Trade your gift card for cash Wednesday only

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DENVER –You can exchange unwanted gift cards for cold hard cash Wednesday, the day after Christmas only.

If you are one of millions of Americans that got a gift card for Christmas, but are not exactly thrilled by the products or stores it goes to, then have no fear – Gift Card Exchange Day is today.

The exchange day takes place every December 26, and is sponsored by a websites like

According to CNBC, websites like need to replenish their inventory. Meanwhile, sellers cam compare bids from different gift card exchange sites to get the highest price.

To trade in your gift card for cash, visit or and simply enter the merchant name and card amount. Offers are automatically generated.

Other companies, including Cardpool, GiftCardRescue and CouponTrade will buy your card at 50 or 90 percent of the face value.