New Google Play Gift Card
How Do Gift Cards Work?
A gift card, also called a stored value card, is a type of payment method that allows you to make purchases at various locations, like retail stores, gas stations, and restaurants. Money is preloaded onto the card, which can then be used by you or the recipient at places that accept it. Gift cards come in two main types: open-loop and closed-loop.
Closed-loop gift cards are specific to one brand or store, meaning they can only be used with that retailer
Open-loop gift cards can be used at any location that accepts a certain card network, like Visa or Mastercard.
How do I redeem a gift card?
Here are three common ways to redeem a gift card:
- In a Physical Store: Many people prefer to redeem their gift cards in person at retail locations that accept them.
- Online Store or Website: You can also redeem gift cards by entering the card details on the issuer’s online store or website.
- By Reselling: Some choose to turn their gift cards into cash by reselling them on reputable sites, such as Raise and CardCash, which allow users to sell unwanted cards for money or trade them for more desirable cards.
Can I convert a gift card to cash?
Yes, you can turn gift cards into cash (or different gift cards) using trusted sites like Raise and CardCash. The best site for you will depend on the type of card and the simplicity of the selling process.
Do Google Play gift cards expire?
Google Play gift cards have no fees or expiration dates. Any refunded balance will be credited back to your Google Play account, available for future purchases, as per the terms of service.
Can I withdraw cash from a gift card?
No, cash withdrawals are not allowed
with gift cards, and you can’t receive cash back on transactions made with
them.