Journal Article

Gift cards - facts and cautions regarding a widely used financial product


Abstract: Gift cards have grown in popularity for many reasons. They are a convenient option for any occasion requiring a gift, and a step up from giving cash. Some receivers (or observers) may consider a gift card an impersonal gesture, but the cards are practical in that the receiver obtains something he/she will likely use.

Keywords: Credit cards; Consumer credit;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Profitwise

Publication Date: 2007

Issue: May

Pages: 14-16