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Ever gotten a gift card to a store you don’t see yourself shopping at? You’re not alone! In fact, statistics show a whopping $1 billion worth of gift cards go unused every year. That’s a lot of money gathering dust in wallets and drawers.
The good news is that there are numerous options for turning those unwanted gift cards into cash (or something you’ll use). You can sell them on dedicated gift card marketplaces and websites or find buyers through online forums and communities. No matter your chosen method, there’s a way to get some value out of those unused gift cards.
Let’s explore the different avenues available to you!
Where to sell your gift cards online
Do you have a stack of unused gift cards gathering dust from birthdays or holidays? You’re not alone! But hold on to your hats, because those unwanted cards can be transformed into something much more useful – cash!
Let’s skip the generic advice and dive into the best places to get the most value from unused gift cards. Whether you prefer the convenience of online platforms or the face-to-face approach, I’ll show you where to get the most bang for your buck. After all, turning those unwanted gifts into something you can use is the ultimate present!
1. Gift Card Granny
If you want to unload unwanted gift cards, consider Gift Card Granny. This user-friendly platform offers two great options: selling your gift card for cash or trading it for one you’ll use.
Selling is straightforward. Just visit the website, search for your gift card’s brand and store, enter the balance, and see the offers available. Here’s the beauty of Gift Card Granny: you get to choose your selling method.
Need cash fast? “Sell it now” lets you grab the best offer and get paid within days—sometimes earning up to 92% cash back! Prefer to maximize your return? “Name your price” allows you to set your asking price. This might take longer, but it could potentially bring in more money. You’ll receive your payment once a buyer agrees and you deliver the gift card.
If you have your sights set on a different store, Gift Card Granny’s “Trade in” option is a fantastic solution. Simply exchange your unwanted gift card for one from a vast selection of popular retailers. This option typically offers a higher payout than selling for cash, making it a great way to turn that unwanted gift into something you truly desire.
2. Raise
In the world of gift card selling, Raise stands out as a unique option, often mentioned by major news outlets like NBC News and USA Today. Here’s what sets them apart: instead of receiving a single buy-out offer, Raise lets you set the price! You create a listing for your unwanted gift card, essentially putting it up for auction.
This approach can take a bit longer to sell your card compared to other platforms, but the potential reward is a higher payout. Listing on Raise is completely free, but once your card sells, they do take a 12% commission fee. Payments are then made conveniently through direct deposit, PayPal, or even by check. So, if you’re willing to wait a bit to potentially get more money back on your unused gift card, Raise could be a great choice.
3. CardCash
Are you looking for a quick and convenient way to sell that unwanted gift card? Look no further than CardCash! Their user-friendly website makes the selling process a breeze. Simply head over, enter basic details about your gift card (including any remaining balance), and watch the offers roll in.
Here’s what truly sets CardCash apart: they’re happy to take gift cards with remaining balances! So no need to stress if you’ve already used a portion of the value. Plus, they offer the flexibility to either sell your card outright for cash or exchange it for a different gift card you’ll use.
The best part? Once your sale or exchange is approved, you’ll receive your payment—via check, PayPal, or direct deposit—within one to two business days. That’s the kind of efficiency we love to see!
4. GiftCardSwapping
Consider GiftCardSwapping for a specific purpose: turning unwanted gift cards into ones you’ll use. Here’s the deal: while they might not offer the highest payouts for selling gift cards outright (think 75% value compared to some competitors), they shine in the exchange department.
Swapping your gift card for a different one is completely free on GiftCardSwapping, meaning you can potentially get more value out of it. It’s a great way to find a gift card you’ll truly use, instead of settling for cash at a potentially lower rate.
However, if your main goal is to get the most cash back for your unwanted gift card, there are better options available. So, consider GiftCardSwapping when you have a specific store in mind where you’d rather spend, and explore other platforms for straight-up cash sales.
5. Monster Gift Card
In the world of gift card selling, Monster Gift Card offers a straightforward approach. Their website is easy to navigate – simply find your gift card’s retailer and get a quick quote. If the offer works for you, mailing the card to them is all it takes. Once they receive it, you’ll be paid conveniently by check.
It’s important to note that Monster Gift Card typically deals with cards between $10 and $200. However, they mention that they may buy cards exceeding that value. If your gift card is a high-dollar one, just contact their customer service for pre-approval before proceeding.
6. Gameflip
Look no further than Gameflip if you’ve got an Xbox Live, Amazon, PlayStation Network, or Google Play card gathering dust. Here’s the deal: unlike some platforms, Gameflip lets you set your price! You create a listing for your unwanted card, essentially putting it up for sale to a vast audience of gamers.
