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Featured Insight | January 06, 2026
California Gift Card Law: Upcoming Increase in Cash Redemption Threshold
California amended an existing law regarding the cash redemption value of gift certificates. Under the current law, any gift certificate with a cash value of less than ten dollars ($10) shall be redeemable in cash for its cash value. The amendment, which becomes effective April 1, 2026, raises that cash redemption threshold to fifteen dollars […]