Do you have unused gift cards lying around? Well, it’s time to put them to good use!
Holiday gift cards are a big business. According to the National Retailers Federation (NRF), sales of gift cards reached almost $25 billion in 2008. A new NRF study shows that 55.2% of adults are hoping to receive a gift card this year. However, many households still have unused gift cards from the last holiday season. According to a new Consumer Reports survey, 25% of adults that received a gift card in 2008 have yet to redeem at least one of the cards.
Most of us don’t realize, but many gift cards have an expiration date, and many cards start deducting monthly fees after a certain period of time. So, whether you want to treat yourself or get a jumpstart on holiday shopping, put your gift card dollars to good Fab & Fru- use before it’s too late!
For more great info read Lita Epstein’s entire article Beware the Hidden Costs of Gift Cards.| Print