Visa, Mastercard®, American Express® and other bank-issued gift cards charge a purchase fee to cover the money they have to pay to third parties like the store, the program manager, and the processor.
In short, no.
However store gift cards (Apple, Amazon, etc) generally they do not have an activation fee.
Do all Visa gift cards charge a fee?
Do All Visa Gift Cards Have A Fee
Yes; the fee is based on the gift card’s value. Gift card values from $10.00 to $74.99 have a $2.95 fee. Gift card values from $75.00 to $149.99 have a $3.95 fee.
Is there a Visa gift card without a fee?
Do I Have to Pay the Activation Fee? I’m often asked if there is any way to buy a Visa gift card without paying the activation fee or purchase charge. The answer is no. Though you can’t avoid paying the purchase charge entirely, there are ways to save money on Visa and other open loop gift cards.
Can gift cards charge a monthly fee?
Issuers can only charge an inactivity fee on a gift card if the card hasn’t been used in one year. Only one service charge* or inactivity fee can be charged per calendar month.
Do Mastercard gift cards have fees?
Mastercard Gift Cards have zero usage fees. Once the card is printed and purchased, the card will not incur any additional fees.