If you’re a regular Walmart shopper, chances are you’ve received a gift card as a present or as part of a promotion. And while gift cards are a convenient way to shop, you may be wondering if you can get cash back with them. The short answer is yes, but there are a few things to keep in mind before you head to the store.
In this article, we’ll go over the basics of Walmart gift cards and their cash back policy. We’ll also discuss the different scenarios in which you can get cash back and provide you with some helpful tips to make the process as smooth as possible. So, if you’re curious about cashing in your Walmart gift card, keep reading to find out all you need to know.
Can You Get Cash Back With Walmart Gift Card?
If you have ever received a Walmart gift card and wondered whether you can get cash back from it, you are not alone. Walmart gift cards are a popular gift option for many people, but it is important to know the terms and conditions associated with them before you attempt to redeem them for cash.
Understanding Walmart Gift Card Terms and Conditions
Walmart gift cards are issued by Walmart and can be used to purchase goods and services at any Walmart store or online at Walmart.com. They are available in both physical and digital formats and can be purchased in denominations ranging from $5 to $500.
It is important to note that Walmart gift cards are not redeemable for cash except where required by law. This means that in most cases, you cannot get cash back from a Walmart gift card.
Options for Redeeming Walmart Gift Cards
Although you cannot typically get cash back from a Walmart gift card, there are still several options for redeeming them. Some of the most popular options include:
1. Use the Gift Card to Purchase Items at Walmart
The most obvious way to redeem a Walmart gift card is by using it to purchase items at Walmart. Simply present the gift card at checkout, and the amount of your purchase will be deducted from the balance on the card.
2. Sell the Gift Card
If you do not want to use your Walmart gift card, you may be able to sell it to a third-party gift card exchange service. These services will typically purchase your gift card for a percentage of its value, which you can then receive as cash.
3. Trade the Gift Card
Another option for redeeming a Walmart gift card is to trade it for a different gift card. Some online gift card exchange websites allow you to trade your Walmart gift card for a different gift card of equal or lesser value.
Benefits of Using a Walmart Gift Card
While you may not be able to get cash back from a Walmart gift card, there are still many benefits to using one. Some of the most significant benefits include:
Walmart gift cards are incredibly convenient to use. They can be used to purchase anything from groceries to electronics, making them a versatile gift option.
2. No Expiration Date
Walmart gift cards do not expire, so you can use them whenever you are ready. This means that you can hold onto your gift card until you find the perfect item to purchase.
3. Easy to Purchase
Walmart gift cards are easy to purchase both in-store and online. This makes them a great last-minute gift option for any occasion.
Walmart Gift Cards vs. Cash
While Walmart gift cards cannot typically be redeemed for cash, there are still many advantages to using them over cash. Some of the most significant advantages include:
1. Reduced Risk of Loss or Theft
If you lose cash or it is stolen, there is no way to recover it. However, if you lose a Walmart gift card, you can typically have it replaced as long as you have the original purchase receipt.
2. More Control Over Spending
When you use a Walmart gift card, you have more control over your spending. You can only spend the amount of money that is on the card, which can help you stay within your budget.
Walmart gift cards are much more secure than carrying cash. They cannot be stolen or lost as easily as cash, which can give you peace of mind when using them to make purchases.
In conclusion, while you cannot typically get cash back from a Walmart gift card, there are still many options for redeeming them. Whether you choose to use your gift card to purchase items at Walmart, sell it for cash, or trade it for a different gift card, you can enjoy the many benefits of using a Walmart gift card.
Frequently Asked Questions
Below are some common questions about getting cash back with Walmart gift cards:
Can you get cash back with Walmart gift card?
Unfortunately, Walmart gift cards cannot be redeemed for cash. This policy is clearly stated on the back of the gift card. If you try to use the gift card to withdraw cash from an ATM or cashback from a retailer, it will not work. The gift card can only be used to make purchases at Walmart stores or online at Walmart.com.
If you have a small balance left on your gift card after making a purchase, you can still use it for future purchases. Alternatively, you can give the gift card to someone else as a gift or sell it to a gift card exchange website.
Can you return items for cash if you paid with a Walmart gift card?
If you paid for your purchase with a Walmart gift card, you can still return the item for a refund, but you will not receive cash back. Instead, you will receive a refund in the form of a Walmart gift card or a credit to your Walmart account. This policy is the same for returns made in-store or online.
If you do not want to receive a gift card or credit to your account, you may want to consider returning the item to the store where you purchased it and requesting a refund in the original form of payment (if you paid with a credit or debit card).
Can you use a Walmart gift card to buy money orders or prepaid debit cards?
Walmart gift cards cannot be used to purchase money orders or prepaid debit cards. This policy is in place to prevent fraud and money laundering. If you try to use a gift card to buy a money order or prepaid debit card, the transaction will be declined.
You can still use a Walmart gift card to make purchases at Walmart stores or online at Walmart.com. You can also use the gift card to pay for bills, such as your Walmart credit card bill or your cell phone bill, in-store or online.
Can you use a Walmart gift card to pay for groceries at Walmart?
Yes, you can use a Walmart gift card to pay for groceries at Walmart stores. The gift card can be used to purchase any item in the store, including food and beverages. However, you cannot use the gift card to withdraw cash or get cashback from your purchase.
If you plan to use a Walmart gift card to pay for groceries, you should make sure that the card has enough funds to cover the total cost of your purchase. If the balance on the gift card is not enough, you will need to provide an additional form of payment to complete your transaction.
Can you use a Walmart gift card to purchase items online?
Yes, you can use a Walmart gift card to purchase items online at Walmart.com. When you checkout, simply enter the gift card number and PIN to apply the balance to your order. If the balance on the gift card is not enough to cover the total cost of your purchase, you will need to provide an additional form of payment to complete your transaction.
Keep in mind that some items on Walmart.com are not eligible for purchase with a gift card, such as e-books, digital movies, and subscriptions. You should also make sure that the gift card is still active and has enough funds before placing your order.
How To Turn Walmart Gift Card Into Cash
In conclusion, the answer to the question of whether you can get cash back with a Walmart gift card is not a straightforward one. While it is possible in some cases to receive cash back, there are limitations and restrictions to be aware of.
If you want to maximize the value of your Walmart gift card, consider using it to purchase items that you need or want from the retailer. This way, you can enjoy the convenience of shopping at Walmart while avoiding any potential fees or restrictions associated with cash back options.
Overall, understanding the terms and conditions of your Walmart gift card is key to making the most of this versatile payment option. Whether you choose to use it for purchases or seek out cash back opportunities, be sure to read the fine print and make informed decisions that align with your needs and preferences.