Michael "Dog3" wrote:

> CNN had a short blurb about this a few days ago. I wasn't paying real
> close attention but IIRC, expected losses to consumers would be at
> about $100 million this year. I don't remember the "expert" they had
> on with this prediction but I was surprised to learn that even in
> good times something like 25% of gift cards go unredeemed.

That's why stores love them, it's free money. Better yet if
they can chip away at the amount with fees, it's all good.
Unless you're the one just carrying around the card and not
using it.

I think Consumer Reports is trying to get a law passed where
the store has to set aside gift card income so that if they go
bankrupt, the card holders will be paid.

nancy