If you received a gift card that you will not use, why not trade it in for an Amazon.com gift card or sell it and get cash? You can get up to 92% of the value. I found two sites to compare to see which one will give you the most for your unwanted gift cards.
The first site is called CouponTrade . They will buy your unwanted gift cards as long as there is not a pending expiration. They will send your money to your PayPal account. They will also buy your unused Groupon or Living Social deals too. This site was featured in Good Housekeeping Magazine on August 3, 2011.
The second site is called Plastic Jungle. Here is a link to their site: Buy, sell and trade gift cards at PlasticJungle.com. Pay as low as $60 for a $100 gift card or sell your unwanted gift cards for cash!
Here are some examples from Plastic Jungle:
$25.00 Starbucks gift card – $20 cash or a $21 Amazon.com gift card
$50 Pottery Barn gift card – $40 cash or $42 Amazon.com gift card
$100 Old Navy gift card – $70 cash or $73.50 gift card
You can also donate your unwanted gift card to your favorite charity.
You can also purchase gift cards for less than face value. If you are giving them as gifts, the recipient does not know that you paid less than face value. They receive the gift card for the full amount. For example, if you purchase a Macy’s gift card for $42, the recipient will get a gift card with a value of $50.
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