Friday, July 02, 2010

Swap Your Gift Cards For Cash

Looking for extra money? Look no further than your unspent gift cards. “The average household has about $300 in unspent gift cards in their house," says Gary Briggs, chief executive of Plastic Jungle. Kiplinger.com shows you how to dump the gift cards you aren’t using and get your hands on the always-useful cash.

Websites like Plastic Jungle, which lets you buy, sell, exchange or donate unused gift cards, are popping up everywhere. You probably will not get the full value of your card, but some cash in hand is better than a piece of plastic you won’t use. Even better, some websites offer free shipping when you sell a card.

So, use this long holiday weekend to round up all your old gift cards. Odds are, you’ve got more money lying around than you think!