Verizon Gift Card to Cash: Here's How
So you received a Verizon gift card for your birthday but you have no use for it. Don't worry, there are ways to turn that gift card into cold hard cash. You've got options beyond just re-gifting it or letting it collect dust in your wallet. Gift card exchange sites make it easy to trade in your Verizon card for cash. Why let a perfectly good gift card go to waste when you can use the funds for something you really want? In just a few simple steps, you'll be able to convert that Verizon gift card into money in your bank account or PayPal wallet. Read on to learn how to turn your unused Verizon gift card into spendable cash through secure gift card exchange sites. Before you know it, you'll be able to put that gift card money towards a bill payment, your next shopping spree, or whatever else you choose.
Why Convert Your Verizon Gift Card to Cash?
So you got a Verizon gift card and you're wondering if you can turn it into cold, hard cash. The short answer is yes, you absolutely can. Here are a few reasons why converting your Verizon gift card to cash makes sense:
It's convenient.
Carrying around a gift card means you have to keep track of it and make sure you use the full balance before it expires. Cash, on the other hand, is accepted everywhere and won't go bad.
You can spend it anywhere.
Once you convert your Verizon gift card to money, you can spend it on whatever you want, not just at Verizon stores or on Verizon products and services. The possibilities are endless!
You may get a better deal elsewhere.
Verizon isn't always the cheapest option. By turning your gift card into cash, you have the freedom to shop around at other stores or websites to find the best price on what you need. You may be able to get more bang for your buck.
You can invest the money.
If you don't have an immediate need for the cash from your Verizon gift card, you can put it to work for you. You might invest in stocks, bonds, or a high-yield savings account where the balance can grow over time through interest. Even a small amount of money has the potential to grow into a bigger sum.
Convert your Verizon gift card to cash and open yourself up to more choice and opportunity. It's a win-win!
Check the Balance on Your Verizon Gift Card
The first thing you'll want to do is check your Verizon gift card balance. This will tell you exactly how much cash you have to work with. Log in to your My Verizon account or call the number on the back of your card to get your current balance. Write this number down so you know how much you have to convert to cash.
Once you know your balance, you have a few options for turning your Verizon gift card into cold hard cash. One popular method is using a gift card exchange website like GiftCash, Cardpool or Gift Card Granny. These sites allow you to sell your unused gift cards for cash. You enter your card details including the number, balance, and PIN to get an offer. They will verify the details and purchase your card for an amount slightly less than the full balance. The cash is then deposited directly into your PayPal account or sent by check within a few business days.
Another way to convert your Verizon gift card to cash is to use a peer-to-peer marketplace like eBay, Craigslist, or Facebook Marketplace. On these sites, you can list your Verizon gift card for sale at a price you determine. Be sure to note the exact balance so buyers know how much they are getting. Once you find a willing buyer, they will pay you, often via PayPal, and you provide them with the gift card number and PIN. While convenient, selling this way does come with risks as you can’t guarantee a legitimate buyer.
Using an in-person gift card exchange kiosk is also an option. Companies like Coinstar Exchange and Gift Card Exchange offer kiosks where you can exchange your Verizon gift card for cash instantly. They will deduct a small fee, usually around 5-15% of the balance, but you get the rest of the cash value on the spot. Just enter your card’s information at the kiosk, confirm some details, and the machine will dispense your cash in seconds.
Sell Your Verizon Gift Card for Cash on Gift Card Exchange Websites
Once you have a Verizon gift card in hand, you may be wondering how to convert it into cold, hard cash. One of the easiest ways is to sell your Verizon gift card on a popular gift card exchange website. These websites allow people to buy and sell unused gift cards, and many offer competitive rates for popular cards like Verizon.
GiftCardGranny
One of the most well-known sites is GiftCardGranny. Here you can compare offers from various verified buyers and choose the one that offers you the highest percentage of the card’s value. Most buyers will offer between 70-90% of the total, depending on the demand for Verizon cards. To sell your card, you simply enter the card number and PIN or scratch-off the silver strip to reveal the security code. GiftCardGranny will verify the balance before the exchange is complete. Payment is issued quickly via direct deposit, PayPal, or mailed check.
CardCash
CardCash is another reputable site where you can sell Verizon gift cards for cash. They also compare offers from multiple buyers and guarantee at least 70% of the card’s value. The process is very similar - provide the card details, they verify the balance, a buyer purchases your card, and you get paid. One benefit of CardCash is that they often have promotional offers for extra money or percentage points on your sale.
