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28 Dec: 5 Things To Know About Using Those Holiday Gift Cards

Gift card burning a hole in your pocket?

Chances are, you probably received a piece of the $26 billion in gift cards given out this holiday season.

Gift cards for consumer electronics were among the most popular gifts this year. The cards are desirable because they’re convenient and let recipients get the things they really want.

But people don’t always take full advantage of them. An estimated $45 billion in gift cards has gone unredeemed since 2005, according to CardHub.

Here are a few tips for making sure you get the most out of your gift cards:

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29 Nov: Best Buy Cyber Week Deals Start Today; Doorbusters Still Available

Millions of customers shopped BestBuy.com and Best Buy stores over Black Friday weekend, scoring doorbuster deals on top brands, including Apple, Samsung, Sony and Microsoft.

Highlights from Thanksgiving and Black Friday include:

  • Shoppers bought hundreds of thousands of TVs, with tremendous interest in 4K TVs.
  • Gaming was also hot, with consoles and games filling up carts.
  • Customers purchased twice as many wearables, including smartwatches and health-and-fitness trackers, as they did a year ago.
  • Shoppers bought millions of entertainment gifts, such as movies, music and games.