It’s hard to single out a month for handout gifts as almost every month has birthdays, anniversaries, and special occasions. When it comes to the question of the most practical and popular option for a gift, gift cards are the front runners. Gift cards are quite a convenient and safe bet if you are confused about the preferences of the other person. Receiving a gift card can also be rather rewarding in most cases as it gives you the freedom to choose whatever you like.
But envision a situation where the gift card makes little sense to you and yes, that happens. You might get a gift card from a restaurant but you don’t prefer the cuisine or the gift card can only be redeemed at a store that is far away and doesn’t have the items you want. Of course, it’s the thought that counts but it’s possible to make some extra cash from this predicament.
Unless you can re-gift such a card, chances are slim that you will be able to utilize it afterward and some cards have expiry dates. According to Anduro Marketing, 6% of total gift cards sold remain unused. If the card isn’t redeemed within 180 days, presumably, you will never use it, (according to the Paytronix Annual Gift Card Sales Report 2019). Instead of squandering, these gift cards can be sold online for cash. This option is completely legit and very easy to do. You will not get a full refund but at least it’s not a total 100% loss.
How to Sell Gift Cards Online Instantly
Different online platforms exist for exchanging secondhand gift cards and each of them has its own methods of exchange. Generally, you have to activate and accept the cash offer at first. Then you have to upload your card mentioning a few details. Most likely, you will be asked to provide some identification, too in order to prevent scams and fraud. The card will be verified along with this information and you will get an offer. If the offer is accepted, you have to send the card to the merchant.
If you have a physical gift card, you need to mail it. Sometimes, the merchant company offers you free shipment service. Once the card is received, you will get the cash in your PayPal or Google pay account. Various payment options are offered by different merchants. That’s the oversimplified outline of secondhand gift card exchange.
In this process, you will be offered less than the actual worth of the card. So, if you want to get the most from such deals, you have to shop around. Besides, sell gift cards online is only half of the deal. You will be able to buy gift cards at a discount, too. This way you can save more by using such discounted gift cards for your everyday purchases.
Top 15 Best Places To Sell Gift Cards Online Instantly
Last year, this market has profoundly consolidated and most of the gift card websites now focus on sell cards at a discount or buying in bulk. These companies have their own payment methods and if you want cash for your gift card, you have to look for that option explicitly. Some prominent services are discussed below-
Raise acts as the middleman in the transaction of the gift cards who takes a 12% cut from the buyer when the card is sold and forwards the balance via check, PayPal Funds, or ACH direct deposit to the seller. So, the seller or the buyer doesn’t have to worry about fraud. Raise accepts gift cards from thousands of major brands and you can sell gift cards online instantly for free and you also set the price.
You have full control over the price you offer and change it afterward. You can even withdraw your card if you find a better deal elsewhere. The website helps you with the optimum price you can set for faster sales. An app for the mobile version of the marketplace is also available.
The process involved in the selling of gift cards is lengthier than usual. But it’s safe and you have full control over the price. For popular gift cards like Walmart or Target, you can offer a very small discount, between 1 and 2 %. Raise can predict the discount rate of a gift card from their vast and enriched database which will accelerate the sale.
CardCash is one of the world’s biggest inventory of discounted cards. The company has guarantee policies for the used cards. It also offers the free shipment of gift cards via US postal services. If you buy a card from CardCash, you can claim a full refund if you encounter a card with a balance discrepancy within 45 days of your purchase. CardCash was named one of Forbes’ Most Promising Companies.
The website is rather easy and user-friendly. To sell a card, enter the website and upload the details of your gift card for a price offer. You don’t have to register for that. If you are lucky, you will get 92% of the original value. For this transaction, you can claim cash or trade for another card from over 1200 brands.
CardCash buys unwanted gift cards at a down price and resells them to interested parties. You don’t have to wait for the buyers as the company buys them at the price it offers.
3. Card Kangaroo
It’s doesn’t store e-cards code online. Even if you don’t have an account with the eCommerce site or you won’t sell, you will be able to check your card’s balance on the website. You have to provide your card information to get an offer. After that, your personal and mailing information is required in the designated fields. Once you have completed that, click the link to access the pre-paid mailing label and print it. Using tapes, attach the gift card on the printed order confirmation page. A total of 12 cards can be attached to a single page.
