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Gift card alert: watch those fees

Rochester, N.Y. - Gift cards are a very popular among shoppers, especially during the holidays.

However, experts warn that all gift cards are not created equal.

"Bankrate" found that general-purpose gift cards--the ones you can use anywhere and have an American Express, Visa, or
Mastercard logo, typically come with fees.

Most charge a fee if you don't use the card within a year.

Usually, gift cards tied to a specific store usually have no fee and have fewer restrictions.

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Washington Times