How to Convert Gift Card to Cash

Gift cards are a convenient way to give and receive gifts, but what if you don't want the gift you've received? Or what if you have a gift card for a store you don't shop at? Don't worry, there are several ways to convert gift cards to cash.

One way to convert gift cards to cash is to sell them to a gift card exchange website. These websites will typically give you a percentage of the gift card's value in cash. The percentage you get will vary depending on the website and the type of gift card you have.

Another way to convert gift cards to cash is to use them to buy items that you can then sell for cash. For example, you could buy gift cards for popular retailers like Amazon or Walmart and then sell the items you buy for cash on websites like eBay or Craigslist.

How to convert gift card to cash

There are several ways to convert gift cards to cash. Some of the most popular methods include:

  • Sell gift cards to a gift card exchange website
  • Use gift cards to buy items to sell for cash
  • Redeem gift cards for cash at a store
  • Use a debit card linked to a gift card
  • Use a prepaid card linked to a gift card
  • Use a service that converts gift cards to cash
  • Use a gift card as a down payment on a purchase
  • Use a gift card to purchase a money order

The best way to convert a gift card to cash will vary depending on the type of gift card you have and your individual circumstances.

Sell gift cards to a gift card exchange website

Selling gift cards to a gift card exchange website is a quick and easy way to convert them to cash. There are many different gift card exchange websites to choose from, so it's important to compare rates before you decide which one to use.

Once you've chosen a gift card exchange website, you'll need to create an account and add your gift card information. The website will then give you a quote for how much cash you can get for your gift card. If you accept the quote, the website will send you the cash via PayPal, direct deposit, or check.

Here are some of the most popular gift card exchange websites:

  • CardCash
  • Gift Card Granny
  • Raise
  • SellMyGiftCardOnline

When choosing a gift card exchange website, it's important to consider the following factors:

  • The percentage of the gift card's value that you'll receive in cash
  • The fees associated with selling your gift card
  • The speed at which you'll receive your cash

Use gift cards to buy items to sell for cash

Another way to convert gift cards to cash is to use them to buy items that you can then sell for cash. This method is a bit more time-consuming than selling gift cards to a gift card exchange website, but it can be more profitable.

  • Buy popular items

    When choosing items to buy with your gift cards, it's important to choose items that are popular and in demand. This will make it easier to sell the items for cash.

  • Sell items online

    Once you've purchased your items, you can sell them online on websites like eBay, Amazon, or Craigslist. When selling items online, it's important to take high-quality photos and write detailed descriptions.

  • Sell items locally

    You can also sell items locally through garage sales, flea markets, or social media marketplaces. When selling items locally, it's important to price your items competitively.

  • Use a service to sell your items

    If you don't want to sell your items yourself, you can use a service like Amazon FBA or eBay Valet. These services will handle the shipping and customer service for you, but they will take a cut of your profits.

Using gift cards to buy items to sell for cash can be a great way to make some extra money. However, it's important to remember that this method takes time and effort. If you're not willing to put in the work, you're better off selling your gift cards to a gift card exchange website.

Redeem gift cards for cash at a store

Redeeming gift cards for cash at a store is a great way to get cash for gift cards that you don't want. However, it's important to note that not all stores offer this service. To find out if a store offers gift card redemption, you can check the store's website or call the store's customer service department.

If a store does offer gift card redemption, you will typically need to bring the gift card to the store along with a photo ID. The store will then give you cash for the value of the gift card, minus any fees.

Here are some of the stores that offer gift card redemption:

  • Walmart
  • Target
  • CVS
  • Walgreens
  • Dollar General

When redeeming gift cards for cash at a store, it's important to keep the following in mind:

  • Some stores may have a minimum or maximum amount of cash that they will give you for a gift card.
  • Some stores may charge a fee for redeeming gift cards.
  • You will typically need to bring a photo ID when redeeming gift cards for cash.

Use a debit card linked to a gift card

Using a debit card linked to a gift card is a great way to access the funds on your gift card without having to carry the physical card around with you. To do this, you will need to register your gift card with the debit card issuer. Once your gift card is registered, you can use your debit card to make purchases and withdraw cash from ATMs.

  • Convenience

    Using a debit card linked to a gift card is much more convenient than carrying the physical gift card around with you. You can use your debit card to make purchases anywhere that accepts debit cards.

  • Security

    Using a debit card linked to a gift card is more secure than carrying the physical gift card around with you. If your debit card is lost or stolen, you can simply cancel the card and the funds on your gift card will be protected.

