Wednesday, May 18, 2022

Where Can I Trade In Gift Cards For Cash

Can I Sell Used Gift Cards Or Get Cash Back

How to Sell Gift Card for Cash | Easiest Way to Get Most Money from Selling GiftCards!

Yes! Even if you used a gift card to purchase an item or two, you can sell it for cash, especially if there is still a lot of money on the cards balance.

If the remaining balance is only a few dollars and you cant purchase anything else with it, you probably wont be able to sell it. You should contact the store and request cash back instead.

The law in some states dictates that retailers must give back the money when a gift card thats under a certain balance. The balance limit varies from state to state. California currently has the highest limit$10 per gift card.

Examples Of How Much Cash Your Gift Cards Could Earn

To help you determine the best place to sell your unwanted gift cards, weve compared several price estimates from popular stores. Heres how the five gift-card marketplaces stack up.

$21.25$21.25

*Note: Estimated exchange prices for Gameflip and Raise were based on the rates of digital gift cards currently listed and selling on their marketplaces, minus the applicable seller fees .

Exchange Your Gift Card

So, once youve gathered all of the stuff mentioned above, its time to exchange your gift card.

Your gift card must have a minimum balance of $20 in order to be eligible for an exchange.

Coinstar Exchange accepts gift cards from over 150 restaurants and retailers.

The kiosks also only accept standard-sized gift cards. Print outs of electronic gift certificates cant be exchanged, and neither can cards that have cut-outs or are too small or too large.

Youll need to enter the PIN, sometimes called the access code, from your gift card. Its sometimes concealed under a scratch-off area. Dont be afraid to scratch this area to get the PIN it wont void or deactivate the gift card.

Not all gift cards have a PIN. If yours doesnt, then select the No PIN on card option.

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How To Get Cash From A Gift Card

It is a simple procedure to post and sell your gift card. Follow these simple steps.

  • State the brand of your gift card.
  • State the gift card balance.
  • Send the card number and its pin.
  • Select your selling price.

Once you have submitted the above information, verification takes place immediately. After a short while the service has checked your information, upon which the listing goes live. The card usually sells within 24-48 hours. Most online market places convert physical gift cards to digital gift cards and the send the card balance to the buyer after a sale.

Convert Your Gift Card To Cash With Donotpay

Can I Exchange My Itunes Gift Card For Cash

DoNotPay always finds a way to make complicated processes simple!

All you have to do to get cash for the remaining balance on your gift card is follow these steps:

  • in your web browser
  • Click on our Cash Back on Gift Cards product
  • Fill in your card details, such as vendor, date of purchase, and the remaining balance
  • We will send your claim to the nearest outlet for them to process. It doesnt matter if you dont live in a state with a cash back policywe will make sure your request is sent to an outlet where your cash back is required by law. You should get your money within 14 days.

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    Regift Unwanted Gift Cards

    I know some people frown on the notion of regifting all together. I have no problem with the practice. Because if you received something that you think someone else will love even more, why not give it to them as a gift?

    So if you have a gift card or gift cards that are sitting unused, why not regift them to someone who might enjoy them? It will save you money in having to buy this person a gift. Of course, the one caveat with regifting gift cards is this: make sure the gift cards has 100% of its value on it.

    Also, make sure the gift card was actually activated. Both of my daughter have been on the receiving end of gift cards that were never activated. They took them to Targetthey were Target gift cards, obviouslywent to use them to pay for something, and were told that the cards had never been activated. So, in essence, they received a worthless gift that they just had to toss in the trash.

    Get Cash For Your Card

    Turn your gift cards into cash on the spot. At CFSC, we offer gift card exchange so that you dont have to let those cards gather dust or worse lose their value over time. Instead, you can bring them by your local store, and well give you cash for your cards. Fast, easy, and hassle-free!

    Received gift cards that youll never use? No problem! Wish that gift card your aunt sent you was for that trendy new store rather than the department store she loves? Weve got you covered! Just bring your unused gift cards into your nearest CFSC store, and well give you cash instead because you can spend that anywhere you want!

    Read Also: Can I Use Xbox Gift Card At Microsoft Store

    Wheres A Coinstar Gift Card Exchange Kiosk Near Me

    To find a Coinstar Gift Card Exchange kiosk near you, go to their website and simply enter your location to find any of their kiosks in the US or internationally.

    Specifically, if youre frantically Googling for a gift card exchange kiosk near me and youre in the US, go to this page. Youll also find links to Coinstars websites in other countries if youd like to find a kiosk near you there.

