Walmart gift cards are extremely useful thanks to the wide variety of products you can buy with them. Sometimes, it’s more convenient to have cash, meaning you might want to exchange gift cards for cash.
So you may be wondering – can I get cash back from a Walmart gift card? Here’s what I found out about Walmart’s policy on cashback from gift cards:
Can You Get Cash Back From a Walmart Gift Card In 2021?
Walmart does not give cash back on Walmart gift card balances as of 2021. However, certain states such as California, Colorado, Maine, Massachusetts, Montana, New Jersey, Oregon, Rhode Island, Vermont, and Washington allow customers to receive the remaining balance (up to $10) in cash.
Want to know more about getting cash back at Walmart, plus a secret hack, keep on reading!
Secret Hack For Getting Cash Back On a Walmart Gift Card
While there is no official way of receiving cashback from a Walmart Gift Card, the below hack seems to work really well.
Step 1: You will need to purchase an item that is slightly more expensive than the Walmart Gift Card and pay the difference with cash or card.
For example, the $55 product would be paid with a $50 Walmart Gift Card and the $5 cash on top.
Once the payment has been made, ensure you keep the receipt as this will now count as a “cash purchase” in Walmarts’ eyes.
Step 2: Keep the product in the box and in original condition and return within 14 days with the receipt.
Step 3: You will now receive a refund which can be put onto a debit card or received in cash.
Other Ways To Get Cashback from a Walmart Gift Card
If your state requires retailers to provide cash refunds for gift cards, take your Walmart gift card to a customer service desk and request to exchange it for cash.
You may have to ask for a store manager if the employee is unaware of your state’s specific rules on gift card returns.
Be aware that some states have a limit on how much cash can be refunded from a gift card – for example, California requires that the gift card balance is below $10 for it to be refunded.
Make sure to check what your state’s rules are before requesting cash back from your gift card.
Can I Sell My Walmart Gift Card for Cash?
Yes, but you might not get the full amount in cash. Several gift card exchange websites such as Raise, CardCash and Cardpool will buy your Walmart gift card, but usually for less than its full value.
Additionally, Walmart also offers a gift card buyback incentive where you can exchange unwanted gift cards for other stores at up to 95% of the original value.
To learn more, you can also see my other posts on buying a Visa card with a Walmart gift card and also where to buy Walmart gift cards besides Walmart.
You can only get cash back from a Walmart gift card if your state requires gift cards to be refundable for cash. Otherwise, you can try selling your card on a gift card exchange site, but you usually won’t be able to get the full amount from the card when selling it.