Category: Gift Cards

Social Gift Card Exchange Launched

- According to TowerGroup, the gift card industry was worth $87 billion in 2009 alone. However, 6 percent of this huge figure – nearly $5 billion – was wasted due to gift cards that went unused. To help consumers take advantage of this five-billion-dollar untapped resource, CardHub.com is pleased to announce the launch of the [...]

Press Release | Apr 22, 2010

Gift Cards Easy To Buy, Harder To Use

Each year, roughly 10 percent of the value of all consumer gift cards remains unspent, while another percentage is forfeited to monthly fees. That means that one out 10 gift cards are lost or people don’t get around to using them.

George Gombossy | Nov 24, 2009