There are a ton of different stats on gift card redemption rates.
Get Gift Card Redemption Laws
Gif. If you are having trouble redeeming your gift card pin, take a moment to look over the redemption process for gift cards. The cash redemption is not required if the initial value was $5.
Can T Redeem No Expiring Gift Cards Microsoft Community from filestore.community.support.microsoft.com
Still no resolution on my gift card redemption issue. For instance, on march 31 it was reported that capital one removed the gift card redemption option from its credit cards. The cash redemption is not required if the initial value was $5.
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Make sure that you enter the redemption code that begins with x, not a different number on the card. Colorado state gift card law: In colorado, any card with a cash value of $5 or less may be redeemed for cash upon request. Allow gift card recipients to redeem the gift card credit for payment on any before starting any gift card program, it is important that you talk with a legal and financial advisor.