where can i sell gift cards for cash

1. Sell Your Unused Gift Cards for Cash · 2. Regift the Card · 3. Sell or Exchange them with People You Know · 4. Donate the Gift Card to Charity. Little did I realize it also has machines that offer cash in exchange for a gift card. You can locate a Coinstar Exchange kiosk here. Once you. Best Sites to Sell Gift Cards Online · 1. Raise.com · 2. Cardpool · 3. GiftCard Granny · 4. CardKangaroo · 5. CardCash · 6. ABC Gift Cards · 7. GC.

Where can i sell gift cards for cash -

Sites for Discounted Gift Cards

Could buying discounted gift cards online help you save money and reduce your spending each month? Possibly, if you teach yourself not to spend them like free money. Also, be aware that inventory and discounts on gift cards can vary greatly from one site to the next, and you could end up spending a significant amount of time trying to hunt down the best deal.

Fortunately, there are some sites that help you find the best deals and save the most money on the specific cards you’re looking for. Some of these sites also buy cards if you have unused gift cards you'd like to sell for cash.

This list is a compilation of discount card sites, but be aware that their deals and requirements are constantly changing, and you should consider the pros and cons carefully before making a purchase.

Key Takeaways

  • Buying discounted gift cards can be a good way to save money, but unless you plan on purchasing in large amounts, the time-to-savings ratio doesn't always warrant the investment.
  • Some card sites will buy back unused cards, but you are unlikely to receive a full credit or the cash equivalent.
  • There are some people who purchase and sell discounted cards independently as a way to generate profit.

Giftcards.com

Giftcards.com says it offers discounts of up to 35% on gift cards from more than 100 name-brand merchants. Some gift cards are only available as gift codes, which means you can only use them for online purchases. To get a physical gift card by mail, you’ll pay about $2 in postage for USPS shipping, which takes five to nine business days.

At the time of this writing, Giftcards.com had Staples electronic gift cards available in a variety of denominations, mostly in the $25 to $95 range, all with an 8% discount. There were quite a few Whole Foods gift cards worth about $25 to $165 being sold at a 6% discount.

There were a few dozen Old Navy gift cards valued at $25 and offering a discount of 15%. There were both physical and electronic Nike gift cards ranging in value from $25 to $105, all with a 6% discount. For many top merchants, there were just one or two gift cards available. With any gift card site, however, inventory can change at any time depending on how much supply is available and how much demand there is.

Cardpool

Cardpool also says it offers discounts of up to 35% on gift cards, and its homepage features gift cards from major merchants such as Home Depot, Petco, and Best Buy. The site has an ample selection of both physical and electronic gift cards, as well as printable electronic gift certificates that can be used online or in-store from dozens of merchants. Physical gift cards ship free via USPS.

At the time of this writing, Cardpool offered a few dozen Best Buy gift cards and gift codes in a variety of denominations starting at $15, all with a 5% discount. There were dozens of Uber email gift cards (good for rides or UberEats) worth $15 to $25 being sold at a 5% discount.

There were dozens of Petco gift cards available, ranging from $25 to $100, with a 4% discount. Restaurant chains Subway, Red Lobster, and TGI Friday's had gift cards discounted anywhere from 4% to 17%. There were no gift cards available for quite a few merchants, including Costco, Walmart, and Target.

Raise

At Raise.com, there were discounts as high as 35% off for a House of Hoops gift card from Foot Locker. Raise might have the broadest selection, with discounted gift cards from nearly 1,000 name-brand merchants. Like Giftcards.com, some gift cards at Raise.com are only available as eGift cards, which means you can only use them for online purchases. The site also sells physical gift cards and printable vouchers. To get a physical gift card by mail, shipping is free.

Unlike the other gift card sites described in this article, Raise lets sellers choose their discount.

At the time of writing, there were hundreds of Target gift cards available, from about $20 to $300, with discounts up to 0.5%. For Lowe's, there were hundreds of gift cards available ranging in value from $25 to $500, with discounts up to 4.2%.As with other sites, only a couple of gift cards were available for certain retailers. Some retailers’ gift cards were in abundant supply.

CardCash

CardCash offers discounts of up to 35% on gift cards from more than 550merchants. The site sells both physical gift cards and printable e-cards. To get a physical gift card by mail, standard USPS shipping is free, and your card should arrive in one to five business days.

At the time of this writing, there were dozens of Whole Foods gift cards worth $9.29 to $256.19being sold at a discount between 2% and 2.7%. Best Buy was well represented, with more than 100 cards valued as little as $5.00and as much as $60.55, with discounts ranging from 2% to 3.14%. There were also a few dozen Gap gift cards in a wide variety of denominations with discounts ranging from 10% to 12.02%, and 90 Target gift cards available for $5 to $82.59, all with discounts of 6% or more.

For Home Depot, there were more than 100 gift cards available in amounts from $5.00 to $199, all with discounts of 1.0%. Autozone gift cards (valid in-store only and not online) had dozens of cards available with discounts ranging from 30.3% to 31.62% for cards valued from $6.38 to $1,255.

Other Considerations

Studies have shown that people spend gift card balances more freely than they spend cash. Some people have the self-control to spend gift cards like cash, but others will spend more than they would have otherwise.

Another problem arises if you want to return something you purchase with a gift card. Instead of getting real money back as you would if you made the purchase with a credit or debit card or with cash, you’ll usually get your refund in the form of a gift card.

You also have to consider the value of your time. A 5% discount at Starbucks sounds great, but when that means getting a $15 gift card for $14.25, you have to ask yourself if it’s worth the trouble just to save 75 cents. At larger denominations, your dollar savings become more significant, but even if you buy a $100 gift card with a 5% discount, you’re only saving $5.

The Bottom Line

Gift card inventory is constantly changing. Because inventories and discounts vary by site, there’s no one best choice for buying discounted gift cards. Giftcards.com, Cardpool, Raise, and CardCash are just a few of the many websites that sell discounted gift cards.

There are several others, and all offer the same basic service: a way to buy retail store gift cards for less than face value. Giftcards.com was the only one that charged for shipping at the time of this writing.

Источник: https://www.investopedia.com/articles/personal-finance/042415/top-websites-discounted-gift-cards.asp

17 Best Places to Sell Gift Cards for Cash (in 2020) Online & Near You

We’ve already shared 12 ways to trade Amazon gift cards.

We’ve also shared a simple way to exchange your gift card for cash instantly.

As you can imagine, there are a lot of ways to sell and trade gift cards – from dedicated marketplaces and websites to forums and communities like Reddit.

Where to Sell Your Gift Cards Online

Today, we’re going to show you the best places where you can get the most bang for your buck when it comes to selling those unused gift cards you got for Christmas (or any other occasions.)

If you’re wondering what the best place to sell gift cards online or in person is, check out our list.

1. Cardpool

Cardpool is one of the most well-known and most trusted gift card exchange platforms out there. In fact, the company has an A+ rating with the Better Business Bureau.

Through Cardpool, you can sell gift cards for cash.

The website offers one of the best rates for unused gift cards. You can earn up to 92% of the card’s value – making it arguably the best place to sell gift cards.

Simply visit the site, tell it which gift card you want to sell, and then get offers.

If you accept the offer, then you need to send your card to Cardpool.

Once Cardpool receives your card, you get paid within 1 business day, via check.

2. Gift Card Granny

Gift Card Granny is another reputable and popular platform.

Through this easy-to-use website, you can sell gift cards for cash or exchange an unwanted gift card for one that you’ll actually use.

You just need to visit the site, search for the brand/store on your gift card, enter the gift card’s balance, and then you can view offers.

What’s interesting about Gift Card Granny is that it allows you to choose from a few different selling options:

  • Sell it now: With this option, you simply choose the best offer and agree to sell your gift card for that price. You can earn up to 92% cash back. And, you receive payment within days. With this option, you get cash quickly.
  • Name your price: This option allows you to list your card online and you have the chance to name your own price. This option takes longer, but you could potentially get paid more. Once you sell and deliver the gift card, you receive payment.
  • Trade in: You exchange your unwanted gift card for a gift card you actually do want. There are dozens of well-known and popular retailers to choose from. Generally, with the trade in option, you receive a higher payout.

3. Raise

Raise is a popular gift card platform, which has been mentioned by a number of major news outlets, like NBC News, ABC News, Today, USA Today and Time Magazine.

Raise is different from many of the other places on this list. Rather than simply receiving an offer, accepting it and getting paid, Raise allows you to list your gift card for sale.

This method of selling unwanted cards can take a bit longer, but it can yield higher payouts.

It’s free to list a card on Raise, but once you sell it, the site takes a 12% commission.

Payments are made via direct deposit, PayPal or check.

4. Coinstar Exchange

Update: Please note that Coinstar Exchange kiosks have been sold to Cardpool. So, if you’re wondering “how to find a gift card exchange near me”, then you’ll need to visit this page on the Cardpool website instead.

If you want to get cash for gift cards instantly, then you should definitely check out Coinstar Exchange.

It’s a company that has kiosks in grocery stores across the United States – finding them is easy as they are bright yellow.

Through a Coinstar Exchange kiosk, you can sell gift cards for cash on the spot.

All you need to do is place your card into the machine and you’ll receive a cash offer. If you accept the offer, the machine prints out a voucher that you can redeem for cash instantly.

5. CardCash

If you’re looking for an easy way to sell your gift card, then check out CardCash.

You just need to visit the website, enter a few details about your card, and you are presented with offers.

One of the best aspects of CardCash is that it allows you to sell cards that are partially used.

You can sell your gift card or exchange it for a different card that you actually want.

Once your order is approved, you get paid via check, PayPal, or direct deposit, within one to two business days.

6. GiftCardSwapping

GiftCardSwapping is a gift card exchange website. Through the site, you can sell your gift cards, or trade them for other gift cards. So, if you want to find a gift card that you’ll use, then you should consider checking out this platform.

When it comes to selling, many people report that GiftCardSwapping doesn’t offer as high a percentage of the gift card’s value compared to other platforms.

It’s reported that the site offers up to 75% of the card’s value, which is much less than companies like CardPool or Coinstar exchange.

Plus, there are fees involved in selling a card through GiftCardSwapping.

On the other hand, swapping a card through the site is free to do, and can offer you more value.

So, this site is definitely not the best place to sell gift cards, but it’s certainly the best option for people who want to exchange them.

7. Monster Gift Card

Selling a gift card through Monster Gift Card is really simple.

You just need to visit the website, find your card’s retailer and get a quote.

If you accept Monster Gift Card’s offer, you simply mail the card to the company, and you get paid via check.

Generally, Monster Gift Card only accepts cards that have a value of $10 to $200.

The site does state, however, that if your gift card is worth more than $200, it might still buy it. You just need to contact the site to get pre-approval.

8. GiftCardBin

Update: GiftCardBin is no longer purchasing gift cards online. If you want to sell your gift card locally at one of their agent stores, go to their “Find a Location Near You” page.

Another good place to unload unwanted gift cards is at GiftCardBin.

What’s great about this company is that you can sell gift cards online and in person.

If you want to sell your card to GiftCardBin online, then you need to submit an online request form. You do this through the website.

You just need to enter a few basic details about your card, like the retailer, the expiration date, and the card’s balance.

This generates a quote for you. If you accept the offer and send the gift card, GiftCardBin will verify your gift card and send payment via PayPal or check.

9. Gameflip

If you have a gaming gift card you don’t want, then check out Gameflip.

On the website, you can get cash for gift cards for places like Xbox Live, Amazon, PSN and Google Play Cards.

Like you do on Raise, at Gameflip, you list your card for sale, rather than selling it directly to the site.

How much you earn for your card depends on how much you list it for – so you really get to set your own price here.

However, Gameflip does state that you’ll have the most success if you list your card for 2% to 15% off the original amount.

With this website you can sell:

  • Unused cards.
  • Prepaid cards.
  • Non-reloadable GC.

Once your GC sells, you get paid. You can choose to withdraw your earnings into:

  • PayPal
  • Your bank account
  • Bitcoin

10. QuickCashMi

Get money for your unwanted GC at QuickCashMI.

