Wondering how you can turn Amazon gift cards into cash? While Amazon doesn’t easily allow you to do this, there are a few ways you can successfully convert your gift card into cash. We explain all of these ways below!
If you’re wanting to turn an Amazon gift card into cash, you can try to buy items on Amazon for others and receive cash in return, exchange the card on Reddit, sell the card on eBay, sell the card on Craigslist, or use gift card reseller websites.
As Amazon doesn’t easily allow you to convert gift cards into cash, this can become a difficult issue. However, by following these methods below, you should have no issue finding a way to convert your gift card into cash!
First, let’s start with one of the easiest and safest options on this list. If you have an Amazon gift card or gift balance that you don’t want or need, see if anyone else in your family (or any of your friends) wants it instead.
While you cannot send your gift balance to them, you can buy the items that you want by using your own gift balance. Then, your family or loved one can pay you back for the amount that you spent in cash. In this way, you can convert your gift card balance into cash.
If you have a physical gift card from Amazon, you can just swap the card with one of your friends or family members. They can then give you cash in return.
People receiving gift cards that they won’t, or don’t, use is common. In fact, it’s so common that a subreddit on Reddit (/r/giftcardexchange) has been created for this purpose!
So, if you have an Amazon gift card, you can use this subreddit to find someone to exchange the card with. You’ll likely just receive the cash through PayPal to make it easier for everyone.
The only thing you have to do for this method is create an account with Reddit, which is free!
If you don’t have any luck with the top two options, selling your Amazon gift card on eBay is always another easy and recommended option. Just by scrolling through eBay, you’ll see a lot of people already do this!
When selling your gift card on eBay, you can try to sell the card at face value. So, if you have a gift card for $100, try selling it for exactly $100.
Some people will sell it lower than the gift card balance — $90 for a gift card with a $100 balance. This is sometimes done if you want to sell the card quickly and feel that nobody is buying your gift card at face value.
Others, meanwhile, seem to have great success selling their gift card for more than the gift card balance. For example, people will have a $100 gift card and sell it for $120 on Amazon, making a $20 profit in the process.
While this seems confusing, it does appear that many people buy these gift cards, especially if they are buying them from other countries.
When selling your own gift card, find out what method here works for you. It might be the easiest to just sell your card at face value — but depending on how many other gift cards are being sold on eBay at the same time, you might have to change this up a bit.
You can also try selling your Amazon gift card on Craigslist. Often, though, you will need to lower your asking price when selling your gift card here. For example, if you have a $100 gift card, you might have to ask for only $90 or even as low as $60 for it.
Much like with eBay, try selling it at face value first. If this method doesn’t work, then try lowering the asking price until someone offers to buy it. You might have to wait a while for this to happen, as selling on Craigslist can be either very easy or very time-consuming.
Finally, we have our last method on how to cash Amazon gift cards. However, we should note that this last option should only be used if every other option on this list didn’t work for you.
If you’ve had trouble exchanging your gift card elsewhere, you can always try using gift card reseller apps or websites. However, many of these apps or websites aren’t completely secure. As a result, you should always be very wary of using these sites.
Some people do have great success using these sites — but others don’t. So, just know this before ever using this option!
These sites and apps basically say that you can send them your gift card, and then they’ll send you money in exchange for it.
Amazon doesn’t easily allow you to exchange your gift card for cash. However, you can try to do this by offering to buy your family items on Amazon and receive cash in return, exchanging the card on Reddit, selling the card on eBay, or selling the card on Craigslist.
Welcome to CompanyScouts! I am Jake, the founder of CompanyScouts. I hold an Msc in Economics and Business Administration. With a deep interest in the consumer segment, I strive to help people get to know their favorite companies even better.