Instant Cash for Gift Cards: Your Complete Guide In 2025

Picture this: You’ve got a stack of gift cards collecting dust — maybe from retailers you don’t frequent or holiday gifts that never quite fit your tastes. Here is the good news: You can convert these gift cards into instant cash through various methods, including via an apps like Beem.

Let’s explore how to get instant cash for gift cards.

Why Convert Gift Cards into Cash?

Gift cards are helpful but don’t always meet your needs. Converting them into cash gives you greater financial flexibility, allowing you to use the money where it’s most beneficial instead of wasting it.

Unlocking Unused Value

Each year, billions of dollars in gift card balances go unused. Instead of letting them sit in a drawer, you can sell them for cash and make the most of their monetary worth. Turning unused gift cards into money allows you to gain more flexibility and avoid wasting valuable funds.

Addressing Immediate Financial Needs

A quick gift card sale can help cover unexpected bills, groceries, or other urgent expenses. Since cash is more versatile than store credit, converting your gift cards allows you to use the money where you need it most, ensuring financial stability during tight situations.

Avoiding Wasted Expiration

While many gift cards no longer carry expiration dates, certain promotional or specialty cards might. By converting them into cash early, you can avoid the risk of diminishing balances, inactivity fees, or lost value over time, ensuring you get the maximum benefit.

Best Ways to Get Instant Cash for Gift Cards

Below are the top methods for converting gift cards to quick cash. Choose the option that fits your preferred speed, location, and payout style.

1. In-Person Gift Card Exchange Kiosks

Gift card exchange kiosks offer a fast and convenient way to turn unwanted gift cards into cash. Located in select grocery stores and malls, these self-service machines provide instant offers, making them an excellent option for those needing quick access to money.

How It Works

Found in select grocery stores and malls, these kiosks (e.g., GiftCard Exchange) let you scan your card, receive an instant offer, and print a voucher for in-store or register cash. It’s a quick, hassle-free way to liquidate gift cards.

Pros & Cons

• Pros: One significant advantage is the instant payout, eliminating delays from shipping or bank transfers. The process is entirely automated with no human intervention, ensuring quick and efficient transactions that are convenient and straightforward for converting gift cards to cash.
• Cons: A significant drawback is that payout rates tend to be lower than those offered by online platforms, usually ranging between 60% and 80% of the card’s face value. Moreover, kiosks are available only in select regions and stores.

2. Local Buy/Sell/Trade Stores

Local stores can be an excellent option for those looking for a fast, in-person way to exchange gift cards for cash. Pawn shops, gaming stores, and check-cashing outlets often buy gift cards at a discount, offering instant payouts.

How It Works

Local stores, such as pawn shops or specialized retailers, buy your gift cards at a discounted rate and pay you immediately. They verify the card balance online or by phone before making an offer, ensuring a smooth and reliable transaction.

Pros & Cons

• Pros: One significant benefit is receiving immediate cash in hand, eliminating any waiting time for shipping or bank transfers. This face-to-face transaction reduces risk and offers a hassle-free method to convert gift cards into cash quickly.
• Cons: A notable drawback is that payout percentages vary widely among local stores. Rates can differ significantly between locations, so it’s wise to call ahead and compare offers to ensure you get the best deal for your gift card.

Also Read: Are Gift Cards the Future of Cross-Border Payments?

3. Online Gift Card Exchange Platforms

For those seeking competitive payouts and convenience, online platforms offer a great way to sell gift cards. Websites like Raise, CardCash, and Gift Card Granny allow you to exchange gift cards for cash from the comfort of your home.

Key Sites

Platforms like Raise, CardCash, and Gift Card Granny specialize in buying and reselling gift cards. These sites offer competitive rates and allow you to sell unwanted cards online, making it a convenient and accessible option for many sellers.

How It Works

To sell a gift card, enter details like the retailer and balance to receive an instant offer. Depending on the platform, you may need to mail the physical card or provide the digital code. Payments are typically processed via PayPal or direct deposit within 24–48 hours.

Pros & Cons

• Pros: These platforms often offer better payouts than kiosks or local buy/sell stores, maximizing the value of your gift card. Since you can compare multiple offers, you have more control over how much you receive.
• Cons: Although convenient, payments are not immediate. Most platforms require one to two days for processing, so this option may not be ideal if you need instant cash. Additionally, some platforms may charge small fees that reduce your final payout.

4. Beem: Convert Gift Cards to Cash Quickly

Beem offers a seamless digital solution for those seeking a fast and convenient way to exchange gift cards for cash. While primarily known for micro-loans and cash advances, Beem may support gift card exchanges in select regions.

Beem is a financial app that provides rapid cash solutions. Some versions of upcoming features may allow users to convert gift cards into cash, offering a quick payout depending on availability.

How It Works

Enter your gift card details (brand, balance) into the Beem app. If Beem supports that retailer, you’ll see an instant cash offer. Accept the offer, and funds will be sent directly to your linked bank account or debit card.

