Are There Activation Fees For Visa Gift Cards

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Are There Activation Fees For Visa Gift Cards. However some Visa Gift cards. For example a Target Visa 50 gift card has a 5 activation fee.

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Charging for activation is legal provided the fee amount or method in which it will be calculated is clearly disclosed prior to the sale of the gift card. Prepaid cards carry Visa Mastercard and American Express logos. The fees include an activation fee that typically costs a minimum of 395 followed by a 250 monthly inactivity fee if the card isnt use within 12 months.

The card can be purchased in 20 denominations ranging from 20 to 500.

Visa does not set gift-card fees nor do we receive any portion of those fees said Paul Cohen. Prepaid cards carry Visa Mastercard and American Express logos. So gift it with confidence. Unlike gift cards prepaid cash cards like those issued by Mastercard and Visa often have fees and administration charges.