60% of Americans prefer to receive cash or gift cards as holiday presents. And that’s great if you love the service or store that the gift card is for.
But what if you receive a Starbucks gift card and you hate coffee? What can you do with unwanted gift cards?
Lucky for you, there are tons of things you can do with unused gift cards so that the present doesn’t go to waste. Here are some suggestions to turn trash into treasure.
1. Sell the Unwanted Gift Cards
If you would rather have the monetary value of your unwanted gift cards, you can sell gift cards in exchange for cash.
In most instances, you won’t get the exact price that the gift card is worth. But hey, it’s better than nothing.
Don’t know how to sell a gift card? Well, you could sell it on peer-to-peer selling sites like Facebook Marketplace. Or, post it on a gift card selling site like Raise or Gift Card Granny.
You could find a friend or colleague who wants to buy a gift card at a discounted rate.
2. Swap the Gift Cards
There are plenty of people like you out there who have unwanted gift cards they need to get rid of. If you would rather receive the like-for-like value of your gift card, this is the most reliable method.
There are tons of gift card kiosk exchange websites that act as middlemen and host these types of deals.
3. Regift the Gift Cards
You might not use a gift card for a gaming store, but your best friend might love it.
Regifting an unwanted gift card might mean you can give a more expensive gift than you would be able to afford under normal circumstances.
4. Donate the Unused Gift Cards
Feeling philanthropic? If you have a gift card for stores like Amazon, Target, or Walmart then there are plenty of charities that would get a lot of value out of your gift card.
Homeless and refugee charities, in particular, are always in need of household items and office supplies.
5. Use the Gift Card To Buy Things To Sell
This is an “out of the box” suggestion, but you could stand to make a profit if you are savvy. You could use your unwanted gift cards to buy products that you can sell online.
This is a great idea if the card’s expiration date is looming because that will make the gift card harder to sell.
Do your research to find out what sells second-hand in mint condition. Don’t forget to take website seller fees and mailing fees into account, too.
6. Return the Gift Card to the Retailer
This might not be an option for every gift card, but sometimes the retailer will take back the gift card. Be mindful that they may only refund 90% or less of the card’s monetary value.
Put Your Unwanted Gift Cards To Good Use
Not using gift cards is money down the drain. So, swap or sell your unwanted gift cards so you can make use of and enjoy the thoughtful present.
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