Wednesday, May 18, 2022

Can You Exchange Gift Cards

Pay Your Bills With Your Visa Gift Card

How to turn unloved gift cards into cold hard cash after the Holiday season

Using your gift card to pay a bill is exactly the same as converting your Visa gift cards to cash although youll never actually get to see the money.

Just remember that because the Visa gift card is treated the same as a credit card, youll also incur any credit card fees, so make sure you do the math to confirm that its worth it.

BOOST YOUR INCOME TODAY

Need to make more money but dont want to waste your time?

See what 7,800+ people said were their top ways to make money so you too can earn extra cash as fast as possible.

Get it free for a limited time!

Got it!

Check your inbox to grab your free guide!

Youll also join our mailing list to get updates on how to make and save money unsubscribe at any time at the end of each email.

How do you liquidate a Visa gift card by paying bills?

You can use a Visa gift card to pay bills with any billing provider that accepts Visa credit cards for bill payments. This is because Visa gift cards are treated exactly the same when it comes to making this payment.

Not every single company will allow this, but youll almost certainly be able to use your card in this way for things like topping up your phone credit, buying groceries and gas or renewing your subscription at the local yoga studio.

Related: How to Live Cheap: 54 Frugal Living Tips to Save You Money

Use The Visa Gift Card To Pay Your Bills

The next method, which is as good as getting liquid cash, is using the gift card to cover your bills. This can be done with the free service called Plastiq as mentioned above.

You can do this in the following ways:

  • Pay large bills like your mortgage, car payment, and more

Since you would have used cash to pay for the installments of loans like your car loan or mortgage, using the card is as good as cash.

Some companies, such as Plastiq, allow clients to settle certain bills through credit cards.

And, since Visa cards are perceived as credit cards, you can use them with companies that allow payment by credit.

However, you should know that since the company will treat the card as a credit card, the card will incur slightly fees. It’s completely free to sign up and try.

Free

  • Pay everyday bills

Besides using the cards for larger bills, you can also use it to settle regular bills or, better still, make some local purchase with the Visa gift card.

This is possible since, in most cases, Visa gift cards are acceptable in stores that accept normal Visa cards.

Also, billers who accept the use of credit cards will, in most instances, take the gift card as payment.

See Related: 10 Ways to Get Money

Save Some Coins With Donotpay

Are various subscriptions and memberships burning a hole in your pocket? DoNotPay can help you cancel all of your memberships in a matter of minutes without having to contact customer service reps.

Next time you want to register for a free trial, prevent unexpected costs with our virtual credit card. Once the trial is over, youll be unsubscribed right away because our virtual credit card doesnt contain any money. We will also generate a random email address you can use if you want to protect your privacy and avoid spam marketing emails.

Do you need help claiming warranties and insurance policies? DoNotPay can help with that too.

Should you need assistance returning an item or requesting refunds for purchased products, canceled flights, or late deliveries, weve got your back!

Avoid wasting money on lawyersDoNotPay is here to help you sue anyone in small claims court and create numerous legal documents in the blink of an eye!

Don’t Miss: How Much Should You Spend On Bridesmaid Gifts

Add It To Your Paypal Wallet

Another way to convert Visa gift cards to cash is with PayPal. That is, PayPal lets you add prepaid cards, including Via gift cards, to your PayPal wallet. What this means is that youre then able to treat the balance like cash, by using it to purchase things from any merchant that accepts PayPal which is most major ones, these days.

How can I get money off of a gift card through PayPal?

To get money from a Visa gift card to PayPal accounts, just do the following:

  • Log in to your PayPal account.
  • Select the Wallet option at the top of the page
  • There should be an option on the left to Link a card or bank. Youll be able to find this under any existing cards or banks you have linked. Click this and continue through the prompts.
  • When you get to the point where PayPal asks you for the relevant information, add your Visa gift card details. Then click Link Card.
  • Theres a chance that you may get an error when trying to do this. If that happens to you, you may have to first register the card with the issuer so an address is linked to the Visa gift card. After that, PayPal should have no problem accepting it.

    Sell A Gift Card On Giftdeals

    Whats the FASTEST Way to Get Cash for Gift Cards?

    Though you cant yet sell cards to GiftDeals online, you can sell them in person, at least in a few limited areas of the US. At the site, click the Sell Gift Cards link. Youre shown a map of some locations in Ohio, West Virginia, Michigan, and South Carolina where you can sell cards at various stores.

    The contact details list the name, address, and phone number of each store, so youll want to call a store before you head there to make sure it will buy whatever card you want to sell.

    Like What You’re Reading?

