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I don't think it is. I always just re-gift (or simply give away) my unwanted gift cards. I think the bigger problem is people simply forget they even got them t
by jacktasia 17y ago
I don't think it is. I always just re-gift (or simply give away) my unwanted gift cards. I think the bigger problem is people simply forget they even got them to begin with... and they become hidden in their wallet or drawer. The big box stores love this because the gift cards are already an interest-free loan...but this way they are just free money plain and simple. So the idea that these startups are going to work with these stores in someway to "solve" this problem seems unlikely.
- drm237 17y agoWait, so you "give away" gift cards that you won't use while this site gives you the ability to sell those gift cards which means money in your pocket and you don't think they're solving a valid problem?
- anamax 17y ago> they become hidden in their wallet or drawer. The big box stores love this because the gift cards are already an interest-free loan Gift cards are often better than an interest-free loan. In some/many states (not CA), the issuer can impose "inactivity" charges. Yup - while it's sitting in your drawer, they get to bleed the card's value down to $0.
- rbritton 17y agoIn most states they can expire too. http://www.consumersunion.org/pub/core_financial_services/003889.html http://www.consumersunion.org/pub/core_financial_services/00...