Wednesday, May 18, 2022

Where To Sell Gift Cards

How To Sell Gift Cards For Cash Safely Online

How to Sell Gift Cards safely and at the Best Price (Amazon, google play, iTunes, Steam, Xbox, etc)

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.

Online Gift Card Resellers

A variety of online gift card resellers will give you a cash offer for an unwanted gift card. Typically, the cards balance must be at least 20 dollars, and higher offers are given for gift cards to popular stores that sell a myriad of merchandise. For example, you might get 92 percent cash back on a gift card to Walmart , but only 70 percent back on a gift card to Sunglass Hut . If you sell the gift card online, you will either have to mail the card into the company in order to receive payment, or in some cases, you can submit the gift code electronically. .)

Learn more about online gift card resellers in this post.

Gift Card Bin Store Locator

Gift Card Bin has more than 600 partner locations across the United States, all of which allow you to exchange your gift card for cash. The organization buys cards from more than 700 different merchants, so its sure to accept anything youre likely to receive.

Once youve used its store locator to find the nearest kiosk, just turn up with your gift card and ID to complete the sale.

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We Are The Grandmother Of All Gift Cards

While you can buy gift cards practically anywhere, Gift Card Granny is the place where you can give and receive. By offering a discount or cash back rewards, you save money with every purchase. What’s more, having been in the industry since 2009, we are a reliable source when it comes to gift cards. We give you the opportunity to create custom gift cards by adding your logos, pictures or messages to cards from Visa Gift Card, Mastercard Gift Card and many various national brands. Whether youre an individual or a corporation looking for the perfect way to show someone your appreciation, we can get these prepaid gift cards to you fast.

How Selling Your Gift Card For Cash To Buybackworld Works

Buying and Selling Gift Cards

Tell us which gift cards you want to sell and we’ll give you an upfront instant cash quote to buy them.

Mail your gift cards to us for FREE using our prepaid shipping label. It doesn’t cost you anything!

Once we receive your gift cards and verify the amounts, we’ll issue your payment. It’s that Fast and Easy!

Read Also: How To Check Starbucks Gift Card Balance Without Security Code

How Much Will I Get Paid For My Gift Card

SHORT ANSWER: Depends on supply and demand.

Just like you learned in Econ 101, the cash back offer largely depends on supply and demand. The more popular the card is, the higher the cash back offer will be because the reseller will be able to sell the card quickly. Gift cards that can be used at many nationwide locations and for a wide assortment of merchandise will generally fetch the highest value, and gift cards to specialty shops like teen clothing retailers or lesser-known restaurants will be worth less. If a reseller already has several gift cards from a particular merchant in stock, then cash back offers may temporarily decrease until the supply evens out. And lastly, as mentioned above, the payout offer can fluctuate based on the payment method selected.

Gift Card Resellers generally boast returns as high as 92% cash back, but I have also seen offers as low as 65% online and 50% in stores.

Is it worth it? If you do not believe youll ever use the gift card, then yes, I think its better to have money you will use than a full-value gift card that sits in your wallet indefinitely.

Sell Kohl’s Gift Cards

Sell Kohls gift cards online at Raise to get cash back for unwanted and unused gift cards. The Raise marketplace offers an easy listing form to sell Kohls gift cards. All you have to do is fill out the serial number, PIN, the current balance, and your selling price.

Kohls gift cards do not expire or have service fees, and Kohls offers both physical and electronic gift cards that can be redeemed at Kohls locations nationwide or at Kohls.com online.

With more than 1,146 retail locations and 30,000 employees in 49 states, Kohls department stores have grown tremendously since the companys founding in 1962. The retailer giant introduced the Kohls credit card and Kohls cash to help consumers save every day throughout the year, as well as their Fundraising Gift Card program. This enables youth non-profit organizations to buy discounted gift cards and raise money by selling them at face value. The Kohls Cares program supports kids health, environmental initiatives, and the fight against breast cancer, so you can feel good every time you shop at Kohls.

Also Check: Will Disney Plus Have Gift Cards

Where To Sell Your Gift Cards Near You

If youre wary of online scams, dont consider yourself a technical wizard, or simply want to feel those dollar bills in your hand as quickly as possible, you might prefer to sell your gift card at a physical location.

Gift card exchange kiosks are bright yellow machines that instantly give you an offer for your gift card in the form of cash. Youve probably seen them in your local supermarket.

Heres where to find them.

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Gift Card Flipping: Sell Gift Cards And Earn Cash

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase or sign up through my links, at no cost to you. Please read my disclaimer for more info.

Gift card trading can be a very lucrative business, that is, if you know how to play your cards right. Heres the only guide youll need on how to buy and sell gift cards for profit.

The gift card industry is estimated at $1 trillion in 2020 thats massive money. Millions of people still use gift cards for personal shopping every day, and it comes as no surprise.

Theres something undeniably attractive about getting gift cards at discounted rates.

And while consumers love them, retailers consider gift cards an integral part of their business as it pulls people into their stores and encourages them to make more purchases.

During the holidays, gift cards serve as some of the most popular gifts.

Offering a gift card from a store you know your friend loves has more impact than handing out hard cash, and is more convenient than having to purchase an item youre not so sure your friend will love.

The bottom line is that gift cards are here to stay, and aspiring money-makers can still take advantage of their popularity to make money flipping gift cards one of the most lucrative side hustle ideas if you study how the market works.

If youre new to this trading game, sit back and relax. Theres a lot to learn and plenty to take in.

