Where Can I Sell Amazon Gift Cards
are among some of the most popular to sell. Its understandable why. Amazons marketplace allows buyers access to a versatile array of products. Whether youre on the platform to find a gift, purchase outdoor sports gear, or youre looking for a good book, Amazon has it.
Every one of the platforms mentioned above offers assistance reselling an Amazon Gift card. However, if youre looking for money fast, you can offer to sell your Amazon Gift card to friends, co-workers, or your family members. We can almost guarantee that youll find a solid group of interested buyers within your own personal network.
Let them know youre looking to sell your Amazon gift card for a discount, give them the card details and let the bidding begin.
When Will I Get The Money
SHORT ANSWER: Depends on the payment method selected.
The time it takes to receive payment for a gift card depends on how you send the card value to the reseller, the payment method you select and the companys business model. For example, if you mail in a physical gift card and select to receive a check in the mail for payment, then you are probably looking at a 2-3 week turnaround. If you send in a gift code and select an Amazon egift card in exchange, you could potentially get paid that same day. In either case, however, the gift card resellers business practices and policies may add delays such as a cooling off period for the card, time to do a manual balance check or fraud screening.
Below are the payment times listed for the following gift card resellers:
Remember, if you send a physical card and elect to receive payment by check, the time to get your money will be significantly longer than if you submit the gift code electronically and request a digital deposit.
Are There Gift Cards I Cant Sell
SHORT ANSWER: Yes.
Gift card resellers buy high-demand gift cards that they can safely and quickly sell to other people. They also want buyers to have a positive experience with the cards so gift cards that come with restrictions may not be accepted. Below are some examples of gift cards that reputable gift card resellers may not accept:
In addition to the reasons listed here, each gift card reseller has their own proprietary recipe for deciding which gift cards to buy and sell. That recipe is as much dependent on strategy as it is on adapting to customer behaviors and potential scams. If a reseller has a sudden uptake in fraud with a particular merchant card, the company may stop buying or selling that gift card until the threat is mitigated.
If you have a legitimate card that you cannot sell at your favorite reseller, check other gift card resellers or list it in a reseller marketplace where you are selling direct to another consumer under the resellers watch.
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Give Out The Visa Gift Card As A Gift
Sometimes, you may be required to give a gift to a friend or a family member for special occasions such as weddings.
Since the prepaid Visa gift cards are usually bought in denominations of $100, $200 or $500, it can be an excellent gift and will essentially serve as cash.
Instead of giving a check, a Visa gift card is just as good.
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How To Sell Gift Cards For Cash Instantly
Gift cards come from everywhere. Birthdays, Christmas or maybe just because.
Unfortunately, there may come a time when you receive a gift card that you may have no use for.
Instead of letting it collect dust, consider selling it to one of the many retailers online that will offer you a quote on the spot. Yes, you dont have to deal with the public nor do you have to fear getting ripped off. Its as easy as letting the company know what you have.
You wont always get 100% of the value, but it can be quite close dependent upon the gift card you have.
In todays post, I want to talk about the many websites that will let you exchange gift cards to cash. I will warn you, though, that they arent all created equally, so its always best to get a quote from each company mentioned below before confirming your order. No matter which retailer you have, whether it be Amazon, Walmart, eBay or even a Visa gift card, there is an option for you, I promise.
With that out of the way, lets take a gander at some of my favorite ways to sell gift cards for cash instantly.
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How To Sell Gift Cards For Cash Safely Online
Sure, its the thought that counts. But sometimes you get a gift card you really dont want or cant use.
Maybe you dont eat at that restaurant. Maybe theres no store nearby. Maybe theres 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 youll toss that card in a drawer or put it in your wallet, and hope youll 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 havent used the card within 180 days, chances are you wont, according to the Paytronix Annual Gift Card Sales Report 2019.
Rather than losing money, why not sell the card? You wont get full value for it, but its better than losing the card or forgetting to use it. Thats a 100 percent loss.
