CHARLESTON, SC (WCSC) - Did you cash in on gift cards this Christmas? Pay attention to the fine print: some of them come with strings attached, experts say.
Bankrate.com says American Express, Discover and Mastercard gift cards expire a year after being issued. Also, most major store gift cards begin charging a monthly fee against the balance one year after the purchase.
Terms and conditions of the cards should be printed on the card just like a receipt, experts say. That's where you'll find any expiration dates as well.
One last tip: register your cards as soon as possible: that allows you to check the balance and, in some cases, get a replacement if yours is lost or stolen.