  • The pros of flipping gift cards
  • Mall Kiosks And Other Stores

    At my local mall, there is a kiosk where gift cards can be sold for cash. Run by one of the prominent online resellers, the cashier will make an offer for your card. If you accept the offer, the reseller takes the plastic and you walk away with the money. At this particular venue, the highest amount you can get is 75 percent of the gift cards value. Although the amount you receive may be less, if youre conveniently located near a kiosk, you can obtain money quickly.

    Target may also accept gift cards, but you wont get cash payment in return. Youll get a Target gift card to spend instead. Please call your Target before going to the store to be sure they are still accepting cards.

    Recommended Reading: Who Sells Home Goods Gift Cards

    Can I Sell Gift Cards For Cash

    Receiving a gift card you know you wont use doesnt mean that the card has to collect dust at the bottom of your drawer.

    Most people choose to sell their gift cards for cash, either online or in person. While this method is the most popular one, you should know that you probably wont get 100% of the cards value. While selling the card can be a good solution, this doesnt have to be your only option.

    Heres what you can do to make use of the card:

    What To DoDescription
    Exchange the card for another oneThere are many online platforms that enable you to trade your gift card for another one. Since some of these websites are shady, make sure to do thorough research before you decide which platform to register for
    Return the card to the retailerSome shops accept gift card returns and provide reimbursement
    Gift the card to someone whod use itIf you know that one of your friends or family members likes the retailer in question, you should consider giving the card to him or her. In that way, you wont have to spend money on a new present, and the gift card wont go to waste

    On Selling Gift Cards

    How to Sell Gift Cards Online Instantly for Cash

    As people become increasingly aware that they can sell gift cards for cash, the question I am asked most often is, how much money will I get? When I explain that the cash back offer will be less than the card is worth, many people balk at the response saying they would rather have full price. So would I! I would also rather get a full price offer if I sell a car I dont want or the jacket that Ive never worn. But thats not how reseller markets work, and gift cards are no different.

    Watch this video to hear my answer on why I think selling gift cards for cash is a smart move.

    Now lets get to the top questions about selling unwanted gift cards.

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    Where Can You Buy Playstation Gift Cards

    The most reliable place to buy a PlayStation gift card is directly from the Playstation website.

    They are also available to buy from Amazon, Very, Electronic First, G2A.

    Just simply buy a PlayStation Store gift card from an online retailer and they will email you a code to redeem via the digital store on your PlayStation console or via any web browser.

    Consider Ways To Get Paid

    Depending on the service you choose, when you sell a gift card you can receive a check in the mail, a PayPal payment or a more useful gift card.

    Payment apps might be quick, but keep those pesky transaction fees in mind if you want to maximize your payout. Checks may take a little longer, but theyre as good as cold, hard cash. And depending on your spending habits, another gift card might be the best choice, as the conversion rate is going to be the highest.

    Each selection has its own perks, so choose whichever best fits your needs.

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    How To Exchange Gift Cards For Cash Online

    Dont feel like wasting your time selling your gift card in person? You can register for an online platform that enables you to exchange your card for another one or for cash.

    Note that this method takes more time since you will have to wait for the payment to be processed or for your check to come via mail.

    Since there are many gift card cash back websites out there, you should find out as much as possible about each of them to make an informed decision. Some platforms offer better payouts and charge lower fees than others.

    Do you have only a few dollars on your gift card balance? If youd like to get that money and as quickly and effortlessly as possible, you should rely on DoNotPay!

    Sell Apple Gift Card Gift Cards

    How to sell your gift cards for cash (with Raise and Cardpool)

    Use the Apple Gift Card to get products, accessories, apps, games, music, movies, TV shows, and more. Spend it on in-app content, books, subscriptions and even iCloud storage to secure files from all your Apple devices. This gift card does it all. And then some.

    Its always free to list gift cards for sale.
    Selling a Card15% is deducted from the selling price when the card sells.
    Electronic DeliveryFreeOver 90% of cards are delivered electronically. We send them to the buyer for you, free of charge.

    1 Year Money-Back Guarantee

    Shop, save and redeem your cards on the go

    All content © 2021 Raise Marketplace, LLC Raise and the Raise logo are registered trademarks belonging to Raise. All trademarks not owned by Raise that appear on this site are the property of their respective owners. Raise is not the issuer of any of the gift cards or other closed-loop products on Raise and is not related to any merchant whose trademarks and gift cards appear on Raise for sale. Privacy Policy | Terms of Use | FTC Disclosure.For questions about redeeming gift cards, please visit our Help Center and Live Chat us or email us at . | 578-8422

    Recommended Reading: Pacsun Gift Cards

    Where Can I Buy Discount Gift Cards

    SHORT ANSWER: Online and via mobile apps.

    Although you will find pre-owned gift cards for sale on virtual want-ads, social media and online auction sites, I only work with gift card exchange sites that offer consumer protection such as the following features:

    • Money-Back Guarantee. If someone sells me a gift card and then fraudulently uses the value of the gift card, I want to know that the gift card reseller will give me a refund.
    • Customer Service. If I am trying to use a discount gift card that doesnt work, I want to be able to contact a customer service representatives for assistance.
    • Security. Reputable gift card resellers put processes in place to reduce potential gift card exchange fraud. These security measures help ensure the gift cards I buy will be usable for their stated value.

    Gift Card Resellers. Below is a list of gift card resellers that claim to offer these features. I have used many of them with complete satisfaction. Some discount gift cards arrive faster than others, some are easier to redeem and some have a wider selection of discount gift cards available. But despite their differences, the one thing they have consistently delivered is gift cards containing the value promised at the time of purchase.

    Accept The Gift Card Offer

    Gift Card Exchange pays up to 85% of the