Egift Card to Cash: Selling and Cashing Out Methods

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If you're looking to turn your egift card into cash, you have several options to consider. You can sell your egift card to a third-party marketplace like Raise or Cardpool, where you can get an average of 85% of the card's value.

Selling to a friend or family member can be a convenient option, but be aware that you may not get the best price for your card. Some egift cards, like those from Target or Walmart, can be sold for up to 95% of their value on websites like eBay.

You can also trade in your egift card for cash at a local store like GameStop or Best Buy, where you can get up to 70% of the card's value.

For another approach, see: Best Card for Cash Advance

Selling E-Gift Cards

You can sell e-gift cards on various platforms, such as Cardtonic, which allows you to sell physical or e-code gift cards.

To sell e-gift cards on Cardtonic, you'll need to install the app, register as a user, and then follow the steps to input the gift card details and upload the image or provide the code.

Additional reading: Sell Egift Card for Cash

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Some platforms, like CardCash, will remove the hassle of selling the card yourself, verifying your gift cards, and paying you.

CardCash will give you up to 92% of the cash value of your cards, although the return fluctuates greatly from one retailer to the next.

Other platforms, like GCX, impose a 15% fee for the privilege of using their site to sell your card, which means the best possible return is 85 cents on the dollar.

You can also sell e-gift cards on platforms like Raise, which operates as a marketplace, allowing you to choose how heavily you want to discount your card.

Here are some popular platforms for selling e-gift cards, along with their payout rates:

These platforms offer flexibility and often a higher payout than other methods, making them a popular choice for selling e-gift cards.

FlipEx App: Easy Way

FlipEx is an easy way to cash out Visa gift cards for cash. You can sell your Visa gift cards for cash at the best possible rates on FlipEx.

Broaden your view: Visa Card with Cash Back

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The process is straightforward - you just need to enter the gift card details online for verification, input your preferred amount, and FlipEx handles the rest.

You can sell Visa gift cards on FlipEx by creating your FlipEx account, selecting your card type, and entering the gift card amount. Then, review the details and initiate the sale.

Some platforms, like FlipEx, offer instant cash, while others may take a few days to a week to process the payout. FlipEx allows you to receive cash instantly in your FlipEx Wallet, which you can then withdraw to your bank account.

You can also sell gift cards on other platforms like CardCash, Raise, and Gift Card Granny, but they may charge a transaction fee and take longer to process the payout.

Selling Online

Selling online is a popular way to convert egift cards into cash. You can use platforms like CardCash, Raise, and Gift Card Granny to connect with buyers looking for discounted gift cards. Each platform offers different payout rates, ranging from 70% to 92% of the card's face value.

For another approach, see: Tarjetas De Credito De Chase

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Some platforms, like CardCash, will give you up to 92% of the cash value of your cards, although the return fluctuates greatly from one retailer to the next. For instance, a $100 gift card to Walmart will get you $85.50, while a gift card to the Apple Store will get you $77.50.

You can also trade in your gift cards for select other gift cards and receive up to 11% more value than if you cashed out. Popular trade-in options are Amazon, Airbnb, and Chewy.

CardCash allows you to trade in your gift cards for an Amazon gift card, which has just about everything, and can be almost as good as cash. This can be a great way to still get some use out of a forgotten gift card.

Keep in mind that some websites may charge a transaction fee, and the payout time can range from a few days to a week, depending on the platform's policies.

For your interest: Trade My Gift Card for Cash

Card Safety and Restrictions

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You can transfer gift card funds to your Cash app, but it's not a direct transfer. Instead, use PayPal as an intermediary or sell the card for cash on Cardtonic.

Cash app is compatible with various credit and debit cards, including American Express, Discover, Mastercard, and Visa. Most prepaid cards are supported, but depositing funds directly to these cards won't work.

Some gift cards come with expiration dates or geographic and merchant-specific limitations, reducing their value or making them harder to sell or trade. Always check for these terms before cashing out.

CardCash and Raise are reliable platforms for the secondary gift card market, but exercise caution and stick to approved sites to mitigate potential fraud or misrepresentation concerns. Using reputable platforms with buyer protection measures is crucial for a secure and satisfactory experience.