With this company, you can sell cards for a huge range of brands, like:

  • Ace Hardware
  • Amazon
  • Bed, Bath & Beyond
  • Gap
  • Macy’s
  • Old Navy
  • Rite Aid

There are a few ways to sell to the company:

  1. In-Person: You can visit one of the company’s locations and sell your card instantly. Although this method allows you to get cash fast, it offers the lowest payout.
  2. Via mail: You can send in your GC by mail. If you do this, you get the payment via check. This method offers the highest payout, but it’s also the slowest. It takes at least 10 business days – so if you’re looking to sell a card fast, then you might want to skip this one.
  3. Redeem online: If you send your GC code online instead, you receive more money than you would, by selling in person, but less than you would by selling it via mail. This method is quicker than sending the card in the mail though – it takes at least 5 business days.

According to the company, you can get up to 90% cash for your cards at select merchants.

11. Check into Cash

Check into Cash is a payday loan company. While we DON’T recommend payday loans, the company does offer a gift card service.

You can sell your GC to Check into Cash and get money in return.

It accepts cards from a range of well-known retailers, like:

The website accepts both new and partially used cards.

You just need to take your card to one of the company’s stores and you will get a quote.

To find your nearest store, visit this page and enter your zip code.

Keep in mind that the brand only accepts cards that have a balance of $20 or more.

Don’t forget to take your driver’s license with you to the store, as your identity will need to be verified.

You get paid immediately.

12. CardKangaroo

CardKangaroo allows you to get cash for your gift card.

You can sell cards for a huge range of retailers and brands, like:

  • Amazon
  • Banana Republic
  • JC Penny
  • Urban Outfitters
  • Pottery Barn

Just get an offer online and then mail your card to the company.

This is free to do, as CardKangaroo gives you a free shipping label.

And, if the brand that you have a card for isn’t on the list of websites, then you can get a custom offer instead.

After the company receives your card, you can get paid within 48 hours.

You can get up to 92% cash back, which is pretty great.

The company doesn’t accept e-gift cards.

13. Reddit Gift Card Exchange

While you might not think of Reddit as a place to sell stuff, you can trade your gift cards on there.

There’s a dedicated sub-Reddit, which we’ve linked to above, for selling and buying unwanted gift cards.

Simply create a post about your card, and set your price.

Then, simply wait for other users to respond.

In this sub-Reddit, users sell their cards, generally for cash via PayPal, or they exchange them for other gift cards.

All you need to get started on Reddit is an account, which is free to create.

14. Gift Me

Get cash for your GC with Gift Me.

Selling with this company is simple, as it features a clean, easy to navigate user interface.

With Gift Me, you can track your inventory, sales and funds easily.

Once your GC sells, you get paid via direct deposit or check.

With the company, you are guaranteed to get paid in seven days or less.

15. Save Ya

On Save Ya, you can get cash for your gift cards in two different ways:

  1. List it for sale

When you do this, you can set your own price. This means that you choose what you earn. Then, when your GC is sold you get paid via the payment method you choose.

  1. Sell it immediately

If you don’t want to list your card and have to wait until someone buys it, then you can choose to sell it to the website instantly. You can sell new and partially used cards. You get paid immediately, via:

With this method, you make cash quick, but you don’t get to set your own price.

You can earn money for cards from a huge selection of brands, from Barnes & Noble to Best Buy.

16. Ebay

If you’d prefer to set your own price for your gift card, rather than selling it directly to a website for the quoted price, consider eBay.

On eBay, you get to list your card and set the price for it that you want.

Of course, eBay does charge fees, so keep that in mind.

17. Purse

If you collect Bitcoin and you have an unwanted gift card for Amazon, then you might want to check out Purse.

With Purse, you can convert Amazon gift cards or Amazon gift card balances into Bitcoin.

You don’t get your traditional cash, but if you’re a fan of cryptocurrencies, then this is the website for you.

Updates

A few of the sites in the original post are either no longer in business or have merged with other sites. I have moved them to this section for archival purposes.

18. Giftcard Zen

Gitfcard Zen is owned by the same company that owns the giant discount and coupon site, RetailMeNot.

Through this platform, you can sell gift cards from a wide range of retailers.

What puts Giftcard Zen a little behind its competitors is its slow payouts. With most of the companies on this list, once your gift card has arrived, you get cash for your gift card within days, or even instantly with companies like Coinstar Exchange.

But, with Giftcard Zen, payment is sent 3 to 4 weeks after your gift card has arrived. That’s pretty slow. But, it makes up in other areas (great customer service, higher percentages, etc) which is why it’s on this list.

19. Card Hub

  • Update: No longer buying gift cards.

Get cash for an unwanted card with Card Hub.

On this website, you can get cash for any gift card.

It’s a really quick process too.

All you need to do to get started is enter the following details about your card:

  • Store/brand name.
  • The amount on it
  • Expiry date

Then Click on “Sell My Gift Card”

What’s great about this company is that you can sell cards worth any amount.

The Bottom Line

Rather than leaving your gift card in a drawer, unwanted, you can sell it and make a profit from it or exchange it for a card that you actually do want.

Again, these are some of the best places to sell your gift cards because you can get the most money for ’em.

Источник: https://moneypantry.com/best-place-sell-gift-cards/

Best gift card exchange sites 2021: Gift card exchange for cash

Doing a gift card exchange for cash is what these dedicated websites are all about, so you can turn an unwanted gift into money to spend on something else. Though the drawback of using these sites is the fee usually charged to do the exchange, as well as the fact you won’t get the full value of the gift card in cash, it’s better than the gift card gathering dust! Most sites offer between 80-85% of the value of the gift card, so if you know you’re not going to make use of the card at all, then it’s still a good return for you.

You don’t need to be in physical possession of the gift card in order to exchange it for cash, with sites also buying credit and digital codes as part of their service due to the increase in e-gift carding. Be wary of websites that are known as less reputable, as some will try and insert hidden fees into the exchange, or withhold payment, and waste your time and money. To give the full picture, we’ve included tried and trusted sites within this guide alongside those which we found to be more unreliable, so you know which ones to opt for. Even when using the best sites there can often be delays in the gift card exchange for cash, so don’t panic if your money takes a few days to come through to you. 

It’s worth noting that some of these exchange sites will also sell ‘second hand’ cards themselves at a lower rate, which might seem like a great deal. On more unsavory websites, however, these codes may not be valid or have already been used, so it’s best to thoroughly check, first in this guide and then through user reviews for those specific sites, on what is being said about their service. For more help deciding where to shop, check out our guides to the best auction sites and the best online shoe stores.


1. Raise: Best gift card exchange overall

Raise

This is the gift card exchange company we’d recommend

Specifications

Buys physical cards?: Yes

Buys store credit?: Yes - limited

Maximum payment: Up to 85% of value

Reasons to buy

+Informative and user-friendly website and app+BBB accredited with an impressive A rating+Cards are guaranteed for 1 year

Reasons to avoid

-Slower payout times than competitors

Raise has a well-designed gift card exchange website. The layout is clean and modern and it's clear where to go to buy, sell and earn rewards. The free mobile app has the same feel and is equally easy to use. One thing we really liked about this exchange website is the shopper guarantee. For an entire year from the day you purchase a gift card, Raise will refund your purchase price if the cards if you've been waiting for a physical card to arrive, it has an incorrect balance or is just simply not the card you ordered. 

Raise offered us good money for our gift cards, and had deals on top retailers with an additional option of cashback where gift cards weren’t available. You're promised around 85-90% of the value when exchanging gift cards for cash, which is low among exchange sites. However, we found during tests that the final amount we received was comparable to other sites, which can levy hidden fees.

You can get paid via PayPal, direct deposit, and a check in the mail (although this last option carries a hefty fee, so we cannot recommend it). Coupled with an impressive A rating from the Better Business Bureau, this is the gift card exchange company we’d recommend. 


2. Gift Card Spread: Best for buying cards

Gift Card Spread

A good option for great value gift cards purchases, but sell elsewhere

Specifications

Buys physical cards?: Yes

Buys digital store credit?: Yes

Maximum payment: Set your price

Reasons to buy

+Simple website, easy to navigate +Some of the best deals we’ve seen 

Reasons to avoid

-A laborious card sale-Poor BBB rating and a history of negative reviews

Gift Card Spread has a large variety of gift cards on offer for impressive discounts of up to 31% - some of the best we’ve seen. This website is easy to use. Retailers are listed alphabetically but you can also search by price, card type, or a multitude of categories. Like other exchange websites, each retailer has a saving of ‘up to’ a certain amount. You can then click to see what your options are.  

However, there isn’t an app on offer which penalises Gift Card Spread when compared to competitors such as CardCash, and the process of selling your card is far too complicated to be worth the hassle. If you're looking to buy cards this is the place to do it, but anyone seeking to exchange or sell should definitely consider other options.


3. CardCash: Best for sellers

CardCash

The rates offered by CardCash were higher than most competitors

Specifications

Buys physical cards?: Yes

Buys digital store credit?: No

Maximum payment: Up to 92% of value

Reasons to buy

+User-friendly app+Fast payout+Option to trade your unwanted card 

Reasons to avoid

-Misleading savings

While it offers ‘up to’ significantly large discounts on vouchers for big retailers, the reality of CardCash is often disappointing with often less than a percentage off full retail price - which really isn’t worth the bother. If you are able to find a good deal, though, then there is a welcome 45-day guarantee on all purchases.

However, if you’re looking to sell your gift card you might be in for more luck. The rates offered by CardCash were higher than most competitors, making them a good option if you want to sell your gift card for as much as possible. The option of PayPal and direct debit payments also mean you can have this money in a matter of days, which is faster than most other gift card exchange companies. 


4. Gift Card Granny: Best selection of cards

Gift Card Granny

While it has many gift cards to buy, it doesn’t offer you the chance to sell

Specifications

Buys physical cards?: Yes

Buys store credit?: No

Maximum payment: Up to 92% of value

Reasons to buy

+BBB accredited with an impressive A rating+Save money on every purchase with cashback

Reasons to avoid

-Modest deals which didn’t impress-It won’t buy your gift card 

With a free app to use on the go and lots of gift card options from dozens of exchange websites and even more retailers, Gift Card Granny has a good selection available, even if this comes in a different form to many of its competitors. If the cashback option appeals to you, this is a good option with the ability to customise eGifts for sending to loved ones. 

A big downside with Gift Card Granny is that, whilst it posts lots of useful, informative content and has many gift cards listed available to buy, it doesn’t offer you the chance to sell your gift card. If that’s what you’re after, this isn’t the site for you. However, Giftcard granny had offers for over 1300 brands, making it one of the most comprehensive sites we looked at.


5. Card Kangaroo: A great inventory of cards

Card Kangaroo

A good all-rounder, with a decent selection of cards

Specifications

Buys physical cards?: Yes

Buys store credit?: No

Maximum payment: Up to 85% of value

Reasons to buy

+Over 1,300 cards on offer+Fast selling process+Free shipping on physical cards...

Reasons to avoid

-... but you have to mail in your card

Card Kangaroo has an inventory of about 1,300 cards as of last November and has served nearly 59,000 customers. You can use this website to buy, sell or trade your unwanted gift cards or simply check the remaining balance of a card you found in your wallet. CardKangaroo guarantees the stated balance up to $500 of purchased gift cards for 100 days from the day you buy them. They accept major credit cards as well as PayPal.

If you're looking to sell cards you simply select the merchant, value of the card and get an offer from the website. This company is unique in that you'll receive a shipping label and be asked to mail your gift card in, rather than simply providing the card's number and other information. If this isn't too much of a hurdle for you, CardKangaroo is a great gift card swap option. You'll receive payment via a check in the mail or through PayPal.

If you'd rather trade for a different gift card you simply click that option after providing information about the card you no longer want. Once you've picked which gift card you want, you'll have to ship yours in before getting the one you swapped it for in the mail.


