If you love shopping and have a lot of unused gift cards, then you must be wondering whether you can convert your Amazon gift cards to cash. You might also have heard about many ways in which people sell their unused gift cards. But did you know that not all of them are trustworthy? If you’re looking for a safe and secure way to convert your Amazon gift card balance to cash so that you can use it in other ways, read on.
Can you convert an amazon gift card to cash?
If you’ve received an Amazon gift card for the holidays or a birthday, you may wonder if you can convert it to cash. In short, the answer is yes — but only up to a point. In this article, we’ll explain how you can cash out your Amazon gift card and give you some options for doing so. But first, let’s take a look at why so many people receive Amazon gift cards as presents in the first place.
Why Do People Receive Amazon Gift Cards?
If you’ve ever received an Amazon gift card, you know they’re not exactly the most exciting gifts to receive. And while they may not be the most exciting, they are still great gifts that many people love to get. In fact, last year alone there were over 200 million gift cards purchased on Amazon as presents during the holiday season! And while it may seem like a strange gift to give someone, there are actually many great reasons why someone would receive an Amazon gift card as a present. Here are 5 of the most common reasons why people receive Amazon gift cards:
You can buy everything on Amazon.
Amazon has become the premier online shopping destination for millions of people every year. As such, there is a very good chance that you can buy virtually any product that you could ever want or need on Amazon. This means you can use your Amazon gift card to buy anything from groceries and toiletries to clothing, shoes, jewelry, electronics, and more. There are very few things you can’t buy on Amazon.
You can use an Amazon gift card to help yourself.
If you have a hobby that you enjoy and need supplies for, such as photography, graphic design, or gardening, you can use your Amazon gift card to purchase the necessary supplies. When it comes to hobbies, it can be hard to get people what they need and want during the holidays. If you do photography or graphic design as a hobby, you can use your Amazon gift card to buy photo props, photo editing software, or even a new camera. If you are a gardener, you can buy gardening tools, materials for your greenhouse or garden, or even seeds.
You’re a Prime member and you don’t have cash on hand.
If you are a Prime member and you don’t have cash on hand, you can use your Amazon gift card to buy yourself the things you need. More likely than not, the things you need are something you would buy on Amazon. If you’re a Prime member but you don’t have cash or a gift card to buy your loved one a Christmas present, you can use your Amazon gift card to buy yourself the present you need.
Someone knows you well and knows that you love Amazon.
If you have a friend or family member who knows you well enough to know that you love shopping on Amazon, they may decide to get you an Amazon gift card. If you love shopping on Amazon, and you have a friend or family member who knows that, they may decide to get you an Amazon gift card as a present. In fact, there are many people who prefer to buy Amazon gift cards instead of giving cash as a gift.
How To Convert Your Amazon Gift Card To Cash?
Did you know that there are more than 20 different types of Amazon gift cards? There’s the standard gift card, which you can use to buy any product on Amazon. Then there’s the promotional code or digital code that can only be used with a specified product or service. These are commonly found in third-party sellers as an incentive for buying their products. Fortunately, each type of Amazon gift card comes with its own set of terms and conditions. So even if you have a promotional code or digital code, you might be able to convert it to cash instead of using it to buy a specific product on Amazon. With that in mind, here are six ways to convert your Amazon gift card to cash:
Sell your gift card on Amazon.
You can sell your Amazon gift card on Amazon itself. However, keep in mind that the price you receive may not be as much as you expect. That’s because you’re competing against other sellers for the best price. Also, keep in mind that Amazon takes a 15% service fee from the sale of every gift card. There are some limitations to this method. For example, you can only sell gift cards that are unopened and have never been used. Also, the gift card should be $50 or less and issued by Amazon. Yes, you can use a gift card you received as a present to make a few extra dollars. However, keep in mind that you’ll have to wait at least 24 hours after you’ve opened the gift card to sell it online.
Trade-in your Amazon gift card for cash at an online retailer.
