Whether you have a stack of unused gift cards lying in a drawer somewhere or you’re looking to save some money on upcoming purchases, a gift card exchange could be the answer. Giving sellers a way to get cash for unwanted plastic and offering buyers discounted gift cards from top retailers, the right exchange can take pressure off your budget in more ways than one, while helping you gift better gifts for any occasion. We clearly have a big need for such services, considering that more than $21 billion in gift cards has gone unused since 2008, according to CEB, despite gift cards remaining the country’s most popular type of present, according to the National Retail Federation.
But how does one choose a gift card exchange? That’s an important question given the dollars and cents at stake, so we did the homework for you. WalletHub’s editors compared the most popular