Target is buying your unused and unwanted gift cards. The company is partnering with gift card exchange website Cardpool and electronic trade-in company Nextworth.
Cardpool provides the trade-in rate of consumers’ gift cards and then re-sells them. For example, Target says people can exchange a $100 Walmart gift card for an $85 Target gift card.
Target will exchange gift cards from more than 600 brands, including Kmart, Old Navy, Cheesecake Factory, Tiffany & Co, Staples and Pottery Barn.
The program is available at over 1,500 Target stores.