Money: 3 Ways to Turn Gift Cards Into Cold, Hard Cash

Lifestyle The List
By: Jared Cotter | Orlando Morales Posted: 8:08 PM, Feb 16, 2018

Trade in and sell your gift cards in for cash! The National Retail Federation says 27 billion gift cards were sold in the U.S. last year, and guess what! A surprising number are never used. If you have a few lying around to places you’ll never shop at, let us show you three ways to turn those gift cards into cash.

 

1. CardPool.com

The first way to turn cards into money is through CardPool.com. This company has in-store kiosks in many grocery stores, but they’ll give you even more money through their website. For example, a $100 gift card could fetch you $80 in guap. The only catch is you’ll have to wait for a check to arrive by mail, so there’s no instant gratification. Maybe use the money to gamble in Vegas to get that!

 

2. CardKangaroo.com

Second on our list is CardKangaroo.com. How much dough can you dole up with this site? Well, a $100 Starbucks card can score you about $76 – which isn’t bad if you’re not a coffee drinker! You should also know that Kangaroo makes you physically mail in your card – and you’ll have to wait for your check to be delivered via snail mail. Darn it!

 

3. Raise.com

 

And last but not least, turn your gift card into cash with Raise.com. This site is kind of like an eBay or consignment store for gift cards. They suggest an amount to ask for, but you can also name your price. The best part? As soon as someone buys your gift card, boom! The money direct deposits to your bank, or you’ll receive a check in the mail a few days later.

 

Got any unused cards stuffed in your sock drawer? All you need is a computer and internet connection to turn them into cold, hard cash!

 

What's the worst gift card YOU'VE ever received? Tell us on our Facebook page, @TheListShowTV.

 

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