Delaware's consumer protection laws cover new and used car purchases, deceptive advertising and other consumer related issues. However, there are no additional protections for consumers of gift cards. The means that state residents have to rely on the Federal CARD act. Gift cards and reloadable cards have a minimum expiration date of five years (or five years from adding value to the card, which is a start. However, various fees can be added, and most store-specific cards are not included.
We feel that Delaware could do more to protect consumers, especially considering the popularity of gift certificates and cards.
The "First State" of Delaware was colonized by the Dutch in 1631, and was the first state to ratify the Constitution of the United States on Dec. 7, 1787. Despite its location, the state saw few conflicts during the Revolutionary War. Although Delaware is one of the smallest states, second only to Rhode Island, it consistently ranks in the top ten for personal income and average wages.
- An estimated 917,092 residents call Delaware home, with an above average of 14.7% being 65 years or older.
- 73% of Delaware residents own their homes, well above the 66.1% national average, with the average home valued at $244,100, also about the national average (of $186,200).
- 11.2% of residents live in poverty, are under the national average of 14.3%, although the state's unemployment rate continues at 7.2%.
Delaware's Consumer Protection Laws
Find out more about Delaware's consumer protection laws by contacting your state representative.
Types Of Gift Cards
Gift cards come in many different types and are available at large and small retailers alike. Traditional gift cards are essentially gift certificates on a card. These cards are popular at service-oriented businesses, such as restaurants, salons, and coffee houses. Retail gift cards are available at many larger stores, from Sears to Best Buy, and can be used in the multiple locations. General use gift cards are branded with Visa or MasterCard and can be used almost anywhere credit cards are accepted.
What Types Of Card Should I Give?
If you want to give a personal gift and know the receivers favorite restaurant or store, a gift card is ideal and still relays that personal touch. For people out of town, however, general use cards make a better option, and gives them flexibility.