If you have a gift card and don’t want to use it, you may be able to turn it into cash. There are a few ways to do this, but the best way depends on the type of gift card and the balance. If you have a store gift card, you can usually sell it online or to a friend or family member.
If you have a Visa or Mastercard gift card, you can get cash from an ATM or by using it as collateral for a loan.
One of the most popular questions we get here at GiftCardGranny.com is “Can I turn my gift card into cash?” The short answer is maybe. Here are a few options for how to do it:
1. Sell your gift card online to a site like GiftCardGranny.com. We’ll give you cash (or PayPal) for your unwanted gift cards. It’s an easy way to get rid of that unused gift card and make some extra money in the process!
2. Use a service like Cardpool or CardCash to exchange your gift card for another one that you’ll actually use. This can be a great way to get more value out of your unwanted gift card while still getting something that you can use.
3. Trade your unwanted gift card for cash with a friend or family member who may want it more than you do.
This option obviously requires someone else being willing to trade with you, but it’s definitely worth asking around if you’re looking to unload an unused gift card ASAP!
Hopefully this gives you some ideas on how to turn that unwanted gift card into cash (or something else that you’ll actually use). If you have any other questions, feel free to ask us in the comments below or on our Facebook page!
Turn Gift Cards into Cash Instantly
Are you one of those people who have a ton of gift cards sitting around, collecting dust? Or maybe you have a few gift cards that you never use because they’re for stores that you don’t really like. Either way, there’s good news!
You can now turn those unwanted gift cards into cash, instantly!
There are a few different ways to do this. One option is to sell your gift card online.
There are websites that specialize in buying and selling gift cards, and they’ll give you cash for your card right away. Another option is to go to a physical store that buys gift cards (like a grocery store or drug store) and hand over your card in exchange for cash. Finally, some companies will let you trade in your unused gift card for a different one that you might actually use.
So if you’ve been wanting to get rid of those old gift cards, now you know how! Turning them into cash is easy and instant, so what are you waiting for?
Credit: www.wikihow.com
How Can I Turn My Gift Card into Cash
There are a few ways to turn a gift card into cash, but it largely depends on the type of gift card you have. If you have a store-specific gift card, your best bet is to sell it online through a Gift Card Granny or Cardpool. These websites act as middlemen between buyers and sellers of gift cards, and will typically offer around 60-80% of the value of the card.
For example, if you have a $100 Gap gift card, you could expect to receive around $60 in cash for it.
If you have a Visa or Mastercard branded gift card, you can go through a service like Square where they will give you cash for the balance on your card minus a small fee. For example, if you had a $100 Visa gift card with a $5 balance remaining, they would give you $95 in cash.
The downside to this method is that there can be significant fees involved – sometimes up to 10% of the total value of the card – so it’s important to compare prices before going ahead with any sale.
Another option is to simply use the gift card as normal until there is only a small balance remaining, then ask the cashier if they can provide change for the purchase in cash instead. This won’t work at all stores but is definitely worth asking about; even if they say no, it doesn’t hurt to try!
Is There a Way to Get Cash Back from a Gift Card
Yes, there are a few ways to get cash back from a gift card. The first way is to simply ask the issuer for a cash refund. Most issuers will be happy to oblige, as long as you have the original purchase receipt and the gift card itself.
Another way to get cash back from a gift card is to sell it to a third-party website or company that specializes in buying unwanted gift cards. Finally, you could also use the services of a Gift Card Granny-type website that allows you to exchange your gift card for another one that better suits your needs.
How Can I Convert My Gift Card to Cash
If you have a gift card that you would like to convert to cash, there are a few options available to you. You can either sell the gift card online or in person, or trade it in for a different type of card that can be used as cash.
Selling the gift card is probably the easiest way to get cash for it.
There are many websites that allow you to sell gift cards, and they will usually give you a quote for how much they are willing to pay based on the brand and value of the card. Once you agree to sell, they will send you payment via PayPal or direct deposit into your bank account. The downside of selling your gift card is that you will likely only receive 70-80% of its value, so it’s not the most ideal option if you’re looking to get full value for your card.
Another option is to find a place that does trade-ins for Gift Cards. Many grocery stores have kiosks where you can trade in your unwanted gift cards for store credit that can be used just like cash. The advantage of this option is that you’ll usually get close to full value for your card since the store essentially wants your business.
The downside is that it can be inconvenient if there isn’t a nearby store that offers this service.
Finally, some banks offer the ability to redeem Gift Cards for cash through their ATM machines. This option is typically only available for cards with high balances (usually $500 or more), but it’s worth checking with your bank just in case.
If this option is available, it’s usually very quick and easy – just insert your card into the ATM and follow the prompts!
Can I Sell My Gift Card for Cash
Yes, you can sell your gift card for cash. There are a few different ways to do this, and the best method depends on the type of gift card you have.
If you have a physical gift card, you can take it to a Gift Card Exchange kiosk and receive cash for the value of the card.
These kiosks are usually located in grocery stores or malls. You can also sell your physical gift card online to a website that buys gift cards. When selling online, you will generally receive less than the value of the card because the website needs to make a profit too.
If you have an electronic gift card (also called an e-gift card), you can sell it on a gift card exchange website. These websites work similarly to online auction sites: you list your e-gift card for sale and buyers bid on it until the listing expires. The highest bidder pays you (usually via PayPal) and then redeems the e-gift card themselves.
Again, because these websites need to make money too, you will usually only receive 70-80% of the original value of your e-gift card when selling it this way.
How To Turn Visa Gift Card into Cash Using Paypal or Venmo | Transfer GiftCard Money to Bank Account
Conclusion
If you have a gift card that you would like to turn into cash, there are a few options available to you. You can sell the gift card online or through a third-party service, or you can trade it in for a different type of card. If you need cash immediately, you can also use the gift card to purchase items from a store and then return them for a refund.
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