Tuesday, August 2, 2022
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Where To Sell Your Gift Cards For Cash

How Do You Convert A Gift Card To Cash

How to sell your gift cards for cash (with Raise and Cardpool)

There are several ways to convert your single-use gift card to cashheres what you can try:

Conversion Method
KioskMany grocery and department stores have vending machines that offer cash in exchange for gift cards

While these methods are options, all of them have the same drawbackyou will not get the full value remaining on your card. Typically, you will be offered a maximum of 8590% of the true balance on your gift card.

Your next option is to get a cash reimbursement directly from the vendor.

Where To Sell Your Unwanted Gift Cards

The market has greatly consolidated in the last year. Most gift card websites now focus on selling cards at a discount or buying in bulk.

The two main sites that still buy unwanted gift cards from individuals are Raise and Cardpool and they have very different business models. Cardpool buys cards directly from consumers. Raise lets you list the cards you want to sell on their marketplace.

Reddit Gift Card Exchange

Reddit is known for being a calm oasis in the storm that is social media. Why wouldnt you turn to Redditors to buy your unwanted gift cards?

Naturally, you might be wary of trusting an anonymous user to transfer your payment without a third party overseeing the transaction. Although some scammers frequent the Gift Card Exchange subreddit, theres also a reputation system and detailed guidelines, so you can significantly reduce your risk by being cautious.

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Can You Exchange A Gift Card For Cash At Walmart

You cannot exchange a gift card for cash at Walmart. It can only be used to purchase merchandise from Walmart.

The one exception is if your gift card balance is very low, such as less than $1. In those cases, Walmart may give you whats left in cash.

You can, however, exchange your Walmart gift card for cash at other places although, unfortunately, not at Coinstar Gift Card Exchange kiosks any more.

Get The Most Money For Your Gift Card

Still Carrying Holiday Gift Cards? Here

To make sure you get the most for any trade, visit a couple of different gift card exchange sites and compare offers.

Start at GiftCardGranny.com. This online gift card aggregator lets you select the merchant of your card and then easily compare offers from other reseller sites, including Cardpool.com and ABCGiftCards.com, to see the best deal among their partners.

CardCash.com was best for sellers, according to a WalletHub analysis of the major gift card exchanges. It offers immediate sales and an average gift card resale value of $76.50 for an $100 gift card.

Note that each gift card exchange uses different fees and payment methods. Be sure to read the fine print so you know exactly what you’ll get in return for your card.

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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.

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Dont Sell Gift Cards On Ebay

EBay has always been a popular place for buying and selling things online but it might be the worst way to sell gift cards.

First, an eBay buyer isnt likely to buy your gift card for more than 80% to 90% of its value. For a $100 gift card, you can count on a loss of between $10 and $20 right off the bat.

On top of that, you may be responsible for eBays insertion fees, a final value fee and a performance fee if your eBay seller account isnt in good shape. These fees eat further into your earnings.

You may be thinking, hey, dont Raise and Gameflip also have seller fees? They do. But these marketplaces specialize in selling gift cards, so the base value of your gift card is much likely to be higher on Raise or Gameflip than eBay. Also with eBay, theres no built-in way to verify your gift card code or balance making the selling and shipment process much more of a hassle.

In short, stick with one of the five gift-card selling websites above to get the most money for that ol AppleBees gift card thats nearly fused together with your wallet.

Voted The Best Gold Buyer On Long Island

Sell Your Gift Card | Exchange Gift Cards for Cash

Voted the best gold buyer on Long Island by the Long Island Press for three consecutive years, Gold Standard is a family business you can trust when looking to get the most value when selling your gift cards for cash.

If you choose to sell gift cards at The Gold Standard in New York, you can leave your worries about unexpected hidden fees and subpar service at the door.

When youre looking to gain the most cash for gift cards youve received, dont settle for average. Our experienced staff of consultants at the Gold Standard will not only make sure you get the most money, but also enjoy the experience of selling your gift cards and surpass your highest expectations.

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Bring Your Id And Credit Card

I took my son with me to a Gift Card Exchange machine once and he asked the obvious question, How does the machine know that theres money on the gift card? Couldnt someone just say it has $20 and get cash back? The answer is no. The Gift Card Exchange kiosk will check the balance of the gift card before accepting it. But just to avoid any potential tomfoolery, youll need to provide your mobile phone number and email address, plus scan your drivers license and a credit or debit card in order to complete the transaction.

Top Stores Which Sell Gift Vouchers Like Hot Cakes

You can get the best value for your gift cards if they are from some of our top stores. It will hardly take you an hour to sell your gift card if it is an , Flipkart gift card, BookMyShow gift card, Lifestyle gift card, Shopperstop gift card, BookMyShow gift card, KFC gift card, Cleartrip gift card, Vero Moda gift card or a gift card from other such popular stores.

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Final Thoughts On Using A Coinstar Gift Card Exchange

While I know I was pretty disappointed to see that it may no longer be possible to find a Coinstar Gift Card Exchange kiosk near me, there are plenty of Coinstar alternatives for those looking to do a gift card exchange for cash.

In particular, selling them online appears to be the easiest and most secure option. The fact that these sites can guarantee to buyers that the gift cards are legit means that youre likely to get your cash the fastest through there, as buyers are less hesitant to purchase gift cards through there compared to, say, Craigslist.

