Target offers gift card exchange

One example provided by Target: A $100 Walmart (WMT) gift card would exchange for an $85 Target gift card.

You’ll generally get more cash back for gift cards from popular stores.

According to retail analysts, young people are the most prone to give gift cards, as they prefer the cash in the gift cards rather than a gift they won’t like. “Getting some cash in your pocket is definitely better than throwing that gift card in your regifting closet and forgetting about it”. But you may not get as much money back as you would have on the websites.

Your cousin no doubt meant well when he gave you a $50 gift card to Outback Steakhouse-he just didn’t remember that you had become a vegan.

Faced with a choice between receiving a disgusting sweater and a generic gift card, we would always take the card.

MINNEAPOLIS-Target is accepting unwanted or unused third-party gift cards and exchanging them for Target GiftCards. With Walmart, a $100 gift card gets you around $90 at all the sites Consumer Reports checked. This percentage varies however, dependent on the popularity of the gift card store.

But a group of websites is trying to fill that gap by buying and reselling gift cards that would otherwise sit idle.

After that, the site verifies the card’s balance. Suddenly that gift card is something to be popped in a drawer and forgotten about until you clean that drawer out sometime after the use by date has expired. Or, if you’d like, you can opt for a gift card to another merchant, such as Dell or CVS.

Roughly 75 percent of surveyed Americans said they purchased at least one gift card for their friends. Let us know by commenting below!