Do you have a Walmart gift card that you don’t know what to do with? Maybe you received it as a gift, but you’d prefer to have cash instead? Luckily, there are ways to exchange your Walmart gift card for cash, and we’re here to show you how!
In this article, we’ll explore several options for converting your Walmart gift card into cold hard cash. Whether you want to sell it online, trade it in for a different gift card, or visit a physical location that accepts gift card exchanges, we’ve got you covered. So, let’s dive in and figure out how to turn that unwanted gift card into something you can really use!
- Check the remaining balance of your Walmart gift card.
- Visit Walmart’s website and search for the “Gift cards” section.
- Select the option to exchange your gift card for cash.
- Enter your card details and wait for the verification process to complete.
- Once verified, you will receive a cash voucher or a direct deposit to your bank account.
How to Exchange Walmart Gift Card for Cash?
If you have a Walmart gift card that you don’t plan on using, you may be wondering how you can exchange it for cash. Fortunately, there are several options available. In this article, we will discuss some of the best ways to exchange your Walmart gift card for cash.
Option 1: Sell Your Walmart Gift Card Online
One of the easiest ways to exchange your Walmart gift card for cash is to sell it online. There are several websites that allow you to sell your gift cards, including Cardpool, Raise, and GiftCardGranny. Here’s how it works:
1. Visit one of the websites mentioned above and enter the details of your gift card.
2. The website will give you an offer for your gift card, which is usually around 90% of the card’s value.
3. If you accept the offer, you will be asked to enter your gift card information and mail it to the company.
4. Once the company receives your gift card, they will verify it and send you payment, usually in the form of a check or PayPal transfer.
Selling your Walmart gift card online is a quick and easy way to get cash for your card. However, keep in mind that you may not get the full value of your gift card.
Option 2: Use a Gift Card Exchange Kiosk
Another option for exchanging your Walmart gift card for cash is to use a gift card exchange kiosk. These kiosks are usually located in grocery stores, malls, and other public places. Here’s how it works:
1. Find a gift card exchange kiosk near you. Some popular kiosk brands include Coinstar and Cardpool.
2. Enter the details of your gift card into the kiosk.
3. The kiosk will give you an offer for your gift card, which is usually around 70-80% of the card’s value.
4. If you accept the offer, the kiosk will give you cash or a voucher that you can redeem for cash at the store.
Using a gift card exchange kiosk is a convenient option if you need cash quickly. However, keep in mind that you may not get the full value of your gift card, and there may be fees associated with using the kiosk.
Option 3: Sell Your Gift Card to a Friend or Family Member
If you have a friend or family member who shops at Walmart regularly, you may be able to sell your gift card to them for cash. Here’s how it works:
1. Offer to sell your gift card to your friend or family member for a discounted price. For example, if you have a $100 Walmart gift card, you could offer to sell it for $80 in cash.
2. If your friend or family member agrees to buy the gift card, give them the card and accept payment in cash.
Selling your gift card to a friend or family member is a great option if you want to avoid fees and get the full value of your gift card. However, keep in mind that not everyone may be interested in buying a Walmart gift card.
Option 4: Use a Gift Card Buyback Website
Another option for exchanging your Walmart gift card for cash is to use a gift card buyback website. These websites allow you to sell your gift card directly to the company, which will then resell it to someone else. Here’s how it works:
1. Visit a gift card buyback website such as CardCash or Giftcards.com.
2. Enter the details of your gift card and get an offer for it.
3. If you accept the offer, you will be asked to mail your gift card to the company.
4. Once the company receives your gift card, they will verify it and send you payment, usually in the form of a check or PayPal transfer.
Using a gift card buyback website is a good option if you want to get the full value of your gift card. However, keep in mind that it may take a few days to receive payment, and there may be fees associated with using the website.
Benefits of Exchanging Your Walmart Gift Card for Cash
There are several benefits to exchanging your Walmart gift card for cash. Here are some of the main benefits:
1. Cash is more flexible than a gift card. With cash, you can use it to pay bills, buy groceries, or do anything else you need to do.
