Follow Us: Google+
 
Bankrate.com

credit cards

E-cards surge in popularity

Gift Cards » E-Cards Surge In Popularity

Listen to audio

Editor's note: This is a transcript of the audio file.

Just when you thought the popularity and ease of gift cards couldn't get any bigger or better, consumers have another instant way to give a gift this holiday season. I'm Kristin Arnold with your Bankrate.com personal finance minute.

2011 is the year of the e-card. Big retailers such as Best Buy, Gap and Pizza Hut, among others, and one major card issuer - American Express - all introduced e-cards since last year's survey.

According the National Retail Federation, 57.7 percent of shoppers say they'd like to receive a gift card this holiday season.

Bankrate.com's 2011 gift card study surveyed 63 gift cards, eight network-branded gift cards and 55 other gift cards. In all, more than half of the cards in the study were available as e-cards, too.

Outside of the growing convenience of gift cards - most retailers in Bankrate's study also have no dormancy or maintenance fees and most importantly - no expiration dates - making them all the more popular.

To read the 2011 Gift Card Exclusive ... just log onto Bankrate.com. I'm Kristin Arnold.

advertisement

Show Bankrate's community sharing policy
            Connect with us
Compare Credit Card Rates



advertisement
Most Read
  1. No more Social Security at 62?
  2. What TV homes cost in real life
  3. Bruce Willis' house for sale
  4. 5 frugal ways to expand living space
  5. What it takes to remodel kitchen
  6. Naughty things credit card won't buy
  7. Danny Bonaduce's house for rent
  8. 12 'meanest' cars for the environment
  9. 10 ways to turn off a homebuyer
  10. Top 10 states for foreclosure
Credit Card Averages
Product Rate
Balance Transfer Cards 16.00%
Cash Back Cards 16.34%
Low Interest Cards 10.93%
Rewards Cards 15.80%
Compare rates:
 

A little research could save you BIG on interest.

Don't have time? Our rate-tracker tool saves you time and money. Delivered Thursdays.
 
advertisement
Another study shows the imperfection of credit reporting. Almost 1 in 4 encountered problems with their credit reports.
Partner Center
advertisement

Advertising Disclosure: Bankrate.com is an independent, advertising-supported comparison service. Bankrate may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.