You might be wondering: Can I convert Target gift card to cash?The answer isn’t straightforward, but there are multiple legal and practical ways to turn that gift card into spendable money.
Moreover, You can also check your balance on MyBalanceNow Visa , which is the official site for managing Target gift cards.
In this guide, we’ll explore the various methods, their pros and cons, and tips to maximize your card’s value.
Can You Convert Target Gift Card to Cash?
If you’ve ever received a Target gift card but wished for the equivalent in cash, you’re not alone. The good news is that while Target’s official policy doesn’t allow direct cash redemption, there are still several ways to convert it into spendable money.
From selling it online to trading it for another card or even using it for essential expenses, you have options. You may also be eligible for cash redemption in certain states with consumer-friendly gift card laws. Let’s explore these methods in detail.
Next, let’s review Target’s official policies regarding gift card redemption.
Understanding Target’s Gift Card Policies
Target’s gift card policies outline what you can and cannot when question arise in your mind “Can I convert Target gift card to cash?” . While they generally prohibit cash redemption, there are exceptions based on state laws and refunds. Let’s explore what you need to know.
What Does Target Allow?
Target gift cards are non-refundable and non-redeemable for cash, according to the company’s official policy. However, there are a few exceptions:
- State-mandated cash redemption: In certain U.S. states, retailers are required by law to provide cash back if the remaining balance is below a specific threshold (e.g., $10 in California).
- Refunds on returns: If you return an item purchased with a gift card, the refund is typically reissued to a gift card, not in cash.
Tip: Check your state’s laws to see if you qualify for cash redemption.
Next, let’s dive into the most effective ways to convert your Target gift card into cash.
Methods to Convert Target Gift Card to Cash
There are several practical ways to answer “Can I convert Target gift card to cash?” . Whether you opt for online platforms, private sales, or creative spending strategies, you can find a solution that fits your needs.
1. Sell Your Gift Card Online
One of the most popular ways to convert a Target gift card into cash is by selling it online. Several platforms allow you to list or sell unwanted gift cards.
Popular Gift Card Exchange Websites
| Platform | Payout Percentage | Payment Methods |
| CardCash | 80% – 92% of card value | PayPal, ACH, Check |
| Raise | Set your own price | Direct deposit, PayPal |
| Gift Card Granny | Varies | Cash, PayPal, or trade |
Pro Tip: To maximize your profit, compare offers on multiple platforms before selling.
2. Trade It for Another Gift Card
If you’d rather not take a loss on the exchange rate, consider trading your Target gift card for one you’ll use. Websites like Cardpool and CardCash offer trade-in options.
- Benefits: Avoid selling at a discount.
- Downside: Limited to available trade options.
3. Use a Gift Card Kiosk
Some grocery stores and retailers have gift card exchange kiosks. You insert your Target card and receive a payout offer, which you can accept or decline.
- Pros: Instant cash payout.
- Cons: Usually offers around 60-85% of the card’s value.
4. Sell It Privately
You can also sell your Target gift card directly to someone you know or through local classified platforms (e.g., Facebook Marketplace, Craigslist).
- Pros: Potentially higher payout (up to face value).
- Cons: Requires finding a trustworthy buyer.
5. Use the Card for Everyday Expenses and Save Cash
If you can’t convert the card directly into cash, use it for essential purchases like groceries or household items. This frees up your actual cash for other needs.
Example: Buy $50 worth of groceries with the gift card, leaving you with $50 in cash you would have otherwise spent.
Next, let’s examine how specific state laws allow you to redeem your Target gift card for cash.
State Laws That Allow Cash Redemption
In certain U.S. states , you have the legal right to redeem gift cards for cash if the remaining balance is below a specific threshold. Here’s how it works:
- California: If your Target gift card has $10 or less, you can request cash back.
- Colorado, Maine, and Oregon: If your card has $5 or less, you can request a cash payout.
Tip: When shopping at Target, make a small purchase to reduce your balance below the cash-out threshold, then request the remaining balance in cash.
So “Can I convert Target gift card to cash? ” , Yes it is possible in some states if you have balance below a specific threshold.
Finally, let’s summarize the key takeaways and methods you can use to convert your gift card into cash.
Key Takeaways: How to Get Cash for Your Target Gift Card
| Method | Ease of Use | Payout Rate | Turnaround Time |
| Online gift card sale | Moderate | 70-90% of value | 1-3 business days |
| Private sale | Challenging | Up to face value | Immediate (if local) |
| Gift card exchange kiosk | Easy | 60-85% of value | Immediate |
| Trade for another card | Moderate | Equal value (trade) | Varies |
| Use for expenses | Very easy | Full value (indirect) | Immediate |
Best Option: Selling online typically offers the best balance between convenience and payout.
Conclusion
So, can I convert a Target gift card to cash? The answer is yes—but with some effort. While Target’s official policy doesn’t allow direct cash redemption, you can explore online sales, trade-ins, or even state laws that mandate cash redemption.
The best method depends on your priorities: speed, payout rate, or convenience. By following the strategies in this guide, you can ensure you get the most value from your unwanted Target gift card.
