The longer you hold onto a gift card, the more likely you are to let it go to waste. If you’ve got an unwanted gift card burning a hole in your wallet, you might want to keep reading!
Our Chief National Consumer Correspondent Jeff Rossen found a few easy things you do can with those gift cards you got for the holidays that you just don’t want.
You can sell your gift card for cash on this website. You enter in the type of card it is and the amount. You then control how much it sells for. The website will give you a suggested competitive price. Then it’s listed for other people to buy on the website. Listing your card is free, but once it sells, Raise does take a 15% commission.
Most of the gift cards sold are digital, but if you're selling a physical card that can’t be converted, the site charges the greater of $2.75 or 1% of the value of the card for shipping. You can get your money has a check through PayPal or even a direct deposit.
This website is easy to use if you want to trade a gift card you don’t want for one you do want. You tap the sell button the website’s homepage, type in the store name and the card’s amount. You’ll see a button that says “trade for more.” It will list all the choices you can trade the card in for like; a Target gift card, an Amazon gift card, a Wayfair gift card, etc.
The prices will be slightly lower, but only by a few dollars and cents. Once you confirm your choice, the new gift card will come as an electronic gift card to your email. The site also lets you sell your gift cards for cash and you don’t have to wait for someone to buy it to get the money. You type in the card’s information and CardCash will pay up 92% of the card value. You get your money by a check in the mail, deposit, or PayPal.
Donate your card
You can use your gift card for good too. Websites like GiftCards4Change and CharityChoice Gift Cards will let you do it online. You can also look up your favorite charity to see if they have a place for you to donate your gift cards. For example, St. Jude Children’s Research Hospital has this spot on their website for you to do so. Many websites will give you a tax deduction form as well.
There are other ways you can use your gift card for good as well. You can purchase items to donate, like toiletries or school supplies. Hand the card to a local first responder or use it to buy them a meal.
Sell it yourself
You can also use sites like eBay or Facebook Marketplace to sell your gift cards. Just make sure you follow their safety guidelines.
Buy a gift card
Wondering about buying a gift card off of sites like Raise and CardCash? It’s easy and it’s cheap. We saw gift cards to purchase that you can get a major discount. Both websites have hundreds and hundreds of cards from different retailers. Worried about getting a gift card with nothing on it? Raise has a 1-year guarantee and CardCash has a 45-day guarantee. Once you file the report, the websites will refund your money. Visit the links above for more answers to your questions on how to buy gift cards off the sites. It’s a great option if you want to save some money and still get a gift card for you or someone you know.
National Use Your Gift Card Day
Did you know this is a holiday? It’s held on the third Saturday in January. This year, it’s on Jan. 15, 2022. It’s simple: find your gift cards, organize your gift cards and – use your gift cards! It’s not just a reminder to use them, some retailers offer discounts and perks if you do use them on this day. Click here to visit the website for more information.