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Convert a Gift Card to Cash: Options & Rules

Can we convert a gift card into cash?

Sometimes, yes—but it depends on the type of card, your state’s rules, and how much value is left. Most retailers don’t let you walk in and “cash out” a gift card just because you’d rather have money. However, many states require cash redemption when the remaining balance drops below a certain threshold (often around $5 or $10), and some stores will do it even when they aren’t required.

If cashing out at the original store isn’t an option, the most common routes are selling the card on a reputable gift card marketplace, using a kiosk or exchange program, or (less ideally) finding a trusted buyer directly. Expect a discount—cash buyers generally pay less than face value to cover risk and make a margin.

What to check before trying to cash out

Start by confirming the card balance and type. Store gift cards, third-party cards, and prepaid debit gift cards can have very different rules. Then look up your state’s gift card cash-out law (or the retailer’s policy) for small-balance redemption. Also watch for fees on certain prepaid cards that can slowly reduce the remaining value.

Best alternatives if cash isn’t possible

If you can’t convert it to cash at the register, the next-best move is to maximize what you get out of it. That can mean using it on needed essentials, stacking it with store sales, or combining it with coupons where allowed. For practical ideas to stretch gift card value and avoid leaving dollars unused, see this gift card checklist and discount-stacking guide.

FAQ

How do I turn my gift card to cash?

Check whether your state allows cashing out small remaining balances and ask the retailer if they’ll redeem it. If not, you can sell it through a gift card resale marketplace or exchange service, usually for less than face value.

How much is a $100 gift card worth?

At the retailer, it’s typically worth the full $100 toward purchases. If you sell it for cash, offers often range roughly from 60% to 90% depending on the brand’s demand and the platform’s fees.

Where can I take my gift card to get cash?

You may be able to redeem a small leftover balance for cash at the original retailer if local laws or store policy allow it. Otherwise, online resale marketplaces and some in-person exchange kiosks are the most common options.