Whether you have one gift card or ten to places you do not think you would like to shop at, you might be interested in ways you can turn those cards into cash. This way, you can then take the cash and spend it any where you want, whether it is at your favorite clothing store or at the grocery store. To help you determine the best way for you to do this, you will want to take a few moments to check out the following suggestions.
Sell It Through Your Social Media Pages
If you have a lot of friends and family on your social media pages, you might want to see if any of them would like to purchase your gift cards. You could sell them at face value, for the exact amount that is available on the gift cards. However, to make the cards more appealing and to encourage others to want to buy them from you, you might want to offer to sell them for a little less than the value of the card. This way, you are getting cash in hand and the buyer is getting a deal because they will have extra money to spend at those stores, even if it is just five or ten dollars.
Contact Companies That Purchase Cards
There are now some companies out there that you can contact to see if they would like to purchase your gift cards, and you can research these online at sites like giftcardmasters.com. These companies will always offer to pay less than the current value of your card. This is so they can make money on the transaction. However, the process is usually fairly streamlined, which means you should be able to get the cash you want or need quickly. The amount that the company will pay for your gift cards will depend on various factors, such as the amount on your card, the popularity of the store it belongs to, and how well those cards have later sold for them in the past.
While turning your gift cards into cash may not be something that you want to do with every single gift card that you receive, it is always worth looking into for the cards that you might not otherwise want to use. At least this way, you are still able to get something out of the gift that you have been given. You are just shopping elsewhere than the intended location.
Share23 June 2017
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