6. GiftCardBin: Good for customer satisfaction

GiftCardBin

Customers are satisfied, but it isn't the best site out there

Specifications

Buys physical cards?: Yes

Buys store credit?: No

Maximum value: Up to 85% of value

Reasons to buy

+Good customer service+Some good discounts on purchases

Reasons to avoid

-Not BBB accredited

If the other companies we tested aren't giving you the results you want, you might want to consider GiftCardBin. You can search by discount, store, category or your own favorites once you create an account. You can buy electronic or physical gift cards and if you choose the latter you can expect it in the mail within ten business days. Digital cards will appear in your account within two business days - longer than some promise. 

You can also get vouchers printable at home and redeemable in-store for certain retailers. We saw discounts as high as 31% during our testing, which meant you could buy a $140 Lane Bryant card for less than $100. That said, you’d need to be confident in making a large purchase for this deal to pay off. 

We saw some impressive savings with GiftCardBin, so it’s worth signing up for alerts in case any of your favorite retailers crop up with a great deal. Whilst not accredited, an A+ BBB rating indicates a high level of customer satisfaction - one of the major perks of GiftCardBin in comparison with leading sites. 


Why trust us?

We’ve been reviewing gift card exchange websites since 2010, and we know it can seem like a roller coaster. The payout for selling a card and the discounts available when buying them seem to fluctuate almost daily. That’s because it’s a supply-and-demand market. The more of a certain card a website has, the more of a discount they’ll offer on it. On the other hand, if there is a high demand for a small number of cards, the discount will be less.

The gift card market is massive. Physical cards are growing at an annual rate of 6% but digital cards are doing the same at a rate of 200%, according to CardCash.

Marina Hodges, chair of the Retail Gift Card Association said the group is made up of about 90 members representing retailers, card producers, gift card exchanges and others. She said opinions differ by retailer, but most are in support of exchanges.

“If I’m a retailer it’s great for me because then the person who has my card is going to shop with me versus throw it in a drawer,” Hodges said.

Tips and tricks

The RGCA was founded in 2008, and its goal is to grow and preserve the gift card industry. At the same time, the group recognizes the risks associated with using third-party resellers like gift card exchange websites. In an official statement on the RGCA website, users are encouraged to educate themselves on gift card exchanges before using one. It has several tips to keep in mind while shopping for gift cards to ensure you're getting a good deal and avoiding fraud:

  • Use exchange services that verify the balance of a gift card before selling it.
  • Make sure you can track your payout method through the gift card exchange website.
  • Use gift card exchanges with buyer guarantees that are in effect even after you receive your card.
  • Never give out gift card information over the phone to someone claiming to be with the police, a utility company, the government or any other third party. These agencies do not accept payment via gift card.
  • Store your cards in a secure place.
  • Until you’re ready to use the card, leave the scratch-off material on the PIN number on the back of the card.
  • Use gift cards quickly.
  • Read the fine print. Make sure gift cards don't have any extraneous fees.

Why did we not list Cardpool?

The reason we can't recommend Cardpool is that it has an F rating with the BBB, the lowest rating they give. Definitely worth taking into account! We read many reviews that suggested Cardpool did not send out cards or pay the proper amount when purchasing from sellers. As such, we cannot recommend this site, but you are obviously free to consider it.

One of Cardpool’s main advantages is its one year guarantee. Unlike competitors such as CardCash, who only guarantee for 45 days. Cardpool also gives you the option of being paid in Amazon gift cards: a unique offer among the companies we reviewed. We particularly liked the Cardpool app, which gives you access to a digital wallet and allows you to buy gift cards on the go; maybe even while waiting in line at checkout. You can pay in-store directly from your phone and get your shop for less. 

One disadvantage is the app is only available on the Apple App Store. Popular stores see lower discounts. However, it’s still a good way to save a few bucks if you’re making a bigger purchase and it’d add up over time. We saw much bigger discounts on other retailers such as American Eagle, which offered a 17% discount.

What about Cardpool kiosks?

Cardpool is unique in that it offers its gift card exchange service through kiosks. These kiosks are usually located inside another store, such as a Target, and you can locate one using Cardpool's online map search feature. Once you find a location, simply bring all your unwanted gift cards to that store and swipe them at the machine. You can also exchange electronic gift cards.

The downside is the cards must have at least $15 on them and no more than $1,000, so that Starbucks card in your wallet with a couple dollars on it won’t work. You can get up to 85 percent of the card's value at a kiosk, though your return will vary depending on the type of gift card you exchange. The kiosk prompts you to enter your personal information and then offers you cash in return for the cards. Finally, you collect your money from the store's service desk or at the kiosk if you have a reloadable Visa gift card.

To use a kiosk you need a government-issued ID, cell phone number, email address and sometimes a credit card number. This is to prevent fraud and keep someone else from collecting your cash at the store’s service desk. If you are asked to enter credit card information, Cardpool will never charge it without your permission. However, if the gift card you sell was obtained illegally, you could be charged.

If you are used to using Coinstar kiosks you probably noticed some changes in recent years. Cardpool now owns Coinstar Exchange kiosks, so these machines can also be used for counting your change and giving you cash along with exchanging your unwanted gift cards. These machines are usually green. Gift Card Exchange kiosks are yellow and only work with gift cards.

How we found the best gift card exchange websites

We went through every part of these gift card exchange websites to see how well they work and whether they’re worth your time. We bought gift cards from leading retailers and found out how much we could get in return for selling them. We also checked out how big the discounts were on cards available for purchase from top brands. When it was an option, we also downloaded the app to make sure it worked as advertised and while the majority of gift cards out there are digital, we also looked at shipping rates for shoppers looking for a physical gift card.

The number and variety of retailers you can buy gift cards on exchange websites changes all the time. Instead of trying to keep our thumb on how many individual retailers were available, we searched for three big players –  American Eagle, Macy’s and Walmart – at the same time on the same day across all the websites we tested. We then assigned a letter grade corresponding to whether the website had cards available for purchase from those retailers.

We also used the Better Business Bureau to make sure these gift card exchange websites are legitimate. The BBB is a consumer watchdog group which assigns ratings A+ through F to companies based on information from business and customer complaints. These ratings aren’t a guarantee, but they’re helpful in seeing whether businesses and websites have had consistent problems or consumer complaints.

Prepaid vs gift cards

A gift card is essentially like cash you can only spend at a specific store. You use the card until the balance is gone and then discard it, though some retailers allow you to add more money to the card so you can continue spending with it. Not all stores allow you to reload existing cards, and there's a chance the store could give you a new gift card every time you want to add money. One red flag to look for are fees, as gift cards shouldn’t have any. If a retailer tries to charge you a fee for using a gift card, we recommend using another method of payment or simply shopping elsewhere.

Prepaid cards are designed to be reloadable, and as such, they sometimes carry fees. These vary by card, so it’s important to read the fine print if you go this route. These cards are often available from credit card companies like Visa and can be used on everyday expenses. Wallet Hub found prepaid cards can cost a person up to $311 per year in fees though, so if you can, you should opt for cards directly from a bank because they have fewer fees and a more secure guarantee. Or, you can avoid this quagmire altogether and opt for a gift card. If the person can't find anything at the store it's good at, they can use a gift card exchange to swap it for one they’ll love!

Physical vs digital

When exchanging gift cards, make sure you know what you’re getting. Some websites deal only in digital gift cards. This means you’ll receive a code via email, usually within a day or two. These codes can then be used for online shopping, though most retailers will let you use them in person at the cash register if you have all the required information like the full card number and activation code. Some websites will send you a physical gift card in the mail, but that means you’ll have to wait longer for it to arrive. Our research shows it usually takes about seven business days for cards to get to you, but that’s on top of the one or two days it will take for the company to process your order and get it in the mail. If you’re in a hurry, digital gift cards are the way to go. Another thing to keep in mind when deciding between digital and physical gift cards is how organized you are. If dozens of punch cards and gift cards tend to get lost and forgotten in your wallet, a digital card will be much more useful. On the other hand, if your computer’s emails and files aren’t well organized, you might want to opt for something physical you can keep your hands on until you need it.

How much do gift card exchanges cost?

If you’re selling an unwanted gift card, exchange websites take a cut. It depends on the website, card you’re selling and overall demand, but most take 15% or less. If you’re buying gift cards you can expect to see discounts of up to 35%, meaning you’d pay $65 or more for a $100 gift card. This too depends on the retailer and demand for that card. We found these discounts to usually be a bit more modest.

Gift card selection

Because users are buying and selling cards all the time it’s difficult to say exactly how “good” one website’s selection is compared to another. While our tests looked for three well-known gift card retailers across all websites, we acknowledge this is flawed because those cards could reappear or disappear from any site at any time. What we’d recommend is to shop around; if you can’t find the gift card you want on one website, you might be able to find it on another.

Read the fine print

While you’re shopping around, make sure the website you’re using is reputable. We made sure all of the websites we reviewed were secure, but we also found some sketchier options out there we wouldn’t recommend. Make sure wherever you’re shopping has responsive customer service representatives and never give out your credit card number on websites that aren’t secure. Secure websites have a small padlock symbol in the address bar, sometimes accompanied by the word “secure.” We’d also recommend making sure wherever you’re shopping has some kind of buyer’s guarantee so you’re protected when buying from secondary sellers.

Most popular gift cards

According to Wallet Hub, Amazon was the most preferred gift card last year. When you're looking at gift card exchange websites check out Cardpool, which offers Amazon gift cards in exchange for cards from retailers you don't buy from. Visa was the second most preferred gift card, followed by Walmart and then Target. Keep this in mind if you're shopping but don't know what kind of gift card to get a friend or loved one. These retailers are very popular, so the odds are this card will get used. Amazon knocked Walmart out of the No. 1 spot in 2017, which signals the rising popularity of online shopping. Some other preferred gift card brands include Kohl's, Disney, Sephora, Home Depot, McDonald's and Starbucks.

Multi-store gift cards

You've probably seen them at stores like Walmart or CVS. Usually displayed on large stands, you can oftentimes purchase gift cards from numerous retailers without having to visit the store itself. These cards usually work for restaurants or businesses that are owned by the same or partner companies. For example, a Darden Restaurants card works at Olive Garden, Longhorn Steakhouse, Cheddar's and several other eateries. These cards are great if you're unsure what kind of card to get a person or simply don't know much about what they like to eat or buy. Along with more customer choice, these kinds of cards are good because you're protected in case one store or restaurant closes. They also don't have any fees.

Gift card security

Whether it’s around the holidays or not, scammers look for ways to steal information and money. You might feel safe and secure using your debit and credit cards at everyday retailers or big box stores, but some of the largest companies have experienced data breaches that left consumers vulnerable.

It might be easy to use your credit or debit card, but it’s not always safe. In December 2013, Target confirmed the credit and debit card information of roughly 40 million customers had been stolen. The number of customers affected later increased to 70 million. The New York Times reported the company ultimately paid a settlement of $18.5 million plus $202 million in legal fees, but millions still had their personal information stolen. If you shopped at Best Buy in September or October of 2017, you also may have had your information stolen. The same can be said for Sears and Delta Airlines according to USA Today.

Gift cards can help you avoid having your identity or information stolen. Simply purchase gift cards at retailers you frequent with cash and use them like debit cards. This eliminates the need to use a credit or debit card and potentially put your personal information in a vulnerable position. You can also use gift card exchange websites to acquire gift cards and use them to make everyday purchases at stores you frequent. There’s no reason to save a gift card to buy something special, and the added sense of security is a nice bonus.

FAQs

Can I use a gift card anywhere?

Gift cards have to be used at the merchant that is listed on the card. This is of course not the case with multi-store cards, which usually list every store you can use it at on the card. Visa preloaded cards are also an exception, as they can be used anywhere in place of a debit or credit card or cash.

Will a gift card exchange rip me off?

The gift card exchanges we reviewed are all reputable with secure checkout, so your information stays safe. You won’t get 100 percent of the value of the gift card you’re selling, but that’s normal; it’s how gift card exchanges make money.

Will gift card exchanges take my really obscure gift card?

Most gift card exchanges only accept cards from national chains or retailers. A card to your local mom and pop shop most likely won’t sell unless you live in a major city.

