For example, you can take that smart speaker back to a store and turn it into a gift card. Or if you got a gift card from a coffee shop you despise, you can exchange that gift card for another card that you will actually use.
Below are tips to help you get rid of the gift you don’t want.
Give back what you can for a gift card
One of the easiest ways to deal with an unwanted gift is to simply return it. Most retail locations accept returns without a receipt, giving you a store credit (read: a gift card). You can then take that gift card and buy or sell something at the same retail location.
It is a good idea to do your research before returning an item to a store. The first thing to know is where the item was purchased. The easiest way to determine this is to ask the giver. Or if you’re worried about offending someone, just search the suspected store’s website for the item you want to return. If you can’t find it on the site, try calling the store to check if they carry it. Sometimes items are available in a few stores and never added to the site.
Walmart’s return policy for an item without a receipt is to spend a store credit on items over $ 25. Target’s policy states that customers receive a store gift card. Almost all retailers publish the return policy on their website, with a link to it usually at the bottom of every web page.
Sell the physical goods
Selling a gift is a great way to turn it into cash. Craigslist, eBay, and Amazon are all great places to consider when selling.
In case of resale selling Craigslist dos and don’ts
To sellgets your item seen by more people, which can lead to a high selling price. On the other hand, it is an auction site and depending on when your item was listed, the duration of the auction, and a host of other variables, the final sale price may be lower than you hoped for.
Before listing an item on eBay, check the dollar amount that similar auctions have earned. This will help you determine if listing your item is worthwhile. You can learn how to check the value of an item on eBay in this post
If you want to sell a gadget you don’t use, you can resell itwith relative ease. The service continues to expand and constantly add new product categories. So if you only mentioned phones the last time you checked Swappa, check the site again – laptops, wearables, phones, cameras, and video games are now included.
is another option for you to sell your item. You can quickly sign up for a free individual seller account and list your item in minutes. The allowance for selling on Amazon is determined by the item category for whatever you sell. Keep in mind that buyers come to Amazon looking for the lowest prices on the web. So if you’re hoping for a high payday, you might want to look elsewhere.
You can also always trade in an item on Amazon and you will receive a gift card to the site in return. From my trade-in experience, you’ll receive 10 to 20 percent less of what you would get if you sold the item on Craigslist, but you don’t have to hassle for it. You simply submit the item, ship it and wait for your payday. You may find that the ease of use is worth counting on your bottom line.
One advantage of selling on Craigslist through eBay or Amazon is the lack of fees. Since you do the legwork when you sell on Craigslist, you don’t have to split your earnings. With eBay, you can expect to pay fees to both eBay and PayPal (should you use this to process the payment).
Gift cards you don’t use
What do you do with a gift card that you don’t use? You sell it! You can sell any gift card to a site such asto get a percentage of face value. If you happen to receive a prepaid Visa card, you can always use a Square reader to pay for the balance yourself.
Read our complete guide to more options and services.
Donate it to charity and maybe take it off your taxes
Giving an unwanted gift is a pleasant way to get rid of the gift. Not only are you freeing up space in your closet, but you can also help someone else. Depending on what the item is, you want to find a suitable service or person to donate it to.about charity vetting to make sure your item is being used. It’s easy to get caught up in the spirit of giving and donating your item (s) to a charity that’s not so good.
It’s even possible to claim your charitable donations on your taxes, which gives an extra incentive to give away things you just don’t want. How much credit?.
Do you have some items that are perfect for the classroom? Call the local school district or library and ask if they accept donations. Receive a coat or blanket? Call your local shelters and / or churches – they all accept donations.
Ultimately, the gift you give away will cost you nothing, but it can mean a lot to someone else.
Do you have any other method of dealing with a gift that you hate? If so, share it in the comments.