How To Make Money From Unused Gift Cards

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Stuck With a Gift Card You'd Rather Use for Time Travel? Turn Those Plastic Rectangles into Cold Hard Cash!

Let's face it, folks, gift cards can be a gamble. Sometimes they're the perfect present, that delightful "get-exactly-what-you-want" feeling wrapped up in a shiny rectangle. Other times, they land in your lap like a fruitcake you can't quite bring yourself to regift (because, ew, fruitcake). But fear not, fellow gift card recipient with questionable taste in gift-giving relatives (we've all been there), there is a way to turn those unwanted plastic rectangles into something far more useful: cold, hard cash!

How To Make Money From Unused Gift Cards
How To Make Money From Unused Gift Cards

Cashing In: From Plastic to Profit!

There are a variety of ways to transform your unwanted gift card into financial freedom, or at least enough for a decent cup of coffee (or, depending on the gift card, several cups!). Here are a few options to consider:

1. Become a Gift Card Gandalf: Use the Power of the Online Marketplace!

The internet, that magical land of cat videos and questionable life choices, can also be your key to gift card riches! Several online marketplaces allow you to sell your unwanted gift cards for a discounted price. Think of yourself as a digital Robin Hood, taking from those who don't need the gift card and giving (well, selling) to those who do.

Pro Tip: Do your research! Different platforms offer varying rates, so shop around to get the most bang for your plastic buck.

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2. The Pawnshop Shuffle: Is it Desperate or Genius?

Pawnshops: bastions of mystery, and sometimes, surprisingly good deals! Many pawnshops will buy your gift card for a fraction of the value, but hey, it's instant cash! Just remember, the price might not be what you dreamed of, so this option is best for gift cards with a lower value.

3. The Friend Factor: Barter is Back, Baby!

Do you have a friend who seems to constantly shop at a store you never visit? This is your chance to play matchmaker! Offer to sell them your unwanted gift card at a discount. It's a win-win! You get some cash, and they get a deal on their next shopping spree.

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Just a heads up: Make sure it's a close friend. Awkwardness can ensue if you try to barter a Bed, Bath, & Beyond gift card to someone who hasn't showered in a week.

Frequently Asked Questions

Frequently Asked Questions: Your Guide to Gift Card Glory!

How to Choose the Best Platform to Sell My Gift Card Online?

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Research! Compare rates, fees, and user reviews to find the platform that works best for you.

How Much Cash Can I Expect to Get for My Gift Card?

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This depends on the platform, the store, and the face value of the card. Generally, you can expect to get 70-90% of the value.

Is it Safe to Sell Gift Cards Online?

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Look for reputable platforms with buyer/seller protection and secure transactions.

Can I Use My Gift Card to Buy Something Else Online?

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Some online marketplaces allow you to use your gift card to purchase other gift cards.

Are There Any Fees Involved in Selling My Gift Card?

Yes, some platforms charge fees for selling your gift card. Be sure to factor these in when choosing a platform.

So there you have it! With a little creativity and these handy tips, you can transform those unwanted gift cards into something far more valuable. Now go forth and conquer the world (or at least buy yourself a decent cup of coffee) with your newfound financial power!

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