{"id":2370,"date":"2022-01-23T19:56:05","date_gmt":"2022-01-23T19:56:05","guid":{"rendered":"https:\/\/blog.prestmit.io\/?p=2370"},"modified":"2025-08-14T07:55:34","modified_gmt":"2025-08-14T07:55:34","slug":"where-to-trade-your-mastercard-gift-card-for-cash-in-2022","status":"publish","type":"post","link":"https:\/\/prestmit.io\/blog\/where-to-trade-your-mastercard-gift-card-for-cash-in-2022","title":{"rendered":"Where to Trade Your MasterCard Gift Card For Cash"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d2646447156\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d2646447156\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/prestmit.io\/blog\/where-to-trade-your-mastercard-gift-card-for-cash-in-2022\/#Overview_of_Mastercard_Gift_Card\" >Overview of Mastercard Gift Card<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/prestmit.io\/blog\/where-to-trade-your-mastercard-gift-card-for-cash-in-2022\/#Why_Trade_Your_Mastercard_Gift_Card_for_Cash\" >Why Trade Your Mastercard Gift Card for Cash?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/prestmit.io\/blog\/where-to-trade-your-mastercard-gift-card-for-cash-in-2022\/#Where_To_Trade_Your_Mastercard_Gift_Card_For_Cash\" >Where To Trade Your Mastercard Gift Card For Cash<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/prestmit.io\/blog\/where-to-trade-your-mastercard-gift-card-for-cash-in-2022\/#How_to_Choose_a_Good_Platform_to_Swap_Your_Gift_Card\" >How to Choose a Good Platform to Swap Your Gift Card<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/prestmit.io\/blog\/where-to-trade-your-mastercard-gift-card-for-cash-in-2022\/#How_to_Trade_Mastercard_Gift_Card_for_Cash_on_Prestmit\" >How to Trade Mastercard Gift Card for Cash on Prestmit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/prestmit.io\/blog\/where-to-trade-your-mastercard-gift-card-for-cash-in-2022\/#How_To_Check_Rates_Before_You_Trade\" >How To Check Rates Before You Trade<\/a><\/li><\/ul><\/nav><\/div>\n<p>A <a href=\"https:\/\/www.mastercard.us\/en-us\/personal\/find-a-card\/prepaid-gift-mastercard.html\" target=\"_blank\" rel=\"nofollow noopener\">Mastercard gift card<\/a> is one of those gift vouchers you look at and smile about because you know it&#8217;ll be useful for shopping. But not everyone looks forward to shopping with one. Thankfully, the gift card is so versatile that you can cash it and do what you want with the money. The only question left is if you know where to trade your Mastercard gift card for cash.<\/p>\n<p>For context, a Mastercard gift card is different from a regular debit card from the same company. Both serve the same function, which is to make payments. However, a regular Mastercard debit card has other features, like being reloadable. A gift card, on the other hand, is not, but it can be sold for cash when the need arises. So, let&#8217;s turn our focus to it.<\/p>\n<p><span style=\"font-weight: 400;\">In this article, you&#8217;ll learn where you can trade your Mastercard gift card for cash and how to do it as well.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Overview_of_Mastercard_Gift_Card\"><\/span><strong>Overview of Mastercard Gift Card<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mastercard gift card is a prepaid debit card issued by the payment processing company <a href=\"https:\/\/www.mastercard.com\/global\/en.html\" target=\"_blank\" rel=\"nofollow noopener\">Mastercard Inc<\/a>. It serves as a means of payment and is accepted by many merchants because it&#8217;s an<span style=\"font-weight: 400;\"> open-loop gift card. This is an advantage for its holders as they have a wider range of stores they can shop from.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-large wp-image-10667 lazyload\" data-src=\"https:\/\/prestmit.io\/blog\/wp-content\/uploads\/2022\/01\/mastercard-gift-card-1280x720-1-1024x576.jpg\" alt=\"trade mastercard gift cad for cash\" width=\"1024\" height=\"576\" data-srcset=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2022\/01\/mastercard-gift-card-1280x720-1-1024x576.jpg 1024w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2022\/01\/mastercard-gift-card-1280x720-1-150x84.jpg 150w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2022\/01\/mastercard-gift-card-1280x720-1-768x432.jpg 768w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2022\/01\/mastercard-gift-card-1280x720-1.jpg 1280w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/576;\" \/><\/p>\n<p><span style=\"font-weight: 400;\">When the company started in 1966, they were called Interbank Association. It wasn&#8217;t till 1979 that they adopted the name MasterCard. As a financial services organization, it is known for providing banks and their customers a payment platform through their debit, credit and gift cards. The only card that can\u2019t be used to withdraw cash from an ATM among the cards they provide is the gift card. However, <a href=\"https:\/\/prestmit.io\/blog\/top-5-best-gift-card-trading-apps-in-nigeria-in-2022\/\" target=\"_blank\" rel=\"noopener\">gift card trading platforms<\/a> have made it possible to trade them for cash, and we&#8217;ll show you how and where.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Trade_Your_Mastercard_Gift_Card_for_Cash\"><\/span><strong>Why Trade Your Mastercard Gift Card for Cash?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Since Mastercard gift cards are very versatile, it might seem silly to want to exchange them for cash but different strokes for different folks. If you really consider it, there are two solid reasons why you might decide to trade your gift card for cash, and they are as follows<\/p>\n<ul>\n<li>\u00a0You don&#8217;t want the gift card.<\/li>\n<li>You need cash urgently.