Easy ways to covert Amazon gift card to cash

Amazon won’t let you return the gift card for cash, and you can’t ask the person who gave you the card to take it back and give you money instead.

gift card to cash

Luckily, you can exchange your gift card for cash in numerous other ways, as presented in the table below:

Methods

1.Use Reddit

This popular social platform has a subreddit for gift card exchanges, where you can exchange your card for cash or other gift cards

2. Buy presents for family and friends and get the money in exchange, your friends or family members could probably use a few items from Amazon. You can buy those items and ask for cash in exchange

3. Sell a $500 Amazon Gift Card for $520 on eBay or Craigslist

You can sell your gift card on eBay for even more money than it’s worth. Craigslist is one of the fastest ways to get cash for a gift card, provided you are willing to lower the price a bit

Not only you can sell your Amazon GC, but apparently you can sell it for more than its face value!

I was baffled when I saw people buying a $50 Amazon GC for $57,99.

So I looked into it (here is a great discussion about it on Amazon Community Forum,) and from what I have gathered there may be a few reasons for why people pay more than the face value.

One theory is that people from other countries buy them and take advantage of the currency conversion somehow. So for them it actually is a win.

Another one is that the buyers are using cashback sites to shop on eBay and sometimes the cashback sites have promotions where they can earn way more cashback than the few extra dollars they paid for the GC.

And if you are not sure about that, you can always sell the GC for its face value or a few dollars lower. I looked on eBay and a lot of gift cards, including Amazon’s, do sell for 100% face value or near it.

4. GiftCardBin

GiftCardBin allows you to sell gift cards. It used to allow you to sell them online, but it no longer supports online sales of gift cards through its site.

You can still sell gift cards though by visiting one of the company’s 600 partner locations across the United States.

Here’s how to sell gift cards with GiftCardBin:

  • Simply, use the store locator, which I’ve linked in the section heading above, to find a location near you.
  • Take your gift cards and a valid ID to the location.
  • Get cash for your gift cards.

5. Use gift card reseller sites

This is a valid option, even though it’s not the fastest or most profitable. You should also do thorough research to find a reliable website, as well as the one offering the biggest payout

6. Buy your groceries via an Amazon card

Amazon sells groceries that can be delivered to your doorstep, including:

  • Drinks
  • Coffee
  • Snacks
  • Household items

Use the gift card to buy them and keep the equivalent amount in cash next time you get a paycheck

7. Use CoinStar

CoinStar has kiosks all over the country that you can use to exchange gift cards for cash. This method only works with physical cards since you have to insert them into the machine

5. GC Spread

Another place where you can sell your gift cards is at GC Spread. You can select the type of gift card you want to sell, and it allows you to make an offer for your gift cards.

Generally, GC Spread pays you between 60% and 90% of the value on the gift card.

If it accepts your offer, you’ll be notified, so you’ll know exactly how much payment to expect for your GC.

It pays you via check in 10 working days. That’s not the fastest way to get paid, but it’s still a good way to trade your Amazon gift card for cash that you can actually spend! Simply deposit the check into your bank account or cash it at your bank.

6. BuyBackWorld

If you are looking for a legit place to sell an Amazon gift card, then you should definitely try BuyBackWorld.

BuyBackWorld is accredited by the Better Business Bureau, where it has an A rating. It’s also really well-rated on Trustpilot. On Trustpilot, BuyBackWorld has 4.2 stars, which is a “Great” rating.

With BuyBackWorld, you can sell your Amazon gift cards quick and easily.

Here’s how it works:

  • On the BuyBackWorld website, select the gift card you want to sell from the list of dropdown options. So, you’ll need to select “Amazon.”
  • Enter the value of your gift card.
  • Select the number of gift cards that you want to sell.
  • BuyBackWorld will give you a quote.
  • If you accept the quote, you need to mail your gift cards to the company. This is free to do, which is great. BuyBackWorld gives you a prepaid shipping label.
  • Once BuyBackWorld receives your gift cards and verifies the amounts, it will issue your payment through the payment method you prefer. Payment options include PayPal, direct deposit, prepaid debit card, or a BuyBackWorld.com gift card. Your payment is issued within 2 business days of verification.

