Patricia Gibson MP
North Ayrshire and Arran MP Patricia Gibson has renewed her calls on the UK Government to protect shoppers from losing out on millions of pounds of gift card cash.
The UK Gift Card and Voucher Association estimates the UK gift card market to be worth around £6,000 million a year, with around £300 million going unspent. The minimum period and policies for gift cards vary across retailers, and some have very short or hidden expiry periods with no indication on the card of when this arbitrary date may be. As a result, many people end up losing their money because the card has expired and the retailers effectively get money for nothing.