purchase within the year of your last purchase since there is a non-use fee as well.