  • Flexibility

    Using a debit card linked to a gift card gives you more flexibility than using the physical gift card. You can use your debit card to make purchases online, over the phone, or in person.

  • Fees

    Some debit card issuers may charge a fee for using a debit card linked to a gift card. Be sure to check with your debit card issuer before using this method.

Overall, using a debit card linked to a gift card is a great way to access the funds on your gift card without having to carry the physical card around with you. It is convenient, secure, and flexible.

Use a prepaid card linked to a gift card

Using a prepaid card linked to a gift card is another great way to access the funds on your gift card without having to carry the physical card around with you. To do this, you will need to purchase a prepaid card and then register it with the gift card issuer. Once your prepaid card is registered, you can use it to make purchases and withdraw cash from ATMs.

Here are some of the benefits of using a prepaid card linked to a gift card:

  • Convenience

    Using a prepaid card linked to a gift card is much more convenient than carrying the physical gift card around with you. You can use your prepaid card to make purchases anywhere that accepts prepaid cards.

  • Security

    Using a prepaid card linked to a gift card is more secure than carrying the physical gift card around with you. If your prepaid card is lost or stolen, you can simply cancel the card and the funds on your gift card will be protected.

  • Flexibility

    Using a prepaid card linked to a gift card gives you more flexibility than using the physical gift card. You can use your prepaid card to make purchases online, over the phone, or in person.

  • Fees

    Some prepaid card issuers may charge a fee for using a prepaid card linked to a gift card. Be sure to check with your prepaid card issuer before using this method.

Overall, using a prepaid card linked to a gift card is a great way to access the funds on your gift card without having to carry the physical card around with you. It is convenient, secure, and flexible.

Use a service that converts gift cards to cash

There are a number of services that will convert gift cards to cash for a fee. These services typically allow you to sell gift cards from a variety of retailers, and they will give you a percentage of the gift card's value in cash.

  • Convenience

    Using a service to convert gift cards to cash is very convenient. You can simply go to the website of the service, enter the information about your gift card, and the service will send you the cash.

  • Speed

    Using a service to convert gift cards to cash is also very fast. Most services will process your request within 24 hours, and you will receive your cash within a few days.

  • Security

    Using a service to convert gift cards to cash is very secure. These services use SSL encryption to protect your personal and financial information.

  • Fees

    The main disadvantage of using a service to convert gift cards to cash is that these services typically charge a fee. The fee will vary depending on the service you use and the value of your gift card.

Overall, using a service to convert gift cards to cash is a convenient, fast, and secure way to get cash for your unwanted gift cards. However, it's important to keep in mind that these services typically charge a fee.

Use a gift card as a down payment on a purchase

Using a gift card as a down payment on a purchase is a great way to save money on your next purchase. Many stores allow you to use gift cards as a down payment on purchases, and this can be a great way to use up unwanted gift cards or to get a discount on a large purchase.

  • Convenience

    Using a gift card as a down payment on a purchase is very convenient. You can simply go to the store and use your gift card to make your purchase.

  • Savings

    Using a gift card as a down payment on a purchase can save you money. If you have an unwanted gift card, you can use it to get a discount on your next purchase.

  • Flexibility

    Using a gift card as a down payment on a purchase gives you flexibility. You can use your gift card to make a down payment on any purchase, regardless of the amount.

  • Limitations

    There are some limitations to using a gift card as a down payment on a purchase. Some stores may not allow you to use gift cards as a down payment, and some stores may have a minimum purchase amount that you must meet in order to use a gift card as a down payment.

Overall, using a gift card as a down payment on a purchase is a great way to save money and get more use out of your unwanted gift cards. However, it's important to be aware of the limitations of using gift cards as a down payment before you make a purchase.

Use a gift card to purchase a money order

Using a gift card to purchase a money order is a great way to convert your gift card to cash. Money orders are like checks, but they are guaranteed by the issuing bank. This means that money orders are a safe and convenient way to send money to someone else.

To purchase a money order with a gift card, you will need to go to a store that sells money orders. Once you are at the store, you will need to select the amount of the money order and pay for it with your gift card.

Once you have purchased the money order, you can then cash it at a bank or other financial institution. When you cash the money order, you will need to provide your identification. The bank or financial institution will then give you cash for the amount of the money order.

Here are some of the benefits of using a gift card to purchase a money order:

  • Convenience

    Using a gift card to purchase a money order is very convenient. You can simply go to a store that sells money orders and purchase a money order with your gift card.

