How to Exchange Your Target Gift Card for Cash or Other Gift Cards with MyBalanceNow

If you have a Target gift card that you won’t be using, there’s no need to worry! You have the option to swap it for cash or different gift cards through the MyBalanceNow platform. MyBalanceNow is a convenient online tool that allows you to check your Target gift card balance, manage your gift card funds, and even trade it for different gift cards or cash.

In this blog post, we are going to guide you through the steps that you can follow for exchanging your Target Gift Card for cash or other gift cards using MyBalanceNow.


Steps for Exchanging Your Target Gift Card for Cash or Other Gift Cards Using MyBalanceNow

To exchange your Target gift card for cash or other gift cards using MyBalanceNow, follow these steps:

Step 1: Visit the MyBalanceNow website

Open your web browser and go to the official MyBalanceNow website. You can search for it on any search engine or directly enter the URL:

Step 2: Log in to your account

On the MyBalanceNow homepage, you will find a login section. Enter your Target gift card number, expiration date, and CVV code in the respective fields. Then click on the “Sign In” button to access your account.

Step 3: Check your gift card balance

Once you’re logged in, you will be able to see your Target gift card balance. Make sure that you have enough funds available for the exchange.

Step 4: Select the “Exchange” option

Look for the “Exchange” or “Exchange Gift Card” option on the website. It may be located in the main menu or under a specific section like “Manage Cards” or “Gift Card Services.” Click on this option to proceed.

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Step 5: Choose your exchange method

MyBalanceNow gives you various choices for exchanging your Target gift card, like getting cash or picking up other gift cards. You can choose the one that suits your needs best.

Step 6: Enter the required information

When you want to exchange your Target gift card using MyBalanceNow, you’ll need to provide some information depending on what you want in return: other gift cards or cash.

Exchanging for Other Gift Cards: First, log in to your MyBalanceNow account. Then, go to the “Exchange” or “Swap” section on your account page. In that section, you can choose gift cards from various stores such as Amazon, Starbucks, and Walmart. Choose the one you want and specify how much of your Target gift card you’d like to exchange. After confirming your choice, you’ll receive the new gift card through email or directly in your MyBalanceNow account within a few minutes.

Exchanging for Cash: To get cash instead, log in to your MyBalanceNow account and navigate to the “Exchange” or “Sell” section. Choose the option for cash exchange. You’ll need to enter some details like your gift card number, CVV code, and how much cash you want in return. Make sure to carefully read the terms and conditions before finalizing the transaction. Once it is completed, the cash equivalent of your Target gift card will be sent to your selected payment method, such as PayPal or your bank account. Keep in mind that the cash value you receive may not be the same as the full value of your gift card, and there might be some fees involved in the process.

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Step 7: Confirm the exchange

Review the details of your exchange, including the amount or value you’ll receive in return. Make sure that everything is accurate before proceeding.

Step 8: Complete the exchange

Once you’re satisfied with the exchange details, click on the “Confirm” or “Submit” button to finalize the transaction. Follow any additional instructions provided by MyBalanceNow to complete the process.

Step 9: Receive your cash or gift card

After completing the exchange, you should receive your cash or other gift card according to the chosen method. The timeframe for receiving the funds or new gift card may vary, so be patient and check your email or account for updates.

Frequently Asked Questions

Can I Exchange My Target Gift Card For Cash On MyBalanceNow?

Yes, MyBalanceNow allows you to exchange your Target gift card for cash. The cash will be deposited into your selected payout method, such as PayPal or bank account, within 1-2 business days in most cases. Keep in mind that exchanging your Target Gift Card for cash may involve fees and you likely won’t receive the full card value.

How Long Does It Take To Receive My New Gift Card Or Cash After Exchanging On MyBalanceNow?

In most cases, you will receive your new gift card or cash within 1-2 business days after completing the exchange on MyBalanceNow. Delivery times can vary depending on your selected payout method. Be sure to check your email for confirmation and tracking updates.


Exchanging your Target gift card for cash or other gift cards through MyBalanceNow is a straightforward process when you follow the steps outlined in this guide. MyBalanceNow offers a safe and user-friendly platform where you can choose between exchanging your Target Gift Card for other gift cards or getting cash value, depending on your preferences. Whether you’re looking for more shopping options or prefer cash in hand, MyBalanceNow provides a convenient solution to make the most of your gift card. Make sure you keep yourself updated on any charges or rates for exchanging so that you can make the most out of your gift card’s value.