New York State Comptroller Thomas DiNapoli’s Office says New Yorkers should keep track of their gift cards they may have received this past holiday season and to spend them. Any unused gift card balances can be turned over to the Comptroller’s Office of Unclaimed Funds after 5 years of inactivity. DiNapoli’s Office says in 2023, over $27 million dollars was recovered from gift cards.
“Many people don’t realize that after 5 years, unused gift card balances are turned over to the Comptroller’s Office of Unclaimed Funds,” DiNapoli said. “Now is a great time to check for unclaimed funds and use those gift cards you received over the holidays to avoid possible inactivity fees or having the money turned over to my office.”
An average of $1.5 million dollars in unclaimed funds is returned every day. The New York State Comptroller’s Office has made it simply to look up unclaimed funds and if you’re entitled to any. You can find out by clicking on the link HERE.