If you need cold hard cash, swap your gift cards at a reputable Web site such as GiftcardZen or Cardpool. But if you do most of your shopping at Walmart, you should consider trading in your gift cards at Walmart’s online exchange to take advantage of the higher payout rates.
There are a number of websites that let you get cash back for your card or swap for another you’re more likely to use, but don’t expect to recoup the full value. These vendors will take a small percentage, meaning you’ll pay a price for your swap.
Each site has its own set of restrictions. Most have different maximum and minimum exchange amounts, which can be troublesome if you’re trying to sell either a low- or high-balance gift card. Generally, your card has to have a minimum balance of $10. The maximum amount varies from site to site but is somewhere between $200 and $400. Some sites have buying and selling fees that can take a substantial percentage of your payment. The best services do not have these restrictions.
So take a look at one of the many gift-card marketplaces dedicated to swapping cards. Unlike eBay, these exchanges offer a balance guarantee on any card purchased through them — so scammers can’t use the card’s balance after it’s been sold. Many of these exchanges also act as the middleman between sellers and buyers, so you only have to deal with the company (not fickle gift card junkies).
Yes. Especially, if you use an online gift card marketplace like Gift Card Granny or Raise that verify the gift card balance and offer seller and buyer protection. After a sale is made, you might have to keep the physical card for up to 180 days just in case the buyer has trouble redeeming the card balance.
Another reason to consider Raise is that you can name your own selling price. If you have a $25 gift card to sell and the competitors are selling for $23, you can list yours for $22.95 to become the top listing and make a quick sale!
Gift card exchanges tend to offer lower resale values immediately after the holidays, warns Romanelli. “There is so much supply coming into the market that many cards don’t sell for as high as they might in the summer,” he says. He notes that some people hold on to their gift cards for an extra month or so, in order to earn a few percentage points more in returns.
*To prevent fraud, we need you to verify some information for us. Please bring the following items to the exchange location to perform a transaction and to redeem your voucher during your store’s customer service hours:
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If you’d rather keep another service from profiting off your gift card or don’t find the exchange worthwhile—or if you’d feel less Scroogelike by giving your unwanted card away—contact your favorite charitable nonprofit and ask if they accept donated gift cards. Giving the card away could even lower your tax bill, if you itemize, and extend that holiday generosity even more.
To exchange their gift cards, shoppers don’t even need to leave the house. Walmart’s card exchange website, Walmart.CardCash.com, lets users input their gift card’s information, and a Walmart gift card will be emailed to them once the original card’s balance is verified.
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Card Avenue has a very extensive inventory of cards for sale. Navigating the site is easy. If you want to trade a card, create a “wish list” of gift cards you would consider in exchange for your gift card. For example, if you have a $50 Pottery Barn card, but you would much rather have a $50 Victoria’s Secret or Macy’s card, then include those cards in your wish list. Other traders will browse the site, and if they have a Macy’s or Victoria’s Secret card and want your Pottery Barn gift card, you might be able to make the trade. The site receives a commission from the traders.
Some people feel it is not very tactful to “regift” a gift card. If you decide to go this route, however, make sure the card and the gift card envelope don’t show any signs of wear. It may be possible to obtain a new gift envelope from the original retailer. You can also add the regifted card to another gift. Stash the card inside of a new book for a creative bookmark, or attach the card to a stuffed animal.
D Dairy Queen Damon’s Grill Darden Restaurants Dave and Busters Dean & DeLuca Del Taco Delia’s Dell Denny’s Destination XL Dick’s Sporting Goods Dickey’s Barbecue Restaurants Dillard’s Domino’s Pizza Don Pablos Dooney & Bourke Dress Barn DSW
Giant Eagle has installed kiosks providing consumers with cash for unused gift cards, The Columbus Dispatch said. The so-called Alula kiosk is produced by the makers of Coinstar and Redbox kiosks and provides consumers with cash almost immediately, unlike some online gift-card exchanges or resellers that require people to mail in unwanted cards before receiving checks or electronic money transfers for the cards.
Cardpool is an online gift card marketplace where you can sell or purchase gift cards. It buys gift cards directly from sellers and then sells them directly to buyers, so there’s no user-to-user interaction. For sellers, Cardpool offers up to 92 percent of your card’s value; for buyers, it offers discounts of up to 35 percent.
