How to Cash In an Old Gift Card: Step-by-Step Guide

Learn how to cash in an old gift card effectively, including tips on balance checks and selling options.

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To cash in an old gift card, start by checking the balance online or by calling the customer service number on the card. If the card is still valid, you can use it for purchases or sell it on a gift card exchange website. Some stores might offer cash back if the balance is under a certain amount. Make sure to check the card’s expiration date and any associated fees to maximize its value.

FAQs & Answers

  1. Can you cash a gift card for cash? Many retailers do not offer cash for gift cards, but some stores may provide cash back if the balance is below a certain amount.
  2. What should I do if my gift card is expired? Check the retailer's policy; some companies may allow you to use the card despite its expiration date or offer partial value.
  3. Where can I sell my old gift card? You can sell your old gift card on various gift card exchange websites that facilitate buying and selling.
  4. Are there any fees associated with gift cards? Yes, some gift cards may have associated fees if not used within a specific timeframe or if they are inactive.

Watch More

For more tips on managing your finances and maximizing your savings, check out our other videos on budgeting and gift card management.

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