extracting the last few dollars from Visa/MC gift cards

Once in a while, I get a prepaid gift card like this:

They’re – like money – great! But they do have one downside: it’s hard to spend the change once you’ve bought off most of the value.

Originally this was going to be a quick “just redeem it with Amazon’s gift card” post, but a bit of study revealed that it isn’t quiet that simple:

1. the authorized amount can prevent the full transaction from going through, so if it’s the first transaction at Amazon, you might need to leave $1.00 to cover the reserve.
2. the article mentions a $5 minimum, but the initial amount & card selection on Amazon doesn’t seem to have a problem with lower amounts, so YMMV I guess.

The article also mentions a different solution that I should have thought of: apparently some banks will redeem the value of the card into your account. You just need to show up at a branch of your bank with proper identification.