This Gift Cards Chart Explains Why They're the Most Coveted Present

By: Michael Hemsworth - Dec 9, 2012
Giving the perfect gift is most definitely one of the most satisfying feelings, but this gift cards chart explains why the most coveted gift this holiday season is nothing but a piece of plastic.

2012 is a monumental year for the gift card as by the end of the year, over $110 billion will have been loaded onto them with projections estimating that that figure will rise to over $138 billion by 2015. A peculiar comparison is made for the number of cards in production: if they were put end-to-end, gift cards could go back and forth between earth and the moon 23 times. The large portion of gift card money that was lost in previous years is on a steady decline, but the percentage of fraud is on a steady increase.