how to turn a walmart gift card into cash

3 min read 07-02-2025

how to turn a walmart gift card into cash

Meta Description: Stuck with a Walmart gift card you don't want to use? Learn the best ways to turn your Walmart gift card into cash, from online marketplaces to in-person options. We compare fees, safety, and speed to help you choose the best method. Get the most out of your unwanted gift card today!

Understanding Your Options: Cashing Out Your Walmart Gift Card

Receiving a Walmart gift card is a thoughtful gesture, but what if you prefer cold, hard cash? Luckily, there are several ways to convert your Walmart gift card balance into usable funds. This guide explores the most popular methods, comparing their pros and cons to help you make the informed decision.

Online Marketplaces: The Easiest Way to Sell Your Walmart Gift Card

Online marketplaces offer a convenient way to sell your gift cards, including Walmart cards. These platforms connect buyers and sellers, facilitating a quick transaction.

Popular Online Marketplaces

Raise: Raise is a reputable marketplace with a user-friendly interface. You'll list your gift card, and Raise takes a small percentage fee upon successful sale. The process is typically quick and secure.
Cardpool: Similar to Raise, Cardpool allows you to sell various gift cards, including Walmart. They also charge a fee, but it's often competitive with other services. Review their fee structure before listing your card.
Gift Card Granny: This site compares offers from multiple buyers to help you get the best price for your gift card. They boast a wide network, potentially yielding higher returns than other platforms.

Important Note: Always research the reputation of any online marketplace before using it. Check reviews and ensure they have security measures to protect you from scams.

Selling Your Walmart Gift Card on Online Marketplaces: A Step-by-Step Guide

Choose a reputable marketplace: Research and select a platform with positive user reviews and robust security.
Create an account: Sign up and verify your identity. This usually involves providing basic personal information.
List your gift card: Enter the gift card's details, including the balance, and set a price. Account for platform fees when determining your price.
Wait for a buyer: Once listed, potential buyers will browse your card. The sale process usually takes a few days to a week.
Receive payment: After the sale is complete, the platform will deposit the funds into your chosen account. You'll usually receive payment via PayPal or direct deposit.

In-Person Options: Trading Your Walmart Gift Card for Cash

While online marketplaces offer convenience, some prefer the immediate gratification of in-person transactions. However, options are limited compared to online solutions.

Pawn Shops and Discount Stores

Some pawn shops or discount stores might offer to buy your Walmart gift card, though often at a significantly discounted rate. This is usually a last resort due to lower payouts. Expect a lower payout compared to online options. It’s crucial to compare offers before making a decision.

Factors to Consider When Choosing a Method

Fees: Online marketplaces typically charge a percentage fee, while in-person options often offer less for your card.
Speed: Online sales may take a few days, while in-person trades are immediate.
Safety: Reputable online marketplaces offer buyer protection, minimizing risk. In-person transactions carry higher risk, especially if dealing with unfamiliar individuals.
Payout: Online platforms usually offer a better payout than in-person options.

Avoiding Scams: Protecting Yourself When Selling Your Walmart Gift Card

Scams are a reality in the gift card resale market. To protect yourself:

Use reputable platforms: Stick to established online marketplaces with positive reviews and security measures.
Avoid unsolicited offers: Be wary of individuals contacting you directly with unusually high offers.
Verify buyer authenticity: Check user reviews and ratings on online marketplaces before completing a transaction.
Never share your gift card PIN until after payment is received.

Conclusion: Maximizing Your Walmart Gift Card's Value

Turning your unwanted Walmart gift card into cash is achievable through various methods. Online marketplaces generally offer the best combination of speed, safety, and payout. While in-person options exist, they often come with lower returns and higher risks. By carefully comparing your options and prioritizing security, you can efficiently convert your gift card into usable funds. Remember to prioritize reputable platforms and always be cautious of potential scams.