this post was submitted on 25 Dec 2023
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Gift cards make great stocking stuffers — just as long as you don’t stuff them in a drawer and forget about them after the holidays.

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. Paytronix, which tracks restaurant gift card sales, says around 70% of gift cards are used within six months.

But many cards — tens of billions of dollars’ worth — wind up forgotten or otherwise unused. That’s when the life of a gift card gets more complicated, with expiration dates or inactivity fees that can vary by state.

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[–] hahattpro@lemmy.world 16 points 6 months ago (6 children)

Why buy gift card ? just gift cash.

[–] Xabis@lemmy.world 3 points 6 months ago (1 children)

Reward points if using a credit card to purchase.

Also, some stores in the states at least, like Kroger, give their own points for fuel.

[–] joenforcer@midwest.social 12 points 6 months ago (2 children)

Also cash feels much less personal when giving a gift.

"I know you like X, so here's a gift card to experience more of X" feels more thoughtful than "here's some green cotton, do whatever".

[–] crashoverride@lemmy.world 2 points 6 months ago

I'd much rather just get the green cotton

[–] matjoeman@lemmy.world 2 points 6 months ago (1 children)

Except most people give gift cards to places I don't actually shop at.

[–] SnotFlickerman@lemmy.blahaj.zone 2 points 6 months ago

This is the one.

Grandma sends you a $150 gift card to Brookshires but you live on the West Coast, a few thousand miles from the nearest.

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