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Why are there so many unused gift cards? What should I do with unused gift cards?

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won
2023-05-08 / 328 read / 604 word

According to the 2023 survey data, gift cards have become a popular gift method, especially during festivals or special occasions. However, many people may encounter a problem: the gift card received is not used in the end. So, what to do with unused gift cards?

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This article will discuss from the following three aspects:

1. Why there are so many unused gift cards.?

2. What to do with unused gift cards?

3. And how to avoid the waste of unused gift cards?

First, let’s understand why there are so many unused gift cards. According to the National Gift Card Association, more than $30 billion in gift cards go unused each year in the U.S,and billions of dollars globally. In fact, this is a common problem because sometimes people leave gift cards in an obscure place and wait until they expire before they are discovered. At the same time, some people may also forget to use gift cards in the busyness of daily life at work and at home. Also, some may view gift cards as a collectible rather than a useful spending tool.

So, what should we do with those unused gift cards? First of all, we can give it to friends or family members so that they can enjoy the benefits provided by the gift card, and you can check the expiration date on the gift card to ensure that they have not expired. If you can use it, you can also try to resell it on some gift card marketplaces, such as the Won.store gift card trading platform, etc. It puts your gift cards on resale, allowing you to sell them at a discount.

In fact, this is an option that makes sense because the Won.store gift card exchange can turn unused gift cards into actual money. For example, you can sell your unused gift cards on the Won.store gift card exchange for some cash back. According to research from the Won.store gift card trading platform, in 2021 alone, they helped customers redeem $110 million worth of gift cards. The Won.store gift card platform has an advantage in price, and is also highly competitive in terms of transaction speed, service quality, cash withdrawal speed, and security. We are very professional in providing gift card trading services, and we are constantly optimizing and improving our services, so that users can better complete gift card transactions on our platform more simply, faster and more securely.

Finally, for further confirmation let’s look at some data to better understand the scale of gift card waste. According to a WalletHub survey, US consumers wasted $2.9 billion in gift cards in 2020, which is equivalent to the annual sales of more than 300 supermarkets across the country. Additionally, another study showed that US consumers waste an average of $500 million in gift cards each year, and that 30% forget to use their gift cards within 12 months. This data shows that gift card waste is a very common problem that requires action to be taken to avoid it.

Therefore, we need to realize that the waste of unused gift cards is a real problem, not only wasting money, but also affecting the consumer experience. There are steps we should take to get the most out of these gift cards and keep them from going to waste. In conclusion, unused gift cards can be disposed of in many ways, including gifting to friends, family, selling your unused cards on the Won.store gift card trading platform to get more cash to add to your wallet.




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