Another reason to consider Raise is that you can name your own selling price. If you have a $25 gift card to sell and the competitors are selling for $23, you can list yours for $22.95 to become the top listing and make a quick sale!
S Sabon Safeway Saks Fifth Avenue Sally Beauty Supply Saltgrass Steak House Sam’s Club Scrubs & Beyond Seasons 52 Sephora Shaw’s Supermarket Sheetz Shell Shoe Carnival Shoney’s Shopko Stores ShopRite Showcase Cinemas Simm’s Steakhouse Sizzler Skechers Skinny Tie Madness Smith & Wollensky Smokey Bones Soma Souper Salad Spa & Wellness Spaghetti Works Sperry Splendid Staples Starbucks Stein Mart Steve Madden Shoes Stop N Shop Stride Rite Subway Sunglass Hut Sunoco Supercuts Sur La Table Swarovski
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To make sure you get the most for any trade, try giftcardgranny.com. This online gift card aggregator lets you select the merchant of your card and then easily compare offers from 15 reseller sites, including cardpool.com and giftcards.com, to figure out who will offer you back the highest percentage of your card’s value. Since each gift card reseller uses different fees and payment methods, it’s worthwhile to do this check first and then go to the site offering the most for your unwanted plastic.
O O’Charley’s Oceanaire Restaurants Office Depot Office Max Old Chicago Old Navy Olga’s Kitchen Olive Garden Omaha Steaks On the Border Oriental Trading Company Orvis Osh Kosh B’gosh Outback Steakhouse Overstock
You can either sell or trade at CardCash. By trading, you can get up to 14% more for your card. CardCash makes instant offers for cards you want to sell and you can earn up to 92% of the card value for in-demand gift card brands.
Obtain quotes from each of the websites to determine which site offers the best deal for the gift cards you want to sell or exchange. Make sure to read the websites’ terms and conditions, and learn more about their guarantees, transaction fees, and shipping policies. Gift card exchange websites are an excellent way to sell or trade gift cards from major retailers. If the gift card is for a small, local business, try selling or trading the gift card on Craigslist or eBay Classifieds instead.
Depending on the type of gift card, the amount, and the supply of similar cards, you could earn anywhere between 54% and 92% of the card’s value via an online gift card exchange, says Mark Romanelli, executive vice president of product for GiftCardGranny.com, the largest aggregator of online gift card exchanges.
GiftCardGranny.com found that the cards with the highest resale value are for groceries (Safeway takes the top spot), gas stations (Shell and ARCO take No. 2 and 3), or large retailers that offer a wide range of products, such as Amazon and Walmart, which round out the top five. (For a longer list of favorites, see These Are the Best Gift Cards to Give This Year.)
You’ll never get 100% back on online gift card exchanges. That’s because the exchange itself typically takes a small fee, and shoppers using the exchange won’t want to pay full price to buy a gift card secondhand. But if you exchange your gift card online, you should be able to recoup at least half of the full value.
© 2012-2018 GiftcardZen Inc, All rights reserved. Giftcard Zen and RetailMeNot are registered trademarks of GiftcardZen Inc and RetailMeNot, Inc., respectively. Third-party trademarks are the property of their respective third-party owners. Giftcard Zen is not the issuer of any of the gift cards that appear for sale on Giftcard Zen. Presence of a third-party trademark or gift card does not mean that Giftcard Zen has a relationship with that third party or that the third party endorses Giftcard Zen or its services.
Select Coinstar machines will also buy your gift cards in addition to your loose change. The next time you buy groceries, take your gift cards along and maybe you can exchange them for store credit! However, I recommend looking for a CardPool kiosk first as they are more prevalent.
For several major retailers’ gift cards we checked, Walmart.cardcash.com was offering a higher Walmart e-gift card value than cash offers from several of the top discount gift card marketplaces. For example, you can exchange a $50 Best Buy gift card for a Walmart e-gift card worth $46.20. The highest offer we could find on Gift Card Granny was $44.75. A $50 Target gift card could be exchanged for a $48.30 Walmart e-gift card versus $45.25 in cash.
If you’re given a listing option, choose the digital or voucher version first to make more money. Even if you have a physical gift card, most of these marketplaces will convert it to a digital card or voucher that can be printed or redeemed online by the buyer.
Gift Card Granny might be the easiest place to sell because you can compare the selling prices on several marketplaces with a single query. For high demand gift cards, you can earn up to 92% back of the card value.
