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The Buzz: Gift cards most popular gift
88% of people will buyg gift cards this year
Updated: Monday, 21 Nov 2011, 12:07 PM EST
Published : Monday, 21 Nov 2011, 12:07 PM EST
(FOX Providence) - As people start holiday shopping, apparently gift cards will again be at the top of most people's shopping lists. They are in fact the most popular holiday gift.
Eighty-eight percent of people will buy gift cards this season, that's up from 77 percent last year. But, along with the rise in popularity of gift cards has come a growing number of sites dedicated to selling those cards for plain old cash instead.
Cardcash.com and plasticjungle.com are just a couple of the gift card exchange sites where consumers can either hawk their gift cards for roughly 90 percent of the face value, or buy gift cards at 10 to 15 percent off.
Discussion: Do you give gift cards as gifts?
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