Can a gift card be refunded in cash?
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No: a gift card's balance is never refunded in cash, and the card cannot be reloaded, except by the refund of a return, onto the same card. Only a card sold by mistake and never used is voided with its sale: the register then says how much cash to give back. A lost card is not replaced, even with the receipt: the card's code is the only proof.
Full guide : Selling and redeeming a gift card.