Card draining occurs when a thief tampers with a gift card and "drains" the money before the funds are used by the consumer. AARP reported last year that 23% of U.S. consumers had given or ...

My son got a Vanilla Visa gift card as a graduation gift. It had 50$ on it. He was able to check the amount on the card. So he must have registered it himself, however, things got complicated when ...

If anyone tells you to pay with a gift card or to buy gift cards for anything other than a gift, it’s a scam. You’ll lose your money, and you won’t be able to get it back.

A gift card issuer is facing a lawsuit over allegations it failed to make its popular prepaid cards less susceptible to a common scam. The lawsuit, filed last month by San Francisco City Attorney ...

ARVADA, Colo. — Suzanne Gdovic was trying to be generous by picking up a $200 Target gift card for a friend’s daughter who just had a baby. When her friend’s daughter went to spend the money ...