Check your junk drawer — a new survey shows Americans have unspent gift cards totaling about $21 billion
Gift cards are an easy solution during the holiday season, but a lot of it — almost $21 billion — goes unspent, according to a December"Gift cards are popular, but for some reason, Americans seem reluctant to cash them in," wrote Rebecca Stumpf, the website's vice president of editorial and public relations.
But more than one-third, or 36.4% of survey respondents say they are saving the gift cards for a special occasion, while 23% of them say they are waiting until they need something from the particular retailer. Over half, or 55% of survey respondents said their unredeemed gift cards were worth $200 or less.
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