THE GIFT CARD THAT KEEPS ON GIVING (FOR THREE YEARS)

Tuesday, 3 April

THE GIFT CARD THAT KEEPS ON GIVING (FOR THREE YEARS)

THE region’s shoppers will now be able to enjoy extended expiry dates on gift cards thanks to nation-leading reforms introduced by the NSW Government, Northern Tablelands MP Adam Marshall announced today.

Mr Marshall said that from last weekend, all gift cards sold in NSW must have a minimum three-year expiry date.

He said the move would put approximately $60 million a year back in the hands of NSW shoppers.

“Previously, the majority of gift cards offered only a 12-month expiry date, but now consumers will have three years to cash in – and that’s a big win,” Mr Marshall said.

“This is a big win for consumers in our region many of whom would have experienced the disappointment of going to use a gift card only to find it had expired.

“Given that gift cards may be for shops not in our region, people often had to wait a long time to make use of the cards. Now they’ll have three years, instead of just 12 months to cash in their gift cards.

“I know how frustrating it is to try to make a purchase with a gift card only to find it’s expired

“This reform puts consumers first and is great news for everyone who enjoys giving gifts cards, or is lucky enough to receive them.”

For more information about the reforms, visit www.fairtrading.nsw.gov.au

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