How to Resell Your Unwanted Gift Cards

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Are you looking for ways to capitalize on your unwanted gift cards? Do you have a collection of gift cards that you have zero intention of using? If so, then you need to learn all you can about how to sell a gift card the right way.

Doing so can help you maximize the money you receive from others via gift card, even if you have no interest in using it for their intended purpose (i.e. Red Lobster gift card when you don’t like seafood).

See below for an in-depth guide listing a few ways to resell your gift cards and how you can do so through that medium.

1. Use a Gift Card ATM

Did you know that there are ATMs out there that will allow you to get your hands on several name-brand gift cards? It’s true!

These can be found online, but the trick is to ensure that you’re using a trusted site. If not, then you’ll be giving your gift card information (or even more sensitive information) to those untrustworthy sites.

Our recommendation is to visit a physical ATM/kiosk, which you can find via this website and get set up with a ByteFederal ATM.

To get started, sign up for an account at Bytefederal ATM. To resell your current gift cards, you can simply walk through the steps that the self-service kiosk walks you through.

Once you’ve sold the gift cards that you don’t intend on using, then you can use those kiosks to select one of the 50 gift card options. These are each applied towards big-name brands, such as Macy’s.

Upon your purchase, you’ll receive a link to your digital gift card, which you can then use to load as much cash as you wish onto the gift card. ByteFederal ATM even allows you to use that cash to purchase Bitcoin!

2. Repurpose Your Gift Card

If you aren’t planning on using the gift card, then someone ought to, right? Many people have reported that as much as $3 billion in gift cards goes unused each year.

Not using that money is essentially giving those companies free business. You’re paying for a service that you have no intention of using. Don’t let that be a recurring theme for you!

Instead, find another purpose for your current gift cards. Give them to someone that will use them. For example, if you get a gift card to AMC Theaters but have no interest in going right now, then give that gift card to the movie fanatic in your life.

Some of you might not be wild about the idea of giving someone else’s gift to another person, but it’s justified if you repurpose it the right way.

Instead of viewing it as a disservice to the person that gave the gift to you, think of it as you using a gift you were given and paying it forward to others. For example, you might give that AMC Theater gift card to a family of 5 so they can see the latest kids’ movie with all of their children. What’s more rewarding than that?

3. Long-Form Selling

If you don’t want to let the card go to waste, but also don’t have anyone that could use it in your direct line of friends/family, then there are still ways to put it to good use.

If you want to get your money back (or make more off of it), then you can use the gift card and purchase products that you can then sell for a profit.

For example, let’s say you were given a gift card to GameStop, but you don’t play a lot of video games.

If that’s the case, then you could research the hottest game right now, and then use the gift card to purchase it, then sell it to a person you know is always purchasing the latest games. This will give you cash to use the way you intended.

4. Return it to the Seller

Be warned, to use this step, you will have to know where the giver purchase the gift card directly, you cannot get a refund from the store that the gift card is for.

For example, let’s say that a friend bought you a gift card for Applebee’s at a Walgreens near their house. You couldn’t ask for a refund from Applebee’s, but you could get a refund from Walgreens, as long as you have the receipt.

It’s common courtesy for gift card givers to attach the receipt to the card anyway, so you’ll likely have that as an option from the start.

5. Donate the Gift Card

Perhaps you have no intention of using the gift card, but feel wrong gaining a profit from it or handing it off to someone who may or may not use it themselves.

If so, then you can donate it to a worthy charity. Charities use them in several ways, such as to treat a volunteer, give to someone in need, or use it as a promotion during a raffle and/or event.

This will also benefit you come tax season, as you’re given a tax write-off for any donations that you give.

Resell your Unwanted Gift Cards Today

Now that you have seen an in-depth guide on how to resell your unwanted gift cards, be sure to use this information to your advantage.

Start by browsing our website for more articles on how to sell gift cards, as well as many other topics that you will enjoy reading about!

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