Have you ever received a Walmart gift card and wondered if you could turn it into cash? Well, the answer is not as straightforward as you might think. While it is technically possible to cash a Walmart gift card, there are certain limitations and fees that you need to be aware of before you can get your money in hand.
In this article, we will explore the ins and outs of cashing a Walmart gift card, including the different methods available, the fees involved, and some tips to help you get the most out of your gift card. So, if you have a Walmart gift card lying around and you’re not sure what to do with it, keep reading to find out how you can turn it into cash.
Can You Cash a Walmart Gift Card?
If you’ve received a Walmart gift card, you might be wondering if you can turn it into cash. The answer is yes, but it’s not as straightforward as simply walking into a Walmart store and asking for cash. In this article, we’ll explore the various options you have for cashing in your Walmart gift card.
Option 1: Use the Gift Card at Walmart
The most obvious way to use your Walmart gift card is to simply shop at Walmart. You can use the gift card to purchase anything from groceries to electronics. If you don’t want to use the entire balance in one transaction, you can use the card multiple times until the balance is depleted.
If you’re not sure how much is left on your card, you can check the balance by calling the number on the back of the card or by visiting the Walmart website. Keep in mind that some Walmart gift cards have expiration dates, so be sure to use the card before it expires.
Option 2: Sell Your Gift Card
If you’d rather have cash instead of a Walmart gift card, you can sell the card to a gift card exchange website. These websites allow you to sell your gift card for a percentage of the card’s value. The percentage varies depending on the website, but it’s usually around 90% of the card’s value.
To sell your gift card, you’ll need to provide the website with the card’s information, such as the card number and PIN. Once the website verifies the information and confirms the balance on the card, they’ll send you the cash via check or PayPal.
Option 3: Exchange Your Gift Card
Another option for cashing in your Walmart gift card is to exchange it for a different gift card. Some gift card exchange websites allow you to trade your Walmart gift card for a gift card from another retailer or restaurant.
If you’re not interested in exchanging your gift card online, you can also try exchanging it in person. Some retailers, such as Coinstar machines, offer gift card exchange kiosks. You can exchange your Walmart gift card for a gift card from another retailer or for cash.
Option 4: Use Your Gift Card to Pay Bills
If you have bills to pay, you can use your Walmart gift card to pay them. Some bill payment services accept gift cards as a form of payment. Check with your bill payment service to see if they accept gift cards.
You can also use your gift card to pay for your Walmart credit card bill. Simply log in to your Walmart credit card account and use the gift card as a form of payment.
Option 5: Donate Your Gift Card
If you don’t need the cash and don’t want to use the gift card, you can donate it to a charity. Many charities accept gift cards as donations and use them to purchase items they need.
You can also donate your gift card to a friend or family member who could use it.
Benefits of Cashing in Your Walmart Gift Card
Cashing in your Walmart gift card can provide you with cash that you can use for anything you need. It can also help you avoid wasting the gift card if you don’t plan on using it.
Disadvantages of Cashing in Your Walmart Gift Card
If you decide to sell your Walmart gift card, you’ll only receive a percentage of the card’s value. This means you’ll lose some of the value of the gift card. Additionally, some gift card exchange websites charge fees for selling your gift card.
Conclusion
Cashing in your Walmart gift card is possible, but it’s important to explore all of your options before making a decision. Whether you decide to use the gift card at Walmart, sell it, exchange it, use it to pay bills, or donate it, be sure to choose the option that’s best for you.
Frequently Asked Questions
Can you cash a Walmart gift card?
Yes, you can cash a Walmart gift card, but it will depend on the circumstances. If you have a Walmart gift card that still has a balance on it, you can use it to make purchases at any Walmart store or online at Walmart.com. However, if you want to cash out the gift card, you will need to bring it to a Walmart store and present it to a cashier. They will ask for identification and then give you cash for the remaining balance on the card.
It is important to note that Walmart charges a fee to cash out gift cards. The fee varies depending on the value of the card, but it is typically between $2 and $6. Additionally, some states have laws that prohibit retailers from charging fees to cash out gift cards, so it is important to check your state’s laws before attempting to cash out your Walmart gift card.
Can you transfer a Walmart gift card to cash or another gift card?
No, you cannot transfer a Walmart gift card to cash or another gift card. Walmart gift cards are non-transferable and cannot be redeemed for cash except in certain circumstances, such as when required by law. If you want to give a Walmart gift card to someone else, you can do so by giving them the physical gift card or by emailing them an electronic gift card.
If you have a Walmart gift card that you no longer need or want, you can try selling it to a gift card exchange website or to someone else who is interested in buying it. However, keep in mind that you will likely receive less than the face value of the gift card when selling it, and there may be fees associated with the transaction.
Can you use a Walmart gift card at other stores?
No, you cannot use a Walmart gift card at other stores. Walmart gift cards can only be used to make purchases at Walmart stores or online at Walmart.com. If you have a gift card from another retailer, you will need to use it at that specific retailer or check if it can be used at other stores that are part of the same chain.
If you want a more versatile gift card that can be used at multiple retailers, you may want to consider purchasing a Visa, Mastercard, or American Express gift card instead. These types of gift cards can be used anywhere that accepts credit or debit cards, which gives the recipient more flexibility in how they use the gift.
Can you use a Walmart gift card to buy another gift card?
No, you cannot use a Walmart gift card to buy another gift card. Walmart’s gift card policy prohibits the use of gift cards to purchase other gift cards or to pay for other types of prepaid cards, such as phone or music cards. If you want to purchase a gift card for someone else using your Walmart gift card, you will need to do so in a separate transaction using a different payment method.
What do you do if your Walmart gift card is lost or stolen?
If your Walmart gift card is lost or stolen, you should report it to Walmart as soon as possible. You can do this by calling Walmart’s customer service hotline or by visiting a Walmart store in person. If you have the original receipt or a record of the gift card number, Walmart may be able to issue a replacement card for the remaining balance. However, if you do not have any proof of purchase or the gift card number, it may be difficult to get a replacement card.
To prevent your Walmart gift card from being lost or stolen, be sure to keep it in a safe place and treat it like cash. If you are giving a Walmart gift card as a gift, consider activating it online or in the store as soon as possible to prevent someone else from using the card before the recipient receives it.
How To Turn Walmart Gift Card Into Cash
In conclusion, cashing a Walmart gift card can be a bit tricky, but it is possible. If you have a physical gift card, you can visit any Walmart store and exchange it for cash or use it to make a purchase. However, if you have an e-gift card, you may need to sell it to a third-party website or trade it for cash.
It’s important to note that Walmart does not offer cash back for gift card balances, so if you want to use the full amount of your gift card, you’ll need to use it to make a purchase. Additionally, be sure to read the terms and conditions of your gift card to ensure you understand any restrictions or expiration dates.
Overall, if you have a Walmart gift card and need cash, there are options available to you. Whether you choose to visit a physical store, sell your e-gift card, or use it to make a purchase, you can get the most out of your gift card.
