My dh's employer does quarterly gifts for participating in health programs. It is a program where each quarter you can earn a reward for doing a walking program, weight loss program, etc..
They give the reward on a "Visa gift card". I was thinking these were just like another gift card, once used they are done. However, dh told me that the card is one that they will add his next quarter reward (if he would earn one) onto the same card. The Card says Visa Gift Card on it. It has dh's name and his employer's name on it.
So, is this considered a credit account? I hope it is not as I don't want dh to have to list it as we are hoping his employer doesn't need to find out about the BK filing. For instance, dh might get approved for a $50 reward for his walking program this quarter. If so, they will put $50 on the gift card.
Also, would the $50 need to be included as income for the month?
Thanks for any info you might know. It is such a nice thing the company is doing (hopefully to be offset by a reduction in their health care premiums), but for us right now it could be an unfortunate thing, I guess.
reallynervous
They give the reward on a "Visa gift card". I was thinking these were just like another gift card, once used they are done. However, dh told me that the card is one that they will add his next quarter reward (if he would earn one) onto the same card. The Card says Visa Gift Card on it. It has dh's name and his employer's name on it.
So, is this considered a credit account? I hope it is not as I don't want dh to have to list it as we are hoping his employer doesn't need to find out about the BK filing. For instance, dh might get approved for a $50 reward for his walking program this quarter. If so, they will put $50 on the gift card.
Also, would the $50 need to be included as income for the month?
Thanks for any info you might know. It is such a nice thing the company is doing (hopefully to be offset by a reduction in their health care premiums), but for us right now it could be an unfortunate thing, I guess.
reallynervous
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