You can convert your Amazon gift card to cash by trading it in at an online retailer. Keep in mind that you’ll receive less cash for your gift card than you would if you sold it directly. But this method might be a better option for you if you’re looking to get cash quickly. Some online retailers will also let you trade in your Amazon gift card for a third-party code. If this is the case, you can use that code to make a purchase on Amazon. This method is best if you’re looking to exchange your gift card for an item that you wouldn’t normally buy.
Convert your Amazon gift card to Bitcoin.
One of the most popular ways to convert your Amazon gift card to cash is to exchange it for Bitcoin. You can do this online through an exchange or peer-to-peer marketplace. There are also several peer-to-peer gift card exchange platforms that will allow you to convert your gift card to Bitcoin. Keep in mind that the price of Bitcoin is extremely volatile. This means that the value of your gift card will fluctuate as well. However, if you’re willing to gamble a bit, this might be the quickest way to convert your gift card to cash.
Use a service that will buy your Amazon gift card directly.
If you have an Amazon gift card that has a higher value than $500, you can use a service like a Raise or Cardpool to sell it for cash. Keep in mind that you’ll likely receive less for your gift card than if you sold it on Amazon directly. But this is a great way to get cash quickly if you have a large gift card. Another option is to use a service that will buy your Amazon gift card. Keep in mind that you’ll only receive between 80-90% of the gift card’s value. That’s because these services typically charge a small fee for their services.
Cancel your Amazon gift card and receive the balance by check.
If you have a promotional gift card or digital code, you might be able to cancel it. This is usually indicated in the terms and conditions that come with your gift card. If you’re able to cancel your gift card and receive the balance by check, then you can use it to buy something you want and then sell it for cash. Note that this method is more time-consuming. It could take weeks, or even months, to receive your check. However, it’s the surest way to convert your Amazon gift card to cash.
How To Find The Best Place To Exchange Your Amazon Gift Card?
There are hundreds of gift card exchange sites. How do you know which one is best? This is where our gift card exchange comparison and review guide comes in handy. We’ve conducted extensive research to determine which sites are trustworthy and which ones are scams.
- If you want to exchange your Amazon gift card for cash, we recommend you use one of these sites: WeGift, CardCash, or Gift Card Zen.
- These are reputable sites that will pay you for your gift card. And you don’t have to jump through any hoops to sell your card.
- You can use these sites from your phone or computer — wherever you’re most comfortable.
Ways To Turn Your Amazon Gift Card Into Cash Instantly
If you want to turn your Amazon gift card into cash instantly, you’ll have to use one of these methods.
This site is our top choice for converting gift cards instantly to cash. With WeGift, you can sell your gift card and have the money deposited into your bank account in one day. WeGift has a large network of retailers, including Amazon. You can use WeGift to sell your gift card and have the cash deposited into your account instantly. The WeGift team has scoured the Internet to find the best exchange rates. And they’ll give you the best deal for your gift card.
This site is another option for converting your gift card instantly to cash. CardCash has a large network of retailers, including Amazon. CardCash lets you sell your gift card for 85% of its value and receive a check in the mail within seven days. If you prefer to have your money deposited into your bank account, you can choose that option for a small fee.
The Danger Of Converting An Amazon Gift Card To Cash
There are a few downsides to converting your Amazon gift card to cash.
First and foremost, you’re only going to receive 85% of the card’s value. If you’re hoping to get the full value of the card, you’re out of luck.
- You may also risk losing the money you receive from the exchange site if the site goes out of business.
- There’s also a chance that your gift card could be stolen or hacked.
- If someone hacks your account, they could spend all the money on your gift card.
- You can reduce your risk of this happening by using strong passwords and two-factor authentication.
Should you convert your Amazon gift card?If you’ve received an Amazon gift card as a present, you have a few options for turning it into cash. You can sell the card, exchange it for points, or buy other gift cards. You can also use the gift card to make purchases on Amazon. We recommend you use one of the sites we’ve recommended on this page to convert your Amazon gift card to cash. And if you receive an Amazon gift card this holiday season, remember that you can use it at any time and for just about anything.