Suze Orman TwitterSuze Orman FacebookSuze Orman YouTubeSuze Orman LinkedIn
View Blog & News List

What to Do With an Unused Gift Card

January 07, 2017 at 5:00 AM

What to Do With an Unused Gift Card

I hope your friends and family hit the bull’s eye with your gifts this holiday season. But I bet there are many of you who received a gift card (or two, or three) that you don’t have a burning desire to use. As much as you love the sentiment of the gift giver, perhaps you just don’t need-or want-anything from the particular retailer your gift-giver chose.

Before you tuck a gift card in a drawer and forget about it, consider these great gift-card options:

  • Re-Gift: Nothing wrong with that! When I help families find ways to trim their monthly spending, we always have a big talk about how much they are spending on gifts. If you have cards you don’t really want or need, re-gift throughout the year. It can end up helping you save plenty.
  • Donate Cards. Your card can become a charitable gift. If there’s a local non-profit you enjoy supporting, ask if they might have a use for a specific gift card. Or check out donating an unused card through charitygifts.org.
  • Sell It. Websites such as cardpool, raise and creditcardgranny connect you with card buyers. You won’t get full face value, but depending on the retailer you might get 90 cents on the dollar.
    If you do sell your card, I can’t help but suggest two great uses for your money: pay down your credit card balance and contribute to a Roth IRA. Those are both gifts to yourself that I guarantee you will love.

 