The more you tailor your price, the faster you’ll likely sell your card. Gameflip recommends listing it between 2% and 15% off the original value to attract buyers quickly. They deal with various cards, including unused gift cards, prepaid cards, and even non-reloadable ones.
Once your card sells, you can choose your payout method: PayPal, bank account deposit, or even Bitcoin! It’s a great way to turn that unwanted gift card into something a gamer like you will appreciate.
7. Zealcards
Are you in a pinch to turn that unwanted gift card into cash? Zealcards might be your hero. They deal with various brands, from everyday stores like Ace Hardware and Rite Aid to popular retailers like Macy’s and Gap.
The best part? Depending on your priorities, they offer several ways to sell your gift card. Need cash immediately? Head to one of their locations for an in-person transaction. It’s the fastest option, but be prepared for a lower payout.
On the other hand, if you can wait a bit, mailing your gift card offers the highest return. You’ll receive a check within ten business days. There’s a happy medium, too: redeem online by submitting your gift card code directly on their website. This gets you more money than an in-person sale, but less than mail-in, with a turnaround time of at least five business days.
Zealcards even claims you can get up to 90% cash back for gift cards at certain stores. So, whether you prioritize speed or maximizing your return, Zealcards has an option that works for you.
8. Check into Cash
While I can’t recommend payday loan services like Check Into Cash, it’s important to know all your options when selling gift cards. They offer a gift card buying service that might be useful in a pinch.
Check Into Cash accepts gift cards from popular retailers like Walmart, Target, and Starbucks. The good news is that they’ll take cards that are both new and partially used (with a minimum balance of $20). The process is simple: head to one of their stores, show them your gift card, and they’ll give you a quote. You can find your nearest location by entering your zip code on their store locator.
Remember, to complete the transaction, you’ll need to bring a valid driver’s license for ID verification. The biggest perk? You get paid immediately in cash. However, it’s important to remember that payday loan companies typically charge high fees, so this option should only be considered if you absolutely need the cash right away and can’t wait to sell your gift card through a platform with potentially better rates.
9. CardKangaroo
Do you need to turn that unwanted gift card into cash quickly and easily? Look no further than CardKangaroo! They accept gift cards from various popular retailers, from everyday stores like Amazon to specialty stores like Pottery Barn and Urban Outfitters.
Here’s the breakdown: get a quote online for your card’s value, then mail it in using their free shipping label. Don’t worry if your specific brand isn’t listed—CardKangaroo offers custom quotes too. Once they receive your card, you can expect payment within 48 hours.
The best part? You can get up to 92% cash back for your unwanted gift card! Just remember that CardKangaroo only accepts physical gift cards, not e-gift cards. So ditch the unused plastic gathering dust in your wallet and turn it into cash you can use!
10. Reddit Gift Card Exchange
Reddit can be a surprisingly helpful platform! There’s a dedicated subreddit designed explicitly for buying and selling unwanted gift cards.
Here’s how it works: simply create a post detailing your gift card, including the brand, store, and remaining balance. Set your asking price and wait for other users to respond. Transactions on this subreddit typically involve cash payments via PayPal or exchanges for other gift cards you might use.
The best part? Creating a Reddit account is entirely free, so you have nothing to lose by exploring this option. Just remember, as with any online marketplace, exercise caution when dealing with other users. Before finalizing any transactions, it’s always good to check a user’s posting history and reputation.
11. Gift Me
Need a user-friendly platform to turn those unwanted gift cards into cash? Look no further than GiftMe! Their website is a breeze to navigate, making the selling process simple.
An added bonus? GiftMe lets you easily track your gift card inventory, sales history, and current funds – so you can stay on top of everything in one place.
Once your gift card sells, you’ll receive your payment conveniently via direct deposit or check. GiftMe guarantees you’ll get paid within seven days or less, ensuring a speedy transaction.
12. Save Ya
Stuck with unwanted gift cards? Save Ya offers two solutions to turn them into cash.
The first option is for the negotiating-savvy shopper. You can list your gift card for sale and set your own price, potentially getting the most cash back for your unwanted gift card. Once your card sells, you’ll receive payment through your preferred method—ACH deposit, PayPal, or even a check.
Need cash fast and don’t mind waiting for a buyer? Save Ya also offers instant buyouts. Simply send in your card (new or partially used!) and choose between ACH deposit, PayPal, or a check to receive immediate payment. The downside? You won’t get to set your price with this option.