Pros & Cons

• Pros: If your bank is compatible with Beem’s system, you can receive funds almost instantly. It makes it convenient for those needing quick cash access without long processing times. All transactions are completed within the Beem app, removing the hassle of visiting kiosks or stores. It allows users to sell gift cards from anywhere, making the process more efficient and time-saving.
• Cons: Beem may not support all gift card brands, which could limit your ability to exchange certain cards. Checking availability beforehand ensures you can successfully convert your gift card into cash. You may not receive the full face value of your gift card, as Beem, like other exchange services, typically offers a discounted rate. This trade-off ensures a quick and hassle-free transaction.

5. Peer-to-Peer Marketplaces & Social Media

Selling gift cards through peer-to-peer platforms offers flexibility and control over pricing. By listing your card and negotiating with buyers, you may receive a higher payout than automated exchange services, making this a profitable option for in-demand retailers.

Platforms like Facebook Marketplace, Reddit gift card exchange threads, and local buy/sell groups allow you to connect directly with buyers. These options provide more room for negotiation and often help sellers get closer to the card’s value than instant exchange sites.

How It Works

First, list your gift card for sale at a slightly discounted price to attract buyers. Once you agree on a deal, confirm the payment through cash or a secure digital method before sharing the gift card’s digital code or physically delivering it.

Pros & Cons

• Pros: The ability to negotiate means you can sell your card for a higher percentage of its original value. It is beneficial for gift cards from popular retailers, where demand is higher, and buyers are willing to pay closer to face value.
• Cons: Since transactions are handled directly between individuals, there’s a risk of scams if dealing with unverified buyers. Additionally, finding a buyer may take time, so this method is not ideal for those needing instant cash.

6. Direct Swaps with Friends or Coworkers

Direct swaps with people you know can be a hassle-free way to turn gift cards into cash. If someone shops at the store on your card, they might be willing to exchange some money for it at a slight discount.

How It Works

Instead of dealing with online marketplaces or fees, ask friends or coworkers if they shop at the store associated with your gift card. Offering a slight discount, such as $45 for a $50 card, makes it an attractive deal, and you can receive cash or a mobile payment instantly.

Pros & Cons

• Pros: This method avoids transaction fees and third-party commissions, ensuring you get the most value from your card. Plus, the process is quick and straightforward, without waiting for approvals or shipping.
• Cons: The biggest challenge is finding someone who wants the specific retailer’s gift card. If no one in your immediate network is interested, you may need to explore other selling options.

Maximizing the Value of Your Gift Cards

Planning is essential to get the highest payout when selling gift cards. Verifying balances, choosing the right timing, and comparing offers can help you maximize returns while avoiding disputes or unnecessary losses. Follow these tips to make the most of your sale.

Verify the Balance First

Always confirm your card’s balance through the retailer’s website or phone verification before selling. It ensures accuracy, prevents disputes, and guarantees the correct payout. Buyers may request proof, so having a screenshot or receipt can help build trust and avoid issues.

Choose the Right Timing

Selling your gift card during peak shopping seasons can yield higher returns. Retailers like Amazon, Walmart, and Target often see increased demand during holidays, back-to-school sales, or major events like Black Friday, making buyers willing to pay closer to full value.

Compare Offers

Different platforms and local buyers offer varying rates for gift cards. Before finalizing a sale, spend a few minutes checking multiple websites, marketplaces, or kiosk options. This simple step can lead to a significantly better deal, increasing your overall payout.

Disclose Partial Balances

Always be transparent about your card’s remaining balance. If it’s partially used, clearly state the exact amount to prevent disputes or chargebacks. Buyers appreciate honesty, and accurate listings help avoid negative reviews or canceled transactions on selling platforms.

Also Read: Is Sending Money Through Gift Cards Safe

Safety Tips & Cautions

Protecting yourself when selling gift cards is crucial. Scammers often target sellers, and hidden fees can reduce your payout. Follow these essential safety tips to ensure a smooth, secure, and profitable transaction while avoiding fraud, disputes, or unexpected costs.

Avoid Scams

Never share gift card codes before receiving payment, as scammers often disappear after obtaining the code. Stick to reputable exchange platforms or verified local buyers. If using peer-to-peer sales, insist on cash payments or secure payment methods like PayPal with buyer protection.

Keep Documentation

Always take clear photos of your gift card and transaction receipts to safeguard against disputes. If selling online, save screenshots of all communications, payment confirmations, and listing details. Having proper records helps resolve issues if a buyer claims they didn’t receive the card.

Check for Fees & Fine Print

Many platforms charge listing or processing fees, which can affect your final payout. Before committing to a sale, review all potential deductions, including shipping costs, payout percentages, and withdrawal fees, to ensure you get the best deal for your gift card.

Also Read: Exploring Gift Cards for Peer-to-Peer Payments

Most common questions asked on Instant Cash for Gift Cards 

Conclusion

You can get instant cash for gift cards through kiosks, local shops, online exchanges, or apps like Beem. Each method varies in speed, payout, and convenience. For truly instant cash, Beem or in-person kiosks provide fast payouts. Compare offers on multiple exchange sites or local buy/sell groups for the best value.

Have you tried selling gift cards using Beem or other platforms? Share your experience in the comments below! Subscribe for more money-saving hacks and financial tips. Download the Beem app here.