Gift cards are increasing in popularity all around the country. They’re especially good for those people you really don’t know how to shop for. That’s why, if you have a birthday coming up or this Christmas, there’s a good chance that you’ll be handed a greeting card with a gift card inside – by a co-worker, friend or even a neighbor. The thing is, even though gift cards are becoming more popular than ever, they don’t always get used. In fact, there is a growing problem in this country that revolves around unclaimed gift cards. With so much money piling up, to the tune of millions of dollars, you might want to conduct a search to see if you can possibly find unclaimed gift cards in your name.
You know the gift cards that are usually given out as presents or rewards instead of actual gifts? Well these to are starting to pile up. Well not each of the actual physical gift cards but the actual cash value of all of these cards is finally adding up. The total estimated figure of this staggering amount is somewhere to the tune of $6.8 billion by the last and most recently updated count. With all that money to contend with, state treasurers are at a loss as to what they should do about this specific problem. They already have enough on their plates and with these types of gifted funds starting to really add up they are frustrated and actually stumped as to how to properly and effectively handle this growing situation.
Unclaimed gift cards have become a new source of unclaimed money in America. Here are some gift card related statistics that intends to reveal the gift card circulation in America and the volume of unclaimed gift cards that are in the unclaimed money pool:
Expired gift card money has been a concern this holiday season. The gift season is in full glory starting from Thanksgiving up till the New Year. The chances are that you are either the recipient of a gift or you are planning to give a gift to someone close to your heart. Gift cards are the most common form of gifts being exchanged during the holiday season.
When you perform a free trial search on CashUnclaimed.com we display the
total dollar amount in unclaimed funds that we show reported by the appropriate
government agencies. This does not guarantee that this money is 100% absolutely
yours. What it means is that there is that total dollar amount shown by
government agencies under your name and common variations of your name at
the last time we had the information available to us was reported as unclaimed
and is able to have a claim form submitted to be paid that amount. For more