7. QuickcashMI

You can sell your Amazon gift cards on QuickcashMI.

Select your gift card from the dropdown list of merchants. So, select “Amazon,” from the list, and then enter the current value of your gift card.

QuickcashMI will then give you an offer for your gift cards. According to the site, you can sell gift cards on there for up to 90% cash back on select merchants. Payment is sent by check.

8. EJ Gift Cards

EJ Gift Cards allows you to trade your unwanted GCs for cash.

Search or select the gift card brand from the list.

Then, enter the current face value dollar amount on the card, and you’ll instantly receive a purchase offer for your gift card or store credit.

If you like the offer, then you can accept it, and payment is sent by PayPal.

9. GiftCardPlace

At GiftCardPlace, you can compare offers for your Amazon gift card from lots of different vendors, such as Raise and GC Spread.

Here’s how it works:

  • Select the merchant name of your gift card from the list. So, scroll down until you see “Amazon,” and then click on it.
  • You’ll get a list of exchange rates offered by various vendors for your gift card. When I selected Amazon, I got both fixed rate offers and percentage offers from places like Raise and EJ Gift Cards.
  • If you like one of the offers, click on “Sell Your Card,” under that particular offer to navigate to the vendor’s website.
  • Complete the transaction and receive your payout.

10. GiftCash

GiftCash is a website that makes selling your Amazon gift cards easy.

With GiftCash, you can sell gift cards for cash. You can get payouts of up to 92% of the card’s value.

Here’s how it works:

  • Type in the brand name and balance for each of your cards. So, you will need to type in “Amazon,” and the value of your cards. Then click on “Get Offer.”
  • The site will then make you an offer for the value on your gift card. If you like the offer, you can accept it.
  • You’ll get paid by bank transfer or cryptocurrency.

11. Raise

This is an app that works similarly to websites like CardPool.

You list your GC for a little less than its face value and people can buy it from you.

12. Gameflip

Gameflip is a website where you can sell Amazon gift cards. You can list your Amazon gift cards using the Gameflip website or its free mobile app.

The website says that to sell gift cards quickly, you should set the price at between 2% and 15% off the original amount.

13. Sell on Gift Card Reseller sites

This is another option. It’s not the fastest one, nor will it get you the most cash, but it works.

Here are a few legit sites you can try:

14. Sell Amazon Gift Card for Bitcoin

If you’re a fan of bitcoin, beside Purse, there are also other sites that let you trade/sell all kinds of gift cards, including Amazon gift certificates, for bitcoin.

Here are a few sites you can try:

Now if you don’t really want Bitcoin, there are much faster and easier ways you can sell your Bitcoin for cash. So that’s another option.

Read also: Trusted places to sell your bitcoin and Gift for cash at higher rate

16. Sell or trade the gift cards to friends and family

Another option is to simply sell or trade your Amazon gift card to someone you know, like a friend, family member, or colleague.

Most people buy stuff on Amazon so it’s likely that you know at least one person who’d have use for an Amazon gift card.

Since you already know each other too, you’ll likely get a better deal than you would when dealing with a stranger when selling online, and you’ll get more from a friend or family member than you would on a site like BuyBackWorld.

Other Ways to Convert Amazon Gift Cards to Cash

Here are a few other options for cases where you don’t need cash, but you also don’t want the gift card.

17. Buy stuff for friends/family and get cash in exchange

Ask your other friends or family members if they need stuff from Amazon. If they do, buy it for them and have them give you the equivalent amount in cash.

And if you don’t have a friend or family member who needs $500 worth of stuff, perhaps you could find a few people who may each need $50-$100 worth of stuff.

18. Buy grocery & pay yourself in cash

Most of us buy groceries a few times a week. But you can buy some of that stuff on Amazon now.

If you need the cash in a week or so, instead of buying your grocery from the store next week and paying with cash from your next paycheck, buy the grocery on Amazon now with the card and then pay yourself the equivalent amount in cash when you get your paycheck.

19. Shop with Amazon Payments

If what you need is not cash but another item that is not sold on Amazon.com, you can actually use your gift card balance to shop on other sites that accept Amazon Payments.