No matter your preference, Save Ya deals with a wide range of brands, from bookstores (Barnes & Noble) to electronics stores (Best Buy). So whether you’re a bookworm or a techie, there’s a good chance you can turn that unwanted gift card into something you’ll use!
13. eBay
eBay could be a good option if you’re comfortable setting your own price and navigating an auction-style platform. There, you can create a listing for your gift card and set your asking price. This potentially allows you to earn more cashback compared to selling directly to a website with a pre-quoted price.
However, remember that eBay charges fees for listing and selling items. So, factor those fees into your final price to ensure you’re profiting from the sale.
14. Purse
Sitting on an unwanted Amazon gift card but Bitcoin is more your style? Look no further than Purse! This platform lets you ditch the traditional cash route and convert your Amazon gift card balance directly into Bitcoin.
While it won’t get you physical cash, Purse.io caters specifically to those who prefer the world of cryptocurrency. So, if you’re looking for a way to expand your Bitcoin holdings and have an unused Amazon gift card gathering dust, Purse.io might be the perfect solution.
15. GiftCash
GiftCash might be a great fit for you, even though they accept gift cards from a slightly smaller pool of retailers (around 150, but still all the major ones). Here’s what sets them apart:
For some of the most popular retailers, GiftCash boasts an impressive 93% cash payout – one of the highest in the industry! This means you get more money back on your unwanted gift card.
Not interested in traditional cash? GiftCash allows you to convert your payout directly into cryptocurrency – Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), or Tether (USDT). This caters to those who prefer the world of crypto. There’s a minimum value of $25 for any gift card you sell. Some brands, like Apple and iTunes, require an even higher minimum of $100.
GiftCash prioritizes privacy – you can potentially complete the entire transaction anonymously.
Remember that payouts take 5 to 15 business days, and GiftCash is only available in the USA and Canada. They even offer a bonus program where you can earn cashback on gift card purchases, which you can redeem for even more free gift cards!
Overall, GiftCash is a strong option for those who want to maximize their return on unwanted gift cards, with the flexibility of receiving cash or cryptocurrency while maintaining privacy.
16. CardSell
In today’s fast-paced world, convenience is key. That’s where the CardSell mobile app comes in. It offers a super simple way to sell unwanted gift cards directly from your phone or tablet – no need for a computer. While CardSell doesn’t have a desktop website, its mobile app is user-friendly and efficient.
Selling your gift cards through CardSell is a breeze. The app generates cash offers, and payouts are delivered to your PayPal account within 48 hours. While CardSell might not offer the absolute highest payouts (think 50% to 75% of your gift card’s value), it excels in speed and convenience.
Don’t settle for the first offer! CardSell often starts with a lower offer, but here’s a handy trick: decline it and resubmit your card. The app will usually increase the payout by 10% as an incentive.
So, if you prioritize speed and convenience over maximizing your return and you’re comfortable using your phone, CardSell is a great option to consider. Just remember that this app is mobile-only, so you won’t be able to access it from a traditional computer.
17. ClipKard
Not comfortable selling your gift cards online? ClipKard has you covered! They accept physical gift cards from over 100 retailers worldwide, all through the mail. Here’s the deal:
ClipKard sends you a free pre-paid shipping label. Simply mail your unwanted gift card to them using the label, and that’s it! Within 1 to 7 business days after they verify the balance, you’ll receive your payout – either a PayPal deposit or a check mailed directly to you.
While the payout percentages might be slightly lower than some online options, typically in the 70-80% range, ClipKard offers a convenient and secure solution for those who prefer an offline approach. No need to enter your gift card number and PIN online if that makes you nervous. Think of it as a safe and easy way to turn those unwanted gift cards into cash you can use! Remember, the mailed verification process takes a bit longer than some online options.
Other options for getting rid of unwanted gift cards
While gift card exchange platforms are convenient for unloading unwanted gift cards, they aren’t your only option! Here are some alternative approaches to consider, depending on your priorities:
Donate
Donation is a fantastic alternative that can benefit both you and a worthy cause.
Think of your gift card as a near-cash equivalent. Many charities would be grateful for your unused or partially used gift cards. The donated funds can be used to support their vital programs and services. In some cases, charitable donations of gift cards may even be tax-deductible, so be sure to inquire with the organization about any required paperwork.
Here are a few reputable charities that happily accept gift card donations:
- GiftCards4Change: This organization leverages gift cards to support those in need, transforming unwanted plastic into impactful resources.
