Americans Have Over $20B In Unused Gift Cards
(Photo by Justin Sullivan/Getty Images)
How much money do we have sitting on gift cards in our wallet, purse, or that junk drawer at home?
According to a new survey, Americans currently have more than $20 billion in unused cards or rewards. Half of us admitted to having unredeemed gift cards or credits, a quarter of us say we’ve lost a gift card, and another 25% have let one expire.
Turns out Millennials are the biggest offenders when it comes to plastic money. The survey found 55% of us have a credit or gift card we haven’t used. Maybe if we all combine all of our partially used Visa Gift Cards we can buy our way out of student loan debt!
- You can basically skip giving your well off friends, family, and coworkers gift cards during the holidays. A hardy 32% of people who make more than $80,000 said they’ve let a card or credit go to waste. Guess it really was only that thought that counted.
Source: Click2Houston
Steve Maney’s radio career has taken him all over the US, from interning with Howard Stern to working with Elvis Duran, this radio veteran now calls Charlotte and Kiss 95.1 home. He is Kiss’ staple entertainment guy writing about his thoughts on local news and funny topics like the name of the male Karen. It’s so much to know, but Maney will deep dive into any topic to get you a great piece to read.
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