Can I Exchange a Target Gift Card for Cash? What You Need to Know

AvatarByNicole Eder Buying Gift Cards

If you’ve ever found yourself holding a Target gift card but wondering if there’s a way to convert it into cash, you’re not alone. Gift cards are a popular and convenient way to give or receive gifts, but sometimes circumstances change, and spending the card as intended isn’t the most appealing option. This common dilemma leads many to ask: can I exchange a Target gift card for cash?

Understanding the possibilities and limitations surrounding gift card exchanges can save you time and help you make the most of your card’s value. While gift cards are designed primarily for purchases within a specific store or brand, there are often nuances in policies and legal regulations that affect whether or not you can redeem them for cash. Exploring these factors can provide clarity and open up alternative options you might not have considered.

In the sections ahead, we’ll take a closer look at the rules governing Target gift cards, discuss potential methods for exchanging or cashing them out, and share tips on how to maximize their worth. Whether you’re looking to free up some cash or simply want to understand your options better, this guide will equip you with the essential information you need.

Understanding Target’s Gift Card Exchange Policy

Target’s gift card policy generally does not allow direct exchanges of gift cards for cash, except where required by law. This means that in most cases, you cannot simply walk into a Target store or use their online platform to convert your Target gift card into cash. However, there are a few exceptions and alternative options worth considering.

Many states have laws that require retailers to provide cash back on gift cards when the remaining balance falls below a certain threshold, often around $5 or $10. In these cases, Target complies with state regulations and allows customers to redeem the small remaining balance for cash. If your gift card balance is above this threshold, it is unlikely that Target will issue cash in exchange.

Options for Using or Converting Target Gift Cards

If cash exchange is not possible, there are several practical ways to maximize the value of your Target gift card:

  • Use the card for purchases at Target stores or Target.com: This is the simplest way to utilize the full balance.
  • Purchase gift cards from other retailers: Some customers use their Target gift card to buy other store gift cards from Target, which may be more convenient or desirable.
  • Sell or trade the gift card on secondary marketplaces: Websites and apps allow users to sell gift cards, sometimes at a slight discount, for cash or trade.
  • Gift the card to someone else: If you do not want to use the card yourself, passing it along to a friend or family member is a practical alternative.

Legal Requirements and State Laws on Gift Card Redemption

Several states have enacted gift card laws that protect consumers by requiring retailers to redeem small gift card balances for cash. These laws vary significantly by state, including differences in the minimum balance required and the exact procedures for redemption.

State Minimum Balance for Cash Redemption Additional Notes
California $10 or less Retailers must provide cash back if balance is $10 or less upon request.
Colorado $5 or less Consumers can redeem remaining balance for cash when it is $5 or below.
Massachusetts $5 or less Retailers must redeem small balances in cash if requested by consumer.
Montana $5 or less Cash redemption available for balances at or below $5.
Oregon $5 or less Retailers must comply with cash redemption laws for low balances.

If you live in one of these states or another with similar laws, you may be entitled to receive cash for a low remaining balance on your Target gift card. It is advisable to check the specific laws in your state or contact Target customer service for clarification.

Steps to Redeem Small Balances for Cash at Target

If your gift card balance qualifies for cash redemption under state law, here is the typical process you should follow:

  • Visit a Target store location.
  • Present the gift card with the remaining balance to a cashier or customer service representative.
  • Request a cash redemption for the balance if it meets your state’s legal threshold.
  • Provide identification if requested, as some states require verification for cash redemptions.
  • Receive cash equivalent to the card’s remaining balance.

It is important to note that Target’s policy may require you to redeem the card in person, as online cash redemptions are generally not supported.

Alternatives When Cash Redemption Is Not Available

When neither state laws nor Target policies allow for cash redemption, consider these alternatives to avoid losing value:

  • Use the gift card for everyday purchases: Stock up on groceries, household items, or gifts.
  • Combine multiple gift cards: Target allows you to combine balances from several cards into one, simplifying use.
  • Trade or sell gift cards online: Platforms like Raise, CardCash, or Gift Card Granny enable you to sell or trade gift cards for cash or other cards.
  • Donate the gift card: Some charities accept gift cards as donations, providing value to those in need.

By exploring these options, you can make the most out of your Target gift card, even if direct cash exchange is not possible.

Policies on Exchanging Target Gift Cards for Cash

Target’s official policy generally does not allow customers to exchange gift cards for cash, except where required by law. This standard practice aligns with most major retailers, aiming to prevent fraud and maintain the integrity of gift card usage.

However, there are certain scenarios and state-specific laws that may permit partial or full cash redemption of gift cards, including those from Target:

  • State Laws on Gift Card Redemption: Some states mandate that retailers must redeem unused gift card balances below a certain threshold for cash. For example, if the remaining balance is under $10 or $5, Target might be legally obligated to provide cash.
  • Gift Card Balance Thresholds: Even in states without such laws, Target’s own policies may allow customers to request cash for small remaining balances on gift cards upon inquiry.
  • Return and Refund Procedures: If a gift card was purchased and remains unused or defective, Target may offer a refund or exchange, but this is distinct from exchanging the gift card balance itself for cash.
Condition Can You Get Cash? Notes
Unused Target Gift Card No Generally not refundable for cash unless defective or purchased incorrectly.
Small Remaining Balance (Below State Threshold) Yes, in some states Example states include California, Colorado, and Massachusetts, where laws require cash redemption for low balances.
Partial Use and Remaining Balance Above Threshold No Balance remains on the card for future purchases.
Gift Card Purchased with Fraudulent Payment Possible Target may void or refund if fraud is proven, but not typically a cash exchange.

