Gift cards and the Prepaid Rule

Answered by:

Question:

Does the new prepaid rule affect gift cards?

Answer:

No. Section 1005.20 of Regulation E, which covers gift cards and gift certificates, is not affected by the Prepaid Accounts rule. This program will carefully delineate the differences between prepaid accounts and gift cards.
Learn more about John Burnett’s webinar
Prepaid Accounts - New Rules