Top Gift Card Scams to Avoid
The popularity of prepaid cards has unfortunately attracted fraudsters. Protecting your gift card mall mygift balance requires vigilance. Here are the top tactics used by scammers:
- The Government Imposter: Scammers call claiming to be from the IRS or local law enforcement, demanding immediate payment for "back taxes" using gift cards.
- Fake Balance Checker Websites: Fraudsters create websites that look exactly like the official portals. Always type the URL directly into your browser.
- In-Store Tampering: Thieves write down card numbers from the store rack and scratch off the PIN slightly.
How to Maximize Your Remaining Small Balances
Don't let those few remaining dollars go to waste. If you have a small balance left, consider these options:
- Use it in combination with a credit card for online purchases.
- Buy low-cost digital items like ebooks or digital music.
- Reload the card at participating retailers if permitted.