Can You Exchange Gift Cards for Cash? (Yes, Here’s How)
Staring at a stack of gift cards you'll never use? Or maybe you've got one with $3.47 left that's just taking up space in your wallet. Either way, you could sell those gift cards using online marketplaces, exchange kiosks, or local selling apps.
Depending on the brand and where you sell it, you could get up to 90% of your card's value back. That's real money when you need it.
Can you get cash for unused gift cards?
Yes, but your payout depends on where you sell it. Higher-paying options usually take longer, while instant methods tend to offer smaller percentages.
Here are your best options:
- Online marketplaces → Highest payout (up to 92%)
- Gift card exchange kiosks → Fastest cash, but lower payouts
- Local selling apps → Good blend of speed + payout
- Payment apps → Useful for peer-to-peer sales
Bonus: In some states, retailers are required to cash out small leftover balances (usually under $5-$10).
Best ways to exchange a gift card for cash
Online gift card marketplaces
Trusted platforms include Raise, CardCash, GiftCash, ClipKard, and CardSell connect you with buyers and typically pay 70% to 92% of the card’s value.
Pros
- Often the highest payout of any method
- Secure digital payments (PayPal, ACH, direct deposit)
- Easy online submission
- Great for popular brands (Amazon, Target, Walmart, Starbucks)
Cons
- Some cards sell instantly; others take a day or two
- Lower-demand cards may offer a smaller percentage
- You’ll need to share card details (make sure to use a verified platform)
Gift card exchange kiosks
Kiosks offer instant cash on the spot. You’ll get 40% to 70% of the card’s balance, with no waiting or shipping time.
Pros
- Immediate cash in hand
- No need to meet people or manage a listing
- Good options for lower-demand brands
Cons
- Lower payout than online marketplaces
- Not widely available (check Google Maps or nearby grocery stores/malls)
- Some kiosks only offer store credit, not cash
Sell a gift card locally for cash
Facebook Marketplace, OfferUp, Craigslist, and community buy/sell groups connect you with local buyers who often pay 80% to 90% of your card’s value. When selling locally, use the same safety precautions as you would for any in-person sale. Meet in a public place, bring proof of the balance, and keep the card number private until you’ve received payment.
Pros
- Strong payout for in-demand brands
- Fast cash, often the same day
- Great for Visa/Mastercard/Amex gift cards
- Multiple payment options (cash, PayPal, Cash App, Venmo) reduce risk
Cons
- Requires meeting in person
- Scammers may try to get the card number before paying
- You’ll need to verify the balance beforehand
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Redeem gift card balances for cash at retailers
Several states require retailers to cash out small remaining balances (usually under $5 to $10). If you live in California, Colorado, Maine, Massachusetts, Montana, New Jersey, Oregon, Rhode Island, Vermont, Washington, or Puerto Rico, you can use this option at most major retailers.
Pros
- Straightforward and legal
- Fast — no waiting or shipping
- Perfect for those last few dollars
Cons
- Only works for small balances
- Not all employees know about the policy (ask a manager if needed)
What payout should you expect when exchanging a gift card?
| Method | Expected payout | Best for |
|---|---|---|
| Online marketplaces | 70%-92% | Best overall value |
| Local selling (cash or app payment) | 80%-90% | Fast + competitive payout |
| Exchange kiosks | 40%-70% | Instant cash |
| Retailer (via state redemption laws) | Up to $10 | Leftover balances |
Tips for getting the most cash for your gift card
1. Prioritize high-demand cards
Amazon, Walmart, Target, Starbucks, Best Buy, Home Depot, and Visa/Mastercard/Amex gift cards consistently resell for the highest percentages. If you have a choice of which card to sell, start with these.
2. Sell unused cards first
Buyers on online marketplaces pay more for cards with full balances. If you have multiple cards, list any you haven’t used to encourage offers.
3. Check the balance before listing
You'll need the exact balance to create a listing. Most retailers offer instant online balance checks, so do this step before you post.
4. Keep your card number private
Never share the full number or PIN before you're paid. For online sales, stick to reputable platforms with secure payment processing.
5. Compare offers before accepting
Different marketplaces offer different payouts for the same type of card. A quick comparison could earn you 5% to 10% more.
What to do if you can’t exchange your gift card for cash
Some cards, especially ones for local restaurants, salons, or boutique shops, don’t have a strong resale market. If none of the exchange methods work, here are realistic ways to still get value from it:
- Use it for something you'd buy anyway. If the retailer sells groceries, pharmacy items, or household goods, use the card to cover essentials. That's real money saved.
- Trade it for a card you'll actually use. Some people on Facebook Marketplace or Reddit's r/giftcardexchange will swap cards. You might find someone who wants your Olive Garden card and has an Amazon card they don't need.
- Regift it. For holidays or birthdays, few things beat a gift card.
- Donate it. Nonprofits, schools, and local organizations often accept gift card donations. You may even get a tax deduction.
- Use it to buy items you can resell. If the retailer sells goods (not services), you could buy discounted items and resell them on eBay or Marketplace. This takes more effort but can work for high-value cards.
Bottom line: Not every card converts to cash, but that doesn't mean it's worthless. Pick the option that makes the most sense for your situation.
FAQs about exchanging gift cards for cash
Can you exchange gift cards for cash at Walmart or Target?
No, but their gift cards are some of the easiest to resell on marketplaces like Raise or CardCash.
What gift cards are the hardest to sell?
Niche stores, local restaurants, salons, and boutique shops have limited resale demand, which means lower payouts and longer wait times.
Is it safe to sell a gift card online?
Yes, if you use a reputable platform with secure payment processing and buyer protection.
Is exchanging gift cards legal?
Absolutely. Selling gift cards is legal in all 50 states. Some states even require retailers to cash out small balances at no charge.
More ways to get cash:
Notice: Information provided in this article is for informational purposes only. Consult your attorney or financial advisor about your financial circumstances.
About the author
Bree Ewers is a senior editor, copywriter, and content writer whose work has been featured across the media, small business, and financial industries. She operates Nomad Freelance Content from her home office in Portland, Oregon.
