The Economics Of Unused Gift Cards | Hustlenomics

The Hustle · Intermediate ·📰 AI News & Updates ·3y ago
Subscribe to The Hustle Daily Newsletter now: https://clickhubspot.com/6n3 Unused gift cards are ubiquitous among American consumers. According to an August 2022 survey, “47% of US adults say they have at least one unused gift card, voucher, or store credit.” That totals $21B in unspent cards nationwide. But what happens to those untapped funds over the years? The Hustle breaks down how companies capitalize on your gift-card graveyard. This original story was written by Zachary Crockett. To read the original story, visit: https://thehustle.co/what-happens-to-unused-gift-cards/?walled=true.
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