From shoppingblog.com
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The Wall Street Journal reports that the Federal Reserve Board has announced proposed rules to limit gift card fees and expiration dates.
Gift card retailers and issuers are prohibited from charging fees to customers who have used their cards in the previous year.
Gift card issuers can only charge one inactivity, dormancy or service fee per month.
Expiration dates for funds underlying gift cards must be at least five years after the date of...
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