  • Security

    Money orders are a safe way to send money to someone else. Money orders are guaranteed by the issuing bank, so you can be sure that the money will be received by the intended recipient.

  • Flexibility

    Money orders can be used to send money to anyone, regardless of their location. Money orders can also be used to pay for goods and services.

  • Fees

    There is typically a small fee to purchase a money order. The fee will vary depending on the store where you purchase the money order.

FAQ

Here are some frequently asked questions about how to convert gift cards to cash.

Question 1: What is the best way to convert a gift card to cash?
Answer 1: The best way to convert a gift card to cash will depend on the type of gift card you have and your individual circumstances. Some of the most popular methods include selling gift cards to a gift card exchange website, using gift cards to buy items to sell for cash, redeeming gift cards for cash at a store, using a ظل linked to a gift card, using a service that ظل gift cards to cash, using a gift card as a down payment on a purchase, and using a gift card to purchase a money order.

Question 2: What are the fees associated with selling a gift card to a gift card exchange website?
Answer 2: The fees associated with selling a gift card to a gift card exchange website will vary depending on the website and the type of gift card you have. Typically, gift card exchange website will give you a percentage of the gift card's value in cash. The percentage you get will vary depending on the website and the type of gift card you have.

Question 3: What are the most popular gift card exchange website?
Answer 3: Some of the most popular gift card exchange website include CardCash, Card Dusk, Card Cashier, Card Sell, and ClipCard.

Question 4: What is the best way to redeem a gift card for cash at a store?
Answer 4: The best way to redeem a gift card for cash at a store is to check with the store's customer service department. Some stores may offer cash for gift cards, while others may only offer store credit. The store's customer service department will be able to tell you if the store offers cash for gift cards and what the requirements are.

Question 5: What are the benefits of using a service that ظل gift cards to cash?
Answer 5: The benefits of using a service that ظل gift cards to cash include:

  • Convenience - You can simply go to the website of the service, enter the information about your gift card, and the service will send you the cash.
  • Speed - Most services will process your request within 24 hours, and you will receive your cash within a few days.
  • Security - These services use secure protocols to protect your personal and financial information.

Question 6: What are the drawbacks of using a service that ظل gift cards to cash?
Answer 6: The drawbacks of using a service that ظل gift cards to cash include:

  • Fees - These services typically charge a fee for their services. The fee will vary depending on the service you use and the value of your gift card.

Closing Paragraph: I hope thisFAQ has been helpful. Please let me know if you have any other questions.

Tips

Here are a few tips to help you get the most out of your gift cards:

Tip 1: Use your gift cards as soon as possible. Gift cards have expiration dates, so it's important to use them before they expire. If you don't think you'll be able to use a gift card before it expires, you can sell it to a gift card exchange website or use it to buy items that you can sell for cash.

Tip 2: Compare rates before selling your gift cards. If you're planning to sell your gift cards to a gift card exchange website, it's important to compare rates before you decide which website to use. Different websites will give you different percentages of the gift card's value in cash. So, it's important to shop around and find the best deal.

Tip 3: Use gift cards to buy items that you need. One of the best ways to use gift cards is to buy items that you need. This will help you save money on your everyday expenses. For example, you could use gift cards to buy groceries, gas, or clothing.

Tip 4: Sell unwanted gift cards. If you have any unwanted gift cards, you can sell them to a gift card exchange website or use them to buy items that you can sell for cash. This is a great way to get rid of unwanted gift cards and get some cash in return.

Closing paragraph: I hope these tips have been helpful. Please let me know if you have any other questions.

Conclusion

Converting gift cards to cash is a great way to get rid of unwanted gift cards or to get some extra cash. There are a number of different ways to convert gift cards to cash, so it's important to compare your options and choose the method that's best for you.

Some of the most popular methods for converting gift cards to cash include:

  • Selling gift cards to a gift card exchange website
  • Using gift cards to buy items to sell for cash
  • Redeeming gift cards for cash at a store
  • Using a debit card linked to a gift card
  • Using a prepaid card linked to a gift card
  • Using a service that converts gift cards to cash
  • Using a gift card as a down payment on a purchase
  • Using a gift card to purchase a money order

When choosing a method for converting gift cards to cash, it's important to consider the following factors:

  • The percentage of the gift card's value that you'll receive in cash
  • The fees associated with the method
  • The speed at which you'll receive your cash

By following the tips in this article, you can get the most out of your gift cards and get cash for your unwanted gift cards.

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