Are you the proud owner of a Walmart gift card? Well, you can shop for all your heart desires at one of the world's largest retail giants. But what if we told you there's a secret hack that can turn that Walmart gift card into cold, hard cash? Read on to learn how to get cash back from a Walmart gift card.
Walmart has become a go-to destination for many products and services. Alongside its extensive offerings, Walmart also provides customers with the convenience of gift cards. These cards allow individuals to shop for their desired items or share the joy of gifting with others.
However, circumstances may arise where the need for cash becomes paramount. Keep reading as we explore the various methods by which you can obtain cash back from a Walmart gift card in 2023.
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Can You Get Cash Back From a Walmart Gift Card?
If you want to convert your Walmart gift card into physical cash without making any purchases, unfortunately, this may not be possible directly through Walmart. Unlike other retailers who offer cash redemption options for their gift cards, Walmart does not have an official policy for exchanging their gift cards for cash.
However, customers benefit tremendously in states like California, Colorado, Maine, Massachusetts, Montana, New Jersey, Oregon, Rhode Island, Vermont, and Washington. They can get that cashed out if they have a balance left on a gift card, up to $10.
Alternative methods and clever hacks can help you turn your Walmart gift card into real money. Stay tuned as we reveal these secrets in the upcoming sections.
How to Turn Walmart Gift Card into Cash?
If you have a Walmart gift card and need cash instead, a secret hack can help convert it into cold hard cash, although you won’t get the full amount. While Walmart doesn't offer direct cash back for gift cards, there is another way to make it happen. Here's how it works:
- Purchase an item that is slightly more expensive than the value of your Walmart gift card.
- Pay the difference with cash or another credit/debit card.
- Keep the product in the box and return it to Walmart within 14 days, and you'll get your full refund in cash.
If you decide to return an item that was initially bought using your gift card, Walmart will provide you with a refund in the form of cash or credit back onto the gift card itself.
How Does a Gift Card from Walmart Work?
When you receive a Walmart gift card, it comes with a specific amount of money pre-loaded onto it. You can use this amount for purchases at any Walmart store or on their website. Present the gift card during checkout or enter its code online.
The great thing about a Walmart gift card is that you don't have to spend the entire balance simultaneously. If there's still some value left after your purchase, it will remain on the card for future use.
Additionally, if you want to check your remaining balance or keep track of your transactions, you can easily do so by visiting Walmart's website or calling their customer service hotline.
Other Way to Get Cashback from a Walmart Gift Card
If the rules in your state say that stores have to give cash back for gift cards, you're in luck. Just head over to the customer service desk at Walmart with your gift card and let them know you'd like to turn it into cash.
But remember, a few states have a minimum amount they'll give you in cash for a gift card. The option is only available in certain states, so check before attempting it.
Can I Sell My Walmart Gift Card for Cash?
Yes, it is possible. You can explore several avenues to turn your Walmart gift card into cold hard cash.
- You can sell your Walmart gift card online through reputable third-party platforms. These platforms connect buyers and sellers of gift cards, allowing you to set your price and potentially earn some cash in return. Just make sure to choose a trustworthy platform with buyer protection policies.
- You can websites like Raise, CardCash, and Gift Card Granny, which offers the ability to exchange your unwanted Walmart gift card for cash or other retailer-specific cards. It can be a convenient way to get some value from your unused gift card.
- Also, Walmart got a Gift Card Buy Back incentive–you can trade in those gift cards you don't want for ones from different stores. And in return, you can get back as much as 95% of what those cards were originally worth.
- Additionally, you may want to consider reaching out directly to friends or family members who frequently shop at Walmart. They might be interested in purchasing your gift card from you at a discounted rate, providing both parties with a win-win situation.
Can a Walmart Gift Card Be Transferred to a Cash App?
A Walmart gift card can be transferred to a Cash App balance. You’ll need to find your Walmart gift card pin. It can usually be found on the back of the card or your receipt if you purchased it recently. Once you have the pin, you'll also need the three-digit CVV code from the back of the card.
With those two pieces of information, you can transfer your Walmart gift card balance to your Cash App account. To do so, open Cash App and enter your gift card information when prompted. Once the funds have been transferred, you can use them like any other cash balance.
Can I Exchange My Walmart Gift Card for a Visa Gift Card?
No, you cannot exchange a Walmart gift card for a Visa gift card. However, you can trade your Walmart gift card for a Visa prepaid card through the Cardpool website. Cardpool is a reputable gift card exchange company that gives you cash for unwanted gift cards.
Conclusion
Individuals can easily convert their gift card funds into cash only if the state requires stores to do so. However, it is essential to note that certain restrictions may apply, and reviewing the terms and conditions specific to each Walmart location is beneficial.
Alternatively, you can use third-party options to get the cash. With these approaches, customers can make the most of their gift card value and enjoy using their funds as they see fit.