Many Canadians leave $136 unspent on gift cards; expert suggests repurposing them by gifting, selling, or donating.

Many recipients of gift cards end up not using them fully, with 40% of Canadians failing to redeem the full balance, leaving an average of $136 unspent. Natasha Macmillan from Ratebub.ca suggests repurposing these cards by giving them to friends or family, selling them on platforms like Facebook Marketplace or Kijiji, or donating them to charities for a tax receipt. Charities such as Covenant House Toronto use gift cards to help young people in need with essentials and treats.

3 months ago
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