2. You can avoid fees. Many gift cards come with fees, such as activation fees, maintenance fees, and transaction fees. By exchanging your gift card for cash, you can avoid these fees.
3. You can get the full value of your gift card. When you exchange your gift card for cash, you can usually get close to the full value of the card, depending on the method you choose.
Walmart Gift Card Exchange vs. Selling on Your Own
When it comes to exchanging your Walmart gift card for cash, you have two main options: using a gift card exchange service or selling the card on your own. Here are some of the pros and cons of each option:
Walmart Gift Card Exchange
Pros:
– Quick and easy
– Convenient
– Guaranteed payment
Cons:
– You may not get the full value of your gift card
– There may be fees associated with using the service
Selling on Your Own
Pros:
– You can get the full value of your gift card
– You can avoid fees
Cons:
– It may take longer to sell your gift card
– You may not be able to find a buyer
Ultimately, the option you choose will depend on your personal preferences and needs. If you need cash quickly and don’t mind getting slightly less than the full value of your gift card, using a Walmart gift card exchange service may be the best option for you. If you have time and want to get the full value of your gift card, selling the card on your own may be a better choice.
Frequently Asked Questions
Walmart gift cards are a great way to shop at Walmart, but sometimes you may need cash instead. Here are some common questions and answers about how to exchange Walmart gift cards for cash.
Can I exchange my Walmart gift card for cash?
Yes, it is possible to exchange your Walmart gift card for cash. However, Walmart does not directly offer this service. You will need to use a third-party exchange service or sell your gift card to someone who is willing to give you cash in exchange for it.
There are several online exchange services, such as Cardpool and Raise, that allow you to sell your gift card for cash. You can also try selling your gift card on websites like eBay or Craigslist.
How much money can I get for my Walmart gift card?
The amount of money you can get for your Walmart gift card will depend on several factors, such as the balance on the card and the demand for Walmart gift cards at the time of the exchange. Typically, you can expect to receive around 90% of the card’s value in cash.
However, if you use a third-party exchange service, they may charge a fee for their services, which will reduce the amount of cash you receive for your gift card.
What do I need to do before exchanging my Walmart gift card for cash?
Before exchanging your Walmart gift card for cash, you should check the balance on the card to make sure it is accurate. You should also read the terms and conditions of the exchange service you plan to use to make sure you understand their fees and policies.
If you are selling your gift card to an individual, be sure to meet in a safe public place and only accept cash as payment. Do not give out your personal information or gift card number to anyone you do not know and trust.
How long does it take to exchange my Walmart gift card for cash?
The time it takes to exchange your Walmart gift card for cash will depend on the exchange service you use. Some services offer instant payment, while others may take a few days to process the transaction.
Before choosing an exchange service, be sure to read their reviews and check their reputation to make sure they are a legitimate and trustworthy company.
Are there any fees for exchanging my Walmart gift card for cash?
Yes, there may be fees associated with exchanging your Walmart gift card for cash. If you use a third-party exchange service, they may charge a fee for their services, which will reduce the amount of cash you receive for your gift card.
Before exchanging your gift card, be sure to read the terms and conditions of the exchange service to understand their fees and policies. You should also compare the fees of different exchange services to find the one that offers the best value for your gift card.
How To Turn Walmart Gift Card Into Cash
In conclusion, exchanging a Walmart gift card for cash can seem like a daunting task, but with the right information and resources, it can be a quick and easy process. Whether you choose to sell the gift card online or in-person, it’s important to do your research and find a reputable buyer. Be sure to read the terms and conditions carefully before making any transactions to avoid any potential scams or issues.
Remember that exchanging a Walmart gift card for cash may come with fees or lower payout rates, so it’s important to weigh your options and decide what works best for you. If you’re in a hurry, consider selling your gift card to a kiosk or exchange service for a quick and hassle-free experience. Whatever method you choose, make sure to keep track of your transaction details and always prioritize your safety and security.
Ultimately, the process of exchanging a Walmart gift card for cash may require some effort and patience, but it’s definitely worth it if you’re in need of some extra funds. With the right approach and resources, you can turn your unwanted gift card into cash in no time. So go ahead and give it a try – you never know what opportunities may arise from a simple exchange!
