DiNapoli Urges New Yorkers To Spend Holiday Gift Cards
New York State Comptroller Thomas P. DiNapoli is urging New Yorkers to keep track of gift cards received during the holidays. When gift cards aren’t used for five years, their balances may be turned over by retailers to the Comptroller’s Office of Unclaimed Funds (OUF). In 2024, the office recovered over $21 million from gift cards, more than three times the amount received in 2014 ($5.8 million). New Yorkers are encouraged to spend holiday gift cards early this new year and remember to check for unclaimed funds.