Martin Lewis issues gift card warning and urges everyone to check theirs now
Martin Lewis has issued a warning about gift cards ahead of Christmas.
The MoneySavingExpert founder explained how many vouchers end up going out of date before people use them.
This is because most will have an expiry date - and if you don’t write remember to use your gift card before this point, you lose your cash.
Martin also explained how the money on your gift card is not protected if a business goes bust.
When a company falls into administration, the company behind this process can decided to stop accepting vouchers at any point.
Speaking during his Martin Lewis Money Show Live Christmas special, Martin said: “Understand they are not protected.
“If the firm goes bust, the money is gone. Many of them also have use-by dates on them …
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