Sell unwanted gift cards for cash
Don't Waste Your Money
Last Updated: 121 days ago
Now that the 2012 holidays are over, do you have a drawer full of gift cards?
Chances are some are for stores or restaurants you never visit, meaning they will probably go unused. But that doesn't have to happen.
Like so many of us, Trista Popper and Amber Patchman of Northern Kentucky each received a wallet full of gift cards over the holidays. And they already know they won't spend all of them. Amber said "some usually go unused. I forget they're there."
Popper told me "I usually just leave them in my purse for months."
Beth Baldner told me "I try to use them as soon as possible, otherwise I will forget them."
But rather than buying stuff you don't want right now, or just leaving them to collect dust and expire, why not cash them in?
Sell your Gift Cards for Cash
An entire gift card trading industry has popped up in recent years:
How they Work
Card Pool recently tied Plastic Jungle for top ratings from Consumer Reports Magazine.
Card Hub is unique in that it uses Facebook to trade cards.
At Swap-a-Gift, you'll pay $1.99 to list a card you want to sell. List it at a slight discount, and someone will take it off your hands.
If you want an immediate sale, without haggling, then you may want to try
Plastic Jungle , which will buy your card immediately for a commission fee. I tested the site by offering it a $30 Best Buy Gift card. Plastic Jungle made me an immediate offer of $30. Not a great deal, but fast and easy.
Sure, these may not be the best business deal, compared with getting the full value, but it sure beats leaving that card unused forever.
Viewers have asked me if you can return a gift card: No: Stores won't take them back. The bottom line: The only way to get full value out of a gift card is to use it at the store that issued it.
But if you can't do that, you may want to try these sites, so you Don't Waste Your Money.
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