Tag Cloud

death benefit needs for familystudentno apologyBankruptcydon't defer interest paymentsbetter loan dealsemployer offered life insurance740 credit scoresavingsmeet monthly high premiumsInvest for savings growthpay down car loanlow-cost index mutual fundschool no sneaking in feesresponsiblepublic service loan forgiveness programAARPage appropriate goalsBank50 over 50tax ID theftraise your deductibleStock Investmentsrollovercollege graduatesocial worksmall changes 8 month safety netchildren's bookyours, mine & oursdear suze8 Rulesraise insurance deductiblebetter termsis it necessary?Sandy Hook PromiseMoneyOverspendinghome loan credit score below 740 shop online guaranteed level term policyclosing costs 2% of loanovercome financial fearssecure creditGracemax employer matched 401(k) contributionsidelinedchildren under 1820 year level term no life insurance financially irresponsiblerefinanceretain separate credit cardshome buying mistakeslower rateUrbana-Champaignloan no longer than 36monthsstaycationVeterinary Schoollife insurance name trust as beneficiaryHSA tax savingscalculate dependents annual income needsmarriage financial responsibilitytax refund fraudlong term carepresident Obamamonthly benefit Gay Couplesdental savings planstudent loan repayment19 years cash flow problemrising home pricesdangerous retirement planalternative FICO scoreconsider roth 401(k)student loan repayment planinitial tax break don't buy wants2015 financial roadmapget credit cardbalance transfer spring summer best loan deal workaholickid borrow firstget over life insurance phobiapeace of mindstay positiveis it necessarymortgage brokerdo you need life insurancedon't charge a pennycar buying mistakesadult childrencollege studentFinancialinsurance mistakehealthy retirement blood pressurefinancing car physical healthverify retirement plan with HR or plan sponsorinsurance yearly reviewnear historic lowspay down student loan debtHoliday Season2016 adjust estimated taxemployer funding HSAhome insurancemoney vowsNewtownlow mileage discountETF'sleave a legacyFinal Goodbyedon't cover cosmetic dentistryiffy incomeretirementcompare provider pricingreduce withholdingFICO credit score credit card mortgage3 bucket approachpositiveFederal Funds RateFRAbecome member Conventional loan PMIoverspend on nights outlow down paymentreferrals Heart10 year repayment plan compare monthly expensesclosing disclosureForeclosurecommunity bankteensCommencementinterest on student loanscontribute household expenses 401Kretirement planfinancial goal phrasethree year car loanFinancial Systemcouple financesFinancial Advice4 Must Have Documents Jose Rodriguezpermanent life insuranceFICO Scoregay marriage ban end Florida LTCraise deductiblesHDHP/HSAavoid burn outtake action2017 Taxesunexpected expensecharges on credit cardWashingtongrandparent IRA contribution best interest ratesis it kind?high credit score discountcredit utilization rateStaffords this year have a fixed 6.8% interest ratepublic service career student loan repayment teens and moneyburn outcut monthly cellular billbuy homeTelepicturesYoung Adult earn allowancemortgage disclosurefocus on new truth Holiday Shoppingpay credit debt ASAPage appropriate chorewomen outlive menzero rate transfer dealspreexisting condition not coveredfederal student loan deferment Credit Card Interest Ratehighest possible benefitAccuQuote.comget the most out of social security protect loved ones Gifts401(k) Contributionsback door Roth IRAprotect and provide for minor child gift up to 14,000annual cost of living adjustmentSandy Hook Elementary Schoollousy investmentstore credit cardsdebtLTCi ASAPcostly insurance mistakerequire chore in exchange for allowancecredit union6 month waiting periodadd teenFHA loan feesdebt freedon't extend mortgage home budget after tax costdon't blow tax refundCredit Card Rate Increasewives should be involved in retirementmobile appGay Rights!00% tuition paid20 to 25 times annual incomeLong Term Care Insurance financial concernfull retirement agefamily save at least $100 monthlynot gender specific Financial Solutions For You20% down payment avoid feesrequired disclosuredoctor no longer in networkSchool of Social Workschedule vacationPrime Rate Rise 2015cost of capitalization calculatorHDHP'sat worst still pay 75% benefitone credit cardCivil Rightsstandard deduction verify wellness screening and programspercentage men widowed 75-8410% donate to charityhigh FICO scoreholiday spendingPBS Specialpercentage of women widowed 75-84ignore 6 month grace period Easy Life Insurance 20% down paymentUS Tax Codeconfidenthigher insurance deductibleis it true? same sex marriage band end Floridagrandchild summer job IRA contributionface your financial fearspecial saving accountLovekids schedule paymentsHDHP Financial Cliffemergency fund Money-SavingBeautyaffordable premiumco-sign InfluentialsRetirement Incomeunder 18 financial giftjuggle multiple financial goalsFinancial Awareness Video Festivalproperty taxexercise reguarlycredit cardtelevision host3 savings buckets CNBCknow before you owebuying a carfour steps to retirement savings mortgage interest tax deductionMoney Marketlow credit scoreTeachPrime Rate IncreaseFundsNew York LifeSatisfyingborrowing plan max employee matchCPI-Wborrow each year, capitalization is going to pile up back-to-school budgetemotional stakeslowest cost fund optioncar leasingCollege of Veterinary Medicinelive below your meanspay 100% cashEmployer Matched Contributionwaive home inspection bidForbes Top 10new carbad retirement planning3 step financial