Protect Yourself from Gift Card Scams: Spot the Red Flags Before It's Too Late
Published: December 11, 2024

As the holidays approach, gift card scams are becoming more common. These scams often trick people into buying gift cards and sharing the codes with fraudsters, who then vanish with the money. Once this happens, it’s almost impossible to recover the funds. Here’s how you can recognize these scams and protect yourself.
Common Gift Card Scams
1. Urgent Payment Demands
Scammers might say you owe money or have an emergency—like unpaid taxes or a family crisis—that can only be resolved by buying gift cards. They create a sense of urgency to pressure you.
2. Fake Authorities or Employers
Fraudsters often pretend to be from the government, law enforcement, or even your boss. They may claim you need to buy gift cards to pay fines, settle taxes, or complete a work task.
3. Prize or Lottery Scams
You might receive a message claiming you’ve won a prize or lottery. However, you’re told you need to pay fees using gift cards to claim your winnings.
4. Romance or Online Relationship Scams
Some scammers build trust through online relationships, then ask for gift cards to help with a fake crisis, such as medical bills or travel expenses.
What Are Gift Card Codes and Where Are They Found?
A gift card code is a unique set of numbers and letters printed on the back of a gift card. It’s often covered by a scratch-off area for security. Scammers will ask for this code because it allows them to use the card’s value immediately, just like cash. Once they have the code, they can spend or transfer the funds without needing the physical card.
How to Spot a Gift Card Scam
· Unusual Payment Requests: Legitimate businesses and government agencies will never ask for payment in gift cards.
· Urgency: Scammers push you to act quickly, leaving no time to think.
· Unsolicited Messages: Be cautious of unexpected calls, emails, or texts asking for gift cards. For example, the IRS will never demand immediate payment in gift cards.
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