Americans lose billions annually from unused gift cards, experts urge quick use and digital storage.

Nearly $21 billion in gift cards go unused annually in the US, with 60% of Americans having at least one unused card. Despite spending $28.6 billion on holiday gift cards this year, experts warn that holding onto them can lead to value loss due to inflation, store closures, or misplacement. They recommend using gift cards quickly, storing them in digital wallets, and choosing cards from well-known retailers with user-friendly apps.

3 months ago
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