Attach the pre-paid mailing label on the front of an envelope and mail it. You will get a check delivered by postal service or cash in your PayPal account (only in the US) within 48 hours after the card reaches the destination. For Amazon.com gift cards, you just have to email the claim code.
If you are skeptical about the services of Card Kangaroo, you should review the feedback ratings managed by third parties and not influenced by Card Kangaroo. Besides, the authenticity of your card is vital to prevent fraud.
4. Clip Kard
ClipKard accepts a wide variety of gift cards on the market. It also rewards loyal customers for selling and buying gift cards. When you upload your gift card’s information on the ClipKard website, you will get an offer based on the retail value and retail brand.
There are two options for mailing the gift card and if you choose to ship USPS First Class, ClipKard will pay for the shipping. Similarly, there are two options for getting paid, via PayPal account or check delivered by mail. You are also eligible for ClipKard reward, 1000 points equate to $10 which can be redeemed on future purchases on the site.
Although ClipKard might not be the best option sometimes, because of low price offers. For example, $25 gift cards to Target, Clipkard offered $17.33, or about 70 percent of the gift card.
5. Gift Card Granny
Gift Card Granny reviews reveal that the website is a highly reputable and reliable service for sell gift cards online and also purchasing. The site touts about hosting only trustworthy brokers. Gift Card Granny provides customers with an opportunity to see discounts from a wide variety of online sellers and purchase a card at the best rate available.
You will find three options when you try to sell your gift cards online in Gift Card Granny. The first option, Sell It Now where you sell your card and get paid via PayPal, direct deposit, or check within three business days. The second option is Name Your Price. You have to enlist your gift card site for a specific price and then await the buyer. Although it’s time-consuming, you will get more money.
Finally, instead of cash, you can trade your gift card for another one. So, for example, you might trade the cash value of your card for Starbucks with someone else on the platform who is trading a Target gift card with an equivalent cash value.
6. EJ Gift Cards
EJ Gift Card is a platform created to sell gift cards for cash. It’s one of the fastest sites to sell or buy gift cards online of big brands. There is hardly any time lag between submitting details of your gift card and getting an offer. If the offer is accepted, you will be able to sell it almost instantly. You can also reject the offer if you like.
In order to sell your gift card, upload the current value of your card, and select Get Offer to get a reduced price offer. After that select Add Card to the order and enter the PIN associated with the card. If you don’t have an account in EJ Gift Cards, you have to register and then log in to upload the PayPal email address. You also have to verify your account by linking your bank account to prevent fraud. Generally, it takes 1 to 3 business days to receive your cash if your account is verified. In the case of physical gift cards that have to be mailed, the payment is submitted once the tracking number is updated at the post office.
Cardpool has a pretty easy-to-use website, a nifty app, and both kiosk and partner retailers such as Target, Safeway, etc., you can sell cards from over 150 brands. You will get instant cash in Kiosk or partner retailers for selling your gift cards. They will accept gift cards from more than 250 retailers and restaurants, as long as they have a balance of more than $15.
Cardpool promises 92% of the original value for your gift card. On the website, you have to enter the gift card’s merchant name and dollar value. By selecting Get Offer, you will find out how much CardPool will pay for your gift card.
You have the option of redeeming electronically or mailing the card physically. Later one will get you more money. For a physical gift card, you have options for just providing the electronic information without actually mailing it. You can also choose to get paid with an Amazon gift card for a 5% higher payout amount. Cardpool has a ‘refer a friend’ promotion, where you can get $7 each time a friend you refer makes their first purchase at Cardpool.
Actually, Coinstar Exchange is a Kiosk you walk up to for cash and it is easily spotted in retailers or grocery stores. In the beginning, it was aimed to create an easy and convenient way for people to turn their loose change into spending money without having to sort, roll, and take it to the bank. Now, there are two types of Kiosks, Coinstar Coin Counting Machines and Coinstar Exchange kiosks which offer instant cash for your gift cards.
Visit the Coinstar Exchange Kiosk nearby and swipe your gift card for the cash offer. Then, you have to verify your identity with your mobile number, driver’s license, or valid state-issued ID, credit/debit card, and email address. After that insert your gift card and print out the voucher which can be redeemed for cash at the in-store customer service center. The gift card has to be of a minimum of $20.
