What to Do With Unwanted Gift Cards

Each year, gift cards become more and more popular, and according to some recent statistics, up to 30% of people gave gift cards during the most recent holiday season. In 2014 alone, gift cards sales hit a record $124 billion, making it the most popular item during the holidays. You may have received plenty of gift cards yourself, and when they are for stores that you like to shop at, they can be the perfect gift. But what if you receive too many gift cards for a certain store, or receive cards for places you have no interest in shopping at?

For whatever reason, you may find yourself in a situation where you want to get rid of some gift cards. Fortunately, the Internet offers quite a few novel solutions to such gift card dilemmas. Here are some ideas for what to do should you have more gift cards than you want or need.

  1. Sell Your Gift Card

    Card Cash SiteSites like Card Cash make it easy for you to sell your gift card for a cashier’s check or a deposit into your Paypal account. The downside is that you won’t get the full value of your card. Usually, you can expect to be paid 70 – 90% of the value of your card.  All you need to do is enter in your gift card number, then mail in your gift card to the specified address to receive your payment.

  2. Exchange your Card

    Since Card Cash also sells gift cards that are discounted up to 20%, it’s a great place to swap your card as well. To do this, simply sell the card the usual way, and once you have your funds, go back to the site and  make a purchase for a card of similar value.

  3. Re-Gift the Card

    This may strike you as a tacky thing to do, and it can be if you just hand someone else a gift card that you don’t need, knowing the other person will have no need for it either. But when this is not the case, it is just a smart way to give away a card to someone who will put it to better use. For example, if you have no interest in music and receive an iTunes card, it is acceptable, in our opinion, to give that card as a gift to someone who you know is a music lover.

  4. Donate the Card

    Believe it or not, many charities accept gift cards as donations. One such charity is GiftKards4Kids. In addition to supporting a worthy cause, gift card donations are also tax deductible. You don’t have to donate unused cards only. If you have a stack of cards with only a few dollars on each, and don’t expect to use them up, donating the cards is a great way to get rid of them.

  5. Sell it on Ebay

    Admittedly, this takes a bit more work than just selling your card to Card Cash , but it might be worth it since you’ll come closer to selling your card for full face value.

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