    Check The Shape Of Your Gift Card

    Getting Cash Back For Gift Cards

    When you get to the Gift Card Exchange machine, youll either have to swipe your gift card so the machine can read the magnetic stripe or youll have to hold the bar code up to a scanner. There is no way to key in the card number. If your gift card is an odd shape, too big, too small, has cut-outs, or is a printout of an electronic gift certificate, you might not be able to see it at the kiosk.

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    Register Your Card For Extra Perks

    When you get a Starbucks gift card, it makes sense to register it right away so you can participate in the My Starbucks Rewards program. When you register the card, youll get a freebie. You can also upload the gift card to the Starbucks app and reload it that way, too.

    Because you have to include your birth date during registration, Starbucks will send you another freebie on that special day. And then every time you pay with that card, youll earn rewards points, which will add up to free food and free drink down the road.

    How Much Do You Get For Gift Cards At Coinstar

    Coinstar discontinued its gift-card-buying services at all Coinstar terminals. However, if youre using Coinstar to count your change, you can maximize your payout by choosing to accept payment by gift card. This option allows you to skirt the fees associated with cash payout.

    Dana Sitar is a former branded content editor at The Penny Hoarder. Adam Hardy is a former staff writer for The Penny Hoarder who specializes in stories on the gig economy.

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    Sell Gift Cards For Cash

    If you want to sell your gift card for cash, your return will be lower than if you exchange it, says Romanelli: Swapping your gift card for another stores is the best way to maximize your return.

    GiftCardGranny.com found that the cards with the highest resale value are for groceries , gas stations , or large retailers that offer a wide range of products, such as Amazon and Walmart, which round out the top five.

    If you dont want to have the value of your gift card dictated by a reseller, use Raise.com to sell your gift card for cash. You set your own pricethink eBay, but without the bidding. WalletHub ranked Raise.com as the second best gift card exchange for sellers, with the average resale value on the site topping $81 for an $100 gift card.

    You can list any online gift card for free on the site for physical gift cards, you’ll pay $1 or 1% of the total balance, whichever is greater. But you may have to wait to get a buyer who’ll pay the price you’re asking. And when you sell the card, the company will take a 12% cutso even if you get someone to pay full value for your gift card, you’ll recoup no greater than 88%.

    Online Gift Card Resellers

    How to buy and sell giftcards at ByteFederal Bitcoin ATMs ...

    A variety of online gift card resellers will give you a cash offer for an unwanted gift card. Typically, the cards balance must be at least 20 dollars, and higher offers are given for gift cards to popular stores that sell a myriad of merchandise. For example, you might get 92 percent cash back on a gift card to Walmart , but only 70 percent back on a gift card to Sunglass Hut . If you sell the gift card online, you will either have to mail the card into the company in order to receive payment, or in some cases, you can submit the gift code electronically. .)

    Learn more about online gift card resellers in this post.

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    Check The Balance Of Your Gift Card

    Even though the Gift Card Exchange machine will verify the balance of the gift card, youll want to know for yourself before accepting an offer. Plus, the kiosk will only accept gift cards with a balance minimum of $20. The easiest way to check the balance of your gift card is to look at the back of the card and either call the telephone number or go to the website listed.

    Consider Ways To Get Paid

    Depending on the service you choose, when you sell a gift card you can receive a check in the mail, a PayPal payment or a more useful gift card.

    Payment apps might be quick, but keep those pesky transaction fees in mind if you want to maximize your payout. Checks may take a little longer, but theyre as good as cold, hard cash. And depending on your spending habits, another gift card might be the best choice, as the conversion rate is going to be the highest.

    Each selection has its own perks, so choose whichever best fits your needs.

    Recommended Reading: Top Golf Gift Cards

    Where Can I Sell My Gift Cards

    One of the most important things to consider before selling your gift cards is how you want to receive your payment. Are you hoping for the instant gratification of PayPal or direct deposit? Or are you more of a paper check, in the mail type of person?

    This may seem irrelevant to some, but the accessibility of their cash is essential to others. Your unwanted gift cards are stacking up, and it’s time to unload them. Googlingwhere to get cashback for my gift card isn’t going to cut it this time. It would be best if you had a clear direction on how to sell your gift cards and what platform will give you the most money with the quickest turnover.

    Once you’ve settled on this vital facet, you can filter through your options.

    Where Can I Sell Egift Cards

    Best Sites to SELL GIFT CARDS for Cash

    Cardpool is a fast, easy, and accessible option to sell your gift cards. One of the critical factors that make this site appealing is the option to sell online gift cards, also known as eGift cards. Some of their competitors don’t offer the option, so if you find you have an abundance of eGift cards, Cardpool is your best choice.

