Report: Americans hold onto $21 billion in unused gift cards

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Report: Americans hold onto $21 billion in unused gift cards
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Nearly half of all Americans are holding onto $21 billion in unused gift cards, according to a new report.

You may want to check your junk drawer. Nearly half of all Americans are holding onto $21 billion in unused gift cards, according to a new report from Creditcards.com. That averages out to about $175 per person.

Gift card expert Shelley Hunter told CBS News that it is important to treat a gift card like cash and keep it next to your credit cards. In addition, stores in at least 12 states will give you cash back if you have a small leftover balance.

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