The secret life of gift cards: Here’s what ... - Associated Press News
WEBDec 26, 2023 · Americans are expected to spend nearly $30 billion on gift cards this holiday season, according to the National Retail Federation. Restaurant gift cards are the most popular, making up one-third of those sales. Most of those gift cards will be redeemed.
Here's what happens to the billions in gift cards that go ... - CBS News
WEBDec 25, 2023 · Learn about the laws, fees and risks of gift cards that go unused every year. Find out how to check if you have unclaimed money from gift cards and how to protect yourself from fraud.
Americans have a collective $21 billion in unspent gift cards
WEBFeb 23, 2023 · Almost two-thirds of American consumers have at least one unspent gift card tucked away in a drawer, pocket, wallet or purse.
Here's what happens to unspent gift cards - NBC News
WEBDec 25, 2023 · Gift cards get lost or forgotten, or recipients hang on to them for a special occasion. In a July survey, the consumer finance company Bankrate found that 47% of U.S. adults had at least one ...
Maker of popular gift cards sued over alleged ‘card draining
WEBnComm Financial Services, a Georgia-based company that makes many of the popular gift cards sold in stores and its partner banks are facing a lawsuit filed by San Francisco …
The Secret Life of Gift Cards: Here's What Happens to the Billions …
WEBDec 25, 2023 · That’s when the life of a gift card gets more complicated, with expiration dates or inactivity fees that can vary by state. Here’s what to know about the gift cards you’re giving — or...
New Industry Report: Digital Gift Card Programs Offer Significant ...
WEB"The U.S. gift card market is forecasted to reach a total value of more than $247 billion by 2027 with digital gift cards and codes forecasted to account for nearly 55% of total gift …
What happens to unspent gift cards - Los Angeles Times
WEBAmericans are expected to spend nearly $30 billion on gift cards this holiday season, according to the National Retail Federation. Many will wind up forgotten or unused.
Maryland becomes first state to pass law against gift card ... - CBS News
WEBAmerican hold $21 billion in unused gift cards 02:12. Maryland is the first state in the nation to pass a law aimed at thwarting an increasingly common scam known as gift card …
Unspent gift cards climb to average of $175 per person
WEBEven as many Americans are struggling to stretch their incomes due to high inflation, they may be letting unused gift cards go to waste.
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