The money on the gift cards are protected funds. In practice, this means that if Glede were to go bankrupt, the gift card recipient would still own and have the right to use the funds on the card. This is in accordance with the EU directives for e-money.
What happens to the gift card if Glede goes bankrupt?
The money from the Glede card is not lost if Glede goes bankrupt
Written by Oliver Os
Updated this week