How to Exchange Gift Card for Cash Online?

Gift cards are a popular choice for presents, but sometimes you may receive a gift card that you don’t have any use for. Instead of letting it go to waste, you can exchange your gift card for cash online. There are several platforms available that allow you to sell your gift cards and receive cash in return. In this tutorial, we will guide you through the steps of exchanging your gift card for cash online.

Step 1: Research Online Platforms
Do some research to find reputable online platforms that facilitate gift card exchanges. Look for platforms that have positive reviews, secure payment methods, and a wide range of gift cards they accept.

Step 2: Choose a Platform
Select a platform that suits your requirements and has a straightforward process. Consider factors such as the percentage of the gift card’s value you will receive, the payment options available, and the platform’s user-friendly interface.

Step 3: Create an Account
Sign up for an account on the chosen platform. This typically involves providing your personal details and creating a username and password.

Step 4: Enter Gift Card Details
Enter the details of your gift card, such as the retailer, card value, and any unique codes or numbers associated with it. Some platforms may require you to upload a photo or scan of the physical gift card.

Step 5: Review Offer
Once you have entered the gift card details, the platform will provide you with an offer for your gift card. Review the offer carefully to ensure it meets your expectations and aligns with the current market value of the card.

Step 6: Accept the Offer
If you are satisfied with the offer, accept it to proceed with the gift card exchange. At this stage, you may be asked to provide additional information, such as your bank account details for the payment transfer.

Step 7: Complete the Exchange
Follow the instructions provided by the platform to complete the exchange process. This may involve mailing the physical gift card to a designated address or submitting the card details electronically. Once the platform verifies the gift card information, you will receive the agreed-upon cash value in your chosen payment method.

Pros: Cons:
1. Easy way to convert unwanted gift cards into cash. 1. You may not receive the full value of the gift card.
2. Provides an opportunity to get cash for gift cards that you wouldn’t use otherwise. 2. Some platforms charge a percentage or fee for facilitating the exchange.
3. Wide range of online platforms to choose from, increasing your chances of finding a good deal. 3. There is the risk of fraudulent platforms, so it’s important to research and choose a reputable one.

Exchanging gift cards for cash online can be a convenient way to make the most out of unused or unwanted gift cards. By following the steps outlined in this tutorial, you can easily sell your gift cards and receive cash in return. Remember to research and choose a trustworthy platform to ensure a safe and successful exchange.

Video Tutorial: How do I convert a gift card to PayPal?

Does GiftCash pay instantly?

GiftCash is a popular app that allows users to send and receive digital cash gifts. When it comes to instant payments, GiftCash offers a straightforward and convenient process. Here are the steps involved:

1. Download the GiftCash app: To use GiftCash, you need to download and install the app on your smartphone. It is available for both iOS and Android devices.

2. Sign up or log in: Once you have the app installed, you’ll need to sign up for a GiftCash account if you’re a new user. Existing users can simply log in with their credentials.

3. Link a payment source: To make instant payments with GiftCash, you’ll need to link a payment source, such as a credit or debit card, to your account. This allows you to have funds available to send to others.

4. Select a recipient and amount: After setting up your account and linking a payment source, you can choose a recipient and the amount you want to send as a gift. GiftCash enables you to personalize your gift with a message or image.

5. Confirm your payment: Once you’ve entered the recipient and the desired amount, GiftCash will prompt you to confirm your payment. Make sure to review the transaction details before proceeding.

6. Instant payment processing: GiftCash strives to provide instant payments to recipients. In most cases, the recipient will receive the gift immediately after you confirm the payment. This means that the funds will be available in their GiftCash account without any delay.

7. Redemption and use of funds: The recipient can then use the gifted funds within the GiftCash app or transfer them to their bank account, depending on their preferences and the options available.

It’s important to note that while GiftCash aims to provide instant payments, occasional delays may occur due to factors beyond their control, such as network connectivity issues or payment gateway processing times. However, in general, GiftCash offers a convenient and efficient way to send and receive digital cash gifts.

Does CardCash pay you instantly?

Yes, CardCash does offer an option for instant payment. When you sell your gift cards or merchandise credit to CardCash, you have the choice of receiving your payment instantly. However, it’s important to note that this option may come with certain fees or conditions.

Here are the possible steps or reasons depending on the scenario:

1. Visit the CardCash website: Start by visiting the CardCash website, which is the platform where you can sell your unwanted gift cards.

2. Choose the gift cards you want to sell: Select the specific gift cards or merchandise credit that you wish to sell. CardCash accepts a wide range of popular retailers and brands.

3. Check the available payment options: Once you have selected your gift cards, check the available payment options on the website. Look for the option that allows for instant payment.

4. Review the terms and fees: Before proceeding with the instant payment option, it’s advisable to review the terms and fees associated with it. Ensure that you understand any potential charges or conditions that come with this choice.

