How to Get Paid With a Gift Card
How to Get Paid with a Gift Cards: 7 Ways to Sell Your Gift Cards
How to get paid with a gift card. If you’ve received a gift card to your favorite store, department store, or eatery recently, you’re not alone. In fact, over $122 billion worth of gift cards went unredeemed in 2017. These unwanted cards are a waste of money and an opportunity for savvy spenders!
If you have some unwanted gift cards or you want to get creative with your holiday budget this year, there are plenty of ways to use them to your advantage and get cash in return.
With the help of these tips and tricks, you can sell your unwanted gift cards at a discount so that you’ll have more cash for the things that matter most. Read on to discover nine ways to get paid with gift cards!
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1. Get Paid With a Gift Card by Knowing Your Rights Before You Sell
Before you sell, you should know your rights. Most gift cards are considered “open-ended” contracts, which means that both the retailer and the consumer are bound by their terms.
When customers purchase gift cards, they’re making a promise to use them. If they don’t, the retailer can try to get their money back by forcing the owner of the card to take the money.
In some cases, gift card issuers can even sue gift card owners for non-redemption. However, retailers cannot charge an inactivity fee until two years have passed since the card was issued. That said, certain retailers have their own policies and exceptions, so it’s best to check with your gift card issuer to know your rights.
2. Get Paid With a Gift Card by Sell Your Card Through an Online Reselling Platform
If you have a gift card to a popular store or restaurant, you can sell it online. There are many websites where you can list your gift card for sale at a discount. As an added bonus, you can receive payment through the platform, so you don’t have to worry about carrying the cash around or depositing it into your bank account.
Some sites will even offer you a gift card for your unwanted card so that you can shop for something you want! If you want to sell a gift card quickly, it’s best to sell it at face value. While you might be tempted to list it higher, less scrupulous individuals could try to buy it and then resell it at a discount to someone else.
3. Get Paid With a Gift Card by Host an Online Yard Sale for your Gift Cards
If you have a large number of gift cards, a great way to get rid of them all at once is hosting an online yard sale. You can buy and sell gift cards on websites like Cardyard and Gift Card Exchange.
If you’re looking to cash out big, check out Cardpool and Gift Card Buyback as well. These sites will let you list multiple gift cards and then find the best offers from each site. Then, you can choose the one with the highest payout and list your gift cards for sale.
4. Get Paid With a Gift Card by Trade in for Cash with a Reputable Company
Another option for cashing in on your unwanted gift cards is to trade them in for cash. You can search for gift card exchange sites online to find reputable companies that buy gift cards at a discounted rate.
You can then have the company transfer the funds to your bank account or send you a check in the mail. Many sites will also offer you a discounted rate if you have more than one gift card to sell.
5. Get Paid With a Gift Card at the Store’s Redemption Center
If you have a gift card to a store that offers a redemption center, you can use the gift card and get a store credit rather than cash. Many stores (including Target, Kohl’s, and Walmart) have redemption centers where you can use your gift card and get a gift card back for the amount you spent.
If you want to sell your gift card, you can also try to sell it online. You can try to sell your gift card on an online marketplace or use a gift card exchange site to get cash for your gift card.
6. Get Paid With a Gift Card by Turn Your Card into a Voucher
If you have an unused gift card from a retailer that doesn’t offer cash or store credit for gift card sales, you can try to turn the gift card into a voucher. You can try to contact the gift card company directly to ask them if they’re willing to turn your gift card into a voucher.
If you’re turned down, you can try to talk to a manager. If your gift card is a gift card to a restaurant chain, you can also try to talk to a manager and have them convert your gift card into a gift card voucher. You can then try to sell the voucher on gift card marketplace websites, such as giftcardrescue.com.
If the company doesn’t want to do either of these things, you can try trading in your gift card on websites like CardCash.com and GiftCardGranny.com. These sites allow you to list your gift card for sale and then let you choose whether you want to receive cash or a voucher from the site.
7. Get Paid With a Gift Card by Get Paid in Cash Right Away!
If you don’t want to wait for someone to buy your gift card or you want to get paid as soon as possible, you can sell your gift card for cash. You can visit a local pawn shop or you can use an online gift card trading platform.
For example, CardHub’s gift card exchange platform allows you to sell your gift cards online and get paid in 24 hours. CardHub also assures you that your gift card will be sold at face value—not discounted.
If you don’t have a gift card, you can sell gift cards you’ve received as gifts, cards you’ve received as a promotion, cards you got as a bonus or even cards you’ve received as a change. You can also purchase used gift cards at a discounted rate and then sell them at face value to make a profit.
Get Paid With a Gift Card by Wrapping Up
Gift cards have become a popular gift in recent years and make the perfect present for friends and family. However, sometimes people end up with gift cards that they don’t want. In this case, there are plenty of ways to get paid with your unwanted gift cards. If you’re looking for a way to make a little extra cash, try selling your gift cards online or hosting an online yard sale. You can also try to trade in your gift card for store credit or turn it into a voucher.
