If you have unwanted gift cards, you can sell them for cash.
In 2018, U.S. gift card transactions totaled an estimated $160 billion, according to CEB. And surprisingly, of that amount, $1 billion goes unclaimed. So, it’s no surprise if you’ve found yourself the recipient of an unwanted gift card. Unwanted gift cards can be frustrating. After all, what do you do with it? It turns out, there is plenty you can do! Read on to find out how to get rid of your unwanted gift cards.
Sell or trade your gift cards online
There are a plethora of websites that will allow you to sell or trade your unwanted gift cards. It is unlikely that you will get your gift card’s full value if you sell it, but it is much better than letting the card go unused. For example, you can sell your gift cards on GiftCardGranny.com very easily without having to mail them your gift card.
If your gift card is from a popular place, such as Amazon, Apple, Best Buy, Home Depot, iTunes, Starbucks, Target, or Walmart, you will have a better chance of trading or selling it. Usually, there are two options for selling a gift card: listing it yourself or selling it directly to the website for a bit less.
Many of these online retailers, will allow you to trade gift cards with others in addition to selling them. You will also buy your unwanted gift cards directly from you. GiftCardGranny claims that it will pay up to 92% of a gift card’s full value.
Some online gift card services, also offers more than just 92% of the gift card you sell. They also offer a unique bonuses. Sellers will get an additional value if they choose to receive payment via an Amazon gift card instead of cash. This is an excellent option for those who would find an amazon gift card desirable.
Some gift card brokers also have mobile apps for buying and selling gift cards. Some of those sites offer to let you list your gift cards for free and have payment options such as direct deposit, PayPal, or even a check in the mail.
If you would prefer a different way to sell gift cards online, there is a gift card exchange on Reddit’s social media site. However, Reddit operates differently from other social media platforms and may require some learning if you are not familiar with the platform.
Finally, avoid scams when selling or trading gift cards online by using PayPal or other verified services. PayPal offers a buyer protection guarantee.
Exchange your unwanted gift cards for cash from kiosks and retailers
Some online gift card brokers, such as Gift Card Granny, offer physical locations such as kiosks or cashier-assisted transactions. This can be a great choice if you are concerned about scams and prefer to get your cash in person, up front. There are often many kiosks, locations, and branches available for this service across the country.
You have a few choices if you are looking to get rid of unwanted gift cards. You can sell or trade your gift cards online through a few different websites. The most well known of these websites is Gift Card Granny. Suppose you prefer to trade your gift cards in person. In that case, some online gift card brokers, including Gift Card Granny, offer physical locations such as kiosks or cashier-assisted transactions. Regardless of how you choose to sell or trade your gift card, take precautions- such as using Paypal or going to a kiosk in-person- to avoid being scammed.