Cash is king among Gen-Zs hoping for financial gifts this Christmas – survey

Cash is king among Gen-Zs hoping for financial gifts this Christmas – survey
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Cash is king among Gen-Zs hoping for financial gifts this Christmas – survey
Author: Vicky Shaw
Published: Dec, 21 2024 00:01

Summary at a Glance

Cash is king among Gen-Zs hoping for financial gifts this Christmas – survey Cash is the most popular way for young adults to receive financial gifts at Christmas, a survey indicates.

Nearly half (49%) of 16 to 24-year-olds surveyed said they would prefer to receive cash as a Christmas present, according to research for cash access and ATM network Link.

Two-fifths (40%) of people in this age group would be happy to receive a voucher, while just over a third (36%) would welcome a bank transfer as a festive gift.

Nearly a fifth (19%) of people surveyed said, however, that they would not want to receive a financial gift.

Across all age groups, gift cards and vouchers were found to be the most popular way to receive financial gifts at Christmas.

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