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You are here: Home / Banking And Finance / How To Cash Out American Express Gift Card

How To Cash Out American Express Gift Card

November 25, 2021 by Martins Leave a Comment

How To Cash Out American Express Gift Card

Cashing out an American Express gift card has no direct way of getting it done, and it is also impossible for you to return an American Express gift card for use at an ATM or for cash. All of these are stated in the American Express gift card terms and conditions, and this piece of information has also been confirmed by the American Express gift card customer representatives. How to cash out American Express gift card is what this post will talk about today.

Gift cards are considered as thoughtful and kind gifts from a person, and anyone who sends you a gift card sent it to you so you can probably shop for an item yourself. One question that is being asked frequently about gift cards is what do you need to do if you want to swap the gift card for cash instead. Honestly, it will require a little bit of creativity for you to be able to pull this off, but there are ways to get cash for your gift cards.

Where To Make Use Of Gift Cards

Making purchases remains the best and easiest way anybody can get full value of a gift card, and you can make use of your gift card at retail and online stores anywhere people accept the use of gift cards. You cannot make use of gift cards at ATM’s or for paying recurring bills, but gift cards were strictly designed for the purpose of making a purchase.

Truthfully, there are alternative ways that you can consider getting money from a gift card. This means there is a workaround that could help you get money since it is impossible to get physical cash directly from a gift card, and these options are what we will be discussing in this interesting post. One of the easiest ways to get physical cash from an American Express gift card is by selling the gift card.

How To Cash Out American Express Gift Card

How To Cash Out American Express Gift Card

Selling Gift Card

There are online market places and stores that will trade your gift card and give you physical cash, but you should have it in mind that the full value of the gift card you want to trade won’t be given to you. If there is no other way you intend making use of the gift card then you should consider trading the gift card for money through an online marketplace or store, and so many online stores will pay you from fifty percent to ninety percent. Never in full.

Money Orders

Purchasing a money order using an American Express gift card is very possible, and you can go ahead and redeem this money order for cash with ease. Walmart stores, Western Union, and United States Postal Services are people who accept money orders sometimes, but there will be a fee you have to pay for when cashing or purchasing a money order. This fee might cost anywhere between five to ten dollars.

Ask For A Refund

Another easy way you can get cash for your gift card is when you ask for a refund, but this can be possible if you are the one that purchased the gift card. There are certain terms and conditions that needs to be adhered to if you intend asking for a gift card refund, and you can also check through the card holder agreement for more clarity and details.

Add American Express Gift Card To A Digital Wallet

If you use Apple Pay, Samsung Pay, and Google Pay regularly then you can consider adding your gift card to your digital wallet for making purchases. You can do this by opening the wallet application on your phone where you will have to enter the card number or taking a picture of the plastic card.

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