How to turn a gift card into cash
You can turn a gift card into cash by selling it on 1minutepay or apps like Noones, CardCash, Gift card exchange app, Using a gift card exchange kiosk, or selling it to a friend or pawn shop
Best Ways to Turn a Gift Card Into Cash (Compared)
There are several reliable methods to convert your gift card into cash quickly. Below is a comparison of the three most popular platforms to help you choose the best option for your needs.
| Platfrom | Speed | Fees | Best Fo |
|---|---|---|---|
| 1MinutePay | Instant | Low/None | Fast payouts |
| Gift Card Exchange App | 1-2 hours | 2-5% | Convenience |
| Exchange Kiosk | Immediate | 10% | In-store |
Each method has its advantages. If you want the fastest payout, 1MinutePay is ideal. If you prefer a mobile app experience, Gift Card Exchange App works best. For immediate cash without waiting, an exchange kiosk is your quickest option.
How to Turn a Gift Card Into Cash Using 1MinutePay
- Sign in or sign up for a 1MinutePay account on the website or mobile app
- On the dashboard, select “Sell & Buy Gift Card”
- Select your gift card type from the available options
- Enter the gift card amount you have for sale
- Read the instructions carefully regarding your specific gift card type
- Submit your gift card information (code, PIN, or upload card image)
- Wait for 1MinutePay to verify and process your transaction
- Once completed, withdraw your cash to your bank account or digital wallet
Why Choose 1MinutePay?
- Secure and trusted platform
- Instant verification and fast payouts
- Multiple payment methods (bank transfer, crypto, digital wallet, PayPal)
- Competitive rates with low or no fees
- User-friendly mobile app
How to Turn a Gift Card Into Cash Using Gift Card Exchange App
Gift card exchange apps like Raise and CardCash make it easy to sell your unused gift cards directly from your phone. Simply enter your card details, receive an instant offer, and get paid via PayPal or direct deposit after verification. These apps offer competitive rates and a convenient mobile experience.
Step 1: Download and install the app
Download a gift card exchange app like Raise, CardCash, from the App Store or Google Play. Create an account with your email and password.
Step 2: Enter your gift card details
Open the app and select your gift card brand from the list. Enter the gift card balance or card number. The app will instantly show you how much you’ll receive.
Step 3: Review the offer
Check the payout amount and the percentage of value you’ll receive. Compare rates if needed before accepting.
Step 4: Submit your card information
Provide the gift card number & PIN as requested by the app. Some apps may ask for a physical picture of your card or require you to mail it to them.
Step 5: Wait for verification and receive payment
Once the app verifies your gift card balance, you will be able to withdraw to your preferred payment details
Pros and Cons
Pros: Mobile-friendly, competitive rates (70-95%), multiple payment options, quick listing process, no in-person visit required
Cons: Verification takes 1-7 days, some apps charge fees, not all gift card brands accepted, requires account setup
How to Turn a Gift Card Into Cash Using Exchange Kiosk
Gift card exchange kiosks are self-service machines found in shopping malls and retail stores that convert your gift card into cash instantly. However, these machines typically offer 70-85% of your card’s value, meaning you’ll lose 15-30% in fees.
Step 1: Find a kiosk near you
Search online for “gift card exchange kiosk near me” or visit Cardpool websites. Common locations include Walmart, Target, Best Buy, and shopping malls.
Step 2: Prepare your gift card
It’s advised that you first check your gift card balance. Have the card or digital code ready.
Step 3: Scan your card at the kiosk
Scan the barcode of your physical card or enter the digital code on the machine’s screen. The kiosk will display your balance and the cash payout amount after fees.
Step 4: Accept and receive cash
Confirm the transaction and collect your cash instantly from the machine.
Pros and Cons
Pros: Instant cash, no account needed, convenient locations, quick (3-8 minutes)
Cons: Lower payout rates (70-85%), not all kiosks accept every gift card brand, limited availability