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$1.7 billion in gift cards went unused last year


Gift cards are an easy gift, and typically the most practical way to make sure the recipient gets exactly what they want.

But according to CEB Tower Group, about $1.7 billion in gift cards went unused last year. The finance group warns whatever you do, don't stick the unwanted gift card in a drawer and forget about it. They say there are other options.

You might be able to swap it online at sites like card-pool-dot-com or giftcardgranny.com. Shoppers might be able to trade a card or even sell a gift card for close to face value.