For prepaid cards that can be used as cash, such as gift cards, merchants are prohibited from:

  • indicating an expiry date; or
  • determining a period after which the card can no longer be used, such as 2 years after the card is purchased.

Your money is never lost

The amount you paid to purchase a card can never be "lost" because it has expired. As long as it has not been used, a card that was paid $50 will always keep its value.

This rule has been in effect since June 30, 2010. If your card's expiry date is on or after June 30, 2010, this expiry date is not valid: you may still use your card.

Last update : August 1, 2018

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The information contained on this page is presented in simple terms to make it easier to understand. It does not replace the texts of the laws and regulations.