Skip to main content

Where Can Gift Cards be Sold for Cash?

A variety of gift card resellers will give you cash back for a gift card. Below are five places to look, both online and off.

Why Sell Gift Cards for Cash?

Got a gift card you don’t want? Then sell it for cash online, at a mall kiosk, in some grocery stores or at select service centers. You won’t get the gift card’s full value back in cash, but getting some money in return is better than nothing. Depending on where you sell the card and the demand for that particular brand card, the cash back offer can be anywhere from 60 to 92 percent. Payment options typically range from cash, a check in the mail, a gift card to a different store or a PayPal deposit.

Companies that buy gift cards turn around and sell the cards to other people at a slightly higher rate, but still below the face value. Since being the go-between in this gift card aftermarket can be fairly profitable, there are a number of places where gift cards can be sold for cash.

1. Online Gift Card Resellers

A variety of online gift card resellers will give you a cash offer for an unwanted gift card. Typically, the card’s balance must be at least 20 dollars, and higher offers are given for gift cards to popular stores that sell a myriad of merchandise. For example, you might get 92 percent cash back on a gift card to Walmart (nationwide store, sells everything from groceries to tires), but only 70 percent back on a gift card to Sunglass Hut (nationwide, but only sells sunglasses). If you sell the gift card online, you will either have to mail the card into the company in order to receive payment, or in some cases, you can submit the gift code electronically. (The gift code is typically a combination of the card’s number and, if it exists, the personal identification number (PIN).)

Learn more about online gift card resellers in this post.

2. Mall Kiosks and Other Stores

At my local mall, there is a kiosk where gift cards can be sold for cash. Run by one of the prominent online resellers, the cashier will make an offer for your card. If you accept the offer, the reseller takes the plastic and you walk away with the money. At this particular venue, the highest amount you can get is 75 percent of the gift card’s value. Although the amount you receive may be less, if you’re conveniently located near a kiosk, you can obtain money quickly.

Target may also accept gift cards, but you won’t get cash payment in return. You’ll get a Target gift card to spend instead. Please call your Target before going to the store to be sure they are still accepting cards.

3. Service Centers

Gift cards are also purchased at thousands of service centers across the country. Similar to the mall kiosk, the benefit of selling your card at a service center is that you receive payment immediately. The disadvantage is that you won’t make as much money since you are likely going through a third party.

happy dad gift card in a box

4. Grocery Store Machines

UPDATE 5/26/2020: Most of these machines have been removed from grocery locations due to the high cost of rent.

5. Online Auctions and Classified

Of course, you can always take matters into your own hands and try to sell a card yourself via an online auction site, classified ad or social media platform. (Tweet: I’m selling my $50 iTunes gift card for $40 cash. Who wants it?”) This may work, but be aware that there are no fraud prevention checks or customer service representatives to help you out if the deal goes awry.

A Note on Fraud Prevention

Speaking of fraud prevention, what stops someone from selling a gift card then quickly making an online purchase with the card number? Fraud prevention steps such as requiring the seller to provide identification, a credit card that will be charged if the value suddenly drops and other contact information are helpful. Many resellers have other proprietary measures in place as well. Situations like this, however, are exactly the reason I suggest only working with a reseller that offers customer service and a money-back guarantee.

7 signs that text is from a gift card scammer

Think you’re the victim of a gift card scam? Read this post on Gift Card Scam Protection.

With so many options to choose from, you should have no problem finding a place to exchange your gift card for cash. My boys sold their Christmas gift cards one year and used the money to pay for things they’d been saving for. Although they hesitated at first, both decided having a little money is better than having unused plastic.

Do you have any other questions about selling gift cards for cash or need other gift card help? Reach out to me in the comments below, on Twitter (@GCGirlfriend) or on Instagram (@Gift.Card.Girlfriend).

Happy Gift Carding!

~Shelley Hunter, Gift Card Girlfriend

comments powered by Disqus

The Giftcards.com Visa® Gift Card, Visa Virtual Gift Card, and Visa eGift Card are issued by MetaBank®,N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. The Visa Gift Card can be used everywhere Visa debit cards are accepted in the US. No cash or ATM access. The Visa Virtual Gift Card can be redeemed at every internet, mail order, and telephone merchant everywhere Visa debit cards are accepted in the US. No cash or ATM access. The Giftcards.com Visa eGift Card can be redeemed online or in stores everywhere contactless Visa debit cards are accepted in the U.S. No cash or ATM access. The Giftcards.com Visa Reward Cards are issued by MetaBank, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. The Visa Reward Card can be used everywhere Visa debit cards are accepted. No cash or ATM Access. The Giftcards.com Mastercard® Gift Cards are issued by MetaBank, N.A., Member FDIC, pursuant to license by Mastercard International Incorporated. The Mastercard Gift Virtual Account is issued by MetaBank, N.A., Member FDIC, pursuant to license by Mastercard International Incorporated. Mastercard Gift Virtual Account can be redeemed at every internet, mail order, and telephone merchant everywhere Debit Mastercard is accepted in the US. Mastercard Gift Cards can be used everywhere Debit Mastercard is accepted in the US. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The merchants represented are not sponsors of Giftcards.com or otherwise affiliated with Giftcards.com The logos and other identifying marks attached are trademarks of and owned by each represented company and/or its affiliates. Please visit each company's website for additional terms and conditions.

Giving Good Gift Cards, Happy Gift Cards, Holiday Favorites Gift Cards, and Choice Gift Cards are curated by Blackhawk Network and issued by MetaBank®, N.A., Member FDIC.