Id rather see people spend their gift cards, redeem them, and get the full value, but I really like the fact that theres a backup plan if you cant do that sell them, said Shelley Hunter, Gift Card Girlfriend at GiftCards.com.
Dont Sell Gift Cards On Ebay
EBay has always been a popular place for buying and selling things online but it might be the worst way to sell gift cards.
First, an eBay buyer isnt likely to buy your gift card for more than 80% to 90% of its value. For a $100 gift card, you can count on a loss of between $10 and $20 right off the bat.
On top of that, you may be responsible for eBays insertion fees, a final value fee and a performance fee if your eBay seller account isnt in good shape. These fees eat further into your earnings.
You may be thinking, hey, dont Raise and Gameflip also have seller fees? They do. But these marketplaces specialize in selling gift cards, so the base value of your gift card is much likely to be higher on Raise or Gameflip than eBay. Also with eBay, theres no built-in way to verify your gift card code or balance making the selling and shipment process much more of a hassle.
In short, stick with one of the five gift-card selling websites above to get the most money for that ol AppleBees gift card thats nearly fused together with your wallet.
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Avoid Redeeming Credit Card Rewards For Gift Cards
Theres one more thing you need to know about making money from gift cardsin most cases, redeeming credit card points, miles or cash back for gift cards isnt the best use of your hard-earned rewards. While you can redeem credit card rewards for gift cards, youll often get a lower value than you could have earned if youd redeemed your rewards for statement credits, travel bookings or online shopping.
If you want to maximize your credit card rewards, its best to avoid turning your points, miles or cash into gift cards. Instead, take some time to learn which rewards redemption methods offer the biggest bang for your buck. If you have a Chase travel credit card, for example, your points are often worth more when you redeem them for travel through Chase Ultimate Rewardswhich means youre leaving money on the table if you redeem your Chase Ultimate Rewards points for gift cards.
Trade Your Gift Cards For Cards You Like Better
If you like having gift cards but just dont like any of the gift cards you have, theres always the option to swap your gift cards for cards to other stores.
CardCash, for instance, lets you trade in your gift cards for gift cards of the same valueor, in some cases, cards worth up to 7 percent more. When you use a site like CardCash to trade gift cards, not only are you making money on a gift card you otherwise wouldnt use, but you might get a couple of extra dollars to spend at a store or restaurant where youd actually like to treat yourself.
Sell Gift Cards Online Direct Deposit
There are several sites where you can sell unwanted gift card like CardCash and GiftDeals . However, usually you will sell a gift card cheaper than its face value. All you need to do is to state the merchant of your card and then check for the highest offer. The price of the card depends on how popular the card is. Different gift cards have different procedures for selling.
We have selected for you some marketplaces where you can consider selling your gift card. Be aware that you will be paying a small fee or commission at most online gift card exchange sites. Therefore you also may want to look into the options to sell your gift card locally.
Card Kangaroo: A Great Inventory Of Cards
Reasons to avoid
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.
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Regift The Card To Family And Friends
The old adage, A penny saved is a penny earned still rings true today. Using our forefathers wisdom, give the gift card to your family member or friend as a gift.
If you planned on spending the same amount of money regardless, you indirectly profit if you received it as a gift.
Most likely, your friend will be none the wiser that they received an unwanted gift card.
Since Amazon gift cards can be redeemed for thousands of digital and physical products, they should have no problem spending it.
You wont be able to transfer a current Amazon.com balance to another person. Make sure you dont redeem the gift code so you can regift the balance.
If you dont want to give a gift card, you can buy the gift at Amazon after redeeming your card balance.
Buy Items You Can Resell For Cash
Id mentioned earlier how I like to resell items on sites like Poshmark. Well, if I had a gift card to a retailer whose wares are popular on Poshmark, I could use that gift card to make some cash for myself. Heres what Id do.
