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.
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.
This is a great question. E-Gift cards stand for electronic gift cards. This means you won’t have a physical gift card when you buy an E-Gift card. Instead you will typically be emailed an E-Gift card number or bar code when you purchase from sites like Zeek, Amazon or cardpool. If you have ever looked at a traditional physical gift card, you have probably noticed the string of numbers. These numbers are the exact same as the numbers you will get for your E-Gift card. Advancements in technology have just made it so that we can step away from being forced to have a physical card to swipe.
You can list any online gift card for free on the site; for physical gift cards, you’ll pay $1 or 1% of the total balance, whichever is greater. But you may have to wait to get a buyer who’ll pay the price you’re asking. And when you sell the card, the company will take a 12% cut—so even if you get someone to pay full value for your gift card, you’ll recoup no greater than 88%.
You can sell your unwanted gift cards online for the most money if you sell them through Cardpool. This company reduces the hassle of selling your physical gift cards by providing a free shipping label for mailing in your plastic gift card or, depending on your card, letting you enter your card information into the site to exchange it without the hassle of shipping. You can also choose to have a check mailed to you. As long as your gift card has a balance higher than $10, you can sell it to Cardpool and get cash for your cards that are collecting dust.
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.
Don’t let your unwanted gift cards sit around collecting dust. Make them work for you instead. If your Great Aunt Sue gave you a $100 Starbucks gift card and you don’t drink coffee, trade the card for a shop you do visit, or trade the card for cash. If you use Plastic Jungle to sell your $100 Starbucks gift card, they may pay you up to $92.00 for the card.
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.
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.
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
To conduct my experiment I picked six leading online gift card buyers and asked for quotes on three different gift cards. I wanted to see what they would offer for a $25 Starbucks gift card, a $50 Banana Republic gift card and a $100 Target gift card.
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.
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:
So take a look at one of the many gift-card marketplaces dedicated to swapping cards. Unlike eBay, these exchanges offer a balance guarantee on any card purchased through them — so scammers can’t use the card’s balance after it’s been sold. Many of these exchanges also act as the middleman between sellers and buyers, so you only have to deal with the company (not fickle gift card junkies).
Walmart isn’t the first to experiment with gift card exchanges. Several Web sites, including GiftcardZen.com, Cardpool.com and GiftCards.com, already let consumers sell unwanted gift cards for cash. And cash, of course, can be used more widely than a Walmart e-gift card. Cardpool will also exchange gift cards for Amazon.com gift cards.
Buyers: Cardpool sells both physical and electronic gift cards. You can search for cards via category and refine your search by type, value and percent off. It offers a 180-day balance guarantee from the date of purchase, which means you’ll be able to use the full value of any gift card you buy within 180 days.
Cash4GiftCards.com buys gift cards for 75% of their value. They sometimes buy expired cards, for 25% of their pre-expiration value. GiftCardBin provides an initial offer on sellers’ gift cards, based on the retailer, value, and expiration date. If you don’t like their offer, you can make a counter offer.
Typically, in-store trade-ins offers lower resale returns than the online exchange marketplaces, says Hunter, but the payout is more immediate: “You’ve got to ask yourself if you value the dollar amount or convenience more.”
You can use your Gift Card to purchase most products available in store*. Your Gift Card can be loaded with a value of your choice between $5 and $500, and is valid for a period of 4 years from the time of purchase.
To sell your gift cards online, all you need to do is input the brand and balance to get an offer. On most sites, you can enter the gift card number to sell it and receive payment electronically — no need to mail anything.
When you sell a gift card to a pawn shop, you can typically expect to get about 50% of the value of whatever is currently on the card and can be verified. We want to thank Brian the PawnNerd for this insight, which he wrote about earlier this year in Can Pawn Shops Buy Giftcards?
The content on MoneyCrashers.com is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. References to products, offers, and rates from third party sites often change. While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. We may have financial relationships with some of the companies mentioned on this website. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors.
CardCash is an online gift card marketplace where you can buy, sell or swap gift cards. The service buys gift cards directly from sellers and sells them directly to buyers; you can also choose to trade your cards (at a slightly better rate) instead of taking cash. For sellers, CardCash offers up to 92 percent of a card’s value; for buyers, discounts of up to 35 percent.
These fees can be largely offset by purchasing Amex gift cards through a cash back portal like Top Cash Back, which currently pays out 1.5% cash back on Amex gift cards. On a $4,000 Amex gift card order, you’d earn $60 cash back and pay $13.85 – $16.85 in shipping and gift card fees. Assuming you’re liquidating these gift cards in $500 increments, you would incur another $31.60 in Visa gift card fees. Now all that’s left are money order fees and if you can buy them someplace where more than one gift card is allowed for payment, you can greatly reduce costs and even come away with a small profit.
Some people feel it is not very tactful to “regift” a gift card. If you decide to go this route, however, make sure the card and the gift card envelope don’t show any signs of wear. It may be possible to obtain a new gift envelope from the original retailer. You can also add the regifted card to another gift. Stash the card inside of a new book for a creative bookmark, or attach the card to a stuffed animal.
Sell My Gift Card
Buy My Gift Card
Trade My Gift Card
Cash for your gift cards
usa online gift cards
Through a partnership with discount gift card marketplace CardCash.com, Walmart launched its gift card exchange — Walmart.cardcash.com — on December 25. The retailer plans to test the service for several weeks to determine whether it will keep it around. The initial response seems promising. “We have seen tremendous volume and are very happy with the success and impact of the partnership,” says CardCash.com CEO Elliot Bohm.
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.)