Gifting Time

What to do with unwanted gift cards

The holiday season is over. That means putting away the menorah and recycling the tree, and perhaps, shoving unwanted gift cards into junk drawers. But wait — instead of wasting (or potentially losing) a perfectly good gift card, try one of these options below.

Return it

Just like unwanted items, some retailers will allow you to return your gift card. Return policies vary from store to store, so check first before heading out. And this might seem obvious, but don’t return the gift card for store credit — that’s essentially just another gift card.

Give it Away

Think about everyone you know. Is there someone who would use the gift card? If so, re-gift it to them next holiday season. Or, don’t wait. Just drop it in the mail with a note that you were thinking of them.

Sell It

One way to get rid of unwanted gift cards is to sell it. As US News reports, try sites like Raise, Cardpool, CardCash, and Gift Card Granny. These sites will purchase your card (or hook you up with someone to buy it), sometimes for prices close to face value. They also allow you to exchange your gift card for a gift card to a preferred retailer. The downside to selling your card is that it must be issued by a national retailer.

Donate It

If you’re feeling generous, donate your gift card. Try CharityGiftCertificates.org or GiftCardBank.org, as both focus on getting gift cards to a variety of charities.

Buy and Sell

If all else fails, you could use the gift card to buy some items, then sell them. This is not exactly ideal, but if you’re looking for a new hobby, maybe this is it?

Chris O'Shea

Chris O'Shea

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