Globally recognised fashion brand, closed-loop in every market.
H&M is a global high-street fashion brand with stores and e-commerce in 70+ countries. The gift card is closed-loop and redeemable in stores and on hm.com.
Closed-loop status means the H&M card fits in-kind tax frameworks across the EU and UK, and is a popular component of multi-store choice cards thanks to its broad recipient appeal.
How this card sits inside each country's framework. General information, not tax advice — confirm with your accountant for material program volumes.
Closed-loop, qualifies as Sachbezug within €50/month under § 8 EStG.
Fits WKR vrije ruimte.
Eligible as chèque cadeau via CSE for recognised URSSAF events.
Fits trivial benefits within £50 per gift.
Cash-equivalent fringe benefit, report on W-2 regardless of amount.
General information about gift card tax frameworks. Not tax advice; confirm with your accountant for material program volumes.
On gift.cards you only pay the face value — there are no platform or setup fees.
Yes — balances are only redeemable inside H&M stores and on hm.com in the country of issue.
Yes, H&M is a popular brand inside European multi-store choice cards.
Standard H&M gift cards apply to H&M; sibling brands often have separate gift cards. Check at issue time.
Other brands and reads that go well with this one.
Closed-loop, recognised worldwide, fits Sachbezug, WKR and trivial benefits.
The default Dutch marketplace card. Closed-loop, fits WKR vrije ruimte.
The Dutch multi-store classic. 25,000+ acceptance points, WKR-friendly.
Free account, no setup, one invoice for the whole batch.