Buy & sell Gift Cards: Reviewing The Options
There arent many gift card-dedicated websites where you can actually sell gift cards online.
It seems like a tough business model. Several of the major brands that operate in the space went out of business recently, citing COVID-related issues.
Looking at previous Clark.com reviews of these gift card sites, theres a clear pattern of high turnover with companies going out of business and new companies forming.
As of October 2021, here are some of the main, legitimate options I found for buying or selling gift cards online.
Use Gift Card Exchange Websites
Yet another advantage of using Cardpool is that they also do gift card exchanges. In fact there are several websites that now work exchanges, including CardCash, CardHub, Raise, and Junkcard.
On these sites, you can exchange or sell one gift card that you wont use for one that you will. Since the discount fees associated with each card are different, you may end up paying a small fee in the exchange, or you can even earn a small amount if the gift card that you are offering comes with a smaller discount.
Whatever you decide to do with your unwanted gift cards, the worst strategy of all is to simply put them away in the hope that you may one day use them. More likely, youll forget you have them, turning them into a complete waste of money. The best time to deal unwanted gift cards is always as soon as you receive them. The holidays are over, so take care of it now!
Sell Your Gift Card In Person
If you want to sell your gift card in person, rather than dealing with online gift card exchanges, you have a few options.
- Cardpool.com gift card kiosks: If you dont want to make your swap online, you can visit certain in-store kiosks, operated by Cardpool.com. These machines, once owned and operated by Coinstar, accept gift cards from more than 150 retailers and restaurants, as long as they have a balance of at least $15. The kiosk will make you an offer for the cardand if you accept the offer, you’ll get a voucher that you can redeem for cash at the register of the shop the kiosk is located in.
- Target trade-in: If you love shopping at Target, youll be pleased to know the big-box retailer will trade store credit for gift cards from more than 100 different retailers and restaurants through its own in-store exchange. Not all Target stores participate in the program, so you should check the website to see if your local store is part of the Target trade-in program.
Typically, in-store trade-ins offers lower resale returns than the online exchange marketplaces, says Hunter, but the payout is more immediate: Youve got to ask yourself if you value the dollar amount or convenience more.
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Tips On How To Sell Gift Cards Online Instantly
Have the following in mind when you sell gift cards instantly.
- Sell gift card online instantly instead of physically to avoid shipping costs.
- It is also possible to sell gift cards online instantly that are partially used and if possible, opt to trade a gift card instead of selling it.
- Finally, since gift cards do not have expiry dates, you can wait to sell it at your preferred price.
Selling And Exchanging Gift Cards Through Cardcash
CardCash.com buys gift cards directly from consumers, offering up to 92% cash back for your unwanted gift cards. Catering to the ease of digital exchanges, CardCash operates exclusively online.
While gift card prices fluctuate based on supply and demand, we found that many of the cards we tested fetched a decent value on CardCash. For example, when we checked, a $100 Best Buy gift card was valued at $86 and a $100 Walmart gift card was valued at $88. Of course, your experience may vary.
Additionally, CardCash features a robust list of accepted gift cards. Along with popular options such as Target and Walmart, you can sell gift cards from places like 7-Eleven, Costco, Starbucks and Uber Eats.
Selling gift cards at CardCash is easy: Simply enter a merchant and card balance, and you can see your offer instantly. You can also add multiple cards at once and see their total value. Only gift cards with a remaining balance of $10 or more are eligible.
Once youve selected your desired payment method via check in the mail, ACH deposit or PayPal Express Checkout enter your gift card number and PIN.
If youd rather exchange your gift card for other store options, CardCash is one of your best bets. Indeed, the site offers up to 11% more value for your cards if you trade the gift card rather than sell it.
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Where Can I Sell Amazon Gift Cards
are among some of the most popular to sell. Its understandable why. Amazons marketplace allows buyers access to a versatile array of products. Whether youre on the platform to find a gift, purchase outdoor sports gear, or youre looking for a good book, Amazon has it.
Every one of the platforms mentioned above offers assistance reselling an Amazon Gift card. However, if youre looking for money fast, you can offer to sell your Amazon Gift card to friends, co-workers, or your family members. We can almost guarantee that youll find a solid group of interested buyers within your own personal network.
