A gift card is a great way to express your love for someone without spending too much money. Cash, on the other hand, is often valued above a gift card. There are many things you may do to get money from your credit card account. You may sell your gift card, trade it in for cash, or earn points that will save you money by using it.

Method 1

How to Sell Your Gift Card?

1. To get money for your gift card, sell it to a website.

There are several websites that will purchase your gift card and give you cash in return. Some websites will provide prepaid shipping so you can send your gift card to them. If you have a digital gift card, some websites will buy it right away from you. Before selling your gift card, search on the internet for customer reviews.

• You won’t always get the full value of your gift card.
• You may sell your gift card to a variety of retailers, including Cash 4 Gift Cards, Raise, CardCash, and Giftcard Zen.

2. To sell your gift card, use the App.

Some businesses also provide a mobile app where you can purchase, sell, and redeem gift cards. Simply install the program, insert your card, and select how you’d want to be paid – by PayPal or check. That firm will usually charge 15% of the face value of the gift card as commission.

Also Read: Want to Sell Gift Cards for Instant Payment? Things you Must Know

3. On an e-commerce website, list your gift card.

You may advertise your gift card on a website like eBay or Craigslist if you don’t want to give it to a particular site. If you sell your gift card for the same price that it is worth, it will usually sell faster. Keep in mind that websites like eBay take a percentage of the sale.

• If you’re sending a gift card to someone else, remember to add in the cost of delivery.
• When meeting up with someone to sell a gift card, be cautious.

4. You may sell the gift card to a buddy.

You may have a friend who would want to buy your gift card. This is most likely the most convenient and secure method of selling your card. Check with your pals and coworkers to see if anyone wants it. If someone expresses interest, meet up with a pal or send the present through the mail.

Method 2

Trading Your Gift Card

Use a Coinstar Exchange kiosk.

Coinstar Exchange kiosks are commonly positioned in the front of many large chain supermarkets. Simply swipe your gift card through the machine, and you’ll receive an offer. The amount given will usually be between 60% and 85% of the value on the card. You have the option to accept or reject the offered sum. If you accept the deal, you’ll get a voucher that you can use at a cash register to obtain your money back.

• The Coinstar Exchange Kiosk is not the same as a regular Coinstar machine that simply changes coins for bills.

To trade your card for cash, go to a Gift Card Exchange kiosk.

At a grocery shop, there is a Gift Card Exchange kiosk that’s usually yellow. You have the option of accepting or declining their offer after inputting your credit card information into the kiosks. If you accept the bargain, you may either get a voucher that can be used at the cash register or a Visa gift card.

• You may search for a Gift Card Exchange kiosk on the internet.

If you don’t want to trade for something similar, consider swapping your gift card for one from a different shop.

You may exchange your unwanted gift card for a gift card from another store if you don’t like the shop where it was issued. This can be done online or at certain kiosks. For example, you could use a website such as CardCash to swap your present card for anything else. Alternatively, you could visit a store like Target and swap your credit card there for a Target gift card at one of the kiosks around the store.

This isn’t quite the same as receiving cash, but if you need to make a purchase from the new store, your card works in the same way.

Method 3

Other Ways to Profit from Your Gift Card

You can use your gift card to buy groceries.

Even if you don’t receive real money back, you may use points to make purchases. For example, you could use a Visa gift card or gift card to a grocery store like Kroger to buy food and other goods. If the supermarket participates in a loyalty program, you will get points that can be used for future purchases.

Use your gift card to earn points on gas.

Some gas stations and grocery stores with gasoline have reward cards. When purchasing gasoline, utilize your gift card. You’ll be able to use your rewards points to get more fuel in the future.

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Use a gift card at a store that accepts it to earn points.

To start, you’ll need to join up for the rewards program at your local drugstore/pharmacy. Then, Same day cash for gift cards from that shop or a Visa gift card to make purchases. You may get points for each purchase you make. The points may be used to get discounts or coupons.

Give your card as a gift.

Give a gift card that you don’t want to a friend. If you have a card to a coffee shop but don’t enjoy coffee, give it to someone who does. Make sure the card hasn’t been used if you’re giving it as a present.

If you don’t want the money to go entirely, you can let the buddy know in advance and ask if they’d like to use the rest of it.

Send your gift card to Charity Choice.

If you won’t be using your gift card, it’s a wonderful thing to do for others. Even if you only used a portion of the balance, you may donate the rest. You can give your card to GiftCard4Change or Charity Choice, both of which accept donations. Typically, you will get a receipt for your donation that may be deducted against income tax.

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