You can see a list of merchants that accept Amazon payments here.

20. Yard sale

You could also try selling your Amazon gift card at a yard sale. Because you’re not selling through a website or company, you don’t have to worry about listing fees or commission fees. Instead, you can keep 100% of the profits!

Now, there is a downside to yard sales. People mostly attend yard sales to find bargains, so you might not always get great value for your gift cards.

Still though, selling gift cards at a yard sale is definitely worth a try, particularly if you have other items you want to sell. You could declutter your home and make some money in the process.

21. Buy stuff on Amazon and flip it for a profit

If you are looking for another way to trade your Amazon gift cards for cash and don’t mind putting in a little effort, then you should consider retail arbitrage.

With retail arbitrage, you purchase an item at a discount and then sell it for a profit.

You can trade your Amazon gift cards for cash using retail arbitrage.

Here’s how:

  • Look for products on Amazon that are discounted or on sale. Amazon has a Today’s Deals section where you can find great savings, coupons that can save you money, and many products are regularly discounted on there.
  • Use your Amazon gift card to pay for these items.
  • Once the items arrive, sell them online for a higher price than what you paid for them.

There are lots of great places to sell stuff online, such as:

  • eBay
  • Etsy
  • eBid
  • Craigslist
  • OfferUp
  • Facebook Marketplace
  • Poshmark

Sure, this method takes an extra step or two compared to some of the others on the list, but it’s still a good way to trade your Amazon gift cards for cash.

22. Regift your Amazon gift card

Another way that you can get cash for your unwanted gift card is to, well, regift it.

Lots of people shop on Amazon, so an Amazon gift card can make for a great gift. You could regift your gift card to a friend, colleague, or family member. You can then keep the cash you would have spent on a gift for them in your own pocket, which is great.

So, for example, let’s planned to spend $30 on a family member’s birthday gift. You have a $30 Amazon gift card. So, rather than spending that $30, give simply give the family member your gift card. You can then use that spare $30 for anything you want.

You can’t transfer a current Amazon.com balance to another person, so make sure you don’t redeem the gift code, so you can regift the card.

23. Use your Amazon GC to purchase gifts

Just like with the tip above about regifting an Amazon gift card to a friend or family member, this tip will also free up cash for you.

Basically, you use your unwanted Amazon gift card to purchase a gift, or, depending on the value of the gift card, multiple gifts.

I spend $100s on gifts for my family each year, between birthdays, Christmas, and other events.

If you spend a lot on gifts, then using gift cards, rather than your own cash, to purchase them, can save you a lot of money.

Let’s say you have a $100 gift card, and you use it to buy a couple of gifts. That’s $100 in cash that you’ve freed up in your bank account. You can then use it on whatever you want.

So, redeem your Amazon gift card balance online, and use it to buy presents from Amazon.

Amazon sells so many different items from clothing to makeup to toys to electronics, meaning you can, likely, find gifts for everyone on there.

24. Use the card as payment

If you are planning to hire someone, you could give them your gift card in exchange for their services.

For example, if you have a teenage neighbor who babysits, then you could offer them the gift card as payment.

You could use your Amazon gift card to pay people for:

  • Dog walking
  • House sitting
  • Pet sitting
  • Mowing your lawn
  • Yard work
  • Babysitting

Lots of people shop on Amazon so they may be willing to trade their services for an Amazon gift card.

This frees up the cash that you otherwise would have spent on paying people for those services.

25. Ask Amazon for cash

I know this sounds like a crazy idea, but Amazon has fantastic customer support and they are famous for it. You just may get lucky.

It won’t really cost you but a few minutes of your time to contact Amazon support and ask them. The worst that happens is that they will say no.

Read also: Do you know you can Earn money through Amazon through the

Conclusion on Selling Amazon Gift Cards

Amazon gift card is one of the most gifted gift cards. And like any other gift card you receive, there are times you wish you could have the cash instead. Thankfully, as you can see, you have a lot of options for selling or trading your Amazon gift cards.

Have you ever had to exchange your Amazon gift card for cash? Do you know of any other way one can get cash for an unwanted Amazon gift card? Let us know by leaving a comment below.

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