Unwanted gift card in your stocking? Don't let it go to waste

Gift cards can be a quick and easy present for those who don't know what to buy and offer the recipient a chance to pick out something nice for themselves, but sometimes they can still miss the mark.

Gift cards can be a quick and easy present for those who don't know what to buy and offer the recipient a chance to pick out something nice for themselves, but sometimes they can still miss the mark.

If you find yourself with a gift card you don't think you're going to use, experts say you have options.

Natasha Macmillan, director of everyday banking at Ratebub.ca, says we've all been in that situation where someone doesn't know you, but still wants to get you something and gives you a gift card for a store that you probably won't use.

If that's the case, she said you have options.

"You might be able to use the gift card for a present for a friend or a family member. That will actually help you save money while using the gift card at the same time," she said.

Macmillan also said you can look to resell a card through a platform such as Facebook Marketplace, Kijiji or other websites that specialize in buying and reselling gift cards.

"You do have to be careful with some of the scams and things out there, but it's also helpful and that way you can get cash for the gift card or even exchange it for another gift card," she said.