Americans throw away $23 billion in unused gift cards, data shows

ByJason Knowles and Ann Pistone WLS logo
Saturday, April 20, 2024
Americans throw away $23 billion in unused gift cards, data shows
Here is a quick tip to save extra money. Americans are throwing away $23 billion in unused gift cards, data from Prepaid2Cash shows.

CHICAGO (WLS) -- Here is a quick tip for any gift card holders.

About $23 billion dollars in gift card funds are going unused in the U.S., according to data from Prepaid2Cash.

Those who have an extra gift card laying around should try use it before they lose it. Check drawers in case you have some laying around that your forgot about.

If you don't want the card, you can re-gift it to save on a future birthday or holiday present.

People should make sure to call and check how much money is on the card beforehand.

RELATED | How to unload your unwanted gift card for a better one

You can also donate gift cards to charities so they can buy items they need.