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Is there a difference between a gift card and a voucher? Do both of these expire or do vouchers expire but not gift cards?
Hi there,
The term "gift card" is usually used to denote a coupon which can be traded against all goods or services from a specific merchant or group of merchants. Gift cards typically come in multiple denominations. Some gift cards store value electronically on a magnetic stripe or microchip. Gift cards typically have long validity periods.
The term "voucher" typically refers to a coupon which can be redeemed for specific goods or services from a merchant or group of merchants. Vouchers often come with conditions attached and normally have fairly short validity periods.
Best regards from Moneyguru
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