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Where Can You Exchange Gift Cards For Cash

When To Sell Your Gift Card

How to Trade Gift Cards for Cash | Cheat Codes

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 dont 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.

Just make sure you don’t wait so long that you forget to exchange your gift card at all, warns Shelley Hunter, GiftCards.com’s content manager. The longer people hold on to a gift card, she says, the more likely they are to forget about it and never exchange or sell it.

People shouldnt have heartache over not getting 100% of the cards value back, because theyre not getting any value out of it by keeping it, she says.

Can You Transfer A Visa Gift Card To The Cash App

You cant transfer a Visa gift card to the Cash App as this app doesnt allow gift cards to be used as a payment option. Instead, you have to find a way to convert the Visa gift card to cash and then add that as a balance to the Cash App.

Id particularly recommend checking out some of the options in this article on how to add the money from your Visa gift card to your PayPal account. This is because, from there, its very easy to add this amount to your Cash App account.

Online Gift Card Resellers

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.

Read Also: Where Can You Get Airbnb Gift Cards

Simple Options To Convert Visa Gift Cards To Cash

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Receiving gift cards is great but making sure youre actually able to use the balance is the best part of all. Thats why seeing how to convert Visa gift cards to cash can be a great way to make sure that you use whats on the card with the added flexibility of being able to spend the balance anywhere!

Perhaps you were given the card as a gift or you bought it as part of a promotion. The latter is pretty common, as youll often find stores that offer discounts or bonus deals if you buy Visa gift cards from them. This can, in turn, save you a good amount on the actual value stored on the card.

You could even have gotten it by having earned it yourself! Sites like Swagbucksoffer this from time to time, by letting you earn Visa gift cards for free by watching videos, playing games and searching the internet.

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But now that youve got the card, you may be struggling to figure out what to do with it. Or you could just prefer to have straight up cash to be able to use it how you want.

  • Final thoughts on converting Visa gift cards to cash
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    Sell Your Visa Gift Card Through An App

    Another option is to sell your Visa gift card on various apps that will buy it from you in order to resell it.

    While this can be a quick way to convert your Visa gift cards to cash, the fees are really steep so this should probably only be your last option if the others arent possible for some reason.

    For example, Raise has an app that does this for both iOS and Android, although theyll take 15% commission for doing this. Ouch.

    A similar one is Prepaid2Cash, another site that has an app for iOS and Android in order to trade in your Visa gift cards for cash. This one works slightly differently, in that:

    • First you tell them the brand of the gift card
    • They then send you an offer through the app for the card
    • You have no obligation to accept this offer but once you do, theyll deposit it into your account in up to five business days

    This means that the fees they charge are incorporated into the offer, so its not entirely transparent. They state, however, that the offer will be up to 92% of the card balance, meaning the fees are at least 8%.

    Where Can I Sell Amazon Gift Cards

    are among some of the most popular to sell. Its understandable why. Amazons marketplace allows buyers access to a versatile array of products. Whether youre on the platform to find a gift, purchase outdoor sports gear, or youre looking for a good book, Amazon has it.

    Every one of the platforms mentioned above offers assistance reselling an Amazon Gift card. However, if youre looking for money fast, you can offer to sell your Amazon Gift card to friends, co-workers, or your family members. We can almost guarantee that youll find a solid group of interested buyers within your own personal network.

    Let them know youre looking to sell your Amazon gift card for a discount, give them the card details and let the bidding begin.

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    Card Kangaroo: A Great Inventory Of Cards

    Reasons to avoid

    Card Kangaroo has an inventory of about 1,300 cards as of last November and has served nearly 59,000 customers. You can use this website to buy, sell or trade your unwanted gift cards or simply check the remaining balance of a card you found in your wallet. CardKangaroo guarantees the stated balance up to $500 of purchased gift cards for 100 days from the day you buy them. They accept major credit cards as well as PayPal.

    If you’re looking to sell cards you simply select the merchant, value of the card and get an offer from the website. This company is unique in that you’ll receive a shipping label and be asked to mail your gift card in, rather than simply providing the card’s number and other information. If this isn’t too much of a hurdle for you, CardKangaroo is a great gift card swap option. You’ll receive payment via a check in the mail or through PayPal.

    If you’d rather trade for a different gift card you simply click that option after providing information about the card you no longer want. Once you’ve picked which gift card you want, you’ll have to ship yours in before getting the one you swapped it for in the mail.

    How To Sell Gift Cards For Cash Instantly

    How to turn unloved gift cards into cold hard cash after the Holiday season

    Advertising Disclosure

    Gift cards come from everywhere. Birthdays, Christmas or maybe just because.

    Unfortunately, there may come a time when you receive a gift card that you may have no use for.

    Instead of letting it collect dust, consider selling it to one of the many retailers online that will offer you a quote on the spot. Yes, you dont have to deal with the public nor do you have to fear getting ripped off. Its as easy as letting the company know what you have.

    You wont always get 100% of the value, but it can be quite close dependent upon the gift card you have.

