Interesting Gift card facts
Gift cards are the most requested gifts
- followed by clothing, CDs/DVDs, games, toys, videos and books
- more than 50% of consumers would like to recieve one
- almost 70% of consumers plan to buy gift cards as gift
- they are the second most given gift in United States
- on average men spent more on gift cards than women
Why are gift cards so popular?
- gift cards allow recipient to select their own gift
- they are appropriate or all occasions
- gift cards are easier to ship than classic gifts
- they are also easier to buy
- recipient don't have to deal with merchandise returning
There are two main types of gift cards
- Open Loop cards that are issued by Visa, Mastercard, American Express ... and can be used anywhere were those cards are accepted
- Closed Loop cards that are issued for specific stores only
- sometimes there are also Hybrid Closed Loop cards when the issuer has bundled a number of closed loop cards (big malls often use them)
Unused Gift cards
- on average everyone is United States have 5 unused gift cards
- that's in total more than $8 billions of unredeemed gift cards
- teens redeem more of their cards than adults
- so search your drawers and check if the ones you have aren't expired
Other Gift card info
- the average value of gift card is $35
- most popular are Store gift cards followed by Restaurant gift cards
Popular Free Gift Card Offers: