210°

Study: Americans sitting on $30 billion in unused gift cards

Cnet: If you're a vegetarian, and someone gives you a gift card for Ruth's Chris Steak House, you might find it difficult to use. The same might be true if your dog just died and someone gifted you a $50 PetCo card.

Mismatches such as those and millions more like them have added up to $30 billion worth of unredeemed gift cards that Americans are sitting on collectively, according to a leading player in the burgeoning secondary market for the ubiquitous cards.

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toaster4864d ago

WOW that is a lot. Gift cards usually have an expiration date though no? Something like 3 months or so.

xDaRkModEx4863d ago

Not really, I still got a 3 year old best buy gift card from best buy with around $15.

Syko4863d ago

This is why I hate when people are like but "Cash" is a thoughtless gift. No. Thoughtless is getting me a card that either I might not use or will end up spending my own money on top of the gift card because I don't want to end up with a $3 card to Best Buy or something.

I hate Gift Cards.

GodsHand4863d ago

And that's the reason for gift cards, you spend to get them, and they hope you don't use them.

tplarkin74863d ago

I just used my Olive Garden gift card today. It was a $25 card and my meal was $13. The waitress got a $12 tip. So, I'm sure waitresses like gift cards.

fatstarr4863d ago

the best gift cards are the credit card ones

70°

15 Tips & Settings to Get the Most Out of Vision Pro

Vision Pro is here and it’s a surprisingly capable device. Apple has also loaded the headset with a ton of options and features that aren’t obvious at first glance.

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80°

Apple to Release Immersive Video Content of 2023 MLS Playoffs on Vision Pro

Apple announced that its Major League Soccer Season Pass (through Apple TV) will include new immersive video content covering the 2023 playoffs. Apple TV is the exclusive provider of online Major League Soccer broadcasts via the MLS Season Pass subscription.

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roadtovr.com
80°

How Meta Is Preparing for the EU’s 2024 Parliament Elections

As the election approaches,Meta plans to activate an Elections Operations Center to identify potential threats and put mitigations in place in real time.

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sonicwrecks83d ago

Don't call it a comeback... because it's not.