I like to take advantage of easy opportunities to make money . And now I’m the proud owner of a stack of $200 gift cards I bought online to earn 8.5% cash back  when I stacked it with Swagbucks .
There are various methods to cash out the gift cards including paying our taxes , refilling Serve  or Bluebird  accounts, and of course, regular spending in place of the quarterly rotating cash rewards .
Now there’s a new bill payment service called Evolve Money . I decided to work on cashing out my new gift cards to test out Evolve. It was even easier than I thought! Here’s how it works.
How to Cash Out Gift Cards Using Evolve
- Sign up for Evolve Money .
- Search for the company you’d like to pay.
- Enter the card number for your gift card.
- Pay your bill.
Evolve Money Terms & Conditions
Evolve Money Limits: There is a daily limit of $1,000.
Evolve Money Fees: It’s free! If you need to make an express payment, it’s $1.50.
Types of Cards Accepted: Mastercard and Visa debit cards.
Evolve Tips and Tricks
Evolve Money Payee List. I couldn’t find a complete list of Evolve Money payees, but you can search for companies  you use. I was pleased to see my electric company, who normally charges a fee when I pay by credit card. I even found our health insurance and local small town water department! These are some of my last few bills which I haven’t been able to optimize in the past with credit card payments for cash back.
Evolve Money Mortgage Payments. Penfed is not listed, but my Heloc at my local credit union was. If your mortgage company is listed, this would be a great option to earn cash back on your mortgage payments since our old method to pay a mortgage with a credit card  is gone. Just make sure your payments are not applied as an additional principal payment instead of your next payment. I also sent them a request to add Evolve Money Penfed payments, hopefully we’ll see them added in the future!
Funding 529 Plans. There’s a bunch of 529 plans listed in the bill pay options. If you are thinking outside the box, don’t bother, others reported  that their accounts were shut down trying to manufacture spending with the 529 options.
Have you used Evolve Money to cash out gift cards?