Money

11 States Where Stores Are Required to Give You Cash for Your Gift Card

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You need to know how to get cash for gift cards if you’ve got a stockpile of leftover cards that only have a few dollars and cents worth of credit. After all, there’s nothing worse than holding onto a Walmart gift card with $1.05 left on it and consistently forgetting to use it. 

The good news is you can get cash for gift cards depending on where you live. While many stores have policies that prevent shoppers from cashing in their gift cards, some states require companies to give you the value of the card if it’s worth less than a specified amount. Check out 11 states that have such a policy:

  • California: Cards worth less than $10 can be redeemed for cash.
  • Colorado: Cards worth less than $5 can be redeemed for cash.
  • Connecticut: Cards worth less than $3 can be redeemed for cash. 
  • Maine: There are some exceptions, but cards worth less than $5 can be redeemed for cash.
  • Massachusetts: If your card cannot be reloaded and you’ve used at least 90 percent of its face value, you can redeem the remaining value for cash. If your card can be reloaded, you can redeem the remaining value for cash if it’s less than $5.  
  • Montana: Cards worth less than $5 can be redeemed for cash only if their original value was more than $5. 
  • New Jersey: Cards worth less than $5 can be redeemed for cash.
  • Oregon: Cards worth less than $5 can be redeemed for cash only if it’s been used for at least one prior transaction. 
  • Puerto Rico: Cards worth less than $5 can be redeemed for cash.
  • Rhode Island: Cards worth less than $1 can be redeemed for cash.
  • Vermont: Cards worth less than $1 can be redeemed for cash.
  • Washington: Cards worth less than $5 can be redeemed for cash.

While it might not seem worth the hassle of redeeming your gift card for the aforementioned $1.05, just imagine how much you can add to your total if you cashed in all the leftover gift cards you have floating around the house. Then, you can buy yourself something nice!

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