{"id":778,"date":"2025-01-03T21:08:43","date_gmt":"2025-01-03T21:08:43","guid":{"rendered":"https:\/\/mycardterms.com\/hopdoddy\/?page_id=778"},"modified":"2025-09-30T16:21:54","modified_gmt":"2025-09-30T16:21:54","slug":"escheat-information","status":"publish","type":"page","link":"https:\/\/mycardterms.com\/hopdoddy\/escheat-information\/","title":{"rendered":"Consumer Support for Unclaimed Property Events"},"content":{"rendered":"\n

Many States in the United States have enacted State unclaimed property laws under which a Card Issuer may be required to escheat the Gift Card to the State in an amount and at the time required by State law if you have not used your Gift Card within a certain time period. Escheat is a legal term that refers to, among other things, the process where the custody of property is transferred to the State when an individual is deemed to have abandoned that property. These time periods for abandonment are set by State law and, depending upon the State, usually are two-year, three-year or five-year periods. If the balance of your Gift Card becomes unclaimed property subject to a State’s unclaimed property law, then the Card Issuer may be required to pay the balance of the Gift Card to the State in an amount and at the time required by the State law \u2013 at which time the State will hold the balance for you as a custodian. At that time, you may lose the ability to use your Gift Card to buy goods and services. If this occurs, you may inquire about the status of your Gift Card by contacting us. See Contact Us<\/a>.

Depending upon the State and the card program, the Card Issuer may or may not be required to send a notice to you prior to escheating you Gift Card to the State. If you have 1) received a notice of escheat or 2) discovered that your Gift Card has been escheated to the state, please see the Frequently Asked Questions below for more information on what to do. And for general background information about concept of escheat and unclaimed property, visit unclaimed.org<\/a>.<\/p>\n\n\n\n

Unclaimed Property Notice of Escheat FAQs<\/h3>\n\n\n\n

Below is a set of frequently asked questions regarding unclaimed property notices that are sent to property owners before their property is escheated to a State. These FAQs are designed to assist you with answering some questions you may have if you received this notice about your property. <\/p>\n\n\n\n

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