![Collection of bright present paper bags with natural handles near gift card with ribbon](https://images.pexels.com/photos/5926430/pexels-photo-5926430.jpeg?auto=compress&cs=tinysrgb&w=1920)
If you're holding onto a gift card with no plans to use it, you're not alone. Many of us have unwanted gift cards collecting dust, and it's hard to know where to exchange them for cash.
You can exchange gift cards for cash at some retail stores, like Best Buy, which will give you a Best Buy gift card for 50% of the card's value.
Some websites, like Raise, will buy your unwanted gift cards at a discounted rate. You can expect to get 60-90% of the card's value.
Retailers like Target and Walmart also have programs to exchange gift cards for cash, but the rates vary by location.
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Ways to Exchange Gift Cards for Cash
You can sell gift cards through a gift card exchange marketplace like CardCash or eBay, and receive the funds as a deposit to PayPal. This way, you can turn your unwanted gift cards into cash.
eBay offers the best payouts for unwanted gift cards, but only allows you to sell physical gift cards, not digital ones. CardCash, on the other hand, is a better option for digital gift cards and also offers a comparable rate to eBay for physical cards.
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To sell your gift cards quickly, you can use platforms like FlipEx, which allows you to sell visa gift cards in just a few clicks. This way, you can turn your unused gift cards into handy cash for saving or spending.
If you have a Walmart gift card, you can sell it on eBay or CardCash, but be aware that Walmart no longer offers a gift card exchange program through its website. You can also try selling it directly to buyers and requesting payment via PayPal.
Here are some popular platforms for exchanging gift cards for cash:
Remember to check the fees and processing times for each platform before making a decision.
Alternative Conversion Methods
If you're not able to find a buyer for your gift cards online, there are a few other possibilities you might try.
You can sell gift cards through a gift card exchange marketplace and receive the funds as a deposit to PayPal. Alternatively, you might sell gift cards to buyers directly and request that they pay you via PayPal.
Buying Discounted
![A beautiful Mother's Day card with floral design next to a pink gift box, perfect for gifting.](https://images.pexels.com/photos/7763917/pexels-photo-7763917.jpeg?auto=compress&cs=tinysrgb&w=1920)
Buying discounted gift cards can be a great way to save money, and there are several websites that allow you to do so.
You can use sites like GCX and CardCash to buy other people's gift cards at a discount. If you're planning to purchase discounted gift cards through these sites, be sure to use a credit card that will give you the maximum return for your spending.
The Citi Double Cash Card is a good option, earning 2% cash back on all eligible purchases. The Chase Freedom Unlimited Card also offers a high return, earning an additional 1.5% on all purchases on up to $20,000 spent in the first year.
Wells Fargo Active Cash Card is another option, earning unlimited 2% cash rewards on eligible purchases. This can add up quickly, with the potential to earn $200 cash back.
If you're looking for a more specialized gift card marketplace, ClipKard is an option. They accept physical gift cards from over 100 brands, as long as they're worth at least $15.
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Clip
![A blank card resting on elegant pinstripe fabric in a gift box.](https://images.pexels.com/photos/4464880/pexels-photo-4464880.jpeg?auto=compress&cs=tinysrgb&w=1920)
Clip, a gift card exchange marketplace, accepts physical gift cards from over 100 brands, as long as they're worth at least $15.
To sign up for Clip, you'll need to provide your name, email address, physical address, and a password, and accept their terms and conditions.
You can add the balance of your gift card to Clip and receive an offer, which in my case was $14.27 for a $20 gift card.
Clip does not require a PIN to proceed with the sale, and you can choose to get paid via PayPal or a paper check.
However, if you're selling a gift card worth less than $25, you won't qualify for the free shipping label that Clip offers for orders over $25.
I shipped my gift card on January 17th, 2024, and as of February 2nd, the transaction was still listed as "in progress."
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Online Platforms
If you're looking to exchange a gift card for cash, there are several online platforms you can use.
CardSell is a gift card exchange marketplace app that allows you to sell your gift cards for cash. You can enter the card details, including the store or brand name, gift card amount, card number, and security code, to get matched with a buyer.
The FlipEx App is another option for selling visa gift cards for cash. You can enter the gift card details online for verification, input your preferred amount, and FlipEx handles the rest.
You can also use online platforms like CardSell and FlipEx to sell your gift cards for cash.
Here are some online platforms you can consider:
To use these platforms, you typically need to enter the gift card details, including the store or brand name, gift card amount, card number, and security code.
Other Options
If you're looking to sell gift cards for cash, there are several options beyond the usual suspects. You can try selling them to a pawnshop, which may pay more for new, high-value gift cards from major brands.
Pawnshops are a good option if you need cash quickly, as you can get paid the same day. However, the amount you'll get depends on the type of cards, their face value, and the pawnshop's policies.
Some gift card exchange platforms, like eBay, can also be a good place to list your unwanted gift cards. eBay hosts hundreds of gift card sales at any given time, and its reputation as a solid marketplace makes it a trustworthy option.
You can also consider using a USB card reader to sell your physical gift cards on platforms like GiftCash, which requires a minimum value of $25 and pays up to 93% of the card's face value.
