New Jersey is Collecting Unused Gift Cards
Reported as a top story in NJ.com, the state of New Jersey is currently collecting unused gift cards. Unclaimed or unused gift cards serves as a potential source of revenue for the state of New Jersey. However, the main source of income will come from unused travelers checks.
The state will also be requiring gift card sellers to get the zip code of the purchaser so the value can be obtain if unused after 2 years. However, this does not mean the the gift cards will expire after 2 years; shoppers will still be able to redeem these gift cards after 2 years of no-use.
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