The holidays have come and gone, but many of us are left with gifts and gift cards that we really can’t use. Perhaps you received a gift card for Tim Horton’s, but you’ve decided to give up coffee for 2017? Or you may have received an unflattering sweater from your dear aunt, but you don’t have the heart to insult her. There are many options for getting rid of unwanted gifts and gift cards. Read further for our suggestions.
Gift cards are great for the giver because they are so convenient. Recipients of gift cards, however, may find they walk around with unwanted gift cards in their handbags all year long. CardSwap.ca is a company that will give you cash for your gift card. It’s pretty simple. Go to their site and enter the company name and the amount of the gift card (gift cards must be at least $25). CardSwap.ca will quote a cash amount for your card. Mail your gift card to CardSwap.ca using their prepaid shipping label and they will send you a cheque within two business days of receiving your gift card.
If you have a gift you want to trade, check out Bunz, which is a community for exchanging goods and services. Create a post on Bunz with a photo and details of the item you want to exchange and then wait for other “Buns” to offer you a good in exchange. Meet in person to exchange goods. No money can be exchanged on Bunz.
Regifting gifts is not a bad idea, but you must make sure that you regift your gift to someone who is removed from the original giver. You don’t want the person who gave you the gift to find out that you have regifted their gift to someone else. Regifting could pose a problem if the new recipient wants to return your gift since you may or may not have the original gift receipt.
Donating Your Gift Card to Charity
Donating your gift card to charity is a wonderful idea. Many charities will give you a tax receipt for the value of the gift card. Contact your favourite charity to find out their policy on gift cards.
Sell Your Gift Online
You can always sell your unwanted gift on Kijiji or Craig’s List. Always take precautions when you are selling items online such as meeting at a public space.
I was happy to learn about CardSwap.ca and how they will give you cash for unwanted gift cards.That’s awesome! Thanks for all the great tips on what to do with unwanted gifts too.
I always end up hanging on to stuff and then donating it. I don’t mind receiving a gift card though, I can usually find something I like! But I really like the idea of donating them to charities, they definitely need the stuff more than I do.
Cardswap is a neat business! I’ll have to check it out!
I have sold and bought gift cards on CardSwap.ca before!
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