Do you have any unused gift cards lying around your home? If so, you may be able to turn them into money.
You can always re-gift or give away cards that you’re not using to friends who could actually use them (always a nice gesture), but since we are talking about amassing your personal wealth, we’re going to assume you want to make some extra coin.
We’ve already talked about selling unneeded household items, but it may not have occurred to you that gift cards also have some value.
You shouldn’t necessarily expect to get full value for your cards if you plan on selling them, but there is a website called CardCash where you can get cash for your unused, unwanted gift cards.
I don’t have any personal experience with CardCash, but they do have an A+ rating with the Better Business Bureau, so I have to assume they must be reasonable to deal with.
Some money-making opportunities in the States aren’t available in Canada, and this might be one of those instances. It’s still worth a try if you are a Canadian, however, as I have not confirmed this fact.
Even so, I did manage to find a Canadian counterpart called CardSwap.ca. Again, I don’t have any personal experience with this particular site, but it may be worth a try. The good news is that there are Canadian services that do the same thing as CardCash.
It isn’t terribly likely that you’re going to strike it rich by selling gift cards, but you can put a little bit of money back in your pocket by doing so. If you are particularly entrepreneurial, you might be able to collect cards from friends and sell them off for some extra money too. It all depends on how much they want to hold on to gift cards they haven’t used.
I have to assume that some people couldn’t really be bothered, as most gift cards aren’t worth that much. If it hasn’t been used in over three to six months, it probably isn’t going to see any action at all. See if you can convince a few friends to give you their cards. If you have to strike a deal, offer to give them a certain percentage of profit.
So, ultimately, this is just another way to make a little money. I wouldn’t recommend starting an entire operation around it, but putting some change back in your wallet or purse is always helpful.