Coverage dated December 24, 2023 to December 25, 2023
The secret life of gift cards: Here's what happens to the billions that go unspent each year
Headline from WFMZ Allentown
Americans are expected to spend nearly $30 billion on gift cards this holiday, according to the National Retail Federation. Most will be redeemed. But many gift cards wind up forgotten
WFMZ Allentown's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Americans are expected to spend nearly $30 billion on gift cards this holiday, according to the National Retail Federation. Most will be redeemed. But many gift cards wind up forgotten
Many cards — tens of billions of dollars’ worth — wind up forgotten or otherwise unused. That’s when the life of a gift card gets more complicated, with expiration dates or inactivity fees that can…
Gift cards make great stocking stuffers — just as long as you don’t stuff them in a drawer and forget about them after the holidays. Americans are expected to spend nearly $30 billion on gift…
In a July survey, Bankrate found that 47% of U.S. adults had at least one unused gift card worth an average of $187. That's a total of $23 billion in unspent money.
Gift cards make great stocking stuffers — just as long as you don’t stuff them in a drawer and forget about them after the holidays.Americans are expected
Americans are expected to spend nearly $30 billion on gift cards this holiday. While most will be redeemed, many gift cards wind up forgotten or unused.
Tens of billions of dollars’ worth of gift cards wind up forgotten or otherwise unused. Here's more on that, plus today's other top stories, a look at this date in history, celebrity birthdays and more. Get caught up.
Americans are expected to spend nearly $30 billion on gift cards this holiday, according to the National Retail Federation. Most will be redeemed. But many gift cards wind up forgotten or unused.