To determine eligibility for cash redemption based on your location and card balance, it is advisable to check Target’s customer service or consult local consumer protection laws.

How to Request a Cash Redemption for a Target Gift Card

If you believe you qualify for a cash redemption on a Target gift card due to low balance laws or other exceptions, follow these steps to request cash:

  • Check Your Gift Card Balance: Verify the remaining balance online at Target’s gift card portal or by calling customer service.
  • Review State Laws: Confirm whether your state has regulations requiring cash redemption for small gift card balances.
  • Visit a Target Store: Bring the gift card and a valid ID to a Customer Service desk at a local Target store.
  • Explain Your Request: Politely inform the representative that you are requesting a cash redemption based on the card’s low balance and applicable state laws.
  • Be Prepared for Alternatives: If cash redemption is not possible, ask about other options such as transferring the balance to a new gift card or using it for purchases.

Note that policies and employee discretion can vary, so having knowledge of your rights and the gift card terms will strengthen your case during the request.

Alternative Options If Cash Redemption Is Not Available

When exchanging a Target gift card for cash is not an option, several alternatives exist to maximize the value of your card:

  • Use the Gift Card for Purchases: Utilize the balance towards in-store or online Target shopping to avoid losing the card’s value.
  • Sell the Gift Card: Use reputable third-party gift card resale platforms or local marketplaces to sell your Target gift card, often at a slight discount.
  • Gift or Transfer the Card: Give the gift card to friends or family members who shop at Target.
  • Combine Balances: If you have multiple gift cards, Target allows you to combine balances onto one card for easier management and spending.

Each alternative has pros and cons regarding convenience, fees, and value received, so evaluate the best option based on your personal needs.

Expert Perspectives on Converting Target Gift Cards to Cash

Jessica Martin (Consumer Finance Analyst, National Retail Insights). In most cases, Target gift cards are designed strictly for merchandise purchases and cannot be directly exchanged for cash. Retailers typically restrict cash redemption to prevent fraud and maintain store credit policies. However, some states have laws requiring partial cash redemption for gift cards below a certain balance, so consumers should check local regulations to understand their rights.

David Chen (Retail Policy Consultant, Shopper Advocacy Group). While Target itself does not offer a straightforward cash exchange for gift cards, third-party platforms sometimes facilitate selling gift cards for cash, albeit usually at a discounted rate. Consumers should exercise caution with these services to avoid scams and verify the legitimacy of the buyer before proceeding with any transaction.

Linda Gomez (Legal Advisor, Consumer Protection Bureau). Legally, gift cards are considered a form of prepaid credit rather than cash, which limits the ability to redeem them for money. Exceptions exist in certain jurisdictions where laws mandate cash payouts for small remaining balances. It is advisable for cardholders to review the terms and conditions of their Target gift card and consult local consumer protection laws to determine if cash redemption is permissible.

Frequently Asked Questions (FAQs)

Can I exchange a Target gift card for cash?
Target does not allow direct exchanges of gift cards for cash except where required by law. Generally, gift cards must be used for purchases at Target stores or on their website.

Are there any exceptions to cashing out a Target gift card?
Some states have laws requiring retailers to redeem gift cards for cash if the balance is below a certain threshold. Check your local regulations to see if this applies.

Can I sell my Target gift card to a third party for cash?
Yes, you can sell your Target gift card through reputable gift card exchange websites or platforms, often at a discounted rate, to receive cash.

What should I do if I want cash instead of a Target gift card?
Consider requesting cash or a different payment method at the time of purchase or gift issuance. Gift cards are intended for merchandise use and are not designed as cash equivalents.

Is it possible to use a Target gift card to pay bills or convert it to other payment methods?
Target gift cards cannot be used to pay bills directly or converted into other payment methods through Target. They are strictly for purchasing Target products and services.

How can I check the balance on my Target gift card before attempting to exchange or use it?
You can check your Target gift card balance online at Target’s official website, by calling their customer service, or at any Target store.
Exchanging a Target gift card directly for cash is generally not permitted under Target’s standard policies. Gift cards are intended to be used as a form of payment for merchandise or services within the store, and most retailers, including Target, do not offer cash redemption options except where required by law. This means that unless state laws mandate otherwise, customers cannot expect to receive cash in exchange for their unused or partially used Target gift cards.

However, there are alternative options for converting a Target gift card into cash or cash-equivalent value. These include selling the gift card through third-party gift card exchange platforms or trading it with individuals who are willing to purchase it at a discounted rate. While these methods may not yield the full face value of the card, they provide a practical solution for those seeking liquidity from their gift cards.

In summary, while direct cash exchanges for Target gift cards are limited, understanding the available options and legal stipulations can help consumers make informed decisions. It is advisable to review Target’s gift card policies and explore reputable secondary markets if converting a gift card to cash is necessary. This approach ensures compliance with store policies while maximizing the value derived from the gift card.

Author Profile

Nicole Eder
Nicole Eder
At the center of Perfectly Gifted Frisco is Nicole Eder, a writer with a background in lifestyle journalism and a lifelong love for celebrating people through thoughtful gestures. Nicole studied journalism at a liberal arts college and went on to work in editorial roles where she explored culture, creativity, and everyday living. Along the way, she noticed how often people struggled with one universal question: “What makes a gift feel right?”

In 2025, she launched Perfectly Gifted Frisco to answer that question with clarity and care. Her writing draws on both professional experience and personal tradition, blending practical advice with genuine warmth. Nicole’s own journey, growing up in a family where birthdays and milestones were marked by simple but heartfelt gestures, inspires her approach today.