Gift Card Scams – Don’t Let Scammers Steal Your Holiday Cheer

Gift cards are a favorite holiday gift, but they’re also a favorite tool for scammers. Every year, thousands of people lose money to fraudsters who use clever tricks to steal from unsuspecting buyers. Let’s break down how these scams work and how you can protect yourself.

How Gift Card Scams Happen
Scammers often impersonate someone you trust—your boss, a friend, or even a family member. Here are some common scenarios:
• Fake Employers or Clients: Scammers posing as new employers or clients ask for gift cards as a “quick payment” method.
• Family Emergency Requests: A scammer pretends to be a relative in trouble and urgently needs gift cards for help.
• Contests or Promotions: You’re told you’ve won a prize but must pay with gift cards to claim it.

In each case, they’ll ask for the gift card numbers and PINs, draining the balance before you realize what’s happened.

Red Flags to Watch Out For
• Pressure to Act Fast: Scammers thrive on urgency, pushing you to buy and share gift card details immediately.
• Requests via Phone or Email: Legitimate companies or individuals don’t request payments in gift cards.
• Unusual Purchase Locations: Being directed to specific stores or brands is a common tactic.

How to Protect Yourself
• Buy Smart: Purchase gift cards directly from reputable stores and inspect the packaging for tampering.
• Don’t Share Numbers: Never share gift card details over the phone, text, or email.
• Be Skeptical: Double-check any request for payment, even if it seems legitimate.

What to Do If You’re Scammed
• Act Quickly: Contact the gift card issuer and report the scam. Provide as much detail as possible.
• File a Complaint: Report the incident to the Federal Trade Commission (FTC) at reportfraud.ftc.gov.

Gift cards are meant to bring joy, not stress. With these tips, you can enjoy the season without falling victim to holiday scammers.