That said, using the gift card to buy something which you can then resell could see you getting more money for the item than you would if someone bought your gift card for a percentage of the balance. This is especially the case if you use the gift card to buy an item thats on sale, meaning you may be able to resell it at its full price.

Either way, its safe to say that you definitely have some options if youre stuck with an unwanted gift card!

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How To Earn By Selling Unused Or Unwanted Gift Cards Online At Zingoy

How Much Cash Can You Get if You Sell Your Gift Cards ...

If you are looking to sell your unused gift card online. They may be many online options available but if you are looking to sell vouchers on an exchange or on instant cash than Zingoy is the best marketplace where you can sell top stores gift cards and earn money on it once your unused gift cards are sold. Gift cards are like gems if it comes for celebrations like birthday, wedding, corporate events, occasions like Diwali, Raksha Bandhan, new year, etc which can be gifted and can make anyone online shopping experience super exciting. So be a money saver and get paid by selling your unwanted gift vouchers. Sell your top gift cards like Amazon, Flipkart, eBay, Domino’s, Pizza Hut and get paid once it is sold.

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Sell Your Gift Card In Person

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.

To Choose And Verify Your Gift Cards

Get the best value for your unwanted gift cards. Now no looking anywhere else, Zingoy is the best place to exchange your gift card for cash. You just need to follow the steps given below:

  • Search for the store, of which you want to sell the gift card.
  • Enter your gift card details
  • Your gift card will be listed with others after verification
  • When someone buys your gift card the money will be credited to your account.

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How To Use A Resale Site

As mentioned, the resale site will buy a gift card from you for a percentage that reflects the popularity of the card. Thats because the resale site buys the card from you and sells it to someone else if people arent too hungry for Sephora gift cards, you likely wont get offered much.

The process starts with you inputting the dollar amount and provenance of the card, at which point, youll receive a notice telling you what your card is worth, and depending on the site, you might also be offered a better deal for another gift card. For example, a $50 Home Depot gift card will earn you $42.50 in cash on CardSwap, or you could opt for a $45 Esso gift card instead of the money.

If you choose to accept the offer, you will be required to fill in all the information of the gift card, like the serial number and PIN, mail it in and wait a couple of days to receive a cheque in the mail.

Bear in mind, however, that if your gift card is worth less than $25, you wont be able to use most of these sites.

People are not interested in buying a $5 or $10 gift card, Ho says.

Gameflip Is The Safest Way To Sell Gift Cards For Cash

WHERE TO SELL YOUR GIFT CARDS FOR CASH!

Gameflip is the simplest way to sell unwanted gift cards for cash. You can sell any unused, prepaid and non-reloadable gift cards on Gameflip. Popular gift cards on Gameflip are Steam cards, PSN, Xbox Live, Amazon, iTunes, and Google Play cards.

Your gift card will be listed in front of the thousands of buyers participating in the marketplace. To sell gift cards quickly, set the price between 2% and 15% off the original amount. Depending on the popularity of your gift cards, you may need to adjust the asking price to attract buyers.

Simply list your gift cards using our website or our free mobile app. We recommend choosing auto-delivery for fastest and smoothest transaction. After the buyer receives your git card code, redeems and completes the transaction by rating, the sale proceeds are immediately deposited into your Gameflip wallet. You can choose to withdraw your sale proceeds any time.

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How Much Do Gift Card Exchanges Cost

If youre selling an unwanted gift card, exchange websites take a cut. It depends on the website, card youre selling and overall demand, but most take 15% or less. If youre buying gift cards you can expect to see discounts of up to 35%, meaning youd pay $65 or more for a $100 gift card. This too depends on the retailer and demand for that card. We found these discounts to usually be a bit more modest.

Accept The Gift Card Offer

Gift Card Exchange pays up to 85% of the value of the gift card, but the amount of the offer you get will depend on the popularity of the gift card. Grocery store, gas station and large department store gift cards such as Target or Walmart generally fetch higher resale values than gift cards to smaller retailers. Though your experience may be different , we sold a $25 Best Buy gift card for $16.25.

Heres a Tip! You can choose to accept the offer. Once you successfully enter the card information, the Gift Card Exchange machine will make you an offer for the card. If you are happy with the amount offered, then select Accept. If not, select Decline. Youre not obligated to complete the transaction until you accept the cash back offer.

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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.

Here Is How To Get Cash For Your Gift Cards

How to Make the Most Money When You Sell Your Gift Cards ...
  • Search and Accept your Payout: Search for the gift cards you have. We accepts gift cards from over 650 popular stores. Enter the balance on your card and accept the cash amount offered.
  • Upload your ID: For verification purpose, we require you to upload your gift cards, as well as a valid ID. It could be your drivers license or any state-issued ID.
  • Get Your Cash: We will go over your submitted ID. Once verified, we will send you your money in your account in less than an hour. We have various payment methods available from PayPal to Zelle to CashApp and more.
  • TERMS:

    • We accept gift cards with a minimum balance of $25.
    • We verify your information to safeguard you from any fraud.
    • When trying to exchange gift cards for cash online, keep your drivers license or valid state-issued ID with you.

    Get Started Now!

    Cash 4 Gift Cards America has made getting cash for gift cards online easier and quicker. We pay out faster than anyone online!

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