To check the balance on your Michaels Gift Card, use the options provided below (phone number, website, store locations). Before you check your balance, be sure to have your card number and pin code available. All questions regarding your gift card balance should be directed at the merchant that issued the gift card.
Introduction
Michaels is one of the most popular arts and crafts stores in the United States. Today people can buy gift cards of all sorts for use at Michaels locations around the country and even on the Michaels website. It does not take too much to check the balance of one of these cards either. This kind of gift card is great for a store that is continuing to rise and might even have an IPO in the near future.
Company Overview
Michaels was founded in Dallas in 1976 as a basic arts and crafts store in a local shopping mall. The success of the store prompted it to expand into many locations and would eventually grown to where it has more than a thousand locations around the United States and Canada.
What's Happening Now
Michaels has grown to include a variety of private brands for all kinds of products including the Bead Landing, Creatology and Art Minds brands. It has also partnered with Martha Stewart in the past for all sorts of products. The chain also has a number of arts and crafts classes that are held at many of its locations throughout the year. The schedule of classes and subjects will vary based on what each individual location has to offer.
The company continues to be very profitable. It's estimated that the company makes more than $170 million in income every year.
Upcoming Plans
There are currently plans for Michaels to have an initial public offering on the NYSE. This IPO is expected to be worth close to half a billion dollars in value and will be under the MIK symbol. However, its profit went down to a little less than $50 million in the first quarter of 2013. In addition, the IPO was originally to have taken place in 2012 but was delayed indefinitely after the company's CEO suffered a stroke.
Gift Card Points
Gift cards can be purchased with no expiration dates and no fees for using them. A customer can purchase a gift card by choosing a vibrant design and then by selecting a decorative card holder for a special occasion. There are individual designs for birthdays, weddings, anniversaries and other special events based on the time of the year.
Gift cards can be used in any Michaels retail location or on the Michaels website. However, any card that is bought on the Michaels website can only be used in American locations. The Canadian version of the site should be used when finding a card that can be used in Canadian stores.
How to Check Your Michaels Gift Card Balance
A customer can check a Michaels gift card balance by calling the company at 1-800-642-4235 and then be choosing extension 6. The exchange card number must be supplied in order to find details on what it's worth.
A customer can also choose to go into a local Michaels store to have the card scanned. This should give the customer an immediate look at what's on the card.
There are no current ways how a customer could go online in order to check on the value of the card. Therefore, there is a need to simply check by phone or in store to see what's on it.