Survey: 43% of Americans have at least one unused gift card
Katie Kelton | (TNS) Bankrate.com
If you’ve ever found a stray gift card in your car’s glove compartment or the recesses of your wallet, you’re in the company of more than 2 in 5 U.S. adults (43%) with an unused gift card, gift voucher or store credit.
Those unused gift cards add up — to $244 per person on average, according to a new survey by Bankrate. That card you found could be equivalent in value to a flight, nice pair of shoes or tablet.
Learn more about which Americans are most likely to have unused gift money and why they’re not cashing it in.
More than 2 in 5 Americans have at least one gift card, gift voucher or store credit they haven’t used. That’s 43% of Americans who have an unused gift card, compared to 52% who don’t and 6% who aren’t sure.
The average amount in unused gift cards, gift vouchers or store credit is $244 per person. That’s much higher than in 2023, when Americans had $187 in unused gift cards, gift vouchers or store credit.
More than 1 in 3 Americans have lost money with a gift card misstep. That’s 34% total, with overlap among 20% who let a gift card expire, 17% who lost a gift card and 12% who had a store go out of business before they used their gift card.