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How to trade in your unwanted gift cards

BOSTON — If you got some gift cards over the holidays that you aren't crazy about, you can trade it in.

Target is offering a trade-in program for unwanted gift cards, though they won't pay the full value. For example, Target might buy your $100 gift card for $85.

CNN Money reports that  Target is partnering with gift card exchange website Cardpool and electronic trade-in company Nextworth for the program. Cardpool provides the trade-in rate of consumers' gift cards and then re-sells them.

Target will exchange gift cards from more than 600 brands, including Old Navy, Cheesecake Factory, Tiffany & Co, Staples and Pottery Barn.

There are several companies that allow you to buy and sell previously-owned gift cards, including GiftCardGranny.com and CardCash.com.

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