Is my gift card expired?

You can find out by visiting the retailer’s website and looking up the balance on your gift card. If you’re still having trouble figuring out your balance you can call customer service or visit the store in person.

What happens if a gift card exchange gives me a card with an inaccurate balance?

Contact customer service for that exchange, and tell them immediately. They’ll be able to right the wrong and get you back any money you lost.

Reusing gift cards

If you know your way around gift card exchanges and have used them many times before, you may have reached the point where you have a bunch of cards with $0 balances. Don’t despair! We here at Top Ten Reviews won’t leave you hanging.

There are a lot of things you can do with a gift card once you've used it. The Balance Everyday, part of Dotdash publishing, recommends putting more money on the card and giving it away as a gift. Cards with beautiful patterns or designs can even be cut into shapes and used as design or scrapbooking embellishments. You can also easily turn an old gift card into a stencil with a pair of scissors. In addition, cutting a jagged or curved edge makes an empty gift card a great pottery tool.

This Old House, a home builders website, has a lot of home improvement uses for old gift cards. For example, they're extremely handy to have in your pocket to use as a straight edge. You can also use a gift card to glue down loose tiles rather than getting a trowel dirty. In addition, the website says gift cards can be used to smooth out air bubbles in wallpaper or to caulk your tub, and you can use one as a miniature paint shield in tight spots.

Pinterest users have also compiled a long list of alternative uses for gift cards, including using them as covers for mini journals, cutting them into shapes to make magnets or recycling them as guitar picks. If you have a sharp enough blade, you can even cut a gift card into a multipurpose tool to keep in your wallet.

Gift card exchange and Reddit

If you're looking to swap gift cards in an unofficial way, one option is Reddit's gift card exchange program. Note, however, that this swap program is merely a community of Reddit users following a set of guidelines. The program is not officially run by a company. As such, there is no one to back up your purchases, and it's possible to get scammed. That said, there are 32,000 traders in the community who swap cards. Because the program is not monitored or controlled by a private company, there’s no one to charge fees to reduce the value of your card; you could get 100 percent of the value of your card if you find the right person to swap with. The GCX Safe Trading Guide outlines the precautions you should take before swapping cards, including verifying a user's account age and karma and making people send you links to their GCX Rep Profiles. Google Chrome users can also add the Reddit Scam Labeler extension to their browser for an added layer of security. Even if you take every precaution, however, it’s possible to get scammed, so we recommend using one of the gift card exchange websites we tested.

Millie is a former writer for Top Ten Reviews who now works across Future's Home portfolio. Her spare time is spent traveling, cooking, playing guitar and she's currently learning how to knit. Millie loves tracking down a good deal and keeping up-to-date on the newest technology and kitchen appliances.  

Источник: https://www.toptenreviews.com/best-gift-card-exchange-sites

Exchange Gift Cards for Cash

‘Cash 4 Gift Cards America’ accepts gift cards from over 650 stores. Google “cash for gift cards near me”and you will see us on the 1st page! We want to help you fast and with a smooth process we intend to do just that!. When you exchange gift cards for cash online here, you will have your money in your account in less than an hour. We have different payment methods available to suit your convenience.

A Simple Process…

Cash For Gift Cards Online

Enter your gift card(s)

We accept gift cards – physical and eCards – from over 650 chains and outlets.

Get the offer

Enter the balance on your card. You will be made an instant payout offer. “Accept” it.

Fill the form

After you accept the offer, fill our form. Let us know some details about you and your gift cards.

Get your cash

Once your gift card is verified and you have paid a $1 refundable fee, we will send you your money through your preferred payment option.

Here is How to Get Cash for your Gift Cards

  1. Search and Accept your Payout: Search for the gift cards you have. We accepts gift cards from over 650 popular stores. Enter the balance on your card and accept the cash amount offered.
  2. Upload your ID: For verification purpose, we require you to upload your gift cards, as well as a valid ID. It could be your driver’s license or any state-issued ID.
  3. Get Your Cash: We will go over your submitted ID. Once verified, we will send you your money in your account in less than an hour. We have various payment methods available from PayPal to Zelle to CashApp and more.

TERMS:

  • We accept gift cards with a minimum balance of $25.
  • We verify your information to safeguard you (and us) from any fraud.
  • When trying to exchange gift cards for cash online, keep your driver’s license or valid state-issued ID with you.

Get Started Now!

‘Cash 4 Gift Cards America’ has made getting cash for gift cards online easier and quicker. We pay out faster than anyone online!

Search For Your

Store Card Here!!

All gift cards must be at least $25 or we will not process your card!

***Please input ('s) on stores that have them so it will appear in the search bar***

Exchange Gift Cards For Cash Online
Источник: https://cash4giftcardsamerica.com/

How to sell, swap or donate unwanted gift cards

If you’ve got a stash of old gift cards crowding your wallet, you’re not alone. Although gift cards make for great last-minute presents and frequently pop up as a redemption option with rewards credit cards, they often end up forgotten or only half-used.

Indeed, a recent survey from Bankrate found that U.S. adults have more than $20 billion in unused gift cards and store credits, with the average person holding onto around $167 in unredeemed funds.

The good news is that instead of letting your gift cards go to waste, you can trade them in for cash, exchange them for more useful cards or donate them to charity, usually in just a few clicks.

How to turn gift cards into cash

If you’re looking to sell gift cards at a discounted price, you shouldn’t have much trouble finding a buyer. According to the National Retail Federation, gift cards have been the most popular item on consumer wish lists for 13 straight years, with 59% of those surveyed requesting gift cards as holiday presents in 2019.

While selling gift cards for cash won’t get you face value for your gift card, having this option could certainly come in handy if you’re short on cash or suspect the retailer that issued the card is headed for bankruptcy. After all, if a store shutters completely, your gift card could lose all its value.

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 you’ve selected your desired payment method – via check in the mail, ACH deposit or PayPal Express Checkout – enter your gift card number and PIN.

If you’d 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.

That said, the site’s selection of alternatives is limited. Currently, you can choose to exchange your gift card for a card at Amazon, Bed Bath & Beyond, CVS Pharmacy, eBay, GameStop, The Home Depot, Lowe’s, Overstock, Starbucks or Uber Eats.

Screenshot of CardCash

Selling gift cards through Raise

Unlike CardCash, Raise.com does not buy gift cards directly from consumers. Instead, Raise hosts an online marketplace where you can list your gift cards for sale or buy from other independent sellers.

Raise does not charge an upfront fee for hosting your gift card listing. Instead, if your card sells, the site deducts a 15% fee (plus $2.75 or 1% of the value of the physical card for shipping) from your final sale price and forwards you the rest. Raise also handles the actual transaction process, so you won’t need to deal directly with buyers. Simply list your cards and ship any physical cards once sold. You can receive payment via check in the mail, PayPal or ACH deposit.

Raise is also unique in letting you set your own price for your gift cards. In theory, this could allow you to squeeze a bit more value out of your cards – but there’s also no guarantee they will sell. CardCash, on the other hand, makes you a guaranteed offer you can take or leave.

For reference, Raise includes a suggested selling price and the discount offered by current card listings when you upload your gift card for sale. You’ll also see how much you’ll earn with Raise’s 15% fee factored in.

Screenshot of Raise

Raise’s suggested sale price is typically higher than the offers available at CardCash. But when you take Raise’s 15% fee into account, the difference is negligible.

For example, Raise suggested we list a $100 Walmart gift card for $99.13. With the 15% fee deducted, we stood to exchange the gift card for $84.26, compared to $88 at CardCash.

Are CardCash and Raise legitimate sites?

Yes, both are legitimate businesses and should offer more security than you’ll 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.

CardCash’s 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 site’s 45-day guarantee expired.

Raise’s customer service rating averages around 1 star on the Better Business Bureau site and 2 stars at Trustpilot. Like CardCash, most of Raise’s complaints relate to issues with buying gift cards, with some customers alleging the site performed a hard pull on their credit report.

We’ve reached out to both companies for comment on their customer service reputation and are awaiting comment.

How to donate gift cards

Another great way to use your unwanted or low-balance gift cards is to donate them to charity, either directly or via a site like GiftCards4Change.

GiftCards4Change’s mission is to “collect, combine and liquidate gift cards through relationships with merchants, corporate sponsorship programs and third-party vendors to maximize the value of your remaining gift card balance.”

This means that even if you’ve used a portion of your gift card, you can donate what’s left of the gift card to GiftCards4Change to make a difference in areas like poverty assistance, education advancement, human trafficking and homelessness. As the site notes, “In some cases, we are able to double [or] triple the value of your donated card with donor match programs and local community initiatives.”

GiftCards4Change sells gift cards as well, with 100% of your purchase going directly to charity.

CardCash has also occasionally offered users the option of donating gift cards to charity instead of exchanging the gift card for cash. The site partnered with Charity on Top for a donation program during Hurricane Harvey and is currently working with St. Jude Children’s Research Hospital.

Unfortunately, donating via CardCash won’t yield the full value of your gift card – for example, a $100 Walmart gift card would get St. Jude’s $88 – so it may be worth contacting a local charity directly about donating unwanted cards instead.

Whichever route you take, be sure to get a receipt for the value of the gift card so that you can claim your donation as a tax deduction.

Bottom line

Whether you decide to sell them for cash, swap for an alternative, or pass on the remaining value to those in need, your old, unwanted or low-balance gift cards can be put to good use.

You may only get back 70%–80% of your card’s value, but that’s certainly better than letting them go to waste.

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

Nouri Zarrugh is a staff editor at CreditCards.com, focusing on credit card reviews, product news and recommendations. Also a fiction writer, he won the Keene Prize for Literature and holds an MFA in creative writing from the Michener Center for Writers at the University of Texas at Austin.

Источник: https://www.creditcards.com/credit-card-news/donate-sell-gift-cards/

How to sell, swap or donate unwanted gift cards

If you’ve got a stash of old gift cards crowding your wallet, you’re not alone. Although gift cards make for great last-minute presents and frequently meredith village savings bank alton nh up as a redemption option with rewards credit cards, they often end up forgotten or only half-used.

Indeed, a recent survey from Bankrate found that U.S. adults have more than $20 billion in unused gift cards and store credits, with the average person holding onto around $167 in unredeemed funds.

The good news is that instead of letting your gift cards go to waste, you can trade them in for cash, exchange them for more useful cards or donate them to charity, usually in just a few clicks.

How to turn gift cards into cash

If you’re looking to sell gift cards at a discounted price, you shouldn’t have much trouble finding a buyer. According to the National Retail Federation, gift cards have been the most popular item on consumer wish lists for 13 straight years, with 59% of those surveyed requesting gift cards as holiday presents in 2019.

While selling gift cards for cash won’t get you face value for your gift card, having this option could certainly come in handy if you’re short on cash or suspect the retailer that issued the card is headed for bankruptcy. After all, if a store shutters completely, your gift card could lose all its value.

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 you’ve selected your desired payment method – via check in the mail, ACH deposit or PayPal Express Checkout – enter your gift card number and PIN.

If you’d 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.

That said, the site’s selection of alternatives is limited. Currently, you can choose to exchange your gift card for a card at Amazon, Bed Bath & Beyond, CVS Pharmacy, eBay, GameStop, The Home Depot, Lowe’s, Overstock, Starbucks or Uber Eats.

Screenshot of CardCash

Selling gift cards through Raise

Unlike CardCash, Raise.com does not buy gift cards directly from consumers. Instead, Raise hosts an online marketplace where you can list your gift cards for sale or buy from other independent sellers.

Raise does not charge an upfront fee for hosting your gift card listing. Instead, if your card sells, the site deducts a 15% fee (plus $2.75 or 1% of the value of the physical card for shipping) from your final sale price and forwards you the rest. Raise also handles the actual transaction process, so you won’t need to deal directly with buyers. Simply list your cards and ship any physical cards once sold. You can receive payment via check in the mail, PayPal or ACH deposit.

Raise is also unique in letting you set your own price for your gift cards. In theory, this could allow you to squeeze a bit more value out of your cards – but there’s also no guarantee they will sell. CardCash, on the other hand, makes you a guaranteed offer you can take or leave.

