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National Use Your Gift Card Day – January 20, 2024

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carolinakid

carolinakid

Joined
Oct 20, 2021
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On the third Saturday of January — January 20 this year — make a pact to celebrate the National Use Your Gift Card Day. Yes, we know this isn’t easy. You’ll have to dig up all the old gift cards scattered in your room, and it’s just too much effort. But can you imagine how much you will benefit once all the neglected gift cards get redeemed? The gift cards could even help you get that designer watch on sale — or a gift for your partner since Valentine’s Day is quite near. So stop being lazy and finally put those cards to use!

History of National Use Your Gift Card Day​

Gift cards are a blessing in disguise for those with no time to shop or who don’t know what to buy for a distant relative or a new friend. It is a plastic card that resembles a credit card. Gift cards are traceable by an online electronic system and can be used to pay for things within a certain amount. Since gift cards are so easy to carry — and the easiest option to turn to during a holiday — they have become one of the most popular gifts lately. However, the people who receive gift cards often forget to use them. According to research by Mercator Advisory Group, Inc, $3.5 billion in gift cards go unredeemed every year. It is a shocking number. Well, you might not realize it, but there might be several gift cards lying around in your house, begging to be swiped!
To counter this problem and to make sure these cards no longer go to waste, Tracy Tilson founded the National Use Your Gift Card Day in 2020. Tilson believes that gift cards should either be cashed up or donated for a good cause. After all, no one is going to benefit if the card expires. The day is set in support of the National Use Your Gift Card Day movement as well. On this day, several online retailers and stores launch incentives that encourage shoppers to utilize their gift cards. Several major retail industries are also supporting the holiday.
 
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