Approximately $1 billion in gift cards go unused every year! Unused gift cards are essentially free money for retailers–a “free lunch” if you will. That’s why selling your gift cards to somebody who wants them is a win-win for you and the buyer.
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.
F Famous Dave’s Famous Footwear Field & Stream Filson Finish Line Fleming’s Steakhouse Flying J Fogo de Chao Food Lion FoodMaxx Foot Locker Footaction Forever 21 Fossil Four Seasons Francesca’s Fred Meyer Frederick’s Of Hollywood Friendly’s Frontier Airlines Fuddruckers FYE
Unlike Cardpool and CardCash, Raise is a user-driven gift card marketplace — sort of like eBay, but with less risk. On Raise, sellers list gift cards at the price of their choosing and buyers purchase cards directly from the sellers. Raise doesn’t take possession of any of the cards that are sold on its site, but sellers are required to “verify” their cards with the company (by entering in serial numbers and PINs and checking the card’s balance) before they can be listed.
Sell My Gift Card
Buy My Gift Card
Trade My Gift Card
Cash for your gift cards
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M MAC Cosmetics Macaroni Grill Macy’s Madewell Maggiano’s Little Italy Marathon Marriott Marshalls MasterCuts Maurices MaxStudio McCormick and Schmick’s Melting Pot Men’s Wearhouse Michael Kors Michaels Miguel’s Jr. Mimi Maternity Mission Inn MLB.com Modell’s Sporting Goods Morton’s the Steakhouse Motherhood Maternity Muer Restaurants
Raise has a large inventory of cards to choose from and plenty of search tools to help you find gift cards that are anywhere from 1 to 20 percent off, and sometimes higher. This website is user-friendly and makes buying discounted gift cards a straightforward process. You can search for both electronic and plastic cards, though you may have to pay extra charges when mailing and receiving physical cards. Raise has a mobile app for iOS and Android devices that lets you search for discounted cards on your phone, and you can drill down and search for cards that have the highest discounts.
Another one is that the buyers are using cashback sites to shop on eBay and sometimes the cashback sites have promotions where they can earn way more cashback than the few extra dollars they paid for the GC.
If you’re now the proud owner of some gift cards you’re just never going to use, have no fear. Instead of dumping those unwanted gift cards in your junk drawer for future regifting, why not try your hand at selling or swapping them online?
Cardpool.com (formerly Coinstar) gift card kiosks: If you don’t want to make your swap online, you can visit certain in-store kiosks, operated by Cardpool.com. These machines, once owned and operated by Coinstar, accept gift cards from more than 150 retailers and restaurants, as long as they have a balance of at least $15. The kiosk will make you an offer for the card—and if you accept the offer, you’ll get a voucher that you can redeem for cash at the register of the shop the kiosk is located in.
And if you are not sure about that, you can always sell the GC for its face value or a few dollars lower. I looked on eBay and a lot of gift cards, including Amazon’s do sell for 100% face value or near it.
Another option is to sell your gift cards on eBay as you can potentially sell your card for a profit, but keep in mind that this can be more hassle. By selling through a gift card marketplace, they verify the balance and offer seller protection in case the buyer has troubles redeeming the card.
Target trade-in: If you love shopping at Target, you’ll be pleased to know the big-box retailer will trade store credit for gift cards from more than 100 different retailers and restaurants through its own in-store exchange. Not all Target stores participate in the program, so you should check the website to see if your local store is part of the Target trade-in program.
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.
Sellers: Cardpool buys both physical and electronic gift cards. The service will pay for you to ship your cards to it and pays out via mailed check or Amazon gift card. If you choose the latter, you’ll get a slightly better rate.
Some states require that gift card issuers allow cardholders to redeem their gift cards for cash. California law states that consumers can receive cash from the issuing retailer if a gift card has $10 or less remaining on the card. In Maine, Massachusetts, and Montana, cards with a value of $5 or less can be exchanged for cash. In Vermont, cards valued at less than $1 can be redeemed for cash. Investigate to determine if a cash exchange is an option.
I’ve had general success purchasing Visa gift cards that work for buying money orders from a grocery store named after a baby bear. If I buy 2 $500 cards the register locks up and needs a manager override, though, so I stick to 1 card at a time. Also, cashiers occasionally deny me because my name isn’t on the gift card.
Pawn shops are an excellent option to sell your gift cards, however you got them. But there’s something really specific I want you to know. Think about this like you’re the one buying the gift card, like a businessperson.
If you do not find the gift card you’re looking for, most sites allow you to sign up to be notified when that card is available. Additionally, look for sites that offer free shipping. Whether you are buying or selling gift cards, companies will often pay for shipping or reimburse you. Many sites even offer bulk buying and selling programs where you can purchase a large quantity of cards at even more discounted prices.
Prefer to pay cash for your purchases? You can buy Amazon.com Gift Cards or codes at a store near you to add cash to your Amazon Balance with Amazon Cash, Western Union, Moneygram, Coinstar and Ace Cash Express. Amazon.com Gift Cards and codes (which are issued by ACI Gift Cards Inc., an Amazon company, and sold to third-party retailers) are an acceptable form of payment at www.amazon.com.
Looking for the perfect gift, but not sure what that might be? Gift Cards solve your problem in a stylish and flexible way, putting the choice right into the hand of the gift receiver. Cards may be purchased at the following leading retailers for use exclusively in their stores.
Start at GiftCardGranny.com. This online gift card aggregator lets you select the merchant of your card and then easily compare offers from other reseller sites, including Cardpool.com and ABCGiftCards.com, to see the best deal among their partners.
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.
The retailers are counting on this, since unused gift cards equate to company profits. However, unused gift cards don’t have to go to waste. There are several websites, including eBay, where gift cards are being traded, and even sold, for cash.
Gift card exchanges tend to offer lower resale values immediately after the holidays, warns Romanelli. “There is so much supply coming into the market that many cards don’t sell for as high as they might in the summer,” he says. He notes that some people hold on to their gift cards for an extra month or so, in order to earn a few percentage points more in returns.
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.
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.
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.
P P.F. Chang’s Pac Sun Panda Express Pandora Panera Bread Papa Gino’s Papa John’s Patagonia Peets Coffee and Tea Pei Wei Asian Diner Peohes Performance Bicycle Perkins Restaurant and Bakery Petco Petsmart PGA Tour Superstore Phillips 66 Pick Up Stix Pier 1 Imports Piercing Pagoda Pinkberry Pizza Hut Pizzeria Uno Pottery Barn Puma
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!
The ebay thing is going to be far more effort than it is worth. It is going to take you forever to find something an amazon that is cheaper than the average price on ebay. I\’ve found it to be impossible. Then, even if you do, the massive 13% (and change) ebay seller fee is going to hose you.
If listing your gift cards online or going to an in-person kiosk is too much work, you can also sell them from home with a garage sale. You may or may not get a good deal for the cards because asking price depends on how much interest the prospective shoppers ask. Do encourage the potential buyer to dial the toll-free 1-800 number on the back to verify the balance before buying.
Why would you want to do this if you could easily liquidate Amex gift cards by loading them onto a Target Prepaid REDcard (aka Redbird) or Amex for Target? If you got a little overzealous ordering Amex gift cards this month and have a large amount left to liquidate after maxing out Redbird and Amex for Target, then this drawn-out method makes sense. There are several costs involved that you should take into consideration:
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.
Gift cards are a popular gift idea because they are extremely convenient; especially for the person that’s impossible to buy for. Whether or not you happen to be that person, you’re here because you probably have at least one gift card that you don’t know how to use.