You also maintain control over your listing. If your card doesn’t sell in the first couple of days, you can always adjust the price to attract more buyers. Or you can unlist it if you change your mind.
Buyers: Cardpool sells both physical and electronic gift cards. You can search for cards via category and refine your search by type, value and percent off. It offers a 180-day balance guarantee from the date of purchase, which means you’ll be able to use the full value of any gift card you buy within 180 days.
P P.F. Chang’s Pac Sun Panda Express Pandora Panera Bread Papa Gino’s Papa John’s Patagonia Peets Coffee and Tea Pei Wei Asian Diner Peohes Performance Bicycle Perkins Restaurant and Bakery Petco Petsmart PGA Tour Superstore Phillips 66 Pick Up Stix Pier 1 Imports Piercing Pagoda Pinkberry Pizza Hut Pizzeria Uno Pottery Barn Puma
We spent over 85 hours researching the best gift card exchanges by looking at the amount of money each site will pay you to sell gift cards you don’t need. We also researched the discount you can get if you buy gift cards from the site. We made sure to include websites that allow you to swap your gift cards directly for other cards.
If you don’t want to make your swap online, you can visit certain Coinstar kiosks (yes, those same machines you dump a year’s worth of spare change into). These yellow boxes accept gift cards from more than 150 retailers and restaurants, as long as they have a balance of at least $20. It will make you an offer for the card, and, if you accept, will provide you with a voucher you can then redeem for cash at the register of the shop the kiosk is located in.
Select Coinstar machines will also buy your gift cards in addition to your loose change. The next time you buy groceries, take your gift cards along and maybe you can exchange them for store credit! However, I recommend looking for a CardPool kiosk first as they are more prevalent.
There’s a new place to cash in on your unwanted gift cards: Walmart. The big-box chain unveiled an online gift card exchange that allows consumers to swap cards from more than 200 retailers, restaurants and airlines for a Walmart e-gift card that can be used in stores and online.
Maybe you want to help others out with your gift card. If you know someone with a local need, you can always donate your card to help them through tough times. Or, you can donate your tax-deductible card balance to the charity of your choice online at Charity Gift Cards.
Sellers: You can list your gift card for any price on Raise, so you may be able to sell it for more than the “up to 92 percent of the card’s value” that other sites offer. Raise does take a 15 percent cut of any cards sold, though, so you’ll need to factor that into your selling price. Once your card sells, you’re responsible for shipping it to the buyer within three days.
Making a charitable donation can be a good use of a gift card. The advantages include the convenience, the tax write-off, and the opportunity to donate to a worthy cause. To make a charitable donation, find a non-profit organization that can best utilize the card. For example, a food bank may not have use for a gift card from a high-end clothing retailer, but an organization that assists people in preparing for job interviews may be able to use the card.
If you need cash immediately, CardPool also lets you sell your gift cards in-person at select businesses and self-serve kiosks. For example, I can exchange my unwanted gift cards for a Target gift card at the Electronics department in Target or for cash at the self-service kiosk at a nearby Kroger grocery store.
Not included in this price comparision site is a new offer from Walmart that’s good if you have a lot of love for the big-box retailer. Walmart will trade store credit for gift cards from more than 200 different retailers, restaurants, and airlines through its own online exchange website, Walmart.CardCash.com. Certain merchant cards will get you up to 95% of the original card’s value, or about 3% more than most reseller websites, which usually top out at 92% of a card’s face value. Others will get you 85% back, and some as little as 70%.
Choose from over 30 American Express Gift Card designs to find a perfect gift for all the important people in your life. Get a Business Gift Card for star employees or loyal customers. Or a Personal Gift Card for friends and family. Values range from $25 to $3,000, so American Express Gift Cards can be a thoughtful gift for any occasion. The benefits of American Express Gift Cards are numerous. They can be used virtually anywhere American Express is accepted in the U.S. Gift Card funds do not expire, there are no fees after purchase, and Gift Cards can be replaced if lost or stolen. So, next time you need to say thank you, congratulations, or Happy Birthday, say it with a gift that shows you care.
