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
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.
Buyers: Because Raise is user-driven, you may find better — or worse — deals than you’d find on Cardpool or CardCash. Raise does offer a 1-year money-back guarantee on all cards sold through its platform. The guarantee covers inactive cards, cards with an inaccurate balance and cards not received within 30 days of purchase.
If you don’t 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 price—think 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.
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.
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 states require that gift card issuers allow cardholders to redeem their gift cards for cash. California law states that consumers can receive cash from the issuing retailer if a gift card has $10 or less remaining on the card. In Maine, Massachusetts, and Montana, cards with a value of $5 or less can be exchanged for cash. In Vermont, cards valued at less than $1 can be redeemed for cash. Investigate to determine if a cash exchange is an option.
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.
Sellers: CardCash buys both physical and electronic gift cards, and also allows sellers to trade cards for other gift cards instead of accepting cash. CardCash will pay for you to ship your physical cards to it. The company pays out via PayPal, ACH deposit or mailed check. If you want to trade your card for a different card, you’ll need to mail it in (electronic cards aren’t accepted).
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.
Prefer to pay cash for your purchases? You can buy Amazon.com Gift Cards or codes at a store near you to add cash to your Amazon Balance with Amazon Cash, Western Union, Moneygram, Coinstar and Ace Cash Express. Amazon.com Gift Cards and codes (which are issued by ACI Gift Cards Inc., an Amazon company, and sold to third-party retailers) are an acceptable form of payment at www.amazon.com.
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To conduct my experiment I picked six leading online gift card buyers and asked for quotes on three different gift cards. I wanted to see what they would offer for a $25 Starbucks gift card, a $50 Banana Republic gift card and a $100 Target gift card.
You’ll never get 100% back on online gift card exchanges. That’s because the exchange itself typically takes a small fee, and shoppers using the exchange won’t want to pay full price to buy a gift card secondhand. But if you exchange your gift card online, you should be able to recoup at least half of the full value.
We hope you enjoy your experience with us as you explore our ever-changing selection of great deals on discounted pre-owned gift cards or have fun selling or swapping your gift cards with other customers from across the country and around the world! You can also browse our selection Visa gift cards that can be used at millions of locations word-wide!
I’ve had general success purchasing Visa gift cards that work for buying money orders from a grocery store named after a baby bear. If I buy 2 $500 cards the register locks up and needs a manager override, though, so I stick to 1 card at a time. Also, cashiers occasionally deny me because my name isn’t on the gift card.
The content on MoneyCrashers.com is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. References to products, offers, and rates from third party sites often change. While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. We may have financial relationships with some of the companies mentioned on this website. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors.
Gift Cards or Business Gift Cards may be used at US merchants that accept American Express® Cards. These products may not be used at ATMs or for Recurring Billing. Additional limitations may apply. See American Express Gift Card Cardholder Agreement and American Express Business Gift Card Cardholder Agreement, as applicable. Not available for sale to VT or HI residents. American Express does not ship Gift Cards or Business Gift Cards to the states of VT or HI.
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.
Gift cards are just one step away from cash. For that reason, I don’t recommend swapping them via eBay or Craigslist. A gift card’s balance can be used up in seconds — even without the physical card in hand — so eBay and Craigslist can be dangerous venues for both selling and buying gift cards.
Cardpool.com (formerly Coinstar) gift card kiosks: If you don’t want to make your swap online, you can visit certain in-store kiosks, operated by Cardpool.com. These machines, once owned and operated by Coinstar, accept gift cards from more than 150 retailers and restaurants, as long as they have a balance of at least $15. The kiosk will make you an offer for the card—and if you accept the offer, you’ll get a voucher that you can redeem for cash at the register of the shop the kiosk is located in.
The retailers are counting on this, since unused gift cards equate to company profits. However, unused gift cards don’t have to go to waste. There are several websites, including eBay, where gift cards are being traded, and even sold, for cash.
If you’re given a listing option, choose the digital or voucher version first to make more money. Even if you have a physical gift card, most of these marketplaces will convert it to a digital card or voucher that can be printed or redeemed online by the buyer.
This is a great question. E-Gift cards stand for electronic gift cards. This means you won’t have a physical gift card when you buy an E-Gift card. Instead you will typically be emailed an E-Gift card number or bar code when you purchase from sites like Zeek, Amazon or cardpool. If you have ever looked at a traditional physical gift card, you have probably noticed the string of numbers. These numbers are the exact same as the numbers you will get for your E-Gift card. Advancements in technology have just made it so that we can step away from being forced to have a physical card to swipe.
Selling your unwanted gift cards can be an excellent way to make a little extra cash with minimal effort. Whether you sell online or in-person, selling gift cards for cash is one of the easiest ways to improve your finances and you also find a good home for your old gift cards.
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.
Find a perfect Gift Card for your friends and family. Select a design for any occasion or choose the Gold Custom Card to emboss your recipient’s name on the front. Gift Cards are available in amounts from $25 to $3,000.
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.
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 where your gift card is for, you might be able to use the card to invest in a side hustle. For example, you can buy a client lunch or maybe you can buy products or tools you use for your side hustle. Sure, you can find them cheaper at a different store, but using the gift card reduces your out-of-pocket expenses.
Another one is that the buyers are using cashback sites to shop on eBay and sometimes the cashback sites have promotions where they can earn way more cashback than the few extra dollars they paid for the GC.
GiftCardRescue allows users to buy, sell, and exchange gift cards. This website offers an additional 5% over the redemption value if the card is exchanged for an Amazon gift card instead of cash. They also offer bankruptcy protection in the event that the retailer no longer accepts the gift cards.
While no gift card exchange will pay full value for a card, Walmart’s current payout rate — the percentage of the face value that you will receive in exchange for your gift card — appears to be higher than the industry norm. Bohm says the exchange offers on Walmart.cardcash.com are, on average, 5% better than competitors’ offers. According to Walmart, it’s offering up to 97% of the face value of gift cards. The most you can usually get is 93% of a card’s value, according to Gift Card Granny, which compares offers from several sites that buy and sell gift cards.
The ebay thing is going to be far more effort than it is worth. It is going to take you forever to find something an amazon that is cheaper than the average price on ebay. I\’ve found it to be impossible. Then, even if you do, the massive 13% (and change) ebay seller fee is going to hose you.
While you can’t actually return gift cards, there are several different ways you can sell gift cards for cash or trade gift cards online for credit at another store. So you won’t actually be stuck with gift card duds, leaving the money unspent or wandering the shop in a desperate search for the least atrocious item.
The CEB also reported that customers tend to forget about their gift cards and don’t spend the full balance, resulting in more than $1 billion in unused store credit this year alone. But that appears to be less true in the case of Walmart: A company spokesperson told the AP that 95% of Walmart holiday gift cards are usually redeemed by February.
Unlike Cardpool and CardCash, Raise is a user-driven gift card marketplace — sort of like eBay, but with less risk. On Raise, sellers list gift cards at the price of their choosing and buyers purchase cards directly from the sellers. Raise doesn’t take possession of any of the cards that are sold on its site, but sellers are required to “verify” their cards with the company (by entering in serial numbers and PINs and checking the card’s balance) before they can be listed.
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