Let them know youre looking to sell your Amazon gift card for a discount, give them the card details and let the bidding begin.
Gameflip Is The Safest Way To Sell Google Play Gift Cards For Cash
Gameflip is the simplest way to sell unwanted Google play gift cards for cash. You can sell any unused, prepaid and non-reloadable gift cards on Gameflip. Popular gift cards on Gameflip are Steam cards, PSN, Xbox Live, Amazon, iTunes, and Google Play cards.
Your Google play gift card will be listed in front of the thousands of buyers participating in the marketplace. To sell Google play gift cards quickly, set the price between 2% and 15% off the original amount. Depending on the popularity of your Google play gift cards, you may need to adjust the asking price to attract buyers.
Simply list your Google play gift cards using our website or our free mobile app. We recommend choosing auto-delivery for fastest and smoothest transaction. After the buyer receives your git card code, redeems and completes the transaction by rating, the sale proceeds are immediately deposited into your Gameflip wallet. You can choose to withdraw your sale proceeds any time.
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Exchange Your Unwanted Gift Cards With People You Know
Chances are people you know also have a number of gift cards they will never use. Maybe they let dust gather on the exact gift cards that you could put to good use. In exchange, you could be owning a valuable gift card for them.
Network with people in your office, college, gym or wherever you meet people to discover what you could exchange.
How To Stay Safe When Selling Gift Cards
Among the best sites to sell gift cards online for cash instantly is a marketplace where they verify the card balance and also offer protection both to the buyer and the seller. Once you have sold the gift card, it is essential that you keep it for up to 180 days just in case the buyer is unable to redeem the card balance.
If you find another platform yourself to trade gift cards online instantly, be sure to always check them on trustpilot first.
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Consider Ways To Get Paid
Depending on the service you choose, when you sell a gift card you can receive a check in the mail, a PayPal payment or a more useful gift card.
Payment apps might be quick, but keep those pesky transaction fees in mind if you want to maximize your payout. Checks may take a little longer, but theyre as good as cold, hard cash. And depending on your spending habits, another gift card might be the best choice, as the conversion rate is going to be the highest.
Each selection has its own perks, so choose whichever best fits your needs.
How Much Are Gift Cards Worth
To get a value for your gift card, scroll up to our search box above and select the retailer that the gift card belongs to, as well as its value. After that receive an instant valuation by selecting the add to trade button simple. There are no hidden fees, and postage is completely FREE! Why not see how much money you could make today?
Whilst gift cards may show someone youve given a bit more thought into their present than just handing them a clump of cash, they sometimes miss the mark. I think weve all been in the situation where a gift card has sat in a wallet for so long that its gone out of date. Dont let that happen to you! Sell gift cards to Zapper for a great price.
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The Best Part Of Selling Your Device Is Getting Paid
We offer the most options in the world – you can choose to be paid via check, PayPal, Direct Deposit, PrePaid Debit Card or a BuyBackWorld.com Gift Card which includes an extra 5% to spend in our store.This is your money so choose how you want to receive it.
We know time is money so we pay quick and issue payment within two business days of inspection. Once your device is received, we check that your order is complete and your items match the condition you described.If everything matches up, we make payment within two days of inspection.
Request a Free Shipping Kit
Once you submit your order, we’ll mail out your FREE Shipping Kit within one business day. The actual Shipping Kit can take 3-5 business days to reach you depending on your location. Well also email you a prepaid shippinglabel in case you change your mind and want to send your item in using your own box right away.
Your FREE Shipping Kit includes:
- Shipping Instructions and Packing Slip summarizing your order
- Free Prepaid shipping label and return padded envelope or box
- Free bubble wrap protection packs to keep your items safe
Print Your Own Labels
This is the fastest way to get paid since you can send your item out immediately without delay. Once you submit your order, we’ll instantly email you a FREE Shipping Label and Packing Slip. Simply print yourlabel, affix it to any box, and drop your package into any mailbox or bring it to your nearest Post Office.
The items you will need to print are:
A Checkered History Of Gift Card Companies
First, some history. A lot of gift card sales and arbitration companies have struggled financially and shut down over the last few years. In some cases, like that of The Plastic Merchant, many customers were left with uncompleted transactions and lost their money permanently when the company officially . Much mystery surrounded the ordeal, but not much could be done without consumer protections in place to protect gift card customers. Even the attorney general for Missouri declined to interfere.