road mapIRA contribution gifted moneyletter to suzeenjoy saving quick closingHDHP's are not badfinancial fearsmaintain standard of livingLifestylegift not loanSuze is my biggest mentorForbesreduce monthly paymentSpendingpowerfulFICO at least 720death benefit 20 to 25 times annual incomeoverspend on dining outunsubsidized Stafford loancredit reportstandard ratehealthy retirement weighthome ownershipSuze changed my lifelong-term care premiumsLTC shoppingswitch to spouse coveragepaying for collegeloan is giftNew american Dream Suze Orman spouse Kathy Travisnot enough life insurancepush yourself to save more for retirementThe Suze Orman Show8 month emergency fundHolidaymonthly dental insurance premiumtaxes15-year refinance dealPay Off Debt Before Retirementhome buying budgetplanCory Bookersavings pleasureprovider of financial supportCommunication Skills Bill and Pennybuying car 2016protect your familyfraudulent returnautomatic paymentno tax on withdrawlskeep a scheduledon't ignore open enrollmenthealthy youLong Term Care shoppingjanuary billsSelectQuote.cominterest capitalizationAlarm Clockclosing feesBaby Boomersalways use all paid time offcomparison shoppingone annual feeapproved medical 100% tax-freeteach importance of helping others2016 adjust withholdinginsurancehome related tax break bonus pay interest while in schooltraditional vs roth 401(k)manage student loanswomen longer life spanEric Dodge negotiate points with bank or sellerfile taxes quicklyDurable Power of Attorney for Health Caredo not pay allowance for good behaviorAdequate Auto and Home InsurancePhyllis Shelton expert long-term carePersonal Financedon't derail retirement savingsGiftUniversity of FloridaAshley SpringerAARP Social security calculatorbuy down multiple lenderspaid vacationsocial security not going brokeAuto Savings Student Debtcommunity collegeanticipated salarySuze approvedopen enrollment review emergency fund savingsadjust allocations setup automatic savings withdrawstudent loan debtmental healthspeak new goal2015 record year car salessuccesshealthy aging refundlower mortgage interestAmericans don't use all paid vacation timeloved ones dependent on incomepremiumbig results ExhibitionMortgage Credit Availability Indexteach your child good money habitsdream schoolprotect dependent heartachepay more than minimumpaid in fulldon't spend dental insurance only refinance if it paysStudent Debt Crisissocial security never insolventfinancial argumentsLong Term Care premiumsmax benefit covered3% debt transferred 40% toward financial goalautomatic withdraw to savings escrowSuze Orman Scholarshipsummer job match income Save Us Moneyfinancial independencestrained relationshipChanging Livesshort term goal Suze Orman's Money Warsreal estate mistakesderailed planpurely financial standpointmarriage inequalityCredit scoresave social securitybuy home you can affordfocus on needsgift grandchild IRA contributionWall Streetsecured cardincentives for health care wellness screeninglife insuranceloan necessityorigination feesSuze Ormanconfident of solutionMost Influential Celebrities Listno interestbudgetRetirement Savingsretirement accountsallowance taskoverspend on giftsMass Mutualmoney-aware childreal estate marketdoctors in networkrepay student loansFree Debt EliminatorFinancial Educatorrent vs buybad decisionsInfluential Celebrityreduce interest rateidentity theftwomen long term carestretch out haircut appointmentsincrease retirement contribution rateget health insurancereplace permanent life insurance with termcnbc alarm clocklearn good financial choiceshigh deductible health care planInterestno waiting periodbe kind to yourselfcan you afford itfile asapuniversal college accessbill paying prioritiesHow To Build Creditpoint cost offset by savingsFiscal Responsibilitymake saving a pleasureUniversity of Illinois20% equityHDHP's are good for youWarner Bros Television Groupdangerous money seasondebit carddepreciating asset mortgagewrite new goalwould you decline a bonuscontribution worst financial mistakeAmy Lacyetlet them have 50% controllong-term care Student Loanhigh down paymentRichFinancial Gift Clifflower overall drug costGoodbyeno negativitybe good exampleCiti Simplicity Card COLAroth iraincrease emergency savingsno late fee Financial Awarenesspay off debtterm life insurancedental discount planhome buying seasonOne Wallet At A Timeprescription tiergraduationultimate compounding giftwomen live longerMarlo Thomasstudent loan repayment estimatorMotherbreakdown projected monthly housing costPost-Divorcevalentines daylong term goallower premiumresponsible with moneyEmergency Savingscar loanvalue moneyretirment savingsdon't use allowance as bribeFinancial Power of Attorneyidentity fraudhousing marketcommititemized deductioncredit managementno splurge no retirement funds for down paymentritual scheduleadvice for college graduatesincrease retirement savingsno private loanautomate student loan paymentsdon't do five year car loanterm insurancebetter loan ratesswitch to roth 401(k)Roth 401(k)loan big picture allowancesave moneyincreased auto insurance premiumtitle insurancecreate new truthpay high rate off firstsame-sex marriageno fee transfercut monthly cable billonly offered while employed be true to yourselfRevocable Living Trust


View Blog & News List
People First. Then Money. Then Things.
Connect with me on Facebook Connect with me on YouTube Connect with me on Twitter
© 2017 Suze Orman Media Inc. All rights reserved.
 
 |  Search  |  Sitemap  |  Privacy  |  Terms
Sign Up For E-mail Offers
Open Panel
Close Panel