The holidays are a wonderful time of year. You get gifts, go to parties, see friends and family, and good cheer is generally had by all. But when it comes to gifts, let’s face it, they’re not all gems. Whether someone just makes an error in judgement, or you receive the worst item in the Yankee Swap, you’re probably going to end up with something you don’t want. In most cases, you can just exchange the item at the point of purchase for something more suitable. But what about gift cards?
What to do With an Unwanted Gift Card
Gift cards are not returnable. When you receive a gift card, you are locked into making a purchase at that particular store, right? Wrong. One man’s trash is another man’s treasure.
Sell Your Gift Cards
No matter what kind of gift card you received, somebody will surely want it. You can sell your card for cash at sites like CardPool.com, GiftCardZen.com, and CardCash.com. However, you will not receive the full cash value of the card. The percentage can vary depending on the card you have and the demand at any given time. For example, on Cardpool today a $50 Walmart gift card would fetch a check for $44.00. That’s 88 percent of the value.
Trade Your Gift Cards
Cardpool will also offer to pay you in the form of an Amazon gift card. You could also use the cash you receive to purchase a discounted gift card for a store of your liking. Not a straight trade, but you’re eventually getting a card that you want. You can also post an ad on Craigslist or Facebook to seek out trades. Just try to avoid letting the gift-giver see such posts. They may feel insulted by seeing that you’re selling their gift. You may want to be honest with the gifter about the situation, but that’s up to you.
Regift Your Gift Cards
Maybe you know someone who loves the store that you don’t. If it’s something that they would like, there’s no shame in passing it onto them. Just be sure to be discreet about the regift. Again, the gift-giver may feel disrespected or unappreciated in this scenario, so be considerate of their feelings.
Any gift should be seen as a nice gesture, and it’s the thought that counts after all. Someone was kind enough to think of you this holiday season. Just because the gift doesn’t match your taste doesn’t negate that. It’s important to appreciate the gifts you receive and the gestures that people make for you, but that doesn’t mean you have to be stuck with an unwanted gift.
What do you do with unwanted gift cards? Feel free to share ideas in the comments!