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.

Reports & sources

73 articles, oldest first.

  1. Fox2 Detroit

    What happens to all the gift cards that go unused every year? (opens Fox2 Detroit)

    Published

    Fox2 Detroit's feed description

    The life of a gift card can get complicated. Here’s what to know about the gift cards you’re giving — or getting.

  2. WFMZ Allentown

    The secret life of gift cards: Here's what happens to the billions that go unspent each year (opens WFMZ Allentown)

    Published

    WFMZ Allentown's feed description

    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

  3. WTOL Toledo

    Here's what happens to all the unspent money on forgotten gift cards (opens WTOL Toledo)

    Published

    WTOL Toledo's feed description

    Americans are expected to spend nearly $30 billion on gift cards this holiday season, according to the National Retail Federation.

  4. New York Post

    What happens to the billions in gift cards that are never spent? (opens New York Post)

    Published

    New York Post's feed description

    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…

  5. AL.com

    What happens to unused gift cards? Billions go unspent each year (opens AL.com)

    Published

    AL.com's feed description

    Many gift cards wind up forgotten or unused.

  6. KTLA Los Angeles

    What happens to the billions spent on unused gift cards? (opens KTLA Los Angeles)

    Published

    KTLA Los Angeles's feed description

    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…

  7. PBS NewsHour

    Forget to spend an old gift card? Here's what happens to that money (opens PBS NewsHour)

    Published

    PBS NewsHour's feed description

    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.

  8. Honolulu Star-Advertiser

    What happens to the billions in gift cards that go unspent each year (opens Honolulu Star-Advertiser)

    Published

    Honolulu Star-Advertiser's feed description

    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.

  9. WHDH Boston

    The secret life of gift cards: Here’s what happens to the billions that go unspent each year - Boston News, Weather, Sports (opens WHDH Boston)

    Published

    WHDH Boston's feed description

    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

  10. CBS News

    Here's what happens to the billions in gift cards that go unused every year (opens CBS News)

    Published

    CBS News's feed description

    Billions of dollars' worth of gift cards go unspent every year. Here's what to know about redeeming them — and avoiding scams.

  11. NBC News

    Here's what happens to unspent gift cards (opens NBC News)

    Published

    NBC News's feed description

    Most gift cards are redeemed, but tens of billions of dollars’ worth wind up forgotten or otherwise unused.

  12. Tampa Bay Times

    Here's what happens to the billions from gift cards that go unused (opens Tampa Bay Times)

    Published

    Tampa Bay Times's feed description

    As much as $23 billion goes unspent each year.

  13. ABC 7 New York

    Don't forget to spend your gift cards: Tips for what to do with unused balances (opens ABC 7 New York)

    Published

    ABC 7 New York's feed description

    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.

  14. Waco Tribune-Herald

    Morning headlines: Here's what happens to billions of dollars in gift cards that go unspent each year (opens Waco Tribune-Herald)

    Published

    Waco Tribune-Herald's feed description

    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.

  15. Hawaiitribune Herald

    The secret life of gift cards: Here’s what happens to the billions that go unspent each year - Hawaii Tribune-Herald (opens Hawaiitribune Herald)

    Published

    Hawaiitribune Herald's feed description

    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.

  16. The Sentinel (Carlisle)

    Here's what happens to billions in gift cards that go unspent each year (opens The Sentinel (Carlisle))

    Published

    The Sentinel (Carlisle)'s feed description

    Americans are expected to spend nearly $30 billion on gift cards this holiday, according to the National Retail Federation.

  17. The Oregonian

    Gift cards’ dirty secret: Billions go unspent each year (opens The Oregonian)

    Published

    The Oregonian's feed description

    Here’s what to know about the gift cards you’re giving — or getting.

  18. Black Enterprise

    The Truth About Gift Cards: Unspent Balances, Fees, And Scams (opens Black Enterprise)

    Published

    Black Enterprise's feed description

    As Americans purchase nearly $30 billion in gift cards this holiday season, these convenient gifts bring forth challenges.

  19. ABC 12 Flint

    Here's what happens to billions in gift card balances that go unspent (opens ABC 12 Flint)

    Published

    ABC 12 Flint's feed description

    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

  20. AL.com

    Secret life of gift cards: Here’s what happens to the billions that go unspent each year (opens AL.com)

    Published

    AL.com's feed description

    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.

  21. Fortune

    The dark side of the $30 billion holiday gift card industry: So much money unspent (opens Fortune)

    Published

    Fortune's feed description

    Almost half of adults have at least one wasted gift card, a July Bankrate survey found. Average value: $187.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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