5. Proceed with the instant payment: If you are comfortable with the terms and fees, you can proceed with selecting the instant payment option during the selling process. This option will ensure that you receive your payment instantly, usually in the form of electronic funds transfer or PayPal.

Please note that the specific details of payment methods and processes may vary, so it is always recommended to visit the CardCash website or contact their customer support for the most accurate and up-to-date information regarding their instant payment option.

How do I turn a gift card into PayPal cash?

Converting a gift card into PayPal cash can be a useful way to access your funds in a more convenient and versatile manner. Here are the steps you can follow:

1. Check if PayPal accepts your gift card: Start by verifying if PayPal accepts the type of gift card you have. PayPal has specific policies regarding which gift cards can be used, so make sure your card is eligible.

2. Create a PayPal account: If you don’t already have one, create a PayPal account by visiting the PayPal website or downloading the PayPal mobile app. Follow the steps to set up your account, including linking it to a bank account for easy transfers.

3. Link your gift card to PayPal: Once your PayPal account is set up, navigate to the "Wallet" section and click on "Link a card or bank" to add your gift card details. Enter the required information such as the card number, expiration date, and security code.

4. Verify your gift card: In some cases, PayPal may require you to verify your gift card. This usually involves following additional steps to validate your ownership of the card. Check your PayPal account and follow any instructions provided.

5. Transfer gift card balance to PayPal: After successfully linking and verifying the gift card, navigate to the "Wallet" section again and choose the option to transfer funds from the gift card to your PayPal balance. Select the amount you wish to transfer and confirm the transaction.

6. Transfer money from PayPal to your bank account: To convert your PayPal balance into cash, transfer the funds to your linked bank account. Typically, this is done by clicking on "Transfer to your bank" or a similar option in the PayPal app or website. Follow the instructions provided to complete the transfer.

7. Withdraw the cash from your bank account: Finally, once the money is in your bank account, you can access it as cash by using your ATM card, making online purchases, or transferring it to another payment platform if desired.

Remember that the specific steps and options may vary slightly depending on the PayPal app or website version you are using, so it’s always a good idea to refer to the provided instructions or contact PayPal customer support for any additional assistance.

Note: Be cautious of potential fees or charges associated with gift card conversions or transfers, as PayPal and other platforms may impose certain fees for these services. It’s advisable to review the terms and conditions or consult with the respective companies involved before proceeding.

Does CardCash pay instantly for gift cards?

Yes, CardCash does offer instant payment for gift cards, but it’s important to understand the process and conditions associated with their instant payment feature. Here are the steps and reasons to consider:

1. Visit the CardCash website or app: To initiate the process, you need to go to the CardCash website or download their app.

2. Enter gift card details: Provide the necessary information about the gift card you want to sell, such as the retailer name, card value, and any other requested details.

3. Get an instant offer: CardCash will provide you with an instant offer for your gift card. This offer is typically a percentage of the card’s face value, as CardCash acts as a reseller and needs to make a profit.

4. Agree to the offer: If you find the offer acceptable, you can agree to it and proceed with the sale.

5. Choose the payment method: CardCash offers various payment methods, including instant payments. Select the option for an instant payout.

6. Verify your identity: As part of their security measures, CardCash might require you to verify your identity. This may involve providing personal information or uploading identification documents.

7. Complete the transaction: Once your identity is confirmed, CardCash will finalize the transaction and process your payment. If you’ve chosen the instant payment option, they will send the funds promptly.

8. Access the funds: Depending on the payment method you selected, you will either receive the funds directly in your bank account or through a digital payment service.

It’s important to note that while CardCash does offer instant payments, the exact timing may vary depending on factors such as your location, the payment method chosen, and any additional verification requirements. It’s always recommended to review CardCash’s terms and conditions and ensure you understand the payment process before proceeding with any gift card sale.

What is the app that converts gift cards to cash?

One popular app that can convert gift cards into cash is Cardpool. Here are the steps to convert gift cards to cash using Cardpool:

1. Download the Cardpool app from the App Store or Google Play Store on your smartphone or visit their website.
2. Sign up for a free account and provide the necessary information.
3. Once logged in, click on the "Sell Gift Cards" option.
4. Enter the details of the gift card you want to sell, such as the brand, value, and card number.
5. Cardpool will then provide you with an offer for your gift card.
6. If you agree to the offer, you can choose to receive your payment via check, direct deposit, or an Amazon eGift card.
7. Follow the instructions to complete the transaction, including providing any additional information required.
8. Once the transaction is completed, you will receive your payment according to the selected method.

Besides Cardpool, another popular app that you can consider for converting gift cards into cash is Raise. The process is quite similar to Cardpool, and you can download the app or visit the website to get started. Remember to compare offers from different platforms to ensure you get the best value for your gift card.

It’s important to note that transaction fees or commission charges may apply when using these services. Be sure to read and understand the terms and conditions before proceeding with any transaction.