If you review the list of the gift card which is acceptable to Coinstar, you will find more than 150 brands and the list is regularly updated. Coinstar Exchange kiosks operate during your local store’s customer service hours.
uSell operates as a marketplace for used phones and electronics devices. But you can also sell your unwanted gift cards on this online platform. On its website, select the merchant of your gift card from the drop-down menu and enter the current value. You will get an offer from legitimate buyers. Select the best offer from them and you will be redirected to the buyer’s website. In some cases, you have to upload the brand and value of your gift card once again.
Depending on the mail card you may redeem it online or a free shipping label will be sent to your email. If you want to use a postal service of your own choice, you should use USPS First Class Mail, USPS Priority, or USPS Certified Mail. The gift card will be verified after receiving and your check will be issued within 24 hours after that. This check will be sent via USPS First Class mail which typically takes 3-7 business days to reach its final destination.
uSell has strict vetting processes to accept buyers to join the marketplace. So, your trade will be most likely fast, easy, and safe as you are dealing with genuine buyers.
Giftcardbin lets you set email alerts so that you will not miss great deals on the gift card from your favorite store. The Sell button on the website will reveal a store location to swap your card. You have to enter your zip code to discover a partner store near your location. But if you fail to locate one within 100 miles of that zip code you should call customer service.
You have to physically go to the store to sell your card. This isn’t helpful if you are in a rural area. If you prefer to sell your gift card in person and you have a Giftcardbin partner store nearby, then you should proceed as the company has A+ from the Better Business Bureau, a consumer watchdog group.
11. Monster Gift Card
Founded in 2006, Monster Gift Card facilitates cash and discount for unused gift cards. This platform is trustworthy and takes customer services pretty seriously. Monster Gift Card guarantees every transaction for 101 days. It also offers flexibility in gift card trading, fast and secure cash payouts, and anonymity.
The first thing to do, when you are selling a gift card in Monster Gift Card, is to select the Sell button and finding the offer it has for your gift card. After that, you have to enter the current gift card value and original balance. At this stage, you have to register on the website and take a printout of the page containing information or barcode and mail your card with it to Monster Gift Card.
It is recommended that you use USPS services as it is most cost-effective and secure. MGC doesn’t take responsibility if the card is lost in the mail. So, you have to use postal services with a tracking facility. You can send multiple cards in a single mail.
Currently, it takes 3 to 5 business days to process the card and send the check to you. There is a faster option to get your payment via Dwolla. There are no hidden fees involved in such transactions. You might also be interested in the Monster point system which allows you to trade gift cards for points.
12. Gift Card Spread (GC Spread)
Gift Card Spread made its market debut in 2011 and since then it has been trying to offer the best possible deals for both buyers and sellers. GFC allows you to make the price offer yourself for your gift card. Within 24 hours, you will get a response on whether the offer is acceptable or not. In case your offer is rejected, you will get a counteroffer from GFC.
When you are settled on the price offer, you have to upload an ID and credit card details within 24 hours. Then upload your gift card details electronically or mail it to the GFC location in Chicago. After receiving your gift card, it will be verified and you will get paid as early as possible. For a single gift card, a check is mailed to the seller and for bulk sellers, payment is made via ACH.
GFC accepts gift cards with expiry dates with a minimum 6 months time period as well as paper certificates (but you have to mention that it’s not a plastic card). At Gift Card Spread, generally, 60% to 90% of the value on the gift card can be expected. GFC doesn’t charge any fee for selling gift cards and confidentiality and security are maintained during the transaction.
13. Gift Card Swapping
Gift Card Swapping service accepts most of the gift cards available in the market and it has a little restriction for exchanging gift cards. The only downside is that it offers less value compared to other sites and the service charges a seller’s fee of 90 cents plus an additional 3.9 percent of the sale price. This platform has a preferred merchant list that dictates the price of the gift card. This value varies from 80 to 65% of the original price of the gift card.
The discount of the gift card varies with the price set by the seller. Instead of cash, you can trade your gift card for another gift card of equal value and avoid the fee. To sell the gift card, you have to select the Sell link and upload the necessary information. When you have sold your gift card, you must download a form and mail it to GiftCardSwapping.com along with your gift card at your own cost. Once it reaches the destination, you will get paid via PayPal.
Despite the high cost, this platform is trustworthy and provides several technical support options like email and an online contact form. Also, it accepts a large variety of cards including electronic gift cards and gift cards with expiry dates.
