Now, Have you ever been guilty of being given
a gift card and then just letting it sit around
until you forgot about it? Well apparently you weren't
the only one. According to a new survey of
more than 1200 americans, nearly two thirds have at
least one unspent gift card. Additionally the credit summit
report found that at least half of those surveyed admitted
losing a gift card before they used it. The
report estimates that there is as much as a whopping
$21 billion$200 or less. But there is some
good news according to federal laws, gift cards don't
expire until at least five years after their activated,
so there's still time to spend those gift cards and
last year's are like a decade old and have any
of these. Yeah, I have time. And
the weirdest part is they're all like$5.06 dollars.
Like they're all like really sort of small increments here
. But I think a lot of these companies expect
you to forget that you have these gift cards which
is why I love it when companies like amazon or
others allow you to implement the gift card online and
then it just stays there whenever you make your next
purchase rather than just keeping that gift card in your
wallet. Yeah baker does seem like a bit of
a racket here