For reference, Raise includes a suggested selling price and the discount offered by current card listings when you upload your gift card for sale. You’ll also see how much you’ll earn with Raise’s 15% fee factored in.

where can i sell gift cards for cash alt="Screenshot of Raise" width="936" height="548">

Raise’s suggested sale price is typically higher than the offers available at CardCash. But when you take Raise’s 15% fee into account, the difference is negligible.

For example, Raise suggested we list a $100 Walmart gift card for $99.13. With the 15% fee deducted, we stood to exchange the gift card for $84.26, compared to $88 at CardCash.

Are CardCash and Raise legitimate sites?

Yes, both are legitimate businesses and should offer more security than you’ll 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.

CardCash’s 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 site’s 45-day guarantee expired.

Raise’s customer service rating averages around 1 star on the Better Business Bureau site and 2 stars at Trustpilot. Like CardCash, most of Raise’s complaints relate to issues with buying gift cards, with some customers alleging the site performed a hard pull on their credit report.

We’ve reached out to both companies for comment on their customer service reputation and are awaiting comment.

How to donate gift cards

Another great way to use your unwanted or low-balance gift cards is to donate them to charity, either directly or via a site like GiftCards4Change.

GiftCards4Change’s mission is to “collect, combine and liquidate gift cards through relationships with merchants, corporate sponsorship programs and third-party vendors to maximize the value of your remaining gift card balance.”

This means that even if you’ve used a portion of your gift card, you can donate what’s left of the gift card to GiftCards4Change to make a difference in areas like poverty assistance, education advancement, human trafficking and homelessness. As the site notes, “In some cases, we are able to double [or] triple the value of your donated card with donor match programs and local community initiatives.”

GiftCards4Change sells gift cards as well, with 100% of your purchase going directly to charity.

CardCash has also occasionally offered users the option of donating gift cards to charity instead of exchanging the gift card for cash. The site partnered with Charity on Top for a donation program during Hurricane Harvey and is currently working with St. Jude Children’s Research Hospital.

Unfortunately, donating via CardCash won’t yield the full value of your gift card – for example, a $100 Walmart gift card would get St. Jude’s $88 – so it may be worth contacting a local charity directly about donating unwanted cards instead.

Whichever route you take, be sure to get a receipt for the value of the gift card so that you can claim your donation as a tax deduction.

Bottom line

Whether you decide to sell them for cash, swap for an alternative, or pass on the remaining value to those in need, your old, unwanted or low-balance gift cards can be put to good use.

You may only get back 70%–80% of your card’s value, but that’s certainly better than letting them go to waste.

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

Nouri Zarrugh is a staff editor at CreditCards.com, focusing on credit card reviews, product news and recommendations. Also a fiction writer, he won the Keene Prize for Literature and holds an MFA in creative writing from the Michener Center for Writers at the University of Texas at Austin.

Источник: https://www.creditcards.com/credit-card-news/donate-sell-gift-cards/

Best gift card exchange sites 2021: Gift card exchange for cash

Doing a gift card exchange for cash is what these dedicated websites are all about, so you can turn an unwanted gift into money to spend on something else. Though the drawback of using these sites is the fee usually charged to do the exchange, as well as the fact you won’t get the full value of the gift card in cash, it’s better than the gift card gathering dust! Most sites offer between 80-85% of the value of the gift card, so if you know you’re not going to make use of the card at all, then it’s still a good return for you.

You don’t need to be in physical possession of the gift card in order to exchange it for cash, with sites also buying credit and digital codes as part of their service due to the increase in e-gift carding. Be wary of websites that are known as less reputable, as some will try and insert hidden fees into the exchange, or withhold payment, and waste your time and money. To give the full picture, we’ve included tried and trusted sites within this guide alongside those which we found to be more unreliable, so you know which ones to opt for. Even when using the best sites there can often be delays in the gift card exchange for cash, so don’t panic if your money takes a few days to come through to you. 

It’s worth noting that some of these exchange sites will also sell ‘second hand’ cards themselves at a lower rate, which might seem like a great deal. On more unsavory websites, however, these codes may not be valid or have already been used, so it’s best to thoroughly check, first in this guide and then through user reviews for those specific sites, on what is being said about their service. For more help deciding where to shop, check out our guides to the best auction sites and the best online shoe stores.


1. Raise: Best gift card exchange overall

Raise

This is the gift card exchange company we’d recommend

Specifications

Buys physical cards?: Yes

Buys store credit?: Yes - limited

Maximum payment: Up to 85% of value

Reasons to buy

+Informative and user-friendly website and app+BBB accredited with an impressive A rating+Cards are guaranteed for 1 year

Reasons to avoid

-Slower payout times than competitors

Raise has a well-designed gift card exchange website. The layout is clean and modern and it's clear where to go to buy, sell and earn rewards. The free mobile app has the same feel and is equally easy to use. One thing we really liked about this exchange website is the shopper guarantee. For an entire year from the day you purchase a gift card, Raise will refund your purchase price if the cards if you've been waiting for a physical card to arrive, it has an incorrect balance or is just simply not the card you ordered. 

Raise offered us good money for our gift cards, and had deals on top retailers with an additional option of cashback where gift cards weren’t available. You're promised around 85-90% of the value when exchanging gift cards for cash, which is low among exchange sites. However, we found during tests that the final amount we received was comparable to other sites, which can levy hidden fees.

You can get paid via PayPal, direct deposit, and a check in the mail (although this last option carries where can i sell gift cards for cash hefty fee, so we cannot recommend it). Coupled with an impressive A rating from the Better Business Bureau, this is the gift card exchange company we’d recommend. 


2. Gift Card Spread: Best for buying cards

Gift Card Spread

A good option for great value gift cards purchases, but sell elsewhere

Specifications

Buys physical cards?: Yes

Buys digital store credit?: Yes

Maximum payment: Set your price

Reasons to buy

+Simple website, easy to navigate +Some of the best deals we’ve seen 

Reasons to avoid

-A laborious card sale-Poor BBB rating and a history of negative reviews

Gift Card Spread has a large variety of gift cards on offer for impressive discounts of up to 31% - some of the best we’ve seen. This website is easy to use. Retailers are listed alphabetically but you can also search by price, card type, or a multitude of categories. Like other exchange websites, each retailer has a saving of ‘up to’ a certain amount. You can then click to see what your options are.  

However, there isn’t an app on offer which penalises Gift Card Spread when compared to competitors such as CardCash, and the process of selling your card is far too complicated to be worth the hassle. If you're looking to buy cards this is the place to do it, but anyone seeking to exchange or sell should definitely consider other options.


3. CardCash: Best for sellers

CardCash

The rates offered by CardCash were higher than most competitors

Specifications

Buys physical cards?: Yes

Buys digital store credit?: No

Maximum payment: Up to 92% of value

Reasons to buy

+User-friendly app+Fast payout+Option to trade your unwanted card 

Reasons to avoid

-Misleading savings

While it offers ‘up to’ significantly large discounts on vouchers for big retailers, the reality of CardCash is often disappointing with often less than a percentage off full retail price - which really isn’t worth the bother. If you are able to find a good deal, though, then there is capital bank jobs near me welcome 45-day guarantee on all purchases.

However, if you’re looking to sell your gift card you might be in for more luck. The rates offered by CardCash were higher than most competitors, making them a good option if you want to sell your gift card for as much as possible. The option of PayPal and direct debit payments also mean you can have this money in a matter of days, which is faster than most other gift card exchange companies. 


4. Gift Card Granny: Best selection of cards

Gift Card Granny

While it has many gift cards to buy, it doesn’t offer you the chance to sell

Specifications

Buys physical cards?: Yes

Buys store credit?: No

Maximum payment: Up to 92% of value

Reasons to buy

+BBB accredited with an impressive A rating+Save money on every purchase with cashback

Reasons to avoid

-Modest deals which didn’t impress-It won’t buy your gift card 

With a free app to use on the go and lots of gift card options from dozens of exchange websites and even more retailers, Gift Card Granny has a good selection available, even if this comes in a different form to many of its competitors. If the cashback option appeals to you, this is a good option with the ability to customise eGifts for sending to loved ones. 

A big downside with Gift Card Granny is that, whilst it posts lots of useful, informative content and has many gift cards listed available to buy, it doesn’t offer you the chance to sell your gift card. If that’s what you’re after, this isn’t the site for you. However, Giftcard granny had offers for over 1300 brands, making it one of the most comprehensive sites we looked at.


5. Card Kangaroo: A great inventory of cards

Card Kangaroo

A good all-rounder, with a decent selection of cards

Specifications

Buys physical cards?: Yes

Buys store credit?: No

Maximum payment: Up to 85% of value

Reasons to buy

+Over 1,300 cards on offer+Fast selling process+Free shipping on physical cards.

Reasons to avoid

. but you have to mail in your card

Card Kangaroo has an inventory of about 1,300 cards as of last November and has served nearly 59,000 customers. You can use this website to buy, sell or trade your unwanted gift cards or simply check the remaining balance of a card you found in your wallet. CardKangaroo guarantees the stated balance up to $500 of purchased gift cards for 100 days from the day you buy them. They accept major credit cards as well as PayPal.

If you're looking to sell cards you simply select the merchant, value of the card and get an offer from the website. This company is unique in that you'll receive a shipping label and be asked to mail your gift card in, rather than simply providing the card's number and other information. If this isn't too much of a hurdle for you, CardKangaroo is a great gift card swap option. You'll receive payment via a check in the mail or through PayPal.

If you'd rather trade for a different gift card you simply click that option after providing information about where can i sell gift cards for cash card you no longer want. Once you've picked which gift card you want, you'll have to ship yours in before getting the one you swapped it for in the mail.


6. GiftCardBin: Good for customer satisfaction

GiftCardBin

Customers are satisfied, but it isn't the best site out there

Specifications

Buys physical cards?: Yes

Buys store credit?: No

Maximum value: Up to 85% of value

Reasons to buy

+Good customer service+Some good discounts on purchases

Reasons to avoid

-Not BBB accredited

If the other companies we tested aren't giving you the results you want, you might want to consider GiftCardBin. You can search by discount, store, category or your own favorites once you create an account. You can buy electronic or physical gift cards and if you choose the latter you can expect it in the mail within ten business days. Digital cards will appear in your account within two business days - longer than some promise. 

You can also best bank cd rates for 1 year vouchers printable at home and redeemable in-store for certain retailers. We saw discounts as high as 31% during our hancock bank login business, which meant you could buy a $140 Lane Bryant card for less than $100. That said, you’d need to be confident in making a large purchase for this deal to pay off. 

We saw some impressive savings with GiftCardBin, so it’s worth signing up for alerts in case any of your favorite retailers crop up with a great deal. Whilst not accredited, an A+ BBB rating indicates a high level of customer satisfaction - one of the major perks of GiftCardBin in comparison with leading sites. 


Why trust us?

We’ve been reviewing gift card exchange websites since 2010, and we know it can seem like a roller coaster. The payout for selling a card and the discounts available when buying them seem to fluctuate almost daily. That’s because it’s a supply-and-demand market. The more of a certain card a website has, the more of a discount they’ll offer on it. On the other hand, if there is a high demand for a small number of cards, the discount will be less.

The gift card market is massive. Physical cards are growing at an annual rate of 6% but digital cards are doing the same at a rate of 200%, according to CardCash.

Marina Hodges, chair of the Retail Gift Card Association said the group is made up of about 90 members representing retailers, card producers, gift card exchanges and others. She said opinions differ by retailer, but most are in support of exchanges.

“If I’m a retailer it’s great for me because then the person who has my card is going to shop with me versus throw it in a drawer,” Hodges said.

