Does Walmart Sell Home Depot Gift Cards in 2024? The Complete Guide
If you have a friend or family member taking on a major home renovation or DIY project, a Home Depot gift card can be the perfect way to help them afford supplies for their next home improvement adventure.
But does the convenient one-stop shop at Walmart offer Home Depot gift cards? Unfortunately, due to being direct competitors, Walmart does not sell Home Depot gift cards in any of their stores or on Walmart.com as of 2023.
However, Home Depot gift cards can still be purchased at several other major retailers. This guide will cover where you can find Home Depot gift cards, alternative gift card options to consider, and why America‘s largest retailers are rivals when it comes to home improvement sales.
Why Walmart Doesn‘t Offer Home Depot Gift Cards
With over 4,700 stores nationwide, Walmart is the largest retailer in America. Home Depot is their biggest competitor when it comes to home improvement sales.
In 2020, Walmart reported $36 billion in net sales of home goods, including appliances, tools, outdoor living items, and more according to their annual report. This represented around 9% of Walmart‘s total 2020 revenue.
The same year, Home Depot registered $132 billion in total sales according to their 2020 annual filing. As the two largest home improvement chains, Walmart and Home Depot battle for market share in this highly lucrative retail category.
Due to this direct competition, Walmart chooses not to offer Home Depot gift cards in their stores or on their website. Walmart wants customers buying home improvement products to shop at Walmart, not provide an easy way to fund purchases at Home Depot.
Where To Buy Home Depot Gift Cards
While Walmart won‘t sell you a Home Depot gift card, you can find them at several other major retailers:
Target
- Denominations from $25 to $500
- Sold at checkout lanes and service desks
- Also available for purchase on Target.com
Walgreens
- Denominations from $25 to $500
- Purchase instore or online for delivery/print
Kroger
- eGift cards available for instant email delivery
- Physical cards sold at affiliated grocery chains
Dollar General
- Limited availability at select locations
- Call ahead to check inventory
Check with your local pharmacy, grocery store, or gas station too, as many smaller chains sell Home Depot gift cards regionally.
Gift Card Alternatives at Walmart
While direct Home Depot gift cards are not an option for shoppers at Walmart, there are some flexible gift card alternatives:
Open-Loop Gift Cards
- Visa, Mastercard, American Express
- Can be used anywhere, including Home Depot
- Offer recipient maximum flexibility
Closed-Loop Gift Cards
- Walmart, Lowes, Best Buy, etc.
- Restricted to a single merchant
- Gifts specific stores/products
| Gift Card Type | Pros | Cons |
|---|---|---|
| Open-Loop | Accepted at multiple retailers, maximum flexibility | Cannot buy at discount, fees may apply |
| Closed-Loop | Tailored to specific store for easy gifting | Restricts recipient‘s redemption options |
Based on the above comparison, an open-loop Visa or Mastercard gift card purchased at Walmart may be your best bet for a wide-reaching home improvement gift card.
According to 2021 consumer data, over 60% of gift card recipients ultimately spend more than the face value when redeeming their gift card. This implies gift cards stimulate additional purchases – perfect for a big home renovation project!
Convenience vs Competition
While Walmart‘s omnipresence makes it an ultra-convenient one-stop shop, their direct competition with Home Depot restricts certain offerings that may benefit customers, like purchasing competitor gift cards.
When it comes to home improvement gifting, you‘ll need to look past Walmart and buy Home Depot gift cards at Target, Walgreens, Kroger, or another national retailer to support your favorite DIYer‘s next project.
