Gift cards are not an unusual present to receive from friends, family members, or even strangers. However, it can be a waste if you receive a gift card from a store you don’t frequent.
Luckily, many methods have been created where you can exchange these gift cards for cash. Whether these gift cards are to be used in Walmart, Costco, or IKEA, it doesn’t matter when it comes to turning them into cash.
If you’re looking for a way where you can convert your Walmart gift card into cash, or any other gift card, you’ve come to the right place! We’ll give you the latest info on the best ways to turn your gift card into cash.
How To Turn Walmart Gift Card Into Cash?
There are two popular methods to turn Walmart Gift Cards, or any gift card into cash. They are either to use a Gift Card kiosk or an Online Gift Card to Cash Service.
The other longer and less convenient way of turning gift cards into cash would be to sell them on consumer-to-consumer websites manually. These websites include eBay, Craigslist, and Facebook Marketplace.
You could ask your circle of friends to see if anyone would be interested in your gift card. The chances are that they won’t be, which is why using an online marketplace to reach more people gives you a higher chance of selling your gift card.
With that being said, Gift Card Exchange kiosks or Online Gift Card to Cash Services are still the best options. Let’s see what Gift Card Kiosks are all about.
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What Are Gift Card Exchange Kiosks
Gift Card kiosks are a fast and straightforward way to exchange your gift cards for cash. These kiosks work exactly how you think they work – they take any gift card in exchange for cash. There are a few things to take note of when using a Gift Card kiosk.
The majority of these kiosks will not give cash equivalent to the value of your gift card. They would give anywhere from 50% to 75% of your gift card value back in cash. This means that if you have a $50 Walmart Gift Card, the Gift Card to Cash Kiosks would give back anywhere from $25 to $37.5 in cash.
This depends on the location as well as the company providing these Gift Card Exchange kiosk services. Be sure to check how much cash your kiosk will give back before converting your cards into cash.
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Where Can I Find Gift Card Exchange Kiosks
There are several retail stores, grocery stores, and pharmacies that have Gift Card to Cash Kiosks. However, Gift Card kiosks are pretty outdated in 2022.
Coinstar, a major company that used to provide Gift Card to Cash Kiosks, have stopped providing this service. They claim that renting space at major retail stores was not economical for their business model.
Since then, no other company has made this service available. This means that there could still be Gift Card to Cash Kiosks around your local retail stores, but they are becoming scarce and harder to find.
Here are some of the locations previously known to have Gift Card to Cash Kiosks:
So if Gift Card Exchange kiosks are a thing of the past, where else can you try to turn your gift cards into cash?
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Online Gift Card To Cash Services
Nowadays, Online Gift Card To Cash services are becoming more popular due to their convenience. These online services allow you to select what type of gift card you have. You will then be able to see how much these Online Gift Card To Cash Services are offering for your gift card.
Here are some reputable websites where you can turn your gift card into cash:
Raise allows users to turn their gift cards into cash by creating a listing. It’s an auction-based site where other people can buy your gift card if they’re willing. It is a consumer-to-consumer site. However, this website only focuses on selling and buying gift cards.
CardCash is a better website as it doesn’t rely on other people to purchase your gift cards. CardCash themselves buy your cards and pay you via PayPal.
It takes just three simple steps for you to turn your gift cards into cash with CardCash. Here’s a quick guide on how to use CardCash:
- Select the store that your gift card is from (in this case, Walmart)
- Input the total value of your gift card (e.g., $50)
- Click the “Get” button to turn your gift card into cash.
GiftCash is similar to CardCash because GiftCash themselves purchase your gift card directly. GiftCash’s website has an identical feel to CardCash. You use the same three steps as you did with CardCash.
Here’s how the GiftCash website looks like.
As you can see, you select the store from which your gift card was obtained, enter the value of that gift card and accept your total payout value.
One benefit of GiftCash to CardCash is that you can get up to 92% value back. You can see that on both websites, we selected a Walmart Gift Card valued at $50. CardCash gives you $42.75, whereas GiftCash gives back $44.
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Gift Cards are common, and we’ve all come across one at some point in time. We’ve all had the thought of turning these gift cards into cash, but there was no good way of doing so – until now.
By using a Gift Card to Cash Kiosk or Online Gift Card To Cash Service, we can finally turn our unwanted gift cards into spendable cash. With CardCash or GiftCash, you can turn your gift cards into cash and also have them go directly into your PayPal account.
So, are you going to give these methods a try? Do you think there should be more Gift Card to Cash Kiosks available? Let us know in the comments below!