More Penny Pinching: Gift Cards around the house

We all have them, gift cards around the house that you just haven’t had the chance to use or make it by the store to buy something with.  Inevitably, if you are reading this blog, you treat these cards like gold when in reality they are more like coal.  That and if you are penny pincher you inevitably will lose one of them in the pursuit of the “best deal” to use the cards on.  I am going to make a concerted effort to get rid of my left over gift cards and store credits. 

I’m currently looking into quotes to get rid of some gift cards I have laying around, looking into http://www.thegiftcardswap.com .  The deal is that they will pay you cash for your gift cards.  If you can get 80% cash quickly, IMO that is a good payout for very little effort.  There are other sites but they are auction based and it seems like a lot of effort for small amounts.

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4 Responses to “More Penny Pinching: Gift Cards around the house”


  1. 1 thepennypincher October 23, 2008 at 3:01 am

    I sometimes wonder why people give gift cards. Wouldn’t it be easier to just give cash? Does the 10 seconds it take to buy a gift card make it a more meaningful gift? Also, I heard of cases where gift cards had conditions attached to them making it difficult for consumers to actually use them to buy something at the store.

  2. 2 thecheapskate October 23, 2008 at 4:16 am

    I couldn’t agree more. Generally I think there is nothing less personal then a gift card as a gift – unless it is for some specific purpose – i.e. a gift card to a travel store before a person goes on a trip. Gift cards seem to be a replacement for a personal greeting card.

    The main thing that seems to differ from state to state is the rules regarding use and gift cards expiring. In CA, it’s illegal as they are cash equivelents – but I my experience in GA or TX is that they can expire. I’ve never had any trouble using them though.

    Thanks for the comment, hope you continue to read.

  3. 3 Dow Jones Sustainability Index April 4, 2015 at 3:56 am

    Thank you for the auspicious writeup. It actually was a entertainment account it.
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  4. 4 james May 1, 2016 at 4:04 am

    I was hoping at least one of these 3 comments would be a review from someone that’s actually used the site…. :-\

    Giftcardzen actually works, but it takes 2-3 weeks. OP’s site claims 1 business day


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