Make sure to check that the card and packaging hasn’t been altered. For example, you pay tax on a sweater you buy with a gift card, the same as you would when you pay with cash or credit. The retailer will charge tax when you buy a taxable item with the gift card. When you buy a gift card, you don’t pay tax on the gift card. When you buy a gift card, make sure the retailer activates the card. Gift cards for various retailers are available: by calling a telephone number on the cardīefore you buy a gift card, ask if there are any restrictions on what you can buy.Often, you can check the balance of your gift card: maintain a gift card from a shopping mall after a certain period.In some provinces or territories, retailers may charge a fee to: Generally, there are no fees to use or buy a gift card. For example, a gift card for a haircut or massage may have an expiry date. Sometimes gift cards for a specific service may carry an expiry date. These cards are usually only for purchases at a specific retailer or group of retailers. Promotional or charitable gift cardsīusinesses may give promotional or charitable gift cards as part of a promotion, loyalty program or to raise money for charity. Gift cards with an expiry dateĭepending on the rules in your province or territory, the following gift cards may have an expiry date. Make sure you read the terms and conditions of any gift card you buy or use. If your gift card is old, you may need to get the money on it transferred to a new card. Sometimes, you can add money to a gift card. For example, if you use a $50 grocery store gift card to buy $10 worth of groceries, the balance on the card is now $40. When you buy something using your gift card, the total value of the gift card goes down by the amount you spend. ![]() Cards with the logo for payment card networks like Visa, Mastercard and American Express are called prepaid cards. Gift cards are not branded with a payment card network logo. Learn more about the regulations on gift cards where you live. Gift cards can be a physical card or an electronic card.ĭepending on your province or territory, there may be different rules for gift cards. Generally, gift cards come with money already on them. You can use gift cards at a single retailer or at a group of retailers, such as a chain or shopping mall. A gift card is a prepaid card that you use to pay for purchases.
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