Spain

There is no nationwide minimum validity period for Giftcards. Expiry dates are generally permitted but must be communicated clearly and fairly. For return/exchange Giftcards (vales por devolución), some authorities have clarified that no expiry may be set (this applies to return/exchange Giftcards, not general Giftcards).

Giftcards: after expiry, there is usually no general right to a refund if the period was clearly agreed; goodwill may apply. Return/exchange Giftcards: authority guidance indicates expiry is not permitted, so customers may rely on this.

Transparency on validity, fees, scope and transferability is required. For return/exchange Giftcards, authorities indicate no expiry; for Giftcards, merchants often set 12–24 months (lawful if clearly disclosed).

Spain implements the EU Giftcard Directive 2016/1065: single-purpose Giftcard (SPV) is taxed at issuance/transfer; multi-purpose Giftcard (MPV) at redemption.