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In fact, law reforms in 2019 banned post-purchase fees. But some products that are marketed as gift vouchers, such as preloaded Visa and Mastercard cards, add fees of about $5 at the checkout.
The Visa gift card activation fee is based on the gift card’s value. A Visa gift card cannot be used to make purchases if it is not activated first. These activation fees may seem arbitrary, but they are imperative to maintaining the Visa network and all card functions.
The activation fee of the Visa gift card you purchase is usually dependent on the amount of funds you put onto the gift card. All Visa gift cards have a fee, but the exact amount you will pay varies. Here’s a brief guide detailing what you can expect to be charged based on the value of your Visa gift card:
The Mastercard gift card activation fee is a necessary fee that must be paid upon purchase of your Mastercard. Whether you buy the gift card online or in-person at a retailer near you, the activation fee still has to be paid.
If you can't find a card without an activation fee, consider that the activation cost of most Visa gift cards ranges from about $3-$5 — but it gives the recipient the flexibility to get anything they really want or need.
Prepaid gift cards have an activation fee that you, as the purchaser, should pay for. This is usually only a few dollars, but it does add up if you buy a lot. On top of the activation...
These types of gift cards tend to charge fees for use. The fees include an activation fee that typically costs a minimum of $3.95, followed by a $2.50 monthly inactivity fee if the card isn’t used within 12 months.
Here are some things buyers should watch out for and tips for recipients to make sure they use up their gift cards. Avoid extra fees. The vast majority of gift cards do not charge any fees.
For example, a $50 Target gift card with a Visa logo may cost you $55, with the extra $5 you pay being the one-time activation fee. A closed loop card usually has no such fees.
Call the gift card issuer or visit their registration website. Check the sticker on the front of your gift card for a registration link or toll-free phone number. If there’s no sticker, look at the back and use the customer service phone number or website provided.