Consumerist.com tells us 10 Reasons Why Gift Cards Suck
Money Manifesto.com explains Why You Should Avoid Gift Cards At All Costs – Fraud Sucks
Each year an estimated $1 billion on gift cards go unredeemed, while $5-7 billion on gift cards expire.
I'll explain a few experiences I've had with them.
It may seem cold, but cash is everybody's friend. I'm certain all too many times gifts enclosed with refund receipts end up being cashed out anyway. Same goes with wedding gifts. Who wouldn't prefer cash over a bunch of over priced items from their registry list?