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Home » Where to sell unwanted gift cards

Where to sell unwanted gift cards

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where to sell unwanted gift cardsMoney matters. Nearly half of us give or get gift cards for the holidays, birthdays and other anniversaries. If you don’t like the store, restaurant or movie theater, you can sell that gift card for cash, and get anywhere from 65 to 95 cents on the dollar. Even losing up to 20 percent or more of the face value is better than leaving the gift card unused and forgotten in some “to do” pile and losing it all.

Unfortunately, that’s exactly what many of us do.  The research organization CEB TowerGroup estimates that $1 billion of the $130 billion spent on gift cards in 2015 went unused.

 You could always re-gift the card, to somebody you know who likes that store, restaurant, or movie theater.  Or donate it to a local charity, such as a food bank or women’s shelter, to buy supplies or even coffee and donuts for the staff.

The general rule with selling gift cards is that you’ll get a higher percentage back with a larger value. You’ll also likely get a better rate for gift cards from popular retailers online and brick-and-mortar stores including Starbucks, Home Depot, Walmart, Target, Best Buy, McDonalds, Sephora, and even iTunes, according GiftCardGranny.com

Sell a gift card online
  • GiftCards.com
  • Cardpool.com
  • Raise.com
  • Cardcash.com
  • MonsterGiftCard.com
  • GiftCardGranny.com
  • GiftCardRescue.com

You can also purchase discounted gift cards at these sites.

Sell a gift card at a kiosk

Many malls and grocery stores now feature automated gift card buying machines, made by the people behind Coinstar and Redbox. You can also sell your unwanted gift card at these kiosks, and get back anywhere from 60 to 85 percent of the card’s value, according to GiftCards.com.

Find a Coinstar Exchange machine near you.

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ecoXplorer is your guide to smart spending and eco-friendly living

Evelyn Kanter is a journalist with 20+ years of experience as a newspaper and magazine writer, radio & TV news producer & reporter, and guidebook and smartphone app author – all focusing on travel, automotive, the environment and your rights as a consumer.

Evelyn currently serves as President of the International Motor Press Assn. (IMPA), and is a past Board Member of a prestigious professional group for travel journalists.

Contact me at evelyn@ecoxplorer.com.

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