Whether you received gift cards as presents, or you have some old ones lying around that you don’t plan on using, you may be wondering what to do with them. Fortunately, there are several ways to cash in your unused gift cards, no matter where they were purchased or how much they’re worth. Read on to learn how to turn your old gift cards into cash and how to get cash for gift cards from virtually any retailer!
Despite their popularity, a majority of people have never heard of a gift card. A gift card is a prepaid payment method that resembles an ordinary credit or debit card; it’s usually branded with a merchant’s name. The idea behind them is simple: You give someone money, but instead of it being directly deposited into their bank account, you load some amount onto a physical (or virtual) credit card and give that to them instead.
There are lots of websites where you can change the gift card to money. I remember when I got paid as a social media agency; I was searching for where to sell mine. Unfortunately, it took me a lot of time to find a good website.
I can remember clearly that I received a $100 iTunes gift card after writing 5 ways to promote your YouTube channel. To sell it, I had to trust a buyer. It was indeed a difficult one. I know quite well that most of the sites on the internet offering the service are unreliable. I don’t want to end up sending it to the wrong buyer. So, I relaxed and asked some folks locally. Their recommendation was okay for me. They said I should understand how much is $100 iTunes gift card converted to naira first. That way, I will be able to get a nice value for my card.
But to avoid getting a low value, know the gift card that has the highest rate.
It wasn’t difficult to understand that, since the worth is already available there. I know quite well the amount written on the post is not updated, so I had to register and sell on their platform.
Did I get money for the iTunes gift card?
Yes. It didn’t even take time. According to them, they have to load it before they pay me. It took a few minutes. I think it was around 10 minutes. I didn’t worry because lots of friends said I should check there.
Many social media account owners looking for freelancers can pay you using a gift card. If you live in an African country like Nigeria, just know the worth first before you think of selling.
They accept different types with a minimum of $25.
If you live outside Africa, try Craigslist. You will certainly find a buyer that will accept face to face deal.