Sunday, July 12, 2009

Money & Business

The Etiquette of Regifting

By Emily Brandon
Posted 11/22/06
Page 2 of 2

Gift cards are regifted too. Thirty percent of people have regifted gift cards or gift certificates, Tassimo found. Alternatively, you could sell, albeit at a discount, or swap your gift card for a different store on swapagift.com for a $3.99 listing fee, regardless of the amount on the card. "Sellers can turn their gift cards into cash," says Michael Kelly, the president and chief operating officer of the Langhorne, Pa.-based company. "Swappers can trade them for cards they really want."

Laughter is the greatest gift of all. A new website, www.regiftable.com, created by the Houston-based nonprofit organization Money Management International, provides a forum for sharing regifting experiences, which range from horrifying to hilarious. One poster, Jennifer Aither, an insurance agent in Ripon, Wis., has a family tradition of regifting. For nearly 20 years a peanut butter maker has been passed off as a gift at weddings, anniversaries, and birthdays. Aither has it now, but she plans to pass it along to a cousin at an upcoming baby shower. "It's become a huge joke," Aither says. "It was so obvious to me that it was a regift that I had to laugh. It's so tacky, it's funny."

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