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How to exchange a gift card for cash

how to exchange a gift card for cash

Some of the most valuable cards include iTunes, Starbucks, Target and Walmart, according to Cardpool. Alternatively, savvy shoppers can score the gift cards they desire at steep discounts through the same online marketplaces. The biggest mistake many people make is to put their cards in a drawer and forget about them. Instead, keep them handy in your wallet or purse so you have quick and easy access when you are out shopping.

how to exchange a gift card for cash

Keep in mind that gift cards do eventually expire, generally after five years, or you could get hit with an inactivity fee after one year. If you have a digital gift card, some websites will purchase it from you immediately.

When to Sell Your Gift Card

Be sure to search for reviews of the website before committing to selling your card. But you may have to wait to get a buyer who'll pay the price you're asking. When to Sell Your Gift Card Gift card exchanges tend to offer lower resale values immediately after the holidays, warns Romanelli.

how to exchange a gift card for cash

He notes that some people hold on to their gift cards for an extra month or so, in order to earn a few percentage points more in returns. Just make sure you don't wait so long that you forget to exchange your gift card at all, warns Shelley Hunter, GiftCards. They are pretty easy to spot, as they are bright yellow! How they work is simple: You take your unwanted gift card to a Coinstar Exchange kiosk. Insert your card into the machine.

Sharing is Nice

The machine will then https://ampeblumenau.com.br/wp-content/uploads/2020/02/archive/action/why-is-youtube-not-working-on-my-computer-windows-10.php you an offer. If you accept the offer, the machine spits out the cash instantly. If the card sells, Raise collects the money from the buyer, deducts a 15 percent fee and forwards the balance via check, PayPal Funds or ACH direct deposit.

Since Raise acts as the middleman in the transaction, neither the seller nor the buyer should worry about fraud. How much of a discount do you need to offer to get that card to sell?

How to exchange a gift card for cash - something

Link copied! Getty Images Gift cards are the most desired present this holiday season, according to a poll by WalletHub.

Sell Gift Cards for Cash

But if you get a gift card under the tree from a store you've never heard of—or would never willingly shop at—you may find yourself looking for ways to trade your gift card or exchange it for cash. While you can't actually return gift cards, there are several different ways you can sell gift cards for cash or trade gift cards online for credit at another store. So you won't actually be stuck with gift card duds, leaving the money unspent or wandering the shop in a desperate search for the least atrocious item. Here are the best ways to sell or trade your unwanted gift cards. That's because the exchange itself typically takes a small fee, and shoppers using the exchange won't want to pay full price to buy a gift card secondhand. But if you exchange your gift card online, you should be able to recoup at least half of the full value.

how to exchange a gift card for cash

Take the Gift Card Exchange receipt to the customer service counter or to a cashier who will scan the receipt and give you cash in return! Get the Most Money for Your Gift Card To make sure you get the most for any trade, visit a couple of different gift card exchange sites and compare offers. But you may have to wait to get a buyer who'll pay the price you're asking.

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