How to turn gift cards into cash?

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how to turn gift cards into cash

Gift cards are a popular choice for many when it comes to gifting, allowing recipients to choose what they really want. However, there might come a time when you find yourself with a gift card you don’t intend to use. Whether it’s an unwanted birthday present or a card from a store you rarely visit, the good news is that you can turn those gift cards into cash or at least something of equal value. Here’s how to do it.

1. Sell Your Gift Card Online

One of the easiest ways to turn a gift card into cash is to sell it online. Various websites, such as Cardpool, Gift Card Granny, and eBay, allow you to list your unwanted gift cards for sale. These platforms typically buy your card for a percentage of its value, meaning you can recoup some cash without needing to visit a physical store.

Before selling, check the market rates for similar cards to ensure you get a fair price. This option is especially beneficial for cards to popular retailers, where demand is higher.

2. Exchange for Cash at Retailers

Some retailers and grocery stores offer exchange services where you can trade your gift card for cash. Chains like Walmart and some supermarkets have kiosks that allow you to swipe your card and receive cash back. However, be aware that these kiosks often charge a fee, and you might not receive the full balance of the gift card.

3. Use a Gift Card Exchange App

In today’s digital world, apps that facilitate gift card exchanges have become increasingly popular. Apps like Raise and CardCash enable you to sell or exchange your gift cards with ease. Simply download the app, list your card, and wait for a buyer. This option provides the convenience of managing everything from your smartphone.

4. Trade with Friends or Family

If you have a gift card to a store that your friends or family frequent, consider trading it with them. For example, if you have a gift card for a clothing store and a friend has one for a coffee shop, a swap can benefit both parties. It’s a win-win situation, especially if you know someone who would value the card more than you do.

5. Visit Local Shops and Markets

Local shops, including those in London, may accept gift cards for items in their stores. While this method might not yield cash, it allows you to use the gift card’s value towards a product you genuinely want. Our very own Gift Shop London can be a great option for those looking to make the most out of their gift cards. While we don’t buy back gift cards, we do offer a wide range of personalised gifts and hampers that can be purchased with cash or debit/credit cards. If you have a gift card to a retailer we sell, it’s worth asking us if we can accommodate your needs.

Conclusion

Turning gift cards into cash doesn’t have to be complicated. Whether you choose to sell online, visit a local shop, or trade with friends, you have several options to convert those unwanted cards into something more useful. If you’re in London and looking for unique personalised gifts or gift hampers, don’t forget to visit Gift Shop London. We offer same-day delivery across London, ensuring your gifts arrive on time, tailored to the recipient’s tastes.

By exploring these options, you can make the most of your gift cards and ensure they don’t go to waste!