The process of exchanging a Target gift card for immediate monetary compensation involves various online platforms and physical kiosks. These services allow individuals to trade their unwanted gift cards for a percentage of their face value, providing quick access to funds. For example, a $100 gift card might be exchanged for $80 in cash, depending on the platform and current market rates.
This practice offers a valuable alternative to unused gift cards, transforming them into readily available spending money. It provides flexibility for those who may not frequent Target or prefer having cash on hand. Historically, unwanted gift cards were often relegated to drawers, forgotten or given away. The emergence of these exchange services provides a more efficient and beneficial solution.