Monday 12 November 2018

How to convert gift card to cash?

There was a time when the idea of a gift card was considered to be thoughtless and mechanical. But in the last few years with the sudden upsurge in mall culture, shopping has become an integral part of those living in urban areas. Due to the countless number of e-commerce shopping websites, Indians have become very brand conscious nowadays. Most of these brands offer the option of gifting a gift card to your loved ones of certain monetary values.

It might sometimes happen that you get a gift voucher from a particular brand that you do not wish to shop from. Or you might feel that in the last few weeks you have indulged in a lot of frivolous shopping and now the time has come to reinitiate the process of saving, therefore, money would seem like a better option than gift cards. Then there is a way in which you can monetarily benefit from all those gift cards that are lying around in your cabinet drawer.

You Can Sell Your Gift Card

There are a few websites, which buy gift cards and you get back to cash in return. If you are the owner of a digital gift card then the chances are that they would be bought immediately. If you have a physical gift card then you have to make it a point to get it shipped to the buyer. In India, you can sell your gift voucher on NAFA, Woohoo, and Zingoy. In order to sell your gift card, you simply need to sign up on the said website and add your mobile number details. The gift voucher once sold, the amount will be transferred to your bank account.

Customers who come to buy gift cards online can now either redeem the card amount online or at the offline store. Woohoo, for example, has more than 150 brands and around 5,000 store portals where customers can easily shop from.

Another way of selling your gift card is by trading it to your friend for cash. Find a friend who might be interested, meet up with them and get your business transaction under process.

Make use of your unused gift card. If you are stuck with too many gift cards and are fed up with shopping, you can make better use of your unused gift vouchers and invest in savings with the money that you get back in return.

No comments:

Post a Comment