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Where_To_Trade_Your_Mastercard_Gift_Card_For_Cash\"><\/span><strong>Where To Trade Your Mastercard Gift Card For Cash<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Trading your Mastercard gift card can be easy and straightforward if you are trading on the right platform. There are several platforms that allow users to <a href=\"https:\/\/prestmit.io\/blog\/beginners-guide-to-trade-gift-card-for-instant-cash-in-ghana\/\" target=\"_blank\" rel=\"noopener\">trade gift cards for cash<\/a>. But you must be wary of fraudulent platforms or users who will take your gift cards and not pay any cash. Before you pick an exchange, you need to carry out certain checks and ensure that the one you&#8217;re considering fulfils some requirements.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_Choose_a_Good_Platform_to_Swap_Your_Gift_Card\"><\/span><strong>How to Choose a Good Platform to Swap Your Gift Card<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The following criteria will help you confirm that a platform is safe to use:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>User-friendly:<\/strong> It must be easy to use with a simple user interface.<\/span><\/li>\n<li><strong>Security<\/strong>: The platform should have high-security encryptions and ways to weed out malicious actors. Protocols like KYC or ID verification are good indicators that a platform is safe.<\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>Rate Calculator<\/strong>: the platform must have a rate calculator that displays the rates to <\/span><span style=\"font-weight: 400;\">help you know if the trade is fair or not.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>Excellent customer support:<\/strong>\u00a0<\/span><span style=\"font-weight: 400;\">The platform must have customer service to call if anything goes wrong.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>Speed<\/strong>: Ideal payout time should be within minutes.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">One platform that possesses all these attributes is <a href=\"https:\/\/prestmit.io\/\" target=\"_blank\" rel=\"noopener\">Prestmit<\/a>. You can use the app or trade directly on the website.\u00a0 you can sell your Mastercard gift card at the <\/span><a href=\"https:\/\/prestmit.io\/rates\"><span style=\"font-weight: 400;\">highest rates<\/span><\/a><span style=\"font-weight: 400;\"> in the market.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Trade_Mastercard_Gift_Card_for_Cash_on_Prestmit\"><\/span><strong>How to Trade Mastercard Gift Card for Cash on Prestmit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>With the following steps, you can swap your Mastercard gift card for cash in minutes.<\/p>\n<ul>\n<li>Download the app on your iOS or Android phone.<\/li>\n<li>Create an account or sign in if you&#8217;re an existing member.<\/li>\n<li>On the dashboard, select <em><strong>Buy\/Sell Gift Cards<\/strong><\/em>. Then select <strong><em>Sell Gift Card<\/em><\/strong>.<\/li>\n<li>Select your preferred payment mode. On Prestmit, you can be paid in Naira, Cedis or Bitcoin.<\/li>\n<li>Fill out the form on the next page. Under <em><strong>Gift card categories<\/strong><\/em>, choose Mastercard. Fill out the other fields and see the rate for the gift card in the denomination you provided.<\/li>\n<li>Follow the prompt to finish the transaction, and you&#8217;ll receive your payment in your Prestmit wallet.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_To_Check_Rates_Before_You_Trade\"><\/span><strong>How To Check Rates Before You Trade<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Every reliable gift card exchange platform should have a gift card rate calculator. On Prestmit, you can check the current rates per time by entering the\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Make sure to pick Mastercard when selecting your Gift card category. After filling out the other options, you will get an automatic calculation of what your gift card will cost in Naira.<\/span><\/p>\n<p><strong>Conclusion<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Mastercard gift cards are one of the best-selling gift cards because they&#8217;re very versatile. As an open-loop gift card, a Mastercard gift card is usable for payment on any platform that accepts Mastercard debit\/credit cards. So it&#8217;s always in demand. This means that you can trade yours for cash if you have no need for it. While there are myriad platforms to choose from on which you can sell your Mastercard gift card, one of the best is Prestmit. As a leading digital trading platform, Prestmit enables you to buy gift cards at unbelievably good rates and sell the ones you don&#8217;t want at the highest rates per time.<\/span><\/p>\n<p>To be able to trade your Mastercard gift card for cash on Prestmit, you must have an account. Download the app on <a href=\"https:\/\/apps.apple.com\/us\/app\/prestmit-gift-cards-coins\/id1581960714\" target=\"_blank\" rel=\"noopener\">App Store<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.prestmit\" target=\"_blank\" rel=\"noopener\">Google Play Store<\/a> and swap your vouchers in minutes.<\/p>\n<p>If you decide to try out other platforms, ensure you run a critical check using speed, security, ease of use and great customer support as metrics for picking a reliable and suitable platform.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Mastercard gift card is one of those gift vouchers you look at and smile about because you know it&#8217;ll be useful for shopping. But not everyone looks forward to shopping with one. Thankfully, the gift card is so versatile that you can cash it and do what you want with the money. The only [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10652,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[213,927],"class_list":["post-2370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gift-cards","tag-gift-cards","tag-mastercard-gift-card"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Where to Trade Your MasterCard Gift Card For Cash<\/title>\n<meta name=\"description\" content=\"Find out the best place to trade your Mastercard gift card for cash and avoid scammers of any kind. 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