Options When You Don’t Need Your Gift Cards

giftcards

Before you throw out your unwanted gift cards, keep in mind that there are many ways you can get a little something in return for them. Below are five things that you can do with unused gift cards:

Sell on eBay Generally, gifts cards sell on eBay for 70% – 95% of the gift card’s value. Before you throw out an old gift card that you don’t intend to use, consider selling it on eBay, and getting some cash for it instead. Keep in mind that when selling through eBay you do pay some fees. But if you are a regular eBay seller, this should be an easy way to turn your unused gift cards into some cash.

Regift: Regifting has a negative stigma attached to it often times, but there if

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3 Responses to Options When You Don’t Need Your Gift Cards

  1. disneysteve says:

    I second the ebay suggestion. I’ve sold gift cards on ebay a few times. Most recently, my wife found a Ruth’s Chris card while cleaning. We had gotten it a couple of years ago and forgotten about it (we don’t eat meat). I called to verify it was still valid for $100 and listed it on ebay. It sold for $99.01. After fees, we still cleared over $90.

  2. Brenda says:

    If you have several cards from one merchant with nominal balances on each, you can usually return to the merchant where they will combine the amounts into one new card–which you can use, or do as suggested above.

    On the reseller options, there have been reports about the number of people who have defrauded buyers–that is, sell gift cards without any value. One can’t do that many times and get away with it, but the purchaser should beware. (Perhaps ask the seller for the card number and a toll-free number to check the balance before bidding or making payment.)

  3. Jason says:

    As an alternative to the FreeCycle option, Craigslist is another free and simple way to get rid of a card with a minimal balance. Offer it up in a ‘Free Stuff’ or similar catagory, and either pay the $.41 to mail it or request a SASE from whoever wants it.

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