Complicated rebates have largely disappeared. They still appear in major appliance purchases, however. (NOTE: This is a free excerpt from my new book: Gotcha Capitalism, 10 years later.  A lot has happened in the world of credit cards since 2008.  It’s fun to look back….) Gift cards could be pretty diabolical when they burst onto…

Gift cards are now regulated under the CARD Act, which will limit gift card fees and expiration dates.  Federal law currently preempts state attempts to regulate the terms of national bank issued gift cards.  However, the Federal Circuit Courts of Appeal are divided on whether states may regulate non-bank retailers that sell gift cards as…