In partnership with The Wall Street Journal
Guest or
Level:
Newcomer
FiQ Points:
0

Get the Gift Card You Want


WSJOnline_noTag_295

Share This

  •  
    Comments (0)

Related Questions

Ask your Question

Sponsored by

The Short Story

Have a gift card you don't want taking up space in your wallet? You can trade it in! Shelly Banjo lists some sites and how to unload your unwanted card.

Problem: You received a gift card for the holidays but don't ever shop at that store.

Solution: Trade it in. At Web sites such as GiftCardRescue.com , plasticjungle.com or MonsterGiftCard.com , you can swap your unwanted card for a different one or trade it in for cash. But depending on the service you use and the popularity of the card, you may receive only a portion of the card's value back. Typically a user must first create a free account and provide details of the card, such as merchant name, value and expiration date. Requirements and procedures vary by Web site. At GiftCardRescue.com , for instance, card values must be between $25 and $200. Once you enter the details of your gift card, the site will tell you the card's "redemption value," or how much it is willing to pay for the card; GiftCardRescue.com typically pays between 60% and 80% of the card's value. You can then choose to receive cash via PayPal or select a new gift card from the site. Finally, you mail your gift card to GiftCardRescue.com . You should get your new gift card or the cash within 48 hours after the site receives your card.

Caveat: Watch out for additional fees for commission and shipping. PlasticJungle.com deducts a 10% commission from your payments when you sell or trade your card. Pay close attention to expiration dates and dormancy fees for not using the card within a certain period.

Related Offers

Visit WSJ.com now for additional insight on the most important stories of the day.


Category: Gift Cards

  •  
    Comments (0)
  •  

Comments

Sort by:

None yet. Be the first to comment.

Post Comment

Generic User Image

Participating in the FiLife community requires a user account.

You can or sign in with your Facebook account by clicking this button:

If you're already a member, .

Stacker Poll of the Day

Market Summary

INDU Chart
COMP Chart
SPX Chart

Enter Symbol or Keyword

Quote:
Separate multiple quotes with spaces

Today’s Rates

Type Today Week Ago
15 Year Fixed 4.62% Rates_down 4.67%
30 Year Fixed 5.15% 5.15%
1 Year ARM 3.48% Rates_down 3.51%
5/1 Year ARM 3.62% Rates_down 3.68%
Type Today Week Ago
Line of Credit 4.89% Rates_up 4.88%
10 Year Loan 7.47% 7.47%
15 Year Loan 7.61% Rates_up 7.60%
Type Today Week Ago
Interest Checking 0.28% 0.28%
Money Market/Savings 0.38% 0.38%
12 Month CD 1.13% Rates_deposit_down 1.15%
60 Month IRA CD 2.40% Rates_deposit_down 2.41%
Type Today Week Ago
Cash Back Cards 12.66% Rates_down 12.68%
No Annual Fee Cards 12.08% Rates_up 11.97%
Reward Cards 12.75% Rates_up 12.61%
Small Business Cards 11.01% Rates_up 10.94%
Student Cards 13.77% Rates_up 13.49%
Platinum Cards 12.26% Rates_up 12.11%
Provided by Informa 11.06.09