Billions of dollars are tied up in unused gift cards

Feb 6, 2020
More than the deposits held by many banks, according to the Federal Reserve Board of Governors.
Justin Sullivan/Getty Images

Restaurant gift cards are getting more popular as holiday presents

Jan 10, 2020
As gift giving has shifted toward experiences and not physical items, restaurant gift cards are getting more popular. And restaurants are catching on.
Ed Jones/AFP via Getty Images

Why consumers and retailers alike love gift cards

Dec 24, 2018
There’s even something in there for the government.
 That wall of different gift cards hanging on hooks at the end of a drugstore or grocery story aisle actually has a name: the gift card mall.
Justin Sullivan/Getty Images

Why do grocery stores sell gift cards to other places?

May 25, 2017
All sides get something out of the deal.
 That wall of different gift cards hanging on hooks at the end of a drugstore or grocery story aisle actually has a name: the gift card mall.
Justin Sullivan/Getty Images

Gift card fraud could ruin your holiday

Nov 23, 2016
Gift cards are a convenient gift, but they can also be targeted by scammers.
Gift cards are on display at a Wal-Mart store, in Panorama City, California, 23 November 2007.
ROBYN BECK/AFP/Getty Images

Gift cards help Baton Rouge flood victims get the items they really need

Sep 19, 2016
One organization's search for the best way to get people what they needed, fast.
Patti Clement in front of her home in Baton Rouge, where she has lived for 14 years.
Nina Feldman

Wal-Mart aims to make a buck from your gift card

Dec 26, 2014
You can swap it for a Wal-Mart card, but you'll get less than face value.

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7 tips to prevent a gift card nightmare

Feb 22, 2013
Gift cards that can be used anywhere are now more popular than cards for specific stores, like Best Buy, Apple or Barnes & Noble. But these general purpose cards come with strings attached for both those who give and receive…

Missouri residents cash in on unused gift cards

Dec 28, 2012
In Missouri the law requires retailers to turn over proceeds to the state if a gift card remains unused for more than five years. The Missouri state treasurer says his office has millions to return to consumers.

The economics of gift giving

Dec 7, 2012
Not sure what to give your Secret Santa? Here's some advice on how to re-think the gift-giving process so that everyone is left satisfied.