Then there’s the BlackHawk Network, which has its hands all over most things “gift card.” You know those physical gift cards for sale in your local grocery store, maybe conveniently near the checkout? BlackHawk Network is responsible for that integration, a concept it launched back in 2001. Since then, the company has had an impressive history of acquiring gift card exchange and sale websites, but its overall record is spotty. Over the last several years, BlackHawk has left a trail of defunct gift card websites, including CashStar, CardPool and Gift Card Lab, and its remaining sites — including GiftCards.com and GiftCardMall — are not kept entirely updated. BlackHawk’s level of investment in those remaining websites appears low, and whether their customers will see the fate of Cardpool or The Plastic Merchant remains questionable.
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Donate Your Unused Gift Cards
Its also possible to donate your unused gift cards to charitable organizations. You can look for a local charity that buys food or essential items at Amazon.
Another option is buying items with your gift card and donating them. Examples can include canned food or baby diapers.
If a charity will write you a receipt for the donation, you can claim it as a charitable contribution at tax time.
Some charitable gift card websites like Gift Cards 4 Change will accept gift card donations.
This might not be the most lucrative option. However, it helps a good cause and gives the funds to someone that needs the money more than you do.
Where Can I Sell Egift Cards
Cardpool is a fast, easy, and accessible option to sell your gift cards. One of the key factors that makes this site appealing is the option to sell online gift cards, also known as eGift cards. Some of their competitors dont offer the option, so if you find you have an abundance of eGift cards, Cardpool is your best choice.
You can use Cardpool to sell a wide variety of gift cards, too, from the Banana Republic to Bed Bath & Beyond to Home Depot.
You have the choice to receive payment through a mailed check or with another gift card, and the site boasts that users receive up to 92% of the value of the card they sell. You can choose to accept the instant offer you receive from the Cardpool site, or you can wait it out to receive a better offer from a potential buyer.
Another option to consider for eCard sales is Gift Card Granny. While we did mention that they offer in-person locations for sales, the platforms preferred sales method is online.
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Are Cardcash And Raise Legitimate Sites
Yes, both are legitimate businesses and should offer more security than youll find selling gift cards yourself on a site like eBay or Craigslist. That said, each has faced its share of customer complaints and neither are accredited with the Better Business Bureau, so be aware.
CardCashs BBB profile also notes a number of complaints, mostly from customers who had bought gift cards on the site and then had their card balances disappear after the sites 45-day guarantee expired.
Raises customer service rating averages around 1 star on the Better Business Bureau site and 2 stars at Trustpilot. Like CardCash, most of Raises complaints relate to issues with buying gift cards, with some customers alleging the site performed a hard pull on their credit report.
Weve reached out to both companies for comment on their customer service reputation and are awaiting comment.
Reddit Gift Card Exchange
Reddit is known for being a calm oasis in the storm that is social media. Why wouldnt you turn to Redditors to buy your unwanted gift cards?
Naturally, you might be wary of trusting an anonymous user to transfer your payment without a third party overseeing the transaction. Although some scammers frequent the Gift Card Exchange subreddit, theres also a reputation system and detailed guidelines, so you can significantly reduce your risk by being cautious.
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Best Places To Sell Gift Cards For The Most Money In 2021
You can also sell locally by listing your card on Craigslist or another sell local app like Offerup. This option might work best for gift cards to local businesses that cannot be listed on the other gift card balances. When selling locally, its best to meet at the local business to verify the balance before the buyer pays for the card.
Accept The Gift Card Offer
Gift Card Exchange pays up to 85% of the value of the gift card, but the amount of the offer you get will depend on the popularity of the gift card. Grocery store, gas station and large department store gift cards such as Target or Walmart generally fetch higher resale values than gift cards to smaller retailers. Though your experience may be different , we sold a $25 Best Buy gift card for $16.25.
Heres a Tip! You can choose to accept the offer. Once you successfully enter the card information, the Gift Card Exchange machine will make you an offer for the card. If you are happy with the amount offered, then select Accept. If not, select Decline. Youre not obligated to complete the transaction until you accept the cash back offer.
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