Raise
On Raise.com, you can set your own asking price for a Verizon gift card and buyers can either purchase it immediately or submit an offer. Raise does charge a small commission on sales, but you have more control over the final selling price. They take security very seriously and also guarantee your card balance before completing a transaction. Payment is issued quickly through direct deposit or mailed check.
Selling an unused Verizon gift card on a reputable gift card exchange website is an easy way to turn your gift into cash at a competitive rate. Make sure to compare offers on a couple different sites to get the best overall deal. Once you accept an offer, you'll receive payment in just a few short days and your card balance will be transferred to the buyer.
Trade in Your Verizon Gift Card for Another Gift Card
One popular way to convert your Verizon gift card into cash is by trading it in for a gift card you’ll actually use. Websites like GiftCash and CardCash allow you to trade in your Verizon gift card for a gift card to hundreds of popular stores, including Amazon, Walmart, Target, and many more.
How It Works
Trading in your Verizon gift card is simple. Here are the basic steps:
Go to the website GiftoCash.com and enter the details of your Verizon gift card, including the card number, PIN code (if applicable), and balance.
Browse the list of available gift cards you can trade your Verizon card for. Some options include:
• Amazon gift cards - always useful and can be used to buy almost anything.
• Walmart gift cards - great for groceries, household items, and more.
• Restaurant gift cards - trade for cards to your favorite restaurants like Starbucks, Chipotle, Panera, etc.
Choose the gift card you want and complete the trade. Most gift card exchanges are completed instantly. The money from your Verizon gift card will be loaded directly onto the new gift card.
Use your new gift card immediately for shopping, dining or however you choose. The card will function just like any other gift card.
Trading in a gift card is a simple, convenient way to get value from a gift card you likely won’t use otherwise. While you typically won’t get the full card value, you can usually get 70-90% of the remaining balance in the form of a new gift card that you will actually use.
Not bad for a card that would otherwise just sit around unused! Give trading in your Verizon gift card a try—you have nothing to lose and more useful value to gain.
FAQ: Convert Verizon Gift Card to Cash
Verizon gift cards are popular gifts, but what if you're given one and would rather have the cash? Don't worry, you have options for converting your Verizon gift card to cash. Here are some frequently asked questions about how to turn your Verizon card into cold hard cash:
Can I sell my Verizon gift card online?
Yes, selling your Verizon gift card on a gift card exchange site is a great way to convert it to cash. Sites like GiftCash, CardCash, and GiftCardGranny allow you to sell your gift card for a percentage of the balance. You can often get 70-90% of the card value. The site will verify the balance and then either send you cash/PayPal payment or a check for the amount.
Will stores refund a Verizon gift card for cash?
Unfortunately, Verizon and most major retailers will not directly refund a gift card for cash. Gift cards are meant to be used to make purchases, not exchanged for money. Some stores may allow you to return merchandise you bought with a gift card and get cash, but the gift card balance itself typically cannot be refunded.
Can I transfer a Verizon gift card balance to my own account?
If the Verizon gift card was given to you, you can call Verizon customer service and ask to transfer the balance to your own Verizon phone account. The funds will be applied as a bill credit to offset charges on your next bill. This only works if you have an active Verizon wireless or Fios home phone/internet account. If the card was not given to you specifically, Verizon will not allow you to transfer the balance.
Will Verizon waive any remaining balance on an old gift card?
Verizon gift cards do not expire and any unused balance will remain on the card indefinitely. However, if you have had an unused Verizon gift card for an extended time, you can call Verizon customer service and ask if they will waive the remaining balance. Some companies will waive small unused balances on very old gift cards as a courtesy, especially if you are a long-time customer. But there is no guarantee Verizon will waive the balance, so you may still need to use or sell the card.
Conclusion
And there you have it, a few simple steps to turn that Verizon gift card into cold hard cash. No need to let it collect dust in your wallet or get lost in a drawer somewhere. Now you've got the know-how to make the most of your gift card and use the funds for whatever you need. Whether it's paying a bill, buying groceries, or saving up for something special, every little bit helps. Gift cards are meant to be used, not forgotten about. So go ahead, log on to Giftocash, enter your gift card details and get ready to see that balance turn into spendable money in your bank account. Feels good, doesn't it? Now get out there and put that extra cash to good use! You've earned it.