Shatel Huntley has a Bachelor's degree in Criminal Justice from Georgia State University. In her spare time, she works with special needs adults and travels the world. Her interests include traveling to off the beaten path destinations, shopping, couponing, and saving.

5 Ways Companies Are Making Millions From Your Gift Cards

5 Ways Companies Are Making Millions From Your Gift Cards

Gift cards are a popular and convenient present for many occasions, but they also provide significant financial benefits for businesses. Companies earn millions from gift cards through various methods, including breakage, service fees, and increased spending. Understanding these revenue streams can help consumers make informed decisions about their gift card purchases. 1. Unused Balances Let’s…