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In 2015, $130 billion was spent on gift cards and out of that close to $1 billion went unused. That’s a lot of money, right?
I know we all buy gift cards and receive gift cards throughout the year, but some gift cards are just never used for one reason or another. Usually, what I do with my unused gift cards, if they don’t expire before I remember them, is perform a random act of kindness online and give them to someone in need or I regift them during a gift giving occasion.
However, as times have changed and become more digital friendly, there are now ways that you can sell your unused gift cards for cash so you don’t have to worry about them expiring or becoming wasted money.
Today I am exploring the topic of how to sell your unused gift cards for cash.
Things to Be Aware of Before Considering Selling Your Unused Gift Cards
Before I jump into how the process of selling your unused gift cards for cash works, I first want to point out a few critical things to remember before you get involved in the process.
- You are not going to be able to sell the gift card for the entire amount available.
- You should research both online and offline options to see what will get you the best deal
- When selling to a gift card company make sure you research them first to make sure they are legit
How to Sell Your Unused Gift Cards for Cash
For the purposes of this post, I will be explaining the process of how to sell your unused gift cards for cash using the website Gift Cardio.
Go to Gift Cardio and select sell gift cards.
Enter the name of the store that you have a gift card for and select sell gift card.
Once directed to the store page input the amount of the gift card and how quickly you want to sell it.
Now based on the options that they turn up you can select which site you want to place your gift card on to sell it. Your options will vary based on the retailer. (NOTE: Gift Cardio only recommends credible websites to you, therefore, you don’t have to worry about being scammed and you can see what options you have available to you all in one place).
Continue over to the selling site and list your gift card, wait for it to sell, and receive cash.
Final Word on Selling Unused Gift Cards
Selling unused gift cards can be a quick and painless option when using websites such as Gift Cardio. The main things to worry about is making sure you are working with an ethical and legit company or doing business with someone you trust to follow through on their end of the bargain.
Have you ever sold an unused gift card before?