Be wary of websites that are known as less reputable, as some will try and insert hidden fees into the exchange, or withhold payment, and waste your time and money. You don’t need to be in physical possession of the gift card in order to exchange it for cash, with sites also buying credit and digital codes as part of their service due to the increase in e-gift carding. Though the drawback of using these sites is the fee usually charged to do the exchange, as well as the fact you won’t get the full value of the gift card in cash, it’s better than the gift card gathering dust! Most sites offer between 80-85% of the value of the gift card, so if you know you’re not going to make use of the card at all, then it’s still a good return for you. Doing a gift card exchange for cash is what these dedicated websites are all about, so you can turn an unwanted gift into money to spend on something else.
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