- St. Jude Children’s Research Hospital: This world-renowned hospital treats and researches childhood cancers and other life-threatening diseases. A gift card donation can help them continue their lifesaving work.
- Special Kids Fund: This charity provides essential equipment, therapies, and emotional support to children with chronic illnesses. Your gift card donation can make a real difference in a child’s life.
- Kars4Kids: This organization turns donated vehicles into funding for critically ill children. While it primarily accepts car donations, it also accepts gift cards as an alternative contribution.
Donating unwanted gift cards allows you to declutter your wallet while supporting a cause you care about—a win-win situation!
Regift
Let’s be honest, we’ve all been there. You get a gift card to a store you never frequent, or maybe it’s for a product you have no interest in. Instead of selling it and potentially losing some value, consider the art of regifting!
Regifting can be a thoughtful way to spread holiday cheer or show appreciation for someone. Here’s the key: use your judgment. A brand new, unopened gift card for a store your friend loves is perfectly acceptable (and might even be appreciated more than another scarf they don’t need). However, a partially used gift card for a store they wouldn’t visit is a recipe for regifting faux pas.
Here are some regifting golden rules:
- Keep it unopened: A brand new, unused gift card shows you put thought into the gift. A used or opened card sends the wrong message.
- Consider the recipient: Match the gift card to the person’s interests. A coffee lover will appreciate a Starbucks card, while a gym rat might prefer a sporting goods store gift card.
- Time it right: Don’t regift a seasonal item months after the season has passed.
Regifting can be a win-win if it’s thoughtful and strategic. You get rid of an unwanted gift card, and someone else gets something they’ll truly enjoy.
Return them
Returning your gift card might be an option! While it’s not the most common approach, some retailers are surprisingly flexible with unwanted gift cards.
Stores like Amazon and Shopify allow you to return your gift card for cash, just like any other payment method, under certain conditions. Here’s the catch: you’ll typically need the original receipt for the gift card purchase, and you can’t use any part of the balance. Essentially, you treat the gift card like a store credit you received as a return.
Important things to remember:
- Retailer return policies vary greatly. Always check the store’s policy to see if gift card returns are allowed and the requirements.
- You’ll likely need the original receipt to process the return.
- The gift card balance must be unused. You can’t return a partially spent gift card.
Check a store’s return policy. You might be surprised to discover that you can return your unwanted gift card for cash! It’s always worth exploring this option before selling your gift card to a third-party vendor.
Is reselling gift cards legal?
Yes! No laws currently in place restrict gift card resale, regardless of whether you sell it for more or less than its original value.
It’s important to note that these laws apply to the resale process itself, not the way gift cards are issued by retailers. Retailers do have some freedom to set terms and conditions on their gift cards, but these typically focus on things like expiration dates or dormancy fees, not resale restrictions.
So, the next time you find yourself with a gift card you’ll never use, rest assured that you can legally resell it and recoup some value. This opens the door to exploring a variety of platforms and options to find the best way to turn your unwanted plastic into something you can use!
Can I redeem a low-balance gift card for cash?
In some states, you might be able to redeem those low-balance cards for cash directly at the store that issued them. That’s right, you can skip the gift card exchange websites and get real money back, depending on where you live.
Here’s the catch: Laws around redeeming low-balance gift cards vary by state. Typically, the cash redemption threshold falls between $5 and $10. So, a $2 gift card might not qualify, but a $7 gift card could be redeemed for cash.
Before you head to the store, it’s always a good idea to check your state’s gift card laws. A quick online search or a call to your local consumer protection agency can give you the specifics. This way, you’ll know exactly your rights and what to expect from the retailer.
So, depending on your state laws and the remaining balance on your gift card, you might be able to skip the online marketplaces and get cash directly from the store. It’s always worth exploring this option before you look elsewhere!
The bottom line
The good news is that those unwanted gift cards don’t have to sit unused, collecting dust in wallets and drawers—you have options!
Instead of letting them languish, you can turn them into cash you can use. Several reputable online marketplaces allow you to sell your gift cards for a fair price. This can be a great way to recoup some value, especially if you received a gift card for a store you never shop at.
Here’s the beauty of it: some platforms even allow you to exchange your unwanted gift card for a different one you’ll use! So, maybe that gift card to a clothing store you don’t like can be transformed into a gift card to your favorite restaurant.
The key is to explore your options and find a platform that works best for you. Whether you prioritize maximizing your return or finding a more convenient exchange, there’s a solution to help you get the most out of your unwanted gift cards. Remember, they don’t have to be wasted plastic – they can be a valuable resource!