Depending on how you ask to be paid, it can also take a couple of days for the money to arrive. Just know that, in some cases, you can’t sell gift cards online electronically instantly with this method, as the sites will mostly only pay you once they’ve verified that your card is legit. If that does happen though, we’ll be sure to update this article to let you know!Īnd to get a free $5 gift card that you can exchange for cash, all you have to do is sign up for Swagbucks for a FREE $5 welcome bonus, just for verifying your email address. There’s a chance that they’ll update their services in the near future to allow you to sell your gift cards online but this isn’t the case yet. An Amazon coin machine, in that you can get an Amazon cash voucher by using cash to add to your Amazon balance (making it basically the same as getting an Amazon gift card).Coinstar bitcoin sellers, in that you can exchange cash for bitcoins.This is then exchanged for a gift card ( including from Amazon) or a charity donation Places where you can deposit coins, including serving as a coin counting machine.This means that, for now, Coinstar Gift Card Exchange kiosks have become: However, they’ve now replaced their gift card exchange kiosks, reportedly due to the high cost of renting floor space from stores for these.īefore, if, say, you wanted to exchange an Amazon gift card for cash because you don’t like shopping on Amazon or because it was expiring, you could just find a Coinstar gift card exchange kiosk near you and turn that credit from Amazon to cash. Coinstar Gift Card Exchange kiosks used to offer a way for you to exchange gift cards for cash. Final thoughts on using a Coinstar Gift Card Exchange near meĬan you exchange gift cards for cash at Coinstar?.Can you exchange a gift card for cash at Walmart?.Where’s a Coinstar Gift Card Exchange kiosk near me?.What is the fee for the Coinstar Gift Card Exchange?. What gift cards did Coinstar Exchange accept?.What can you do with unwanted gift cards?.How can I sell gift cards for cash instantly near me?.How can I trade in gift cards for cash?.Can you exchange gift cards for cash at Coinstar?.The company reportedly has generated about $150,000 in revenue since launching the Ohio test in September, according to a spokesperson. Gift cards redeemed by Alula are resold at a discount through other channels and partners. The card holder can typically expect to receive 65%-85% of face value on one of these cards, according to Alula. The amount refunded in cash to consumers depends on the type of gift card and is primarily driven by how easily that gift card can be resold to another consumer.įor example, a gift card to a grocery store, gas station, or mass merchant is more desirable than a smaller or specialty retailer. Specifically, Alula accepts gift cards from about 170 retailers, including Best Buy, Target, Home Depot, Starbucks, Apple Store, AMC Theatres, REI, Denny’s, FYE, Sears, and Walmart, among others. Coinstar sees a niche market for unused gift cards as a means of generating incremental revenue while offering a cash option to consumers. Gift cards, which are offered by myriad retailers, typically are not redeemable for cash from the original vendor. Coinstar has begun testing kiosks that allow consumers to cash in new and used holiday gift cards.īellevue, Wash.-based Coinstar, which owns and operates Redbox, Seattle’s Best coffee kiosks, consumer electronics recycling kiosks and its signature coin trading units, last quarter launched Alula kiosks in 21 Giant Eagle supermarkets in central Ohio.
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