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Last Updated: 2/8/2018, this is an up to date resource describing some of the best ways to liquidate or spend down pin-enabled Visa or Mastercard gift cards which can be purchased at a variety of retailers including: office supply, drug and grocery stores.
Additionally, some credit cards pay up to 5x points/cash back at many of the stores which sell Visa or Mastercard gift cards.
Give Gifts, since the most profitable prepaid Visa or Mastercard gift cards to buy are usually in 100, 200 and 500 denominations, they tend to be too much to give as gifts. .
It is updated as new methods emerge and others go away.Taking advantage of these deals (and possibly making some money through reselling) can be a great way to liquidate prepaid Visa and Mastercard gift cards.Money Orders, photo by, patrick OBrien.Shop your favorite brands.With this service you are eligible to receive up to 12 refunds per calendar year (between January 1st and December 31st and may receive refunds of up to 30 USD per claim.Why Purchase Visa or Mastercard Gift Cards.Use Caution If you use any of these emergency methods then be very careful.EBay is also your friend when it comes to gift card deals.
With that said, there are plenty of options for liquidating or spending down the cards.
You might be surprised with how many online stores accept PayPal.
Billers like utilities who normally accept credit cards for payments, will often accept them as well.
Perhaps the most obvious way to dispose of the cards is by using them to pay your bills.By combining discount promotions and bonus points earned by using certain credit cards, buying Visa or Mastercard gift cards can be lucrative.Have you ever seen a great deal on an iPad or something else that can be sold at a profit or even breakeven?PayPal is accepted where you shop on over 75 of online merchants, from big brands to boutique sites.Sign Up for Free *Sending receiving funds requires a PayPal account.