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I bought E-gift cards from 3 different stores which were processed via CashStar. Unfortunately, rather than putting through the transaction as a purchase, they put it through as a cash advance which is then charged an instant interest fee as if you are borrowing money, from your bank. Additionally either the bank or CashStar tags on another fee for the card of at least $5 per card. I have bought E-gift cards from other stores that are not processed this way and incur no extra fees. Pathetic. Avoid anything linked to CashStar!
Tip for consumers:
People should be forewarned that if they purchase an E-gift card online for Sail or Lululemon or other stores (Holt Renfrew as well), the company which processes the gift card purchase is CashStar, which is a company that results in the purchaser paying additional fees, both interest and a "gift card" fee.
Products used:
I bought a gift card so it was a gift for someone, however I was not warned that because the retailer uses CashStar to process its E-gift cards, the gift was processed as a cash advance instead of a retail purchase. This automatically incurs an immediate interest fee from your bank and an additional card payment fee on my Visa bill.
It is unacceptable and not something that is made clear when purchasing the gift card.
Colette D.'s review of CashStar earned a Very Helpful vote
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