Although eBay is not a dedicated gift card exchange site, you can sell your card on this website like other things. But it can be tricky, as eBay offers no extra protection against gift card fraud. In fact, most buyers are honest, only a few bad customers defame everyone.
A common scam on eBay while trading gift cards is the buyer pays for the card and receives the card number and pin in an email. After that, the perpetrator quickly makes a purchase with the card and then files a complaint with eBay stating the seller sold a bad card. Then the seller has to refund the buyer and end up losing the card.
To avoid such fraudulent buyers you have to take some measures on your own. First of all, don’t list the card or pin number in the listing. Also, buy your postage using PayPal so that eBay can track the shipping details if necessary. Most importantly, don’t email the card number and pin even after the buyer pays for it, wait till the actual card is received.
QuickcashMI is a family-owned smaller retailer business, and it is based in Michigan and has been operating since 2011. You will be given two options when you are trying to sell your unwanted gift card or merchandise credit. You can send the card through mail services or redeem the card online.
On the website, go to the Sell My Gift Card For Cash page, and enter the merchant name with card value. There is also a checklist of whether the card has a pin or not. Select the appropriate box and click the get offer button. If you want to redeem online, you have to enter the card and pin number on the designated fields, and you are set.
Your check will be issued within 1 business day once the card is received by QuickcashMI and it should reach you in 3 to 7 business days. It has friendly customer service and you will find tons of positive reviews on the internet.
FAQ – Frequently Ask Questions
Where Can I Sell iTunes Gift Cards?
Gameflip would be the platform you are looking for. It’s the simplest and safest way to cash your unwanted iTunes gift cards. You have to list your iTunes gift card with a price of 2% to 15% off the original value. Gameflip protects the seller by securing the buyer’s payment upfront.
Where Can I Sell e-Gift Cards online instantly?
There are many eCommerce sites that will allow you to sell your eGift card. But Cardpool and Gift Card Granny are quite popular among them. You might be able to get 92% of the original value dealing with these sites.
Where Can I Sell Amazon Gift Cards Online?
Since Amazon hosts rather versatile arrays of products, Amazon gift cards are the most lucrative of all, and every platform discussed above facilitates selling these gift cards.
Can you exchange a gift card for cash at Walmart?
No, but you will be able to get Walmart gift cards of lesser value for your gift card. You may get 97% of the original value worth gift card.
How do I transfer a gift card to PayPal?
PayPal has teamed up with CardCash for exchanging gift cards for cash in the PayPal account. You have to visit the CardCash website and get an offer for your card. When that offer is accepted, you have to add your card, enter your gift card and pin number, select connect with PayPal button. After that, log in to your PayPal account and fill the required field and click Get my PayPal balance button.
Can I send a gift card to a cell phone?
You can send an Amazon Gift Card via Text message to the recipient’s mobile phone.
Can I Exchange My Gift Cards?
Definitely. In fact, it would be a smart choice sometimes because some gift card exchange services charge extra for a cash payment and you can avoid it by trading for an equal value gift card with yours.
Can you sell gift cards on PayPal?
PayPal doesn’t directly host such exchanges. But it has teamed up with CardCash and if you sell your gift card there, you will get cash in your PayPal account.
Can you return an unused gift card?
Sometimes you can. But the outcome may be complicated. For example, the gift card issuer may offer you priceless than the actual value or give you in-store credit which can be used in that store only.
What can I do with unused gift cards?
Other than selling your gift card for cash, you can exchange it for another gift card, donate, regift, or use the gift card to buy some items you can sell.
How much do you get for gift cards at Coinstar?
Typically Coinstar will offer 60% to 85% of the balance remaining on your gift card. Your gift card must have a minimum balance of $20.
Who pays the most cash for gift cards?
Gift card exchange is a volatile trade, and the market keeps changing all the time. You have to do your own research for the best deal. Gift Card Granny, QuickCashMI, etc. are a few of the top competitors who offer good value.
Selling gift cards online and making some quick cash is something like dreams come true for frugal moms. It’s definitely a smart choice but be aware of the online scams and fraud involved in this trade. Every year, approximately $1 billion in gift cards are left unused.
So, you will find many competitors in gift card exchanging business and if you make educated decisions it could be a win-win situation for both the seller and the buyer.