Can I still use my Borders gift card?

Earlier this week, a federal judge in Manhattan ruled that holders of Borders gift cards — some $210 million worth — are out of luck. The bookseller closed its last store in late 2011, and now its outstanding gift cards are finally, officially worthless.

Do gift cards expire after 10 years?

Federal Law Offers Protections Under the law, a gift card cannot expire until at least five years from the date it was activated. The law also places general limitations on fees.

Do old gift cards expire?

A. Under federal law, a gift card cannot expire in less than five years after the date of purchase. But if it’s not used within 12 months, fees for inactivity, dormancy or service can be charged to the card each month, diminishing its value.

Can a gift card expire in 5 years?

Thanks to the federal Credit CARD Act of 2009, gift certificates and store gift cards can’t expire for five years. However, issuers can still charge an “inactivity fee” if the card has not been used within twelve months.

What do I do with a Borders gift card?

Any shoppers still holding on to Borders gift cards can finally toss them in the trash.

How do I know if my gift card is still valid?

How do you check if your gift card is expired? You can usually check the back of your gift card to see when it will expire. This will display the date when your gift card can no longer be used.

Did Borders go out of business?

On July 22, 2011, Borders started closing its remaining 399 stores with a phased roll-out. Business operations ceased in September 2011.

Are there any Borders bookstores left?

Does Borders bookstore exist anymore?

The company will be liquidated — meaning sold off in pieces — and almost 11,000 employees will lose their jobs. The chain’s 400 remaining stores will close their doors by the end of September.

Why is my gift card declined?

There are a number of possible reasons why a purchase could be declined: You don’t have enough money left on your card. You haven’t activated or registered your card. The address you gave to make an online or phone purchase is different from the address you have on file with your prepaid card provider.

Can you claim expired gift cards?

Expired gift cards Gift cards and vouchers do have an expiry date – this should be made clear to you when you buy the card. If you feel the expiry date of the card was hidden from you, you may be able to make a claim.

What gift cards dont expire?

In addition, with Mastercard and American Express gift cards, funds never expire. However, the physical card itself may need to be replaced by a certain date. All you have to do is call the number on the back of the card and they will issue a new one.

What year did Borders close?

2011Borders Group / Ceased operations

Do Borders still exist?

It appears to be all over for the Borders bookselling chain. The company will be liquidated — meaning sold off in pieces — and almost 11,000 employees will lose their jobs. The chain’s 400 remaining stores will close their doors by the end of September.

What year did Borders go out of business?

2011
Borders Group

How much do I have left on my gift card?

Start by looking at the back of your gift card. Typically, you’ll find a toll-free number you can call to discover your balance. Or you can check your balance by visiting the card issuer’s site and entering your card’s 16-digit number and security code.