If you're willing to take on some risk, you can try selling your gift cards on Reddit's r/GiftCardExchange subreddit, where you can swap or sell your cards to other users.
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Connecting with People You Know
Connecting with People You Know is a great way to offload your unused gift cards for cash. You could try asking friends, family members, or coworkers if they're interested in buying your gift cards.
![Close-up Photo of Gift Boxes with Greeting Card](https://images.pexels.com/photos/264771/pexels-photo-264771.jpeg?auto=compress&cs=tinysrgb&w=1920)
The key is to remember who gave you the card in the first place, so you don't end up trying to sell it back to them. This can get awkward, as mentioned in the article.
It's a good idea to keep a list of who gave you each gift card, so you can avoid any uncomfortable situations. This way, you can target people outside of your immediate social circle.
Exploring Other Options
If you're looking for alternative options to sell your unwanted gift cards, there are several websites and platforms you can consider. Raise, CardCash, and ClipKard are commonly mentioned online as places to sell gift cards.
You can also try eBay, which may not be the first platform that comes to mind when thinking of selling gift cards, but it actually hosts hundreds of sales at any given time. The amount of cards being sold on the platform, and its reputation as a solid marketplace, make it a good option to list your gift cards.
Another option worth exploring is GiftCash, which requires a minimum value of $25 for most cards, but has higher minimum values for certain retailers like Best Buy and Walmart, which need to be worth at least $50. GiftCash also has a maximum value of $2,000.
If you're looking for a more community-driven approach, you can try the r/GiftCardExchange subreddit, where people swap and sell gift cards. However, be sure to follow the forum's rules and practice due diligence to avoid any potential risks.
Time Stamp: Unwanted?
You've got an unwanted gift card, huh? That's frustrating, but don't worry, there are options to sell it for some value.
Comparing gift card exchange apps and websites is a good place to start, as it can help you decide where to sell your card for the most value.
Gift Card Policies
Gift card policies can be tricky to navigate, but let's break it down. Generally, you can't return gift cards for cash, unless retailers are required to do so by state law.
Ten states have laws that require retailers to accept returns on gift cards, but there's a catch. The largest amount they're required to pay out in cash on a card's value is $9.99 in California.
If you live in one of these states, you might be in luck, but it's essential to check the specific laws in your area.
Specific Stores
Walmart has a limited option for exchanging gift cards for cash. You can't return Walmart gift cards for cash at Walmart locations unless required by state law.
Some Walmart gift cards can be exchanged for cash through a gift card exchange program, but only if the website facilitating the exchange is still operational.
Visa Guide
FlipEx is a platform where you can sell your unused Visa gift cards for cash. You can create an account on FlipEx to start the process.
To sell your Visa gift card, select the "Sell Gift Cards" option and choose Visa Gift Card. Then, swipe to select the Visa gift card design that matches the first four digits of your card.
![Greeting Card Beside Red Gift Box on Yellow Tie](https://images.pexels.com/photos/7842664/pexels-photo-7842664.jpeg?auto=compress&cs=tinysrgb&w=1920)
You can review the details of your card and initiate the sale on FlipEx. The platform will work its magic to convert your Visa gift card into cash, and you'll receive the cash in your FlipEx Wallet.
FlipEx is a convenient way to turn unused gift cards into handy cash for saving or spending. You can withdraw cash from your FlipEx Wallet into your bank account anytime.
Here's a brief overview of the steps to sell your Visa gift card on FlipEx:
- Create Your FlipEx Account
- Select Your Card Type & Enter Details
- Review details & Initiate Sale
Can Walmart Convert a Card to Cash?
Walmart does not currently have a program to exchange gift cards for cash at their locations. However, some states may require them to do so.
You cannot return Walmart gift cards for cash at Walmart locations unless required by state law.
General Information
If you're looking to exchange a gift card for cash, there are several options to consider.
Raising is the most popular and well-known gift card selling site, but it paid significantly less than some of the other platforms.
Some gift card selling sites will accept partially-used gift cards, including Raise, CardCash, and ClipKard.
eBay paid out the most, but using the platform to sell gift cards can be risky due to scammers.
CardCash paid nearly as much as eBay and proved to be much less of a hassle.
If you need to send a physical gift card to the buyer, consider the cost and hassle of mailing it.
In most cases, you can save time and money by sending the gift card digitally, which was the case for three out of five attempts.
Frequently Asked Questions
Does cash Store buy gift cards?
Yes, Check Into Cash buys gift cards, and you can get a free quote by bringing them into a store. Get an instant offer on your unwanted gift cards today.
Can you turn gift cards into cash at Coinstar?
Yes, you can turn gift cards into cash at a Coinstar Gift Card Exchange kiosk, also known as the yellow one. These kiosks offer a convenient way to exchange unwanted gift cards for cash.
Sources
- https://www.cnbc.com/select/how-to-sell-gift-cards-for-cash/
- https://prestmit.io/blog/converting-gift-card-balance-cash-app-funds-comprehensive-tutorial
- https://time.com/personal-finance/article/how-to-sell-gift-cards-for-cash/
- https://www.thewaystowealth.com/how-to-sell-gift-cards/
- https://www.flipexapp.com/blog/how-to-sell-visa-gift-card-for-cash-on-flipex
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