First, Id research which kinds of clothing or accessories from that retailer people liked to buy on Poshmark. Then, Id use that gift card to buy items I plan to resell. Finally, once they arrived, I would photograph them and put them up for sale, as new with tags, on Poshmark.
So, its a roundabout way of getting cash for that gift card. But in the end, if the items sell, it would have worked.
Finally, if youre interested in signing up for Poshmark, use my link and be sure to enter the code SUDDENLYFRUGAL. That will get you $10 off your first purchase on the site.
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Use The Visa Gift Card To Pay Your Bills
The next method, which is as good as getting liquid cash, is using the gift card to cover your bills. This can be done with the free service called Plastiq as mentioned above.
You can do this in the following ways:
Pay large bills like your mortgage, car payment, and more
Since you would have used cash to pay for the installments of loans like your car loan or mortgage, using the card is as good as cash.
Some companies, such as Plastiq, allow clients to settle certain bills through credit cards.
And, since Visa cards are perceived as credit cards, you can use them with companies that allow payment by credit.
However, you should know that since the company will treat the card as a credit card, the card will incur slightly fees. It’s completely free to sign up and try.
Pay everyday bills
Besides using the cards for larger bills, you can also use it to settle regular bills or, better still, make some local purchase with the Visa gift card.
This is possible since, in most cases, Visa gift cards are acceptable in stores that accept normal Visa cards.
Also, billers who accept the use of credit cards will, in most instances, take the gift card as payment.
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What’s The Best Way To Sell Old Gift Cards
Selling unnecessary gift cards can be a great way to make extra money with minimal effort. Whether you sell online or in person, selling gift cards for cash is one of the easiest ways to boost your finances, and you’ll also find a sweet spot for your old gift cards. Have you ever sold gift cards for cash?
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Cardcash: Best For Sellers
Reasons to avoid
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 isnt 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 youre 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.
Gift Card Spread: Best For Buying Cards
Reasons to avoid
Gift Card Spread has a large variety of gift cards on offer for impressive discounts of up to 31% – some of the best weve 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 isnt 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.
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Can You Exchange A Gift Card For Cash
The fastest way to get money for gift cards is to check your gift card balance. Bring the gift card to the kiosk for gift card redemption. Enter your gift card details into the system. Review the refund offer and decide if you want to accept it. Print the voucher after acceptance. Take the coupon to the cashier and get paid.
Does Coinstar Buy Gift Cards
Coinstar no longer buys gift cards, although it used to let you get cash from gift cards from over 150 retailers. Instead, it now allows you to exchange your coins for gift cards, meaning it now basically does the opposite job of what the Coinstar Gift Card Exchange kiosks did before.
This means that if youre looking to get cash for a gift card, you should look at some of the other options for doing this. Keep reading to find out just what they are.
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Can You Sell Gift Cards For Cash Anywhere In
If youre looking to do an in-person gift card exchange for cash, your options arent as varied as they used to be in previous years.
Some major shopping malls do still sometimes have gift card exchange kiosks from various companies, but these are becoming less and less as these companies shift to an online-only model due to the costs involved in maintaining physical kiosks.
Got a Visa gift card but want money for it? Take a look at our article on how to convert Visa gift cards to cash.
There used to be an option from Target where you could exchange unwanted gift cards for a Target gift card, although it wouldnt be a one-to-one exchange. That is, theyd only exchange a percentage of the balance of the original gift card for Target credit.
Unfortunately, all of the information about this is pretty outdated and on Targets website itself, it doesnt look like theres any information any more, so it seems that this is no longer a possibility.
This means that the most likely way to sell gift cards for cash is if you sell them on sites like Craigslist or Facebook Marketplace. If youve ever seen someone trying to sell a $100 Amazon gift card for $75 on there, this is what Im talking about.
Of course, the biggest risk in searching madly for cash for gift cards near me and pursuing some of the options that appear is fraud. That is, sellers may be hesitant to do this when they have no way of knowing if the gift card youre selling is legit.
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