© 2012-2018 GiftcardZen Inc, All rights reserved. Giftcard Zen and RetailMeNot are registered trademarks of GiftcardZen Inc and RetailMeNot, Inc., respectively. Third-party trademarks are the property of their respective third-party owners. Giftcard Zen is not the issuer of any of the gift cards that appear for sale on Giftcard Zen. Presence of a third-party trademark or gift card does not mean that Giftcard Zen has a relationship with that third party or that the third party endorses Giftcard Zen or its services.
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If you need the cash in a week or so, instead of buying your grocery from the store next week and paying with cash from your next paycheck, buy the grocery on Amazon now with the card and then pay yourself the equivalent amount in cash when you get your paycheck.
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Approximately $1 billion in gift cards go unused every year! Unused gift cards are essentially free money for retailers–a “free lunch” if you will. That’s why selling your gift cards to somebody who wants them is a win-win for you and the buyer.
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Don’t worry if you don’t like some of the gift cards you receive this Christmas. The AP reports that Walmart will trade store credit for gift cards from more than 200 different retailers, restaurants, and airlines.
Here’s how it works: Visit Walmart.cardcash.com and click on the “Enter a Merchant” field to see a list of merchants’ gift cards that can be traded in for a Walmart e-gift card. Along with information about the gift card you want to exchange, you’ll have to enter your name, address, email, phone number and credit card number (to verify your personal information). Then you’ll receive an email usually within an hour or two with a Walmart e-gift card. There’s no need to mail in your old gift card since the value is transferred electronically. You can use the code on the Walmart e-gift card to make purchases online or print it out to make purchases in Walmart stores. Walmart e-gift cards can also be used at Sam’s Club.
If you know how to sell on eBay, you can actually buy something on Amazon that sells well on eBay, using your card. Then sell it on eBay and get cash for it. You can potentially get more for a product on eBay than what it sells for on Amazon. Might be time consuming BUT you can get more cash, eventually. And if you know what you’re doing, you can actually list your product on eBay BEFORE you buy it, and only buy when it sells, and actually have it shipped directly to your customer from Amazon directly. Then you get your cash’ worth on Paypal directly from eBay.
My local grocery store, Safeway, sells gift cards on Amazon. I do surveys for a site that gives me some pretty hefty rewards on occasion in the form of Amazon credit. I use that to buy a Safeway gift certificate, that I can print out and use instantly. I always need groceries, so I just use the gift certificate for my normal grocery shopping. It’s a minor variation on your number 9, but it provides more flexibility than buying the groceries items that Amazon offers (which aren’t cheaper than your local grocery store many times, despite people thinking Amazon is always cheapest). I’ve also done the same thing with Old Navy gift cards. I did all of my wife’s Christmas shopping this way– used Amazon to buy Old Navy gift certificates, then used them to buy her, and my daughter too, Christmas clothes.
You can also sell gift cards locally by listing your card on Craigslist or another sell local app like Letgo. This option might work best for gift cards to local businesses that cannot be listed on the other gift card balances. When selling locally, it’s best to meet at the local business to verify the balance before the buyer pays for the card.
Depending on the type of gift card, the amount, and the supply of similar cards, you could earn anywhere between 54% and 92% of the card’s value via an online gift card exchange, says Mark Romanelli, executive vice president of product for GiftCardGranny.com, the largest aggregator of online gift card exchanges.
L L.L. Bean L’occitane La Salsa Fresh Mexican Grill Lacoste Land of Nod Land’s End Landmark Theatres Landry’s Landry’s Seafood House Lane Bryant Legal Sea Foods Lego Store Lettuce Entertain You Lids/Hat World Lilly Pulitzer Little Caesars Loews Cineplex LOFT Long John Silver’s LongHorn Steakhouse Lord & Taylor Louis Vuitton Lowe’s Lucille’s BBQ Lucky Brand Jeans Lululemon Athletica LUSH
Target trade-in: If you love shopping at Target, you’ll be pleased to know the big-box retailer will trade store credit for gift cards from more than 100 different retailers and restaurants through its own in-store exchange. Not all Target stores participate in the program, so you should check the website to see if your local store is part of the Target trade-in program.