How to Cash-Out Unused Gift Cards

Gift cards can be a great way to give someone you love a gift. But what happens when they’re for a store or service you don’t like?

You can liquidate your card for cash or use it to gain points that save you money. Here are some options for you to consider: 1. Sell the 상품권현금교환 card to a friend.

1. Sell the card to a friend

One of the simplest ways to turn your card into cash is by selling it to a friend. You can typically do this online or by meeting up to trade the cards. Just be sure to check the current balance on your card to make sure that you are getting what the card is worth.

Another option is to sell your card on websites that buy gift cards for cash, such as CardSell or Raise. Both of these sites allow you to choose the price that you want to sell your card for and will pay you once you find a buyer.

You can also try a site like Gameflip, which specializes in buying and selling games. Finally, you can try a site like eBay, which allows you to list gift cards and other items for sale. However, be aware that eBay will take a cut of the sale for each item sold.

2. Trade it in for cash

One of the easiest ways to get rid of a gift card you don’t plan on using is to simply trade it in for cash. There are plenty of online resellers that will offer you money in exchange for your card, though you may have to wait a few days to receive the payment (either through PayPal or check).

Another option is to go to a kiosk at your favorite retailer and convert your card into real cash. You can also sell your card to a trusted friend for face value and then barter it for something you both need.

You can even use an app like CardSell, which works like eBay and lets you share the specifics of your card to receive offers. The site pays you through a check, ACH or PayPal.

3. Donate it to a charity

In the spirit of giving back, unused gift cards can be donated to charity. There are several online organizations that make the process fairly painless. For example, CharityChoice lets you turn a variety of store and restaurant gift cards into cash donations for more than 1,000 vetted charities (the nonprofit takes 10% of the donation to cover marketing and administrative costs).

You can also find local organizations that accept in-person donations of gift cards. Many Goodwill locations, for instance, take unwanted or low-balance gift cards in exchange for a donation.

Before donating to a particular organization, it’s wise to research its reputation and reviews online. Search for the charity you’re considering plus “complaint,” “review,” “fraud,” or “scam.” It may help to avoid paying with wire transfers or gift cards, which can be difficult to track. Also, avoid any charities that ask for donations through social media platforms or text messages. These are often scams. Also, don’t donate to any organization that requires you to pay with gift cards and codes sent through wire transfer services like Western Union or MoneyGram.

4. Trade it in for points

For instance, if you receive a gift card for a store that doesn’t offer the products you need, you can turn it into points that can be used toward future purchases. You can also use a gift card to purchase groceries at a grocery store that has a rewards program, which can earn you money towards your next trip.

You can also exchange your gift card for cash. Online marketplaces like Raise and CardCash allow you to sell your unwanted cards for a percentage of their value. But note that you’ll likely only walk away with about 92 percent of your money, since buyers typically shop with gift cards at a discount.

Another option is to trade your gift card in for a more desirable one at a store where you’ll be shopping anyway. This will help you avoid spending more than the amount on the gift card and will give you a chance to spend the extra cash on something you’ll really enjoy.