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Good afternoon everyone, if you bought groceries lately, you may have seen a tall yellow machine next to the familiar green Coinstar kiosk.
To test out the payouts, I brought a handful of different gift cards to the store and tested them out. It appears that all gift cards (at least restaurant gift cards) are only worth 63% face value. You can also type in the name of the gift card if the system cannot automatically determine the name of the gift card. According to Gift Card Granny, you could sell an Elephant Bar gift card for 65-70.5% face value online, which represents a 7% higher payout than what Coinstar will offer.

If you decide to accept Coinstar’s price, you have to jump through a few hoops to complete the transaction. After that, a receipt will print out that you can take to the register and redeem for cash.
Lastly, you will receive a confirmation email from Coinstar with details of your transaction. Good afternoon Melissa, I like the Coinstar Exchange idea, but wish the payouts were higher and more gift cards were supported. I tried to use the kiosk the other day and it told me I had too much gift card activity and I had to come back another day.

We appreciate that you took the time to offer feedback on your experience – we’ll pass your thoughts along to our product team. So will I get more money back if I cash out a walmart giftcard compared to a walgreens giftcard? There might be a list on Coinstar’s website, but you might have to visit a kiosk and find out.

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