Consumers to Redeem Change from Gift Cards

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Retailers get an extra boost when consumers don't spend the extra few dollars left on a card, but for Californians who find themselves stuck with not quite enough to get an actual gift, relief arrives Jan. 1, when a new law lets let you cash out balances under $10. Similar laws are already in place in Washington state and Montana, where balances under $5 can be redeemed for cash. And in Vermont, you can only cash out if you have less than $1 remaining on a gift card.



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