Tips and tricks

The RGCA was founded in 2008, and its goal is to grow and preserve the gift card industry. At the same time, the group recognizes the risks associated with using third-party resellers like gift card exchange websites. In an official statement on the RGCA website, users are encouraged to educate themselves on gift card exchanges before using one. It has several tips to keep in mind while shopping for gift cards to ensure you're getting a good deal and avoiding fraud:

  • Use exchange services that verify the balance of a gift card before selling it.
  • Make sure you can track your payout method through the gift card exchange website.
  • Use gift card exchanges with buyer guarantees that are in effect even after you receive your card.
  • Never give out gift card information over the phone to someone claiming to be with the police, a utility company, the government or any other third party. These agencies do not accept payment via gift card.
  • Store your cards in a secure place.
  • Until you’re ready to use the card, leave the scratch-off material on the PIN number on the back of the card.
  • Use gift cards quickly.
  • Read the fine print. Make sure gift cards don't have any extraneous fees.

Why did we not list Cardpool?

The reason we can't recommend Cardpool is that it has an F rating with the BBB, the lowest rating they give. Definitely worth taking into account! We read many reviews that suggested Cardpool did not send out cards or pay the proper amount when purchasing from sellers. As such, we cannot recommend how to open a bank account site, but you are obviously free to consider it.

One of Cardpool’s main advantages is its one year guarantee. Unlike competitors such as CardCash, who only guarantee for 45 days. Cardpool also gives you the option of being paid in Amazon gift cards: a unique offer among the companies we reviewed. We particularly liked the Cardpool app, which gives you access to a digital wallet and allows you to buy gift cards on the go; maybe even while waiting in line at checkout. You can pay in-store directly from your phone and get your shop for less. 

One disadvantage is the app is only available on the Apple App Store. Popular stores see lower discounts. However, it’s still a good way to save a few bucks if you’re making a bigger purchase and it’d add up over time. We saw much bigger discounts on other retailers such as American Eagle, which offered a 17% discount.

What about Cardpool kiosks?

Cardpool is unique in that it offers its gift card exchange service through kiosks. These kiosks are usually located inside another store, such as a Target, and you can locate one using Cardpool's online map search feature. Once you find a location, simply bring all your unwanted gift cards to that store and swipe them at the machine. You can also exchange electronic gift cards.

The downside is the cards must have at least $15 on them and no more than $1,000, so that Starbucks card in your wallet with a couple dollars on it won’t work. You can get up to 85 percent of the card's value at a kiosk, though your return will vary depending on the type of gift card you exchange. The kiosk prompts you to enter your personal information and then offers you cash in return for the cards. Finally, you collect your money from the store's service desk or at the kiosk if you have a reloadable Visa gift card.

To use a kiosk you need a government-issued ID, cell phone number, email address and sometimes a credit card number. This is to prevent fraud and keep someone else from collecting your cash at the store’s service desk. If you are asked to enter credit card information, Cardpool will never charge it ssc north america your permission. However, if the gift card you sell was obtained illegally, you could be charged.

If you are used to using Coinstar kiosks you probably noticed some changes in recent years. Cardpool now owns Coinstar Exchange kiosks, so these machines can also be used for counting your change and giving you cash along with exchanging your unwanted gift cards. These machines are usually green. Gift Card Exchange kiosks are yellow and only work with gift cards.

How we found the best gift card exchange websites

We went through every part of these gift card exchange websites to see how well they work and whether they’re worth your time. We bought gift cards from leading retailers and found out how much we could get in return for selling them. We also checked out how big the discounts were on cards available for purchase from top brands. When it was an option, we also downloaded the app to make sure it worked as advertised and while the majority of gift cards out there are digital, we also looked at shipping rates for shoppers looking for a physical gift card.

The number and variety of retailers you can buy gift cards on exchange websites changes all the time. Instead of trying to keep our thumb on how many individual retailers were available, we searched for three big players –  American Eagle, Macy’s and Walmart – at the same time on the same day across all the websites we tested. We then assigned a letter grade corresponding to whether the website had cards available for purchase from those retailers.

We also used the Better Business Bureau to make sure these gift card exchange websites are legitimate. The BBB is a consumer watchdog group which assigns ratings A+ through F to companies based on information from business and customer complaints. These ratings aren’t a guarantee, but they’re helpful in seeing whether businesses and websites have had consistent problems or consumer complaints.

Prepaid vs gift cards

A gift card is essentially like cash you can only spend at a specific store. You use the card until the balance is gone and then discard it, though some retailers allow you to add more money to the card so you can continue spending with it. Not all stores allow you to reload existing cards, and there's a chance the store could give you a new gift card every time you want to add money. One red flag to look for are fees, as gift cards shouldn’t have any. If a retailer tries to charge you a fee for using a gift card, we recommend using another method of payment or simply shopping elsewhere.

Prepaid cards are designed to be reloadable, and as such, they sometimes carry fees. These vary by card, so it’s important to read the fine print if you go this route. These cards are often available from credit card companies like Visa and can be used on everyday expenses. Wallet Hub found prepaid cards can cost a person up to $311 per year in fees though, so if you can, you should opt for cards directly from a bank because they have fewer fees and a more secure guarantee. Or, you can avoid this quagmire altogether and opt for a gift card. If the person can't find anything at the store it's good at, they can use a gift card exchange to swap it for one they’ll love!

Physical vs digital

When exchanging gift cards, make sure you know what you’re getting. Some websites deal only in digital gift cards. This means you’ll receive a code via email, usually within a day or two. These codes can then be used for online shopping, though most retailers will let you use them in person at the cash register if you have all the required information like the full card number and activation code. Some websites will send you a physical gift card in the mail, but that means you’ll have to wait longer for it to arrive. Our research shows it usually takes about seven business days for cards to get to you, but that’s on top of the one or two days it will take for the company to process your order and get it in the mail. If you’re in a hurry, digital gift cards are the way to go. Another thing to keep in mind when deciding between digital and physical gift cards is how organized you are. If dozens of punch cards and gift cards tend to get lost and forgotten in your wallet, a digital card will be much more useful. On the other hand, if your computer’s emails and files aren’t well organized, you might want to opt for something physical you can keep your hands on until you need it.

How much do gift card exchanges cost?

If you’re selling an unwanted gift card, exchange websites take a cut. It depends on the website, card you’re selling and overall demand, but most take 15% or less. If you’re buying gift cards you can expect to see discounts of up to 35%, meaning you’d pay $65 or more for a $100 gift card. This too depends on the retailer and demand for that card. We found these discounts to usually be a bit more modest.

Gift card selection

Because users are buying and selling cards all the time it’s difficult to say exactly how “good” one website’s selection is compared to another. While our tests looked for three well-known gift card retailers across all websites, we acknowledge this is flawed because those cards could reappear or disappear from any site at any time. What we’d recommend is to shop around; if you can’t find the gift card you want on one website, you might be able to find it on another.

Read the fine print

While you’re shopping around, make sure the website you’re using is reputable. We made sure all of the websites we reviewed were secure, but we also found some sketchier options out there we wouldn’t recommend. Make sure wherever you’re shopping has responsive customer service representatives and never give out your credit card number on websites that aren’t secure. Secure websites have a small padlock symbol in the address bar, sometimes accompanied by the word “secure.” We’d also recommend making sure wherever you’re shopping has some kind of buyer’s guarantee so you’re protected when buying from secondary sellers.

Most popular gift cards

According to Wallet Hub, Amazon was the most preferred gift card last year. When you're looking at gift card exchange websites check out Cardpool, which offers Amazon gift cards in exchange for cards from retailers you don't buy from. Visa was the second most preferred gift card, followed by Walmart and then Target. Keep this in mind if you're shopping but don't know what kind of gift card to get a friend or loved one. These retailers are very popular, so the odds are this card will get used. Amazon knocked Walmart out of the No. 1 spot in 2017, which signals the rising popularity of online shopping. Some other preferred gift card brands include Kohl's, Disney, Sephora, Home Depot, McDonald's and Starbucks.

Multi-store gift cards

You've probably seen them at stores like Walmart or CVS. Usually displayed on large stands, you can oftentimes purchase gift cards from numerous retailers without having to visit the store itself. These cards usually work for restaurants or businesses that are owned by the same or partner companies. For example, a Darden Restaurants card works at Olive Garden, Longhorn Steakhouse, Cheddar's and several chase bank account sign in eateries. These cards are great if you're unsure what kind of card to get a person or simply don't know much about what they like to eat or buy. Along with more customer choice, these kinds of cards are good because you're protected in case one store or restaurant closes. They also don't have any fees.

Gift card security

Whether it’s around the holidays or not, scammers look for ways to steal information and money. You might feel safe and secure using your debit and credit cards at everyday retailers or big box stores, but some of the largest companies have experienced data breaches that left consumers vulnerable.

It might be easy to use your credit or debit card, but it’s not always safe. In December 2013, Target confirmed the credit and debit card information of roughly 40 million customers had been stolen. The number of customers affected later increased to 70 million. The New York Times home makeover shows list the company ultimately paid a settlement of $18.5 million plus $202 million in legal fees, but millions still had their personal information stolen. If you shopped at Best Buy in September or October of 2017, you also may have had your information stolen. The same can be said for Sears and Delta Airlines according to USA Today.

Gift cards can help you avoid having your identity or information stolen. Simply purchase gift cards at retailers you frequent with cash and use them like debit cards. This eliminates the need to use a credit or debit card and potentially put your personal information in a vulnerable position. You can also use gift card exchange websites to acquire gift cards and use them to make everyday purchases at stores you frequent. There’s no reason to save a gift card to buy something special, and the added sense of security is a nice bonus.

FAQs

Can I use a gift card anywhere?

Gift cards have to be used at the merchant that is listed on the card. This is of course not the case with multi-store cards, which usually list every store you can use it at on the card. Visa preloaded cards are also an exception, as they can be used anywhere in place of a debit or credit card or cash.

Will a gift card exchange rip me off?

The gift card exchanges we reviewed are all reputable with secure checkout, so your information stays safe. You won’t get 100 percent of the value of the gift card you’re selling, but that’s normal; it’s how gift card exchanges make money.

Will gift card exchanges take my really obscure gift card?

Most gift card exchanges only accept cards from national chains or retailers. A card to your local mom and pop shop most likely won’t sell unless you live in a major city.

Is my gift card expired?

You can find out by visiting the retailer’s website and looking up the balance on your gift card. If you’re still having trouble figuring out your balance you can call customer service or visit the store in person.

What happens if a gift card exchange gives me a card with an inaccurate balance?

Contact customer service for that exchange, and tell them immediately. They’ll be able to right the wrong and get you back any money you lost.

Reusing gift cards

If you know your way around gift card exchanges and have used them many times before, you may have reached the point where you have a bunch of cards with $0 balances. Don’t despair! We here at Top Ten Reviews won’t leave you hanging.

There are a lot of things you can do with a gift card once you've used it. The Balance Everyday, part of Dotdash publishing, recommends putting more money on the card and giving jp morgan chase bank customer service away as a gift. Cards with beautiful patterns or designs can even be cut into shapes and used as design or scrapbooking embellishments. You can also easily turn an old gift card into a stencil with a pair of scissors. In addition, cutting a jagged or curved edge makes an empty gift card a great pottery tool.

This Old House, a home builders website, has a lot of home improvement uses for old gift cards. For example, they're extremely handy to have in your pocket to use as a straight edge. You can also use a gift card to glue down loose tiles rather than getting a trowel dirty. In addition, the website says gift cards can be used to smooth out air bubbles in wallpaper or to caulk your tub, and you can use one as a miniature paint shield in tight spots.

Pinterest users have also compiled a long list of alternative uses for gift cards, including using them as covers for mini journals, cutting them into shapes to make magnets or recycling them as guitar picks. If you have a sharp enough blade, you can even cut a gift card into a multipurpose tool to keep in your wallet.

Gift card exchange and Reddit

If you're looking to swap gift cards in an unofficial way, one option is Reddit's gift card exchange program. Note, however, that this swap program is merely a community of Reddit users following a set of online trading academy brooklyn brooklyn ny 11217. The program is not officially run by a company. As such, there is no one to back up your purchases, and it's possible to get scammed. That said, there are 32,000 traders in the community who swap cards. Because the program is not monitored or controlled by a private company, there’s no one to charge fees to reduce the value of your card; you could get 100 percent of the value of your card if you find the right person to swap with. The GCX Safe Trading Guide outlines the precautions you should take before swapping cards, including verifying a user's account age and karma and fulton ny weather 10 day people send you links to their GCX Rep Profiles. Jp morgan chase bank customer service Chrome users can also add the Reddit Scam Labeler extension to their browser for an added layer of security. Even if you take every precaution, however, it’s possible to get scammed, so we recommend using one of the gift card exchange websites we tested.

