During the week of June 20, 2011, the Postal Service™ will launch American Express Gift Cards in the majority of Post Offices™ that sell greeting cards. Gift cards will offer customers a convenient way to purchase and mail gifts at Post Offices. This convenience will improve the customer experience and provide the Postal Service additional revenue.
American Express Gift Cards will be available in $25 and $50 fixed amounts, as well as any variable dollar amount from $25 to $100. The price of the gift cards will include the face value of the cards plus a one-time purchase charge. The purchase charge is a standard fee charged in the industry for this type of card. Gift card funds will not expire, and there will be no monthly fees.
Gift cards will be sold and activated at the retail counter. The POS ONE system will automatically activate the cards during the sales transactions. Customers will be able to buy up to $500 in gift cards per day, and the funds on the cards will become available for use 4 hours after purchase. Gift cards will not be returnable for a refund or credit.