You’ll also need to be careful when dealing with buyers, as there is always the potential for scams. If you have a Visa gift card that you’re not using, you can sell it using an app. There are a few different apps that you can use to do this, but we recommend using Cardpool.
- If you want to convert your gift card to cash, there are several options.
- After that, a receipt will print out that you can take to the register and redeem for cash.
- I go through all the best ways to use Fetch Rewards right here.
A gift card kiosk allows you to turn physical gift cards into real money that you can spend or save. It’s set up in a way to allow for self service and is super convenient and easy to use. Gift card exchange kiosks accept gift cards from many retailers and will pay you a percentage of the balance on the card. One option is to sell gift cards to a gift card exchange service. These services allow you to sell your gift card for Cash and typically offer a slightly higher rate than the card’s face value. Another option is to exchange your Visa gift card for a different type of gift card that provides a simpler conversion method. Usually displayed on large stands, you can oftentimes purchase gift cards from numerous retailers without having to visit the store itself.
Did You Receive A Gift Card You Don’t Need? Here’s How To Sell It For Cash
A great app for making extra money, including with cash back from online shopping, watching videos, playing games and more. While using a Coinstar Gift Card Exchange kiosk is no longer an option, the classic Coinstar kiosks are still a great resource. While the cash-out will be a quick process, the payout will likely be low, with some shops only paying out 50% of the card’s value. Exceptionally, the UK offers both cash counting and the “Donate to charity” option.
The machine will verify the gift card’s value and then offer you a cash amount in exchange. The machine will dispense the cash if you accept the offer.
When I did it, I inputted my gift card info into the online form; I told them what I wanted to trade it for. They validated my gift card balance and then emailed me a Target Gift Card in a matter of 30 minutes (if that, it was probably more like 15 minutes). Paying bills with gift cards can be a great way to stay on top of your finances.
- In particular, selling gift cards online appears to be the easiest and most secure option.
- As a frugal nut, I’m always looking for ways to save money.
- Most gift card kiosks accept gift cards from hundreds of merchants.
- You won’t receive any money until someone buys your gift card.
- The last thing you want to do is offer a $50 card only to have $30 or less remaining.
Check with your credit card issuer to see what options are available. The gift card exchanges we reviewed are all reputable with secure checkout, so your information stays safe. You won’t get 100 percent of the value of the gift card you’re selling, but that’s normal; it’s how gift card exchanges make money.
You may, however, be able to sell collectible versions of expired gift cards on eBay. ClipKard makes it as easy as possible to sell gift cards for cash online.
The only hitch is that payments are only made by check and it can take up to 10 days to receive payment. So if you need instant cash for your gift cards, you may want to explore one of the other online gift card exchange kiosk options mentioned here. Cardpool is unique in that it offers its gift card exchange service through kiosks.
Multi-store Gift Cards
A gift card exchange kiosk is a self-service place, usually in a grocery or big box store, where you can exchange your unused gift cards for cash. Remember, the egift card machines aren’t like those other machines where you add coins to the tray. There are several ways to transfer money from a gift card to a bank account. One option is to link the gift card to an online payment service like PayPal, Venmo, or Cash App. Once the card is connected, you can simply forward the money to your bank account.