    You can also use Cardpool to sell a wide variety of gift cards, from the Banana Republic to Bed Bath & Beyond to Home Depot.

    You have the choice to receive payment through a mailed check or with another gift card, and the site boasts that users receive up to 92% of the value of the card they sell. You can choose to accept the instant offer you receive from the Cardpool site, or you can wait it out to obtain a better offer from a potential buyer.

    Another option to consider for eCard sales is Gift Card Granny. While we did mention that they offer in-person locations for sales, the platform’s preferred sales method is online.

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    How To Trade In Your Unwanted Gift Cards For Cash

    Gift cards are great, but what happens if you simply dont like the store it came from? Luckily, there are a few ways to get around the annoying fact that you cant return gift cards. Because who wants to waste their money on stuff they didnt want in the first place?

    For everyone stuck with unwanted gift cards heres how to sell or trade them:

    Donate Your Gift Cards

    Fundraising committees are always looking for donations for their upcoming events. Whether they’re looking for prizes for their charity Bingo or needing some items to add to the upcoming silent auction, gift cards of any type are profitable options to generate income for a worthy cause.

    If you happen to have a gift card to a popular retailer such as Sam’s Club, or you have a Walmart gift card, a fundraising committee may use it to purchase supplies they need for an upcoming event.

    Another option is to save your gift cards for an annual Angel Tree event. An Angel Tree is a holiday season charitable cause that requests specific gift cards to benefit a family with young children. Just make sure you check the balance and assure that the cards you’re gifting do not expire anytime soon.

    Whatever method you choose, donating your card to a cause you are passionate about is a way to purge the unused gift card and get the most value from it at the same time.

    Read Also: How Much Is On My Cabelas Gift Card

    Does Coinstar Give Gift Cards

    Coinstar does give gift cards in exchange for cash! All you have to do is go to a Coinstar kiosk, choose the gift card you want, put your coins in the slot and youll receive your gift card to use online or in-store.

    They have a huge range of retailers to choose from, including Amazon, Dominos, Gap, Nike, Sephora, Starbucks and iTunes.

    free $5 gift card

    Why Sell Gift Cards For Cash

    Top 5 Best Sites to Sell Gift Cards in Nigeria

    Got a gift card you dont want? Then sell it for cash online, at a mall kiosk, in some grocery stores or at select service centers. You wont get the gift cards full value back in cash, but getting some money in return is better than nothing. Depending on where you sell the card and the demand for that particular brand card, the cash back offer can be anywhere from 60 to 92 percent. Payment options typically range from cash, a check in the mail, a gift card to a different store or a PayPal deposit.

    Companies that buy gift cards turn around and sell the cards to other people at a slightly higher rate, but still below the face value. Since being the go-between in this gift card aftermarket can be fairly profitable, there are a number of places where gift cards can be sold for cash.

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    How To Exchange Gift Cards For Cash

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    A gift card is an easy and thoughtful holiday present and especially great for the person who seemingly has everything but sometimes the card doesnt line up with your interests or tastes. And lets be honest, sometimes you just want the cash.

    You dont have to be stuck with a gift card that will sit in your wallet for a year, however, taunting you with its attractive dollar amount . Weve broken down the steps you can follow to redeem your unwanted gift cards for cash, and how to avoid potentially getting scammed in the process.

    Remind Yourself How Much Is On Each Gift Card

    If you were to look in my wallet right now, you would see a gift card in there. Written on the back in Sharpie is this: $12.80. Thats because the last time I went to that store and used my gift card, I wasnt buying enough stuff to use up the whole amount. The receipt told me I had $12.80 left on the gift card so I wrote it on the back. This simple gift card hack helps you remember how much is left on a gift card so you can use it up smartly.

    While some retailers can handle the notion of partial purchases with gift cards, others cannot. And if you cant make a purchase for that $12.80, then using up the remaining balance could become a problem. Which is why using the entire amount on your gift card the first time youre using it can often be the best way to get the most from a gift card.

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    Deposit The Gift Card Amount In The Bank

    Believe it or not there are certain gift cards, often in the form of a debit card that you receive as a reward for a purchase, that you can deposit directly into your bank account. I usually get these after buying my dogs flea and/or heartworm medicine at the vet.

    I learned this the hard way. For the longest time, I would try to use these gift cards to buy gas or groceries. But each time I would swipe it and even after the instructions for use at retailers, the card would be reject. Finally, one day I read the fine print on the back and discovered the bank deposit option, which is what I did.

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