    In todays post, I want to talk about the many websites that will let you exchange gift cards to cash. I will warn you, though, that they arent all created equally, so its always best to get a quote from each company mentioned below before confirming your order. No matter which retailer you have, whether it be Amazon, Walmart, eBay or even a Visa gift card, there is an option for you, I promise.

    With that out of the way, lets take a gander at some of my favorite ways to sell gift cards for cash instantly.

    Also Check: How To Use Target E Gift Card In Store

    How Can I Cash In Change For Free

    The best way to cash in change for free is to go to a bank that will do this for you. Not every bank offers this service, so make sure you call ahead to avoid having to carry a bunch of coins across town unnecessarily.

    Some banks also require you to pre-roll the coins, which isnt so hard once you get the hang of it but can take some time to figure out. If youd rather avoid doing this, perhaps try contacting a few different banks before resigning yourself to an afternoon of wrestling with your spare change.

    If you do want to attempt to do this yourself, figure out what value each roll of coins has to be, which is going to depend on the value of each individual coin. You can see the full list here.

    So say you want a roll of dimes youre going to need 50 coins equalling $5. Do a stack of these and measure how long they are, then add around three to four inches on each end. This is how long each piece of paper is going to be.

    Cut a bunch beforehand using some spare paper that you have lying around, as this is going to be easier than stopping and starting to cut more. From there, good luck! and maybe check a few YouTube videos beforehand to see the best, quickest, least frustrating way to do this.

    Can You Transfer Money From A Gift Card To A Debit Card

    While you cant directly transfer money from a gift card to a debit card, there are ways to achieve this with a few extra steps. For example, if you add your Visa gift card to your PayPal wallet and then transfer that money to your own account, youll have access to that cash via your debit card.

    Similarly, by selling the card through an app or a website, the company that buys it from you will either transfer the money that you make to your bank account or may send you a check. Either way, the money will then be in your account and ready to be used by your debit card.

    This means that while its not strictly the case that you can transfer money from a gift card to a debit card, the workarounds are super straightforward to do.

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    How To Transfer A Visa Gift Card To A Bank Account

    You can transfer money from a prepaid card to your bank account indirectly by trying some of the following options, which we go into more detail about above:

  • Add the card to your PayPal or Venmo account and transfer the balance to your own account
  • Get money for a voucher issued by a Gift Card Exchange Kiosk and then deposit it into your account
  • Choose an app or website to sell your gift card to that pays you through direct deposit, letting you then use the selling price as a way to transfer the Visa gift card to your bank account
  • Use the card to buy a money order, with the value of this then placed in your account
  • Check The Shape Of Your Gift Card

    Exchanging Gifts Cards For Cash

    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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    Can You Withdraw Cash From A Prepaid Visa

    You can withdraw cash from a prepaid Visa, with the card being treated the same way as any Visa debit card. This means that you can use the prepaid Visa to make purchases online or in-person, make bill payments and withdraw cash.

    Just keep in mind that a prepaid Visa is different from a Visa gift card, with the latter being more restricted in terms of how you use them. While a Visa gift card can be used the same way as a prepaid Visa when it comes to making purchases, its usually isnt possible to use a Visa gift card for ATM withdrawal or as cash back in a store.

    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%.

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    Trading Your Gift Card

  • 1Use a Coinstar Exchange kiosk. Coinstar Exchange kiosks are usually located towards the front of many large chain grocery stores. Simply swipe the gift card and you will receive an offer. The offer will typically be 60% to 85% of the gift cards balance. You can choose to accept or reject the offered amount. If you accept the offer, you will receive a voucher that you can redeem for cash at a cash register.XResearch source
  • A Coinstar Exchange Kiosk is different than a regular Coinstar machine that only exchanges coins for bills.
  • 2Go to a Gift Card Exchange kiosk to trade your card for cash. A Gift Card Exchange kiosk is usually bright yellow and located in a grocery store. Insert the card information into the kiosk and then choose to accept or reject the offer the kiosk gives you. If you accept the offer, you can choose between a voucher that can be taken to a cashier in exchange for cash or receive a Visa gift card.XResearch source
  • You can search online to see where the closest Gift Card Exchange kiosk is.
  • 3Trade your gift card for a different store. If you dont like the store your gift card is from, you can exchange it for a gift card to a store you like. You can do this online or at certain kiosks. For example, you can use a website like CardCash to exchange your gift card. Or, you can go to a store like Target and exchange your card for a Target gift card at a kiosk in the store.
  • Sell Your Gift Card In Person

    Sell Your Gift Card | Exchange Gift Cards for Cash

    If you want to sell your gift card in person, rather than dealing with online gift card exchanges, you have a few options.

    • Cardpool.com gift card kiosks: If you dont 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 cardand 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.
    • Target trade-in: If you love shopping at Target, youll 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.

    Typically, in-store trade-ins offers lower resale returns than the online exchange marketplaces, says Hunter, but the payout is more immediate: Youve got to ask yourself if you value the dollar amount or convenience more.

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