Get the Best Deals on Gift Cards for Cash Near You - Discover How to Turn Your Unused Gift Cards into Cash with Ease!
Do you have a drawer full of unused gift cards that you'll never use? Don't let them go to waste! With a little bit of effort, you can turn those unwanted gift cards into cash. And the best part? You don't even need to leave your house.
If you're wondering how to get the best deals on gift cards for cash near you, then look no further. There are plenty of websites out there that will let you sell your gift cards online. All it takes are a few clicks, and you can turn your unused gift cards into real money.
But before you start selling your gift cards, make sure you do your research. Not all gift card resellers are created equal. Some websites will give you a better deal than others, while some might even try to rip you off. So be sure to read reviews and compare prices before you decide which website to use.
It may take a bit of effort to sell your gift cards, but the payout will be worth it. So instead of letting your unused gift cards collect dust, take advantage of the opportunity to turn them into cold hard cash. Read on to discover more about how to get the best deals on gift cards for cash near you!
Introduction
Gift cards are popular among consumers as a form of gift-giving or personal shopping. However, people may receive gift cards they don't intend to use, leaving them in the drawer gathering dust. There is good news for those who have unused gift cards. It is now possible to turn these cards into cash with online platforms or through local stores. In this blog post, we will compare some of the best deals on gift cards for cash near you and discover how you can easily cash in those unused cards.
The Benefits of Using Gift Cards
Gift cards can be a convenient way to give presents or purchase items without using cash or credit. They offer various benefits, such as:
- Ease of use: Gift cards can be used in-store or online, making shopping more convenient;
- No expiration: Most gift cards do not expire, which means you can use them whenever suits you;
- Budget-friendly: You can set a specific amount on the card, helping you stay within your budget; and
- Higher redemption value: Many retailers offer discounts or rewards when purchasing items with a gift card.
The Downside of Unused Gift Cards
Although gift cards have many advantages, there is a downside when they go unused. If you put an unused gift card in a drawer and forget about it, it's almost like throwing cash away. Here are some reasons why you shouldn't ignore those forgotten gift cards:
- Expiration or inactivity fees: Some gift cards have expiry dates, and others may charge inactivity fees if not used within a certain period;
- Lost or stolen cards: Gift cards are equivalent to cash, so if they are misplaced or stolen, they can't be replaced; and
- Reduced value: Gift cards can lose value over time due to inflation or changes in the retailer's pricing policies.
Options for Turning Unused Gift Cards into Cash
If you have unused gift cards, you have several options to turn them back into cash:
- Online exchanges: Online exchanges allow you to sell your gift card to others. Some popular websites for gift card trading include CardCash, Raise, and GiftCard Granny;
- Retailer trade-in programs: Retailer trade-in programs allow you to exchange your unused gift card for a store credit or cash. For example, Walmart has its own gift card exchange program;
- Cash-back apps: There are various cash-back apps that offer cashback on gift cards. When you buy gift cards through these apps, you can earn a percentage of cashback. Popular cash-back apps include Rakuten and Swagbucks; and
- Sell locally: You can also sell your gift card locally through classified advertisements or social media platforms such as Facebook Marketplace or Craigslist.
Comparison of the Best Deals on Gift Cards for Cash Near You
Here is a table comparing some of the best deals on gift cards for cash near you:
Store Name | Exchange Rate | Payout Process |
---|---|---|
Cardpool | Up to 92% | In-store exchange, online exchange, or check by mail |
Gift Card Granny | Up to 92% | In-store exchange, online exchange, or check by mail |
Raise | Up to 85% | In-store exchange, online exchange, or PayPal payout |
Walmart | Varies | In-store exchange for Walmart credit or eGift card |
Target | Varies | In-store exchange for Target credit or eGift card |
Cardpool
Cardpool offers one of the best exchange rates for unused gift cards. The exchange rate can be up to 92% of the card's value, depending on its demand. Cardpool accepts gift cards from over 1,000 retailers and offers several payout methods, including a physical check sent by mail or an instant electronic payout. Cardpool also has a mobile app for easy access to exchanges.
Gift Card Granny
Gift Card Granny is another popular site for exchanging gift cards for cash. Gift Card Granny offers competitive rates of up to 92% of the card's value, depending on demand. They accept gift cards from over 500 retailers and offer both physical and electronic payout options. Gift Card Granny also has an app for easy access to exchanges.
Raise
Raise is known for offering gift cards at discounted rates, but it also allows users to sell their unused gift cards. The exchange rate is up to 85% of the gift card's value, depending on demand. The payout options include PayPal, check by mail, or an instant payout to the user's Raise account. Raise offers a guarantee for buyers and sellers, ensuring a safe and hassle-free transaction.
Walmart & Target
Retailers such as Walmart and Target also have their own gift card exchange programs, allowing you to exchange your unused gift card for store credit or an eGift card. Walmart offers a variable exchange rate, depending on the gift card's value and demand. Target offers payouts in the form of Target gift cards without any fees.
Conclusion
Unused gift cards can be a source of frustration and wasted money. But with online platforms and local stores, you have many options for converting your unused gift cards into cash. When deciding which platform to use, consider the exchange rates, payout methods, and safety guarantees offered by each. By taking advantage of these services, you can turn your unused gift cards into cash with ease.
Thank you for taking the time to read our blog on how to turn your unused gift cards into cash with ease! We hope that this article has provided you with helpful insights on ways to get the best deals on gift cards for cash near you.
By following the tips and tricks outlined in this article, you can avoid the pitfalls of holding onto unwanted gift cards and instead, turn them into instant cash. Whether you're looking to free up space in your wallet or boost your bank account, selling unused gift cards is a smart financial decision that anyone can make.
If you have any questions or comments about this article, we invite you to contact us at any time. Our team is dedicated to helping you achieve your financial goals by providing you with the latest tips and insider information on everything related to gift cards and cash. Thank you again for visiting our blog and we look forward to hearing from you soon!
People also ask about getting the best deals on gift cards for cash near them:
- What are some reputable websites or apps to sell my unused gift cards?
- Some popular websites and apps to sell gift cards include Gift Card Granny, Cardpool, Raise, and eBay.
- Can I sell partially used gift cards?
- It depends on the website or app you choose. Some will only accept fully unused gift cards, while others may allow partial balances to be sold.
- How much can I expect to receive when selling my gift cards?
- The amount you can receive varies depending on the retailer and demand for that particular gift card. On average, you may receive between 70-90% of the face value of the gift card.
- Is it safe to sell my gift cards online?
- Yes, as long as you use a reputable website or app. Look for sites with secure payment methods and positive customer reviews.
- Are there any fees associated with selling my gift cards?
- Again, it depends on the website or app you choose. Some may charge fees for listing your gift card, while others may take a percentage of the sale price as a commission.
Discovering how to turn your unused gift cards into cash can be a simple and easy process with the right resources. By doing some research and choosing a trustworthy platform, you can get the best deals on gift cards for cash near you!