Stars and Stripes stripes.com 25 Dec, 2020 20:30 am

Here's how to easily check your Christmas gift card's balance and protect it, and other tips

Here's how to easily check your Christmas gift card's balance and protect it, and other tips
Year after year, gift cards continue to be among the most popular holiday gifts and 2020 was no exception. Total holiday spending on gift cards was expected to reach $27.5 billion.

Here's how to easily check your Christmas gift card's balance and protect it, and other tips Gift cards for sale at a Best Buy store in Minnesota.STAR TRIBUNE/TNS Year after year, gift cards continue to be among the most popular holiday gifts and 2020 was no exception.Gift cards were the second most popular gift (behind clothing and accessories) for 49% of consumers surveyed who said they planned to purchase between three and four gift cards, according to the National Retail Federation's annual holiday survey.Total holiday spending on gift cards was expected to reach $27.

adults have more than $20 billion in unused gift cards and other credits like airline vouchers.While the average value of unused cards and store credits was $167 per person, Bankrate found those with annual incomes of $80,000 or more had the highest average unused value of gift cards compared to $93 for those making under $40,000 and $135 for those making between $40,000 and $80,000.

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