Saturday 12 December 2009

Gift cards !

In the last minute shopping to buy a Christmas gift many people opt for a gift card. This takes away all the chances of a bad choice. The card allows the recipient to choose whatever suits them - to the value of the amount nominated on the card.

In the past decade a strange thing has been happening with gift cards. Most now come with a " use by " date - after which they become valueless !

There is absolutely no justification for that imposition. The trader has money in the till without the outlay of immediately supplying goods - and that money is obviously earning interest until it is presented - whenever that may be.

Cancellation after a period of time is simply - robbery !

It seems to be a form of banditry that has spread from the government to commercial shopping interests. Perhaps the idea drew credence when the state government imposed a twelve month limit on Lotto and lottery wins, quickly followed by the TAB which imposed a similar cut off date on betting wins.

In the past a win was valid whenever the winning ticket was produced, even many years after the event. Not any more ! After twelve months any unclaimed money disappears into that entity known as " consolidated revenue " - never again to see the light of day.

Nowadays it seems that even Santa is in the bandit business !

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