We've Bought $41 Billion in Unused Gift Cards Since 2005

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We've Bought  Billion in Unused Gift Cards Since 2005

Gift cards are the laziest, lousiest, a lot of convenient, accepted and broadly accustomed present. And this is your annual admonition of just how abundant they stink. Back 2005, we've tossed out added bulk in allowance cards than the absolute GNP of Ghana.


We've Bought  Billion in Unused Gift Cards Since 2005
The Vile History of Allowance Cards and How They Came to Destroy Christmas The Vile History of Allowance Cards and How They Came to Destroy Christmas The Vile History of Allowance Cards and How They Came t

Gift cards accept broke Christmas. An absolutely black fact: They're the a lot of accepted present … Apprehend added Read more

$41 billion is appealing harder to defend. We're lazy; we accept things to do; we... didn't absolutely wish the abuse things in the aboriginal place. Things accept gotten a little bigger over the accomplished few years, back the Agenda Accountability, Responsibility, and Disclosure (CARD) Act anesthetized in 2009, but in 2011 there are already $2 billion in bare cards. That's down from $8 billion in 2007, but still, $2 billion a massive bulk of waste.

According to TowerGroup, which provided the allowance agenda data, 85 percent of allowance cards are acclimated aural 65 days. After that? Not so great. So do yourself a favor and get out there and in fact absorb the money your acceptable but awful boorish ancestors associates able to you this anniversary season. [ABC News]

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