The Ins and Outs of the Best Buy Gift Card Exchange
Did you use your Best Buy gift card for one purchase, and now you don’t know how to spend the remaining funds? One of the options is to exchange your gift card for cash.
Best Buy offers three types of gift cards:
- Physical gift cards
- Digital (eGift) gift cards
- Corporate gift cards
For selected customers, the company provides promotional gift cards for free.
Best Buy gift cards come in amounts between $5 and $500. There is no purchase fee or expiration date. You can use your gift card for shopping online on the official Best Buy website or for in-store purchases in any U.S. and Puerto Rico retail location.
Whether you have a Best Buy gift card or one of the third-party gift cards they sell, the company does not allow:
- Returning cards for cash
- Redeeming half-used gift cards for cash (unless required by law)
- Buy items at Best Buy and return them for cash
- Purchase items at Best Buy and sell them
- List your gift card on an eMarketplace
- Use Reddit
- Ask a friend or family member to buy it from you
- Use a reseller website to sell the card
- Locate a Coinstar exchange kiosk
You can use your gift card to buy products online or in-store and return them later for the cash value. Try not to overdo it, though! Buying and returning too many products may cause suspicion.
While it can be risky, reselling items can bring you more money than expected. Use your gift card to buy items at Best Buy and sell them online or to your friends and acquaintances.
By listing your Best Buy gift card on an eMarketplace, you can get more money than it’s worth. Craigslist and eBay are the best online options, but you can also list your card on the Facebook marketplace.
There is a gift card exchange subreddit where you can list your Best Buy card and exchange it for money or another gift card. While on the website, you can also check other people’s experiences and recommendations regarding the gift cards from Best Buy and other places.
You may not need anything from Best Buy, but there must be someone who does. Ask your friends or family members if they want to buy the gift card from you or use it and repay you in cash.
Many websites specialize in gift card resale. Even though Best Buy does not allow it officially, you can sell your gift card on one of those websites. Keep in mind that there are certain risks, and do thorough research to avoid getting scammed.
One of the safest ways to exchange your gift card for cash is to use an exchange kiosk, and Coinstar has a lot of them throughout the states. Note that this method works only if you have a physical gift card.
If all of the above-mentioned options seem too confusing, you should rely on DoNotPay! Our fantastic product will help you convert the remaining balance from your used gift card into cash in a few clicks.
Follow these steps to get your cash back:
- Register for DoNotPay
- Locate the Gift Card Cash Back feature
- Enter the required gift card information, such as the number of the gift card, your remaining balance, and the name of the company
We’ll check the company’s cash back policy and whether they have a branch in one of the states where returning the leftover money from gift cards is required by law. You can expect your cash within 14 business days after we’ve sent the request to the company.
If you have other used gift cards you want to redeem for cash, we’ll help you find out how much money you have left on them and file a cash back request in no time. Here are some of the companies DoNotPay can help you with:
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