Millie is a former writer for Top Ten Reviews who now works across Future's Home portfolio. Her spare time is spent traveling, cooking, playing guitar and she's currently learning how to knit. Millie loves tracking down a good deal and keeping up-to-date on the newest technology and kitchen appliances.  

Источник: https://www.toptenreviews.com/best-gift-card-exchange-sites

17 Best Places to Sell Gift Cards for Cash (in 2020) Online & Near You

We’ve already shared 12 ways to trade Amazon gift cards.

We’ve also shared a simple way to exchange your gift amazon app logo for cash instantly.

As you can imagine, there are a lot of ways to sell and trade gift cards – from dedicated marketplaces and websites to forums and communities like Reddit.

Where to Sell Your Gift Cards Online

Today, we’re going to show you the best places where you can get the most bang for your buck when it comes to selling those unused gift cards you got for Christmas (or any other occasions.)

If you’re wondering what the best place to sell gift cards online or in person is, check out our list.

1. Cardpool

Cardpool is one of the most well-known and most trusted gift card exchange platforms out there. In fact, the company has an A+ rating with the Better Business Bureau.

Through Cardpool, you can sell gift cards for cash.

The website offers one of the best rates for unused gift cards. You can earn up to 92% of the card’s value – making it arguably the best place to sell gift cards.

Simply visit the site, tell it which gift card you want to sell, and then get offers.

If you accept the offer, then you need to send your card to Cardpool.

Once Cardpool receives your card, you get paid within 1 business day, via check.

2. Gift Card Granny

Gift Card Granny is another reputable and popular platform.

Through this easy-to-use website, you can sell gift cards for cash or exchange an unwanted gift card for one that you’ll actually use.

You just need to visit the site, search for the brand/store on your gift card, enter the gift card’s balance, and then you can view offers.

What’s interesting about Gift Card Granny is that it allows you to choose from a few different selling options:

  • Sell it now: With this option, you simply choose the best offer and agree to sell your gift card for that price. You can earn up to 92% cash back. And, you receive payment within days. With this option, you get cash quickly.
  • Name your price: This option allows you to list your card online and you have the chance to name your own price. Where can i sell gift cards for cash option takes longer, but you could potentially get paid more. Once you sell and deliver the gift card, you receive payment.
  • Trade in: You exchange your unwanted gift card for a gift card you actually do want. There are dozens of well-known and popular retailers to choose from. Generally, with the trade in option, you receive a higher payout.

3. Raise

Raise is a popular gift card platform, which has been mentioned by a number of major news outlets, like NBC News, ABC News, Today, USA Today and Time Magazine.

Raise is different from many of the other places on this list. Rather than simply receiving an offer, accepting it and getting paid, Raise allows you to list your gift card for sale.

This method of selling unwanted cards can take a bit longer, but it can yield higher payouts.

It’s free to list a card on Raise, but once you sell it, the site takes a 12% commission.

Payments are made via direct deposit, PayPal or check.

4. Coinstar Exchange

Update: Please note that Coinstar Exchange kiosks have been sold to Cardpool. So, if you’re wondering “how to find a gift card exchange near me”, then you’ll need to visit this page on the Cardpool website instead.

If you want to get cash for gift cards instantly, then you should definitely check out Coinstar Where can i sell gift cards for cash a company that has kiosks in grocery stores across the United States – finding them is easy as they are bright yellow.

Through a Coinstar Exchange kiosk, you can sell gift cards for cash on the spot.

All you need to do is place your card into the machine and you’ll receive a cash offer. If you accept the offer, the machine prints out a voucher that you can redeem for cash instantly.

5. CardCash

If you’re looking for an easy way to sell your gift card, then check out CardCash.

You just need to visit the website, enter a few details about your card, and you are presented with offers.

One of the best aspects of CardCash is that it allows you to sell cards that are partially used.

You can sell your gift card or exchange it for a different card that you actually want.

Once your order is approved, you get paid via check, PayPal, or direct deposit, within one to two business days.

6. GiftCardSwapping

GiftCardSwapping is a gift card exchange website. Through the site, you can sell your gift cards, or trade them for other gift cards. So, if you want to find a gift card that you’ll use, then you should consider checking out this platform.

When it comes to selling, many people report that GiftCardSwapping doesn’t offer as high a percentage of the gift card’s value compared to other platforms.

It’s reported that the site offers up to 75% of the card’s value, which is much less than companies like CardPool or Coinstar exchange.

Plus, there are fees involved in selling a card through GiftCardSwapping.

On the other hand, swapping a card through the site is free to do, and can offer you more value.

So, this site is definitely not the best place to sell gift cards, but it’s certainly the best option for people who want to exchange them.

7. Monster Gift Card

Selling a gift card through Monster Gift Card is really simple.

You just need to visit the website, find your card’s retailer and get a quote.

If you accept Monster Gift Card’s offer, you simply mail the card to the company, and you get paid via check.

Generally, Monster Gift Card only accepts cards that have a value of $10 to $200.

The site does state, however, that if your gift card is worth more than $200, it might still buy it. You just need to contact the site to get pre-approval.

8. GiftCardBin

Update: GiftCardBin is no longer purchasing gift cards online. If you want to sell your gift card locally at one of their agent stores, go to their “Find a Location Near You” page.

Another good place to unload unwanted gift cards is at GiftCardBin.

What’s great about this company is that you can sell gift cards online and in person.

If you want to sell your card to GiftCardBin online, then you need to submit an online request form. You do this through the website.

You just need to enter a few basic details about your card, like the retailer, the expiration date, and the card’s balance.

This generates a quote for you. If you accept the offer and send the gift card, GiftCardBin will verify your gift card and send payment via PayPal or check.

9. Gameflip

If you have a gaming gift card you don’t want, then check out Gameflip.

On the website, you can get cash for gift cards for places like Xbox Live, Amazon, PSN and Google Play Cards.

Like you do on Raise, at Gameflip, you list your card for sale, rather than selling it directly to the site.

How much you earn for your card depends on how much you list it for – so you really get to set your own price here.

However, Gameflip does state that you’ll have the most success if you list your card for 2% to 15% off the original amount.

With this website you can sell:

  • Unused cards.
  • Prepaid cards.
  • Non-reloadable GC.

Once your GC sells, you get paid. You can choose to withdraw your earnings into:

  • PayPal
  • Your bank account
  • Bitcoin

10. QuickCashMi

Get money for your unwanted GC at QuickCashMI.

With this company, you can sell cards for a huge range of brands, like:

  • Ace Hardware
  • Amazon
  • Bed, Bath & Beyond
  • Gap
  • Macy’s
  • Old Navy
  • Rite Aid

There are a few ways to sell to the company:

  1. In-Person: You can visit one of the company’s locations and sell your card instantly. Although this method allows you to get cash fast, it offers the lowest payout.
  2. Via mail: You can send in your GC by mail. If you do this, you get the payment via check. This method offers the highest payout, but it’s also the slowest. It takes at least 10 business days – so if you’re looking to sell a card fast, then you might want to skip this one.
  3. Redeem online: If you send your GC code online instead, the reach key west spa receive more money than you would, by selling in person, but less than you would by selling it via mail. This method is quicker than sending the card in the mail though – it takes at least 5 business days.

According to the company, you can get up to 90% cash for your cards at select merchants.

11. Check into Cash

Check into Cash is a payday loan company. While we DON’T recommend payday loans, the company does offer a gift card service.

You can sell your GC to Check into Cash and get money in return.

It accepts cards from a range of well-known retailers, like:

The website accepts both new and partially used cards.

You just need to take your card to one of the company’s stores and you will get a quote.

To find your nearest store, visit this page and enter your zip code.

Keep in mind that the brand only accepts cards that have a balance of $20 or more.

Don’t forget to take your driver’s license with you to the store, as your identity will need to be verified.

You get paid immediately.

12. CardKangaroo

CardKangaroo allows you to get cash for your gift card.

You can sell cards for a huge range of retailers and brands, like:

  • Amazon
  • Banana Republic
  • JC Penny
  • Urban Outfitters
  • Pottery Barn

Just groves funeral home union wv an offer online and then mail where can i sell gift cards for cash card to the company.

This is free to do, as CardKangaroo gives you a free shipping label.

And, if the brand that you have a card for isn’t on the list of websites, then you can get a custom offer instead.

After the company receives your card, you can get paid within 48 hours.

You can get up to 92% cash back, which is pretty great.

The company doesn’t accept e-gift cards.

13. Reddit Gift Card Exchange

While you might not think of Reddit as a place to sell stuff, you can trade your gift cards on there.

There’s a dedicated sub-Reddit, which we’ve linked to above, for selling and buying unwanted gift cards.

Simply create a post about your card, and set your price.

Then, simply wait for other users to respond.

In this sub-Reddit, users sell their cards, generally for cash via PayPal, or they exchange them for other gift cards.

All you need to get started on Reddit is an account, which is free to create.

14. Gift Me

Get cash for your GC with Gift Me.

Selling with this company is simple, as it features a clean, easy to navigate user interface.

With Gift Me, you can track your inventory, sales and funds easily.

Once your GC sells, you get paid via direct deposit or check.

With the company, you are guaranteed to get paid in seven days or less.

15. Save Ya

On Save Ya, you can get cash for your gift cards in two different ways:

  1. List it for sale

When you do this, you can set your own price. This means that you choose what you earn. Then, when your GC is sold you get paid via the payment method you choose.

  1. Sell it immediately

If you don’t want to list your card and have to wait until someone buys it, then you can choose to sell it to the website instantly. You can sell new and partially used cards. You get paid immediately, via:

With this method, you make cash quick, but you don’t get to set your own price.

You can earn money for cards from a huge selection of brands, from Barnes & Noble to Best Buy.

16. Ebay

If you’d prefer to set your own price for your gift card, rather than selling it directly to a website for the quoted price, consider eBay.

On eBay, you get to list your card and set the price for it that you want.

Of course, eBay does charge fees, so keep that in mind.

17. Purse

If you collect Bitcoin and you have an unwanted gift card for Amazon, then you might want to check out Purse.

With Purse, you can convert Amazon gift cards or Amazon gift card balances into Bitcoin.

You don’t get your traditional cash, but if you’re a fan of cryptocurrencies, then this is the website for you.

Updates

A few of the sites in the original post are either no longer in business or have merged with other sites. I have moved them to this section for archival purposes.

18. Giftcard Zen

Gitfcard Zen is owned by the same company that owns the giant discount and coupon site, RetailMeNot.

Through this platform, you can sell gift cards from a wide range of retailers.

What puts Giftcard Zen a little behind its competitors is its slow payouts. With most of the companies on this list, once your gift card has arrived, you get cash for your gift card within days, or even instantly with companies like Coinstar Exchange.

But, with Giftcard Zen, payment is sent 3 to 4 weeks after your gift card has arrived. That’s pretty slow. But, it makes up in other areas (great customer service, higher percentages, etc) which is why it’s on this list.

19. Card Hub

  • Update: No longer buying gift cards.

Get cash for an unwanted card with Card Hub.

On this website, you can get cash for any gift card.

It’s a really quick process too.

All you need to do to get started is enter the following details about your card:

  • Store/brand name.
  • The amount on it
  • Expiry date

Then Click on “Sell My Gift Card”

What’s great about this company is that you can sell state bank of cross plains worth any amount.

The Bottom Line

Rather than leaving your gift card in a drawer, unwanted, you can sell it and make a profit from it or exchange it for a card that you actually do want.

Again, these are some of the best places to sell your gift cards because you can get the most money for ’em.

