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Old 11-13-2007, 07:49 AM
 
989 posts, read 3,550,994 times
Reputation: 584

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They are starting a campaign today in the NY Times. They say retailers made $8B last year in unredeemed cards:

Consumer Reports Badmouths Gift-Card Industry - Advertising Age - News
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Old 11-13-2007, 01:46 PM
 
5,654 posts, read 17,476,509 times
Reputation: 3996
I heard on the news today: they polled teens - and they voted gift cards are "lame". They just want the cash.
I am ambivalent about gift cards. Give only when I have to.
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Old 11-14-2007, 05:25 AM
 
Location: on an island
13,383 posts, read 41,227,183 times
Reputation: 13262
I used to use gift cards back when they really worked like cash.
But that is not the case anymore.
My sons love my middle brother because for birthdays and holidays he always sends cold hard cash.
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Old 11-15-2007, 04:11 PM
 
Location: The 12th State
22,974 posts, read 59,173,492 times
Reputation: 14957
some have short expiration dates and some even charge a fee to the user of the gift card buyer beware.
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Old 11-15-2007, 06:22 PM
 
Location: home...finally, home .
8,267 posts, read 18,723,616 times
Reputation: 17856
some have short expiration dates and some even charge a fee to the user of the gift card buyer beware.

They are not supposed to do this. I thought that a new law had been passed. (It has in NY).
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Old 11-15-2007, 06:47 PM
 
Location: FL to GA back to FL
894 posts, read 4,000,895 times
Reputation: 427
I only give my 19 year old son gift cards. Best buy, Publix, Walmart, etc., then I know for sure that he won't blow the cash on things he is not supposed to!
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Old 11-16-2007, 11:50 AM
 
392 posts, read 1,722,690 times
Reputation: 296
California has a law that protects against gift card expiration dates. If you have one that has expired just send it out here
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Old 11-17-2007, 04:14 PM
KB4
 
Location: New York, New York
424 posts, read 1,143,797 times
Reputation: 314
I wonder how much retailers made last year on gifts that were never worn or used.
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Old 11-17-2007, 06:34 PM
 
Location: Coastal Georgia
38,066 posts, read 46,868,297 times
Reputation: 64076
Nothing says, "I don't really care enough about you to spend the time and effort to shop for a gift I think you might like", more than a gift card.
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Old 11-17-2007, 08:37 PM
 
Location: Palm Beach Gardens, Fla
1,888 posts, read 7,217,296 times
Reputation: 1534
It's a ploy to stimulate the economy (I'm guessing). They want us to buy stuff, stuff and more stuff. I have no problem buying and receiving gift cards--it's great for people on a budget because then they can buy what they really want (or need) at a later time. I don't see what difference it makes if they use it or not--its the same thing if I spent all this time and effort selecting a gift only to find out, months later, it's been returned or exchanged. At least gift cards can help cut down the return lines on the 26th.
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