Published on July 5th, 2016 | by Chuck40
Rite Aid Going Cash Only on Variable-Load Gift Cards on July 7
Multiple Flyertalk members report that Rite Aid is going cash-only on July 7 for all variable-load prepaid products. This will affect Visa/MC/Amex $20-$500 variable-load cards.
The info is based on an internal memo being circulated at Rite Aid stores, and has been confirmed by at least two people. Seems to be a corporate/national thing, not regional. Let us know in the comments if you’ve heard anything at your local stores.
Most likely variable-load merchant gift cards, like eBay and Amazon, will still be able to be purchased with a credit card. And fixed-value Visa/MC/Amex gift cards also won’t be affected, apparently. But the highest fixed-value card is just $100 from memory so it’s not hugely useful.
[A few months ago, Rite Aid went cash-only for loading prepaid cards, and stopped allowing debit loads. This is a separate move to stop allowing credit cards for variable-load prepaid purchases.]
Get in your last purchases before July 7 (if they still let). The game is getting harder….
Update: Reader Vic reports that in his area it’s already POS-enforced. Also, he reports that it affects Paypal MyCash cards.