About this blog

Bob Sullivan

Corporate sneakiness. Government waste. Technology run amok. Outright scams. The Red Tape Chronicles is MSNBC.com's effort to unmask these 21st Century headaches and offer real solutions that save you time and money.

Bob Sullivan covers Internet scams and consumer fraud for MSNBC.com. He is the winner of multiple journalism awards for his coverage of online crime and author of Gotcha Capitalism: How Hidden Fees Rip You Off Every Day and What You Can Do About It. and Your Evil Twin: Behind the Identity Theft Epidemic.

Got some red tape you want Bob to untangle? Write BobSullivan@
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Video: Avoid bank gift cards

Posted: Friday, December 21 2007 at 04:00 am CT by Bob Sullivan

N_sullivan_giftcards_071207300w_3
Click on the image to watch the video.

By now, you probably know that gift cards sometimes come with hidden fees that make them lose value over time. But you might not know that bank cards -- which don't come from a specific store -- have the worst fees of all. Click to watch.

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