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Gift Cards

Justin Sullivan, Getty Images
Justin Sullivan, Getty Images
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What Happens to Unredeemed Gift Cards?

The holidays may be over, but chances are you’ve got a constant reminder: a gift card. Gift cards are always a popular choice for holiday gifts, so you’d think more of them would actually be redeemed — but experts believe at least $2 billion worth of the cards given last year will never see a cash register.

So what happens to all that money?

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Category: Lifestyle Tags:
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Billions Are Lost On Gift Cards

Every season I give and I get gift cards. I love them!! I can get whatever I want. I feel like my Godson Kevin, he'll soon be 16 and would like cash for x-mas. My youngest Jayson is 6 so he has a full list for Santa. According to reports since 2005 over 41 billion dollars is lost on gift cards!!! That is money down the drain, literally.

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