More than $1 million in gift cards are not used every year. This means that a lot of people either chose to not use their gift card because they don’t find them useful, or they keep forgetting to use them until it expires. So, to avoid letting your gift card go to waste, it is ideal to sell it for cash instantly; even if it is at a discounted price. Now, selling gift cards for cash instantly is no more hustle. There are legit places where you can sell gift cards for cash instantly that you may not know. Most of those places are online. While the physical places that would let you trade your gift cards would always exchange them for their gift cards with a reduction in worth. Let us know more detail about ‘Sell Gift Cards For Cash Instantly Near Me’.
Where to sell gift cards for cash instantly near me?
Finding a physical store to sell your gift card for cash instantly in the United States can be a tedious task. All stores that offer gift cards in the United States do not have a supportive trade-in program to exchange any Gift card (even their gift cards) for cash. Instead, they will let you exchange another store’s gift cards for theirs.
However, to sell your gift cards for cash instantly, here are some of the actual places to achieve that:
1. Gift card exchange kiosk
Gift card exchange kiosks are one of the fastest ways you can convert your gift cards to cash, instantly. Although most of the exchange kiosks are being shut down by their operational stores, some are still available in grocery stores and other supermarket chains like Target, Walmart, Marcy’s, etc.
Gift card exchange kiosks are just like automated teller machines. To exchange your gift card for cash, put your gift card’s information into the system. Look at how much they are willing to pay you for your gift card and decide if you accept it or not. If you accept it, print the voucher from the system and take it to the cashier in the store, and get paid in cash.
To avoid going out to several stores without finding a gift card exchange kiosk, it is advisable to call the store beforehand to enquire.
2. Amazon
Amazon lets you transfer your gift card balance to your bank account or your debit card. Unfortunately, Amazon does not deal with any other store’s gift card, just theirs. You can redeem your Amazon gift card online, from your home.
All you have to do is log into your Amazon account, click on your balance, select redeem a gift card, enter your gift card code, enter how much you want to be transferred from your gift card, and then provide the required information to complete the payment.
3. CardSell
Using the CardSell mobile app, you can sell your gift card from the comfort of your home, online. To sell your gift card for cash, you have to share your card information and verify with the retailer. Cash will be deposited into your PayPal account about 48 hours after the sale is concluded.
4. Facebook Marketplace
Facebook Marketplace is a good place to list your gift cards for sale. People who are interested in your offer will have to message you directly. If your offer is accepted, you have to agree on a payment method to get your money or you receive your payment as you deliver the gift card physically, or use an escrow.
5. GiftCardBin
GiftCardBin use to be a website where you sell your gift cards for cash instantly, but now they only exchange gift cards for cash at physical locations. To find one of their outlets that is near you, Log on to their website and input your ZIP code into the search bar. If there’s an outlet near you, you will have to bring in your gift card and a valid form of identification, accept their offer, and claim your cash.
6. GiftCash
GiftCash is a dedicated website for selling gift cards. If you have a gift card for sale, you will have to go on the website and type in the card you want to sell and how much you are willing to sell it for. But the thing is, you can never sell your gift card for exactly its worth. People will always want to buy it for about 80% – 90% of its worth.
Stores that consider exchanging other retailers’ gift cards for theirs
1. Walmart
Walmart owns over 4,000 stores in the United States and has a trade-in program that supports trading in another store’s gift card for theirs. Through a third party called CardCash, Walmart will accept your gift card for about 10% less than its worth. This means that you will not get in return exactly the value of the gift card you sell/exchange for theirs.
For instance, if you are trading in a gift card that is worth $100, you will their gift card that’s worth $90 or $95. You have the option of doing this online or walking into a Walmart store and having them take you through the process. Some of the gift cards Walmart accepts are Starbucks, Olive Garden, Target, eBay, Michael’s, Chipotle, Burger King, Amazon, Ulta Beauty, Applebee’s, and PetSmart. As time goes on, Walmart will keep updating its list.
2. Target
Target has more than 1,900 stores in the United States and finding one near you can be easily done by using their store locator search engine on their website. Meanwhile, just like Walmart, Target has a trade-in program that supports swapping other stores’ gift cards for theirs but with about a 10% in reduction in worth.
All you have to do is locate a Target store using the store locator on their website, speak with a representative, find out what stores’ gift cards they accept and agree on whether to proceed with the gift card exchange or not.
Conclusion
Instead of letting unwanted gift cards waste, you can turn them into cash by simply exchanging them for cash online from the comfort of your home, or walking into a store. Unfortunately, most stores don’t exchange gift cards for cash, instead, they would want you to convert your gift card to theirs.
If you are not cool with that idea, you can also look at other options of spending your gift card which don’t include you having any cash back. You could do a trade-by-barter with someone or gift it to a friend or family member who needs it.
Frequently Asked Questions
- Does Walmart have gift card exchange kiosk?
Walmart use to have gift card exchange kiosks that exchange gift cards for cash. But since their new trade-in program policy kicked in, they now only exchange other retailers’ gift cards for theirs.
- Can I trade-in my gift card at Target?
Target’s trade-in program lets you trade your gift cards only for their gift cards at a discounted price. Only on rare occasions will the trade your gift card for cash.
- Can you transfer money from a gift card to a debit card?
You cannot directly transfer money from a gift card to a debit card. Instead, you can transfer it to a financial platform like PayPal that is linked to your debit card.
- Where can I trade-in my gift cards for money?
Most places that will trade in your gift cards for money are found online. The few are gift card exchange kiosks which are fast becoming obsolete.