For another approach, see: Visa Credit Cards Cash Back

Claim Remaining Balances

If you're left with a small balance on an e-gift card, some states have laws that require retailers to cash out the remaining balance. California, Colorado, Maine, and Washington are among the states with these consumer-friendly regulations.

A fresh viewpoint: Cash Assistance Card Balance

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Retailers in these states must cash out gift cards with balances below a certain threshold, typically between $5 to $10. This means you can request cash from the retailer directly.

Having a small balance on an e-gift card can be frustrating, but knowing your rights can make a big difference. You can take advantage of these laws to get cash for your remaining balance.

Buying Discounted Items

Buying discounted items can be a great way to stretch your budget. You can buy discounted gift cards from sites like GCX and CardCash.

These sites let you purchase other people's gift cards at a lower price, which can be a smart move if you need a gift card for a specific store. For example, you can buy a discounted gift card for a popular restaurant.

To get the most value out of buying discounted gift cards, use a credit card that offers a flat rate on everyday purchases. This way, you can earn rewards on your purchase and get the most return.

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Here are some credit cards that offer a flat rate on everyday purchases:

By using one of these credit cards, you can earn rewards on your purchase and get the most value out of buying discounted gift cards.

Turning Unused Cards to Cash

You can sell your e-gift card for cash on various platforms, making it easy to turn unused cards into real value.

Cardtonic is one such platform that lets you sell your gift cards, including e-code gift cards, for cash. You can select your gift card category, subcategory, and amount, and upload the card image or provide the code in the comments section.

FlipEx is another platform that makes it hassle-free to turn your unused Visa gift card into cash. You can sell your Visa gift card and receive the cash in your bank account in just a few clicks.

Many third-party websites, like GCX and CardCash, allow you to exchange your gift cards for cash, with some platforms offering higher returns than others.

Cashing Out Methods

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You can cash out your gift cards using various methods, but some may require a bit of effort.

One way is to use PayPal as an intermediary to transfer funds from your gift card to your Cash app.

You can also sell your gift card for cash on Cardtonic, then add the cash to your Cash app.

Cash app is compatible with various credit and debit cards, including American Express, Discover, Mastercard, and Visa.

However, depositing funds directly to prepaid cards won't work, even if they're supported.

Each method has its own level of convenience, payout, and effort involved, so choose the one that suits your needs.

Turning Unused Visa Card to Cash

You can sell your unused Visa gift card for cash on platforms like FlipEx, which offers a hassle-free experience. FlipEx will convert your Visa gift card into cash and transfer it to your bank account.

FlipEx is a convenient option, allowing you to sell your gift card in just a few clicks. To get started, create your FlipEx account and select the "Sell Gift Cards" option.

Check this out: Card Cash Sell

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To sell your Visa gift card on FlipEx, you'll need to enter the card details, including the amount and type. You can also review the details and initiate the sale process.

FlipEx offers a seamless experience, converting your Visa gift card into cash and transferring it to your FlipEx Wallet. From there, you can withdraw the cash to your bank account.

Some platforms, like FlipEx, offer instant cash payouts, while others may take a few days. It's essential to check the payout time before choosing a platform.

Here are some popular platforms for selling Visa gift cards:

  • FlipEx: offers instant cash payouts and a hassle-free experience
  • CardCash: gives you up to 92% of the cash value of your cards
  • GCX: imposes a 15% fee, but offers a strong reputation and two payout methods

Frequently Asked Questions

Can I transfer money from an eGift card?

Transferring money from an eGift card is possible, but it may require linking to a third-party service like PayPal or Venmo first

Wilbur Huels

Senior Writer

Here is a 100-word author bio for Wilbur Huels: Wilbur Huels is a seasoned writer with a keen interest in finance and investing. With a strong background in research and analysis, he brings a unique perspective to his writing, making complex topics accessible to a wide range of readers. His articles have been featured in various publications, covering topics such as investment funds and their role in shaping the global financial landscape.

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