3 Ways to Convert Unwanted Gift Cards Into Cash or Equivalents

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Reward playing cards have been the most well-liked kind of current for greater than a decade now, as we lately reported. So there’s a very good probability you acquired one for the vacations — maybe one you didn’t even need.

In the event you’d reasonably have had one thing else as a substitute of the present card you bought, don’t fret. There are a number of methods to transform an undesirable present card into one thing extra helpful, together with money. Listed below are three:

1. Promote it

On-line marketplaces like Cardpool.com or Increase.com allow of us with undesirable present playing cards to promote them to different customers.

That is considered one of few methods to get money out of a present card. The tradeoff is that you simply’re promoting your present playing cards for rather less than their face worth — that’s why folks are prepared to purchase them.

Simply observe that every gift-card change has completely different procedures, resembling for promoting and paying out. So learn the foundations first.

2. Commerce it in

In the event you would like a Goal present card to the one you acquired, take your card to a Goal retailer that participates in Goal’s present card change program.

Even in the event you’ve already used a part of the present card stability, you may change the remaining stability for a Goal present card.

three. Regift it

You possibly can regift an undesirable present card in the event you don’t wait too lengthy.

Usually, a present card is legitimate for not less than 5 years from when it was bought, based on the U.S. Federal Commerce Fee. However inactivity charges can kick in after one 12 months.

Alternatively, you could possibly use an undesirable present card to buy a present for another person.

What do you do with undesirable present playing cards? Tell us beneath or on our Fb web page.

Disclosure: The knowledge you learn right here is at all times goal. Nevertheless, we typically obtain compensation whenever you click on hyperlinks inside our tales.

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