Источник: https://moneypantry.com/best-place-sell-gift-cards/

How to sell gift cards for cash safely online

Sure, it’s the thought that counts. But sometimes you get a gift card you really don’t want or can’t use.

Maybe you don’t eat at that restaurant. Maybe there’s no store nearby. Maybe there’s not enough value on the card and you would need to spend your own money to buy something.

Unless you can regift it, chances are you’ll toss that card in a drawer or put it in your wallet, and hope you’ll find a way to use it someday. But will you?

About 6 percent of all gift cards are never used, according to Anduro Marketing. If you haven’t used the card within 180 days, chances are you won’t, according to the Paytronix Annual Gift Card Sales Report 2019.

Rather than losing money, why not sell the card? You won’t get full value for it, but it’s better than losing the card or forgetting to use it. That’s a 100 percent loss.

“I’d rather see people spend their gift cards, redeem them, and get the full value, but I really like the fact that there’s a backup plan if you can’t do that — sell them,” said Shelley Hunter, Gift Card Girlfriend at GiftCards.com.

Where to sell your unwanted gift cards

The market has greatly consolidated in the last year. Most gift card websites now focus on selling cards at a discount or buying in bulk.

The two main sites that still buy unwanted gift cards from individuals are Raise and Cardpool — and they have very different business models. Cardpool buys cards directly from consumers. Raise lets you list the cards you want to sell on their marketplace.

Related

Cardpool

Founded in 2009, Cardpool buys physical and the giving keys inc cards from about 250 major retailers, including clothing and department stores, movie theatres, jewelry and electronics stores, restaurants, pet and auto parts stores, and supermarkets.

“What we pay really depends on the popularity of the brand and what we can sell it for after we purchase it,” said David Jones, Cardpool’s CEO. “For a card that’s really in high demand, like iTunes, Walmart and Target, we would pay as bank of america q4 2017 earnings as 92 percent of the value, whereas for less popular cards there may be a discount of 20 to 30 percent.”

The process is simple and quick. Just enter the brand, card code and balance. Once that information is verified, Cardpool will make you an offer. In most cases, you won’t need to send the physical card.

There are two payment options: Amazon eGift card or a check in the mail. You’ll get 6 percent more if you choose the Amazon e-gift card. For example, we went to the Cardpool site to get an instant quote on selling a $100 Nordstrom gift card. Cardpool offered $70 via check and $74.20 via Amazon eGift card.

In the next few months, the company plans to offer a few other payment options, such as Venmo, PayPal and Western Union.

Cardpool CEO Jones pointed out that the company received some bad reviews last year. The site now has new management, he noted.

“For anyone who had a bad experience, I want them to know that those customer service issues have been fixed,” Jones told NBC News BETTER.

Raise

Raise is a marketplace for selling gift cards. It accepts listings for thousands of major brands for free. You get to set the price.

If the card sells, Raise collects the money from the buyer, deducts a 15 percent fulton ny weather 10 day and forwards the balance via check, PayPal Funds or ACH direct deposit.

Since Raise acts as the middleman in the transaction, neither the seller nor the buyer should worry about fraud. “We have 3 million customers, so we’re able to drive traffic and move cards really quickly,” said CEO Jay Klauminzer.

How much of a discount do you need to offer to get that card to sell? Raise can help you with that.

“We have hundreds of thousands of cards listed, so we've got enough data over time, that we can really tell a person what they're going to need to sell it at,” Klauminzer explained.

For popular cards, such as Costco, Target or Walmart, you can offer a very small discount, between 1 and 2 percent, and it will sell, Klauminzer told NBC News BETTER.

Источник: https://www.nbcnews.com/better/lifestyle/get-gift-card-you-don-t-want-here-s-how-ncna1124041

Do you want to sell gift cards that you aren’t using? Or are you hoping to buy a gift card at a discount?

There are a few gift card marketplaces where you can buy and sell online. I’ll break down a few of the best options in this article. I’ll also discuss how where can i sell gift cards for cash avoid fraud and reveal why money expert Clark Howard prefers cash to gift cards.


Table of Contents


How Do I Sell My Unused Gift Cards?

If there’s a gift card taking up space in your wallet or cluttering your bedside table, you can always sell it for cash.

It’s possible to sell gift cards just about anywhere you can sell things online. Just make sure you get compensation before you give away your card number and PIN. Otherwise, the “buyer” could wipe out your card balance before you see a penny.

There are websites that people visit specifically to buy and sell unused gift cards. I’ll go over a few of the primary options in this article.


How Much Money Can I Make Selling My Gift Cards?

One of my favorite gift card marketplace options, CardCash, claims to buy gift cards for up to 92% of your card balance. So it’s possible to get nice cash offers if you want to sell gift cards.

Most sites that disclose their maximum payouts as percentages don’t even approach 90%. So the amount of money you’ll get will probably be considerably less than your card balance. The exact amount depends on which website you use, how popular the brand is that you’re trying to sell and how much of that brand’s inventory the site already has listed.

Some gift card sites are more complicated than others. But most, if not all, sites that allow you to sell gift cards will make you an offer for your card or tell you the current lowest listing price for that brand within seconds. So you can compare price points rather easily.

Some websites will buy your gift card outright (and then re-sell it themselves). Others will only allow you to list your gift card for sale to other customers.


Buy & Sell Gift Cards: Reviewing the Options

There aren’t 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, there’s 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.

1. CardCash

Out of the gift card marketplaces I researched, CardCash is the one I’d feel most comfortable using myself.

It offers a 45-day guarantee on all gift card purchases you make on the site. CardCash also makes it super easy to get an offer on a card you want to sell. Type in the brand and the card balance, and the site will spit back a cash offer almost instantly.

The company has existed since 2009 which is highly unusual in this business. I found the site to be the most user-friendly. And the volume of available inventory was pretty high.

2. Raise

I wrote a full review on Raise as well.

I commend the one-year guarantee that Raise offers to anyone who buys a gift card from its site. However, it is a peer-to-peer marketplace. And that means selling is more of a nuisance. Instead of getting a near-instant cash offer, Raise shows you the other listings for your card’s brand and lets you set your own price. You also have to enter your card number, PIN and other information straight away if you’re going to sell.

Raise has raised (pun intended) nearly $150 million and operates like a well-capitalized Chicago finance company. I didn’t find its user experience or its prices to be as competitive as CardCash. But it gives the appearance of an organized, well-structured corporation, a welcome change in the space.

3. Gift Card Granny

A longtime staple in the gift card space, this company appears to have pivoted hard toward selling custom MasterCard and Visa cards. Unfortunately, if you want to sell gift cards online, you’re now out of luck with Gift Card Granny. But you can buy “cash back” gift cards through its website.

In the gift card industry, “cash back” cards tend to require you to pay full price but give you a small amount of store credit that you can redeem later for other gift cards.

4. GiftCards

This company has a great URL for its website (GiftCards.com). But it seems to operate with a business model that’s similar to Gift Card Granny. The biggest font on the homepage implores you to “send some instant cheer” by buying someone an electronic gift card.

You can’t sell your gift cards through the site. But you can customize the gift cards you buy. And you may get “rewards points” for every card you buy. GiftCards also allows you to create custom Visa cards.

5. ClipKard

ClipKard appears to accept gift cards for sale only from 15 well-known brands. However, it offers many more brands for sale in its marketplace as well as a 60-day balance guarantee.

Search tools indicate that ClipKard gets a low volume of traffic. But customers have given it a 4.8 review score out of 5 with the Better Business Bureau.

There aren’t many credible reviews of ClipKard from well-known personal finance sites. But it seems worth using its quick, easy price quote tool to compare offers if you’re selling gift cards.

6. GiftCash

Several well-known gift card marketplace hancock whitney locations near me have folded since the onset of COVID-19. At least one of those brands encouraged its former customers to try GiftCash.com.

Like CardCash, the site will give you an offer in seconds for the gift card you’re trying to sell. The user experience is streamlined and simple to use. The company website says it started in 2017 and has helped 300,000 customers. You have to sign up and log in to buy gift cards from the site.

It’s newer than CardCash or Raise, but it may be worth using the site to compare offers.

7. r/giftcardexchange

This subreddit’s community description says, “Trade your gift where can i sell gift cards for cash with other redditors and get what you really want.” There aren’t any card balance guarantees on Reddit. But there’s a reputation system and detailed guidelines to follow. If you’re a Reddit user and you feel comfortable navigating the community, it may be worth trying.

8. Physical Locations

If you type “sell gift cards” into Google Maps or the equivalent navigation app, you’ll probably get some results. I found a company with a 4.9 customer review rating within seven miles of my home called “Precious Gold Buyers & Gift Cards.” These kinds of businesses are essentially pawn shops for gift cards.

The website claimed to offer “up to 75%” of the card balance in cash if you want to sell.

That’s not necessarily a great deal. But if I wanted to sell gift cards in a hurry, finding a local vendor might be an option worth exploring.

Where To Avoid Buying Gift Cards

The list of places to avoid when you’re buying second-hand gift cards is long. It includes Craigslist, eBay, Facebook Marketplace — anywhere outside of well-vetted sites.

Fraud is rampant in the online gift card market. Most gift cards bought and sold online are electronic. So it’s possible for someone to commit fraud by listing a card, retaining the card number and PIN and wiping the card balance clean after receiving compensation.

It’s also possible for a scammer to buy a gift card with a stolen credit card and then sell the gift card. But the gift card sale could get voided before the unsuspecting buyer uses it.

There are other types of fraud as well.

Some of the gift card sites try to mitigate fraud. It doesn’t seem possible to prevent it completely. But some sites guarantee any card balance you purchase for a certain time period. I’ve seen guarantees between 45 and 365 days.

In fact, money expert Clark Howard says he recommends only those gift card sites that guarantee all balances.

“If the gift card exchange site guarantees that the card [you buy] is good or your money back, then go for it,” Clark says. “But if there is no guarantee for the buyer, you’re taking too much risk to use it.

“[Selling] gift cards where you get more in value than what you pay in dollars, it’s an opportunity but with definite hazard attached to it.”

Fraud aside, trying to buy or sell gift cards on these common vendor sites usually doesn’t get you a great return. If you shop on eBay, you’ll have to list your card for less than the balance in order for it to sell. When it does sell, you’ll owe eBay fees. And if you’re buying on eBay, you won’t have any protection or guarantees against scammers.

Buying gift cards in person isn’t completely safe either. Make sure you check the back of the gift card to see whether the area that reveals the code has been scratched off. If so, someone may have already wiped out the card’s balance.


Why Clark Howard Prefers Cash to Gift Cards

If you’re thinking about getting someone a present for a holiday, birthday or any other reason, Clark says you should consider giving cash instead of a gift card.

Many gift cards include restrictions. They may limit your shopping to a single brand. Sometimes you’re limited to in-store purchases only, among other conditions. And some places will let you use only one of its gift cards per transaction.

The last few years have been volatile for restaurants, retail stores and other industries. If a company goes out of business, the gift card could be worthless, even if it has a balance.


Final Thoughts

Most of us have gotten a gift card we don’t want at one time or another. It’s totally acceptable to sell it and recoup some cash, especially if you’re not going to use it.

If you sell gift cards online, take five minutes and compare the money you’ll get from a few of the gift card marketplaces I’ve reviewed to make sure you’re getting maximum value.

If you want to buy gift cards on the secondary market, understand that scams and fraud are common. Try to buy only from companies that guarantee your balance for a certain amount of time. If you’re just looking to save money shopping, consider browser extensions such as Honey and Ibotta, as they may offer less hassle.


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Источник: https://clark.com/make-money/sell-gift-cards/

Turn your gift cards into cash.

A fast, easy, and secure gift card exchange to trade unwanted gift cards for cash. Now available on the App Store.

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Enter your gift card.

Type in the gift card number and pin.

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We pay out within 48 hours directly into your PayPal account.

Do you have unused gift cards that you would like to sell for cash?

It’s easy to sell gift cards to hundreds of gift card buyers online with our app. No need to search for a gift card exchange kiosk near me, now you can sell gift cards for cash instantly.

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Источник: https://cardsell.app/
where can i sell gift cards for cash

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