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Report: #1290542

Complaint Review: OmniCard LLC - Internet

  • Submitted:
  • Updated:
  • Reported By: Jonathan — Jeffersonville Indiana USA
  • Author Not Confirmed What's this?
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  • OmniCard LLC Internet USA

OmniCard LLC Takes 100% of Funds, Avoids Regulation on a Technicality ittsburgh, Pennsylvania Internet

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On GiftCards.com, the link to buy "Bulk Gift Cards" takes you to sister company OmniCard.com, where you do not purchase "gift" cards, they sell "reward" cards in order to avoid many federal and state regulations on prepaid gift cards.  I received one of these cards from my employer in December 2015, not as a part of any reward program, but as essentially cash, and it expired in less than a year and all of the funds were reclaimed by OmniCard, who have no recourse available.

 Somehow they are the top google search result for "Bulk gift cards" when they have no open loop (visa, mastercard etc.) gift cards for sale.  False Advertising until you get to their actual website, where they are very careful to avoid the word "gift" when describing their products, and of course nowhere up front does it mention that their cards expire in 1/5 the time required of similar products by federal regulation.

This report was posted on Ripoff Report on 02/28/2016 03:29 PM and is a permanent record located here: https://www.ripoffreport.com/reports/omnicard-llc/internet/omnicard-llc-takes-100-of-funds-avoids-regulation-on-a-technicality-ittsburgh-pennsylv-1290542. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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