Americans Expected to Spend Nearly $30 Billion on Gift Cards This Holiday Season – Here’s How to Make Sure Yours is Used!

This holiday season, Americans are expected to spend nearly $30 billion on gift cards, according to the National Retail Federation. Gift cards are a popular choice for Christmas stocking stuffers, but there are some important things to consider when giving or receiving them.

Paytronix, which tracks restaurant gift card sales, reports that around 70% of gift cards are used within six months. However, many cards are forgotten or otherwise unused, resulting in tens of billions of dollars’ worth of unused cards.

Gift cards can have expiration dates or inactivity fees that vary by retailer. To avoid these fees, it’s important to check the terms and conditions of the card before purchasing. It’s also important to remember to use the card before the expiration date.

Restaurant gift cards are the most popular type of gift card, making up one-third of gift card sales. To ensure that your gift card is used, it’s important to remind the recipient to use it.

Gift cards can make for the perfect Christmas stocking stuffer, as long as you remember to use them. By following these tips, you can make sure that your gift card is used and enjoyed.