If you know how to sell on eBay, you can actually buy something on Amazon that sells well on eBay, using your card. Then sell it on eBay and get cash for it. You can potentially get more for a product on eBay than what it sells for on Amazon. Might be time consuming BUT you can get more cash, eventually. And if you know what you’re doing, you can actually list your product on eBay BEFORE you buy it, and only buy when it sells, and actually have it shipped directly to your customer from Amazon directly. Then you get your cash’ worth on Paypal directly from eBay.
You also maintain control over your listing. If your card doesn’t sell in the first couple of days, you can always adjust the price to attract more buyers. Or you can unlist it if you change your mind.
Sell My Gift Card
Buy My Gift Card
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If you have a card that your friend or family member can benefit from more than you, regifting your gift card is a good idea too; just make sure you don’t tell the person who gave you the card originally. And, you’ll save a few dollars on your monthly spending too!
If you want the cash immediately, go with the Sell It Now option to be paid by PayPal, direct deposit, or check within three business days. But if you have more time to sell, you can earn more with the other two options –Name Your Price and Trade In– to get paid in cash or swap your card for a more desirable brand.
The motivation for Walmart’s gift exchange is probably to increase store traffic, but there are many reasons retailers love getting their gift cards into the hands of shoppers. As MONEY’s Kara Brandeisky points out, shoppers are likely to overspend when given what seems like fake money. In addition, researchers have found that consumers buy items they don’t need when they use a stored-value certificate; the CEB TowerGroup consultancy has found that 65% of gift card users spend 38% more than the face value of the card.
If you need cash immediately, CardPool also lets you sell your gift cards in-person at select businesses and self-serve kiosks. For example, I can exchange my unwanted gift cards for a Target gift card at the Electronics department in Target or for cash at the self-service kiosk at a nearby Kroger grocery store.
The exchange value for non-retail gift cards wasn’t as generous, though Walmart’s offer still came out ahead. For example, a $25 Starbucks gift card would net 70% of its value in cash on GiftcardZen and 71% of its value on Cardpool. The same $25 Starbucks card would net 72.5% of its value in the form of a Walmart e-gift card.
Gift Cards are conveniently located at the registers and on Gift Card stands in all participating stores. Simply select the Gift Card of your choice, take to the regsiter and nominate the value you wish to add to the card. This can be any amount from $5 to $500. Your card is loaded with this amount and is ready for use at any of the participating stores located across Australia.
If you don’t want to make your swap online, you can visit certain Coinstar kiosks (yes, those same machines you dump a year’s worth of spare change into). These yellow boxes accept gift cards from more than 150 retailers and restaurants, as long as they have a balance of at least $20. It will make you an offer for the card, and, if you accept, will provide you with a voucher you can then redeem for cash at the register of the shop the kiosk is located in.
Usually not. Most online marketplaces will convert your physical gift card to a digital version that the buyer can either redeem online or print. Digital transfers instantly transfer the card balance to the buyer and keep selling fees to a minimum?
Plastic Jungle buys unwanted gift cards and will pay up to 92% of the face value of the card. Users have to enter gift card information on the site, and then Plastic Jungle makes an offer for the card. Sellers receive pre-paid shipping labels to mail gift cards to the website. Once the balance of the gift card is verified, the website pays for the gift card with a check or PayPal.
Coles Group & Myer Gift Card: Coles Supermarkets, Coles Express,Myer, Target, Baby Target, Target Country, Kmart, Kmart Tyre and Auto Services, Officeworks, BI-LO, Liquorland, Vintage Cellars and 1st Choice Liquor Superstore.
If you have unused gift cards lying around collecting dust, don’t let them go to waste. The gift card industry is worth an estimated $60 billion, and experts say that at least 10% to 15% of gift cards are not redeemed. That’s $6 to $9 billion dollars that consumers never use.
Most buyers are honest, but a few bad actors give everybody a bad name. A common eBay scam is for the buyer to pay for the card and receive the card number and pin in an email. The buyer quickly makes a purchase with the card and then files a complaint with eBay stating the seller sold a bad card. Sellers that don’t follow the three safety tips above end up refunding the buyer and lose the gift card in the process.
You mentioned denominations only of $2k are eligible but the website does not mention anything about denominaions below 42k? I am hoping we can still earn cashback as I ordered 10 gift cards for $500 each.
Maybe you want to help others out with your gift card. If you know someone with a local need, you can always donate your card to help them through tough times. Or, you can donate your tax-deductible card balance to the charity of your choice online at Charity Gift Cards.
While you can sell just about any gift card, some sell for more than others. You are more likely to maximize your profits by selling Amazon gift cards, Starbucks, iTunes, or Walmart as these brands consistently sell close to their current card value with a discount of 5% or less. Less popular gift cards–Old Time Pottery and The Spaghetti Warehouse–sell for a 26%+ discount.