    Sign up for Tips & Tricks newsletter for expert advice to get the most out of your technology.

    This newsletter may contain advertising, deals, or affiliate links. Subscribing to a newsletter indicates your consent to our Terms of Use and Privacy Policy. You may unsubscribe from the newsletters at any time.

    You May Like: Where Can I Trade In My Gift Cards

    How To Convert An Amazon Gift Card To Cash

    Amazon wont let you return the gift card for cash, and you can’t ask the person who gave you the card to take it back and give you money instead.

    Luckily, you can exchange your gift card for cash in numerous other ways, as presented in the table below:

    Methods
    • Snacks
    • Household items

    Use the gift card to buy them and keep the equivalent amount in cash next time you get a paycheck

    Use CoinStarCoinStar has kiosks all over the country that you can use to exchange gift cards for cash. This method only works with physical cards since you have to insert them into the machine

    Cardcash: Best For Sellers

    Reasons to avoid

    While it offers up to significantly large discounts on vouchers for big retailers, the reality of CardCash is often disappointing with often less than a percentage off full retail price – which really isnt worth the bother. If you are able to find a good deal, though, then there is a welcome 45-day guarantee on all purchases.

    However, if youre looking to sell your gift card you might be in for more luck. The rates offered by CardCash were higher than most competitors, making them a good option if you want to sell your gift card for as much as possible. The option of PayPal and direct debit payments also mean you can have this money in a matter of days, which is faster than most other gift card exchange companies.

    Don’t Miss: Baskin Robbins Gift Card Balance Checker

    Convert Your Visa Gift Card To Cash By Selling It To A Website

    There are plenty of websites that will pay cash for your Visa gift card. In addition to the ones mentioned above that have apps for this, there are also others like Gift Card Granny, CardCash and more.

    If your gift card is digital, then the process can be instantaneous. But even if you have a physical card, some of these sites will pay for your postage to send them the card, so you wont end up losing any money on that front.

    Like with the apps, the sites will take a fee based on a percentage of the balance of the card, so make sure you know just how much this is before agreeing to the sale.

    Also, it can be a good idea to do some searches for the site youre considering using, just to get the most up to date reviews on whether other people have had a good experience with them.

    Have Some Extra Cash On Your Gift Card Find Out Whether You Can Get That Money Back

    Sell Your Gift Card | Exchange Gift Cards for Cash

    Besides getting money for unwanted and unused gift cards, you can claim your cash for the used ones as well.

    Purchasing one or multiple items whose total price matches the value of the gift card isnt always possible. Once you buy the desired product, check the balance of your card. If you end up having some extra cash you cant spend, you shouldnt throw the card away. You can claim that money before it gets sent back to the retailer.

    In some states, the law requires companies to provide cash reimbursement for cards under a certain balance. For example, you can get up to $10 if you request gift card cash back from companies in California.

    The process of filing a cashback request for a used gift card is different in each company. This means that you have to get in touch with the retailer and follow their instructions to a T. If youd like to bypass complex and time-consuming procedures and get your money in a few clicks, you should rely on DoNotPay.

    Don’t Miss: Fandango Carmike Cinemas

    Where To Sell Your Unwanted Gift Cards

    The market has greatly consolidated in the last year. Most gift card websites now focus on selling cards at a discount or buying in bulk.

    The two main sites that still buy unwanted gift cards from individuals are Raise and Cardpool and they have very different business models. Cardpool buys cards directly from consumers. Raise lets you list the cards you want to sell on their marketplace.

    Can You Transfer Money From A Gift Card To A Debit Card

    While you cant directly transfer money from a gift card to a debit card, there are ways to achieve this with a few extra steps. For example, if you add your Visa gift card to your PayPal wallet and then transfer that money to your own account, youll have access to that cash via your debit card.

    Similarly, by selling the card through an app or a website, the company that buys it from you will either transfer the money that you make to your bank account or may send you a check. Either way, the money will then be in your account and ready to be used by your debit card.

    This means that while its not strictly the case that you can transfer money from a gift card to a debit card, the workarounds are super straightforward to do.

    Also Check: Can You Buy Gift Cards With Gift Cards At Gamestop

    Turn Your Visa Gift Cards To Cash By Buying And Reselling Items

    This may take a few extra steps to do but it may be the only other option on this list that lets you make money from converting your Visa gift cards to cash .

    As mentioned, most stores treat Visa gift cards like credit cards. This means that you can generally use them to buy items at almost any store, so keep an eye out for things that are either heavily reduced or in high demand.

    In both cases, theres a good chance you may be able to resell the item at a higher price than what you paid. This, in turn, will let you eventually get cash from your gift card.

    Related: Why Living Stingy Could Be The Key To Achieving All Your Financial Goals

    Why Is It Called White Elephant Gift Exchange

    Can You Exchange Target Gift Cards For Cash

    While this fun Christmas gift exchange game has other names, like Dirty Santa and Yankee Swap, White Elephant seems to be the most popular. But whats the game got to do with elephants? Or even the colour white?

    Legend has it that the King of Siam would give white elephants to anyone who had displeased him, in the hopes that the high cost of handling the white animal would bankrupt them.

    Receiving a gift of a white elephant from a monarch was both a blessing and a curse. It was a blessing because the animal was sacred and a sign of the monarchs favour. But it was also a curse because the holy animals werent allowed to be worked and required special, expensive food and housing. The unlucky recipient was left with an expensive-to-maintain animal he couldnt give away or put to much practical use, making the elephant a financial burden.

    Today the term white elephant refers to an extravagant but impractical gift thats more of a burden than anything else. The useless possession is also difficult to get rid of, which is where the modern-day Christmas swapping gift exchange game takes its name.

    You May Like: Oculus Quest 2 Gift Card For Games

    Keep Your Online Safety In Check

    While internet safety should be one of your top priorities, staying anonymous while surfing the web is almost impossible. If you want to avoid giving out your number when registering for services, you should try out our Burner Phone product.

    DoNotPay can also protect your credit card info, name, and email address, all through our handy virtual credit card. Sign up for free trials without worrying about unexpected charges.

    With our app, you will learn how to deal with stalkers and harassers and how to access public records the easy way.

    DoNotPay offers many other useful products that can help you prepare for government tests, have your college fees waived, and manage any annoying issue in minutes.

    Does Walmart Have A Gift Card Exchange Kiosk

    Coinstar Gift Card Exchange did accept a wide range of gift cards from over 150 retailers. These included major ones like Best Buy, Amazon, Walmart, Starbucks and more. However, as mentioned, their kiosks no longer serve as a way for you to do a gift card exchange for cash although there are other options.

    You May Like: 6 Year Anniversary Gifts For Her

    Exchange Your Unwanted Gift Cards With People You Know

    Chances are people you know also have a number of gift cards they will never use. Maybe they let dust gather on the exact gift cards that you could put to good use. In exchange, you could be owning a valuable gift card for them.

    Network with people in your office, college, gym or wherever you meet people to discover what you could exchange.

    How To Use A Resale Site

    How to swap unwanted Christmas gift cards

    As mentioned, the resale site will buy a gift card from you for a percentage that reflects the popularity of the card. Thats because the resale site buys the card from you and sells it to someone else if people arent too hungry for Sephora gift cards, you likely wont get offered much.

    The process starts with you inputting the dollar amount and provenance of the card, at which point, youll receive a notice telling you what your card is worth, and depending on the site, you might also be offered a better deal for another gift card. For example, a $50 Home Depot gift card will earn you $42.50 in cash on CardSwap, or you could opt for a $45 Esso gift card instead of the money.

    If you choose to accept the offer, you will be required to fill in all the information of the gift card, like the serial number and PIN, mail it in and wait a couple of days to receive a cheque in the mail.

    Bear in mind, however, that if your gift card is worth less than $25, you wont be able to use most of these sites.

    People are not interested in buying a $5 or $10 gift card, Ho says.

    Also Check: Sugarfina Engagement Gift

    Final Thoughts On Using A Coinstar Gift Card Exchange

    While I know I was pretty disappointed to see that it may no longer be possible to find a Coinstar Gift Card Exchange kiosk near me, there are plenty of Coinstar alternatives for those looking to do a gift card exchange for cash.

    In particular, selling them online appears to be the easiest and most secure option. The fact that these sites can guarantee to buyers that the gift cards are legit means that youre likely to get your cash the fastest through there, as buyers are less hesitant to purchase gift cards through there compared to, say, Craigslist.

    That said, using the gift card to buy something which you can then resell could see you getting more money for the item than you would if someone bought your gift card for a percentage of the balance. This is especially the case if you use the gift card to buy an item thats on sale, meaning you may be able to resell it at its full price.

    Either way, its safe to say that you definitely have some options if youre stuck with an unwanted gift card!

    READY FOR MORE?

    Join thousands of subscribers in getting regular tips in your inbox on how to take control of your finances and make more money and, for a limited time, get our free guide on the 20 most popular side hustles as a gift!

    Got it!

    Check your inbox to grab your free guide!

    Youll also join our mailing list to get updates on how to make and save money unsubscribe at any time at the end of each email.

    Popular Articles
    Related news