Rather than keeping a card you won’t use, consider liquidating the balance for cash. There are many websites that offer to purchase unwanted cards for close to their face value.
You can also donate your unwanted gift cards to a charity such as 문화상품권매입 CharityChoice. In addition, there are some online retailers who will accept gift cards for a discount.
How It Works
Whether it’s a gift card to a hardware store when you’re not much of a DIYer or a fast-food gift cards when you’re trying to eat healthier, many people end up with gift cards that go unused. Those cards can sit in your junk drawer, or you can turn them into cash.
An online gift card reseller like CardCash will offer you money for the gift cards that you’re unable to use. You can enter the name of the card and its value, and then you’ll receive an offer. If you accept the offer, funds will be removed from the card and given to you in cash or to your credit or debit card account via a payment receipt.
Another option is to exchange a gift card for one from a different retailer, suggests money-saving expert Timm Walsh. He says this might be better if the card is to a store that you need for an upcoming purchase or trip.
Getting Started
If you receive a gift card that you’re not interested in using, there are several ways to convert it into cash. One way is to sell it to a third-party website that specializes in buying gift cards, such as Raise or GameFlip. These websites will typically pay you a percentage of the value of the gift card in cash, and they take a small cut once the transaction closes.
Alternatively, you can give the gift card to friends or family members who would appreciate it. Another option is to regift the card for a future birthday, anniversary or graduation.
To use Gift Card Cash-Out, you need a Payments Setup permission that includes the Payment Methods and cash drawer use permission. You also need to configure the Cash Out Gift Card payment method in the POS. Once this is complete, you can use the button on the Order Screen to cash out gift cards. When the transaction is processed, it creates an event notification that contains information about the cash back amount and the payment method.
Getting Paid
Gift cards are a great way to give money to friends and family. But what happens when the card’s value isn’t used up? Some people regift the cards, which can diminish the original sentiment, while others sell them online. But those methods can have fees, including card replacement charges and shipping costs.
Another option is to turn the card into cash at a physical store. Many retailers have laws requiring them to offer cash for gift cards with a balance below $10, according to NerdWallet.
If your retailer doesn’t offer this service, some customers have had success using their unused gift cards to buy items that are in demand and then selling them on marketplaces like eBay or Facebook Marketplace. It’s a bit of work but could be worth it to get the maximum value out of your card. In some cases, you can also trade your gift card to another merchant for a higher value, such as Amazon or Target.
Managing Your Account
If you’re looking to make a quick buck, you can sell unwanted gift cards online for cash. But be careful — some of these websites may not be legitimate. Many people have reported that they’ve been scammed by illegitimate businesses and even shady family members.
To avoid being ripped off, check out this list of safe and reputable sites that offer cash for gift cards. Many of these sites also let you trade in your gift card for another one that’s more valuable, such as Amazon or Target.
You can also try using your gift cards for things you need, such as a household item or something that would normally put a dent in your budget. That’s a win-win because you’ll get the items you want and free up money that can be used for other expenses.
Alternatively, you can ask retailers to cash out the cards for you. Some states have laws that require them to do so if the balance is below a certain amount.