If you are like most people, you probably received at least one gift card this holiday season.
Year in and year out, gift cards are one of the most popular gifts to give and one of the most popular gifts people request.
But what if you got a gift card you don't want? Don't just throw it in a drawer and let it collect dust. You can try selling it on a gift card exchange site for cash.
The amount of money you can get usually depends on how popular the retailers are and the amount of inventory in stock.
To get cash for your unwanted gift cards all you have to do is input the merchant the card came from and the value amount and you can get an idea of how much it’s worth.
Which gift card exchange site should you use? Personal finance site WalletHub compared the most popular gift card exchanges and has rated them. Here are the top three gift card exchanges for sellers:
WalletHub rated these as the best for buyers:
Here are the top 10 gift cards with the highest average resale value, according to WalletHub: