Gift cards are a popular gift option, but sometimes you may prefer to have cash instead of using them to purchase items or services. Fortunately, there are several ways to turn gift cards into cash. In this article, we will explore some of the most popular ways to do so through Cashale.
Sell your gift cards online
One of the most popular ways to turn gift cards into cash is by selling them online. There are several platforms where you can sell your gift cards, such as Raise, Cardpool, and Gift Card Granny. These platforms allow you to list your gift card for sale, and buyers can purchase them at a discounted rate. Once your gift card sells, you can withdraw the cash and deposit it into your bank account.
Use a gift card exchange kiosk
Use a gift card buyback service
Another option is to use a gift card exchange kiosk. These kiosks are usually located in grocery stores, malls, and other retail locations. You can simply bring your gift card to the kiosk, and the machine will scan it and make you an offer. If you accept the offer, the machine will dispense cash or a prepaid debit card. Keep in mind that gift card exchange kiosks may charge a fee for their services.
Gift card buyback services are another option to turn gift cards into cash. These services will purchase your gift card for a percentage of its value, typically between 70-90%. Some popular gift card buyback services include Giftcard Zen, CardCash, and Cardpool. Once you sell your gift card, you will receive payment via PayPal, check, or direct deposit.
Use a peer-to-peer marketplace
You can also use a peer-to-peer marketplace, such as eBay or Craigslist, to sell your gift card for cash. These platforms allow you to list your gift card for sale, and interested buyers can contact you directly. However, keep in mind that you will need to be cautious when using these platforms to avoid scams.
There are several ways to turn gift cards into cash. You can sell your gift cards online, use a gift card exchange kiosk, use a gift card buyback service, or use a peer-to-peer marketplace. Choose the option that works best for you, depending on the type of gift card you have and how much you want to sell it for.