Use Your Gift Cards

Many Gift Cards Never Get Used!

Did you get a gift card for Christmas from family members, a friend or perhaps co-workers? Well, it may not look like cash, but it is as good as cash and it is amazing how many of these cards never get redeemed. Making them a very profitable item for the retailer.

In Canada gift cards can not expire, however, they are just as likely to collect dust on a shelf or in a drawer someplace and never get used if you are like many people. There is a gift card exchange website in Canada which claims we spend about $6 billion a year on gift cards, and that nearly $1 billion are never redeemed. The site www.cardswap.ca offers to sell your unwanted gift card for a % of the face value which may be an alternative if you have a gift card you simply would never use.

I know my wife has a $100 spa visit gift card she received as a gift two years ago, and it still occupies a space on the side of the fridge under a magnet. So, look around and you too could have a few dollars just laying around which you might be able to put to good use.