Target offering to buy your unwanted gift cards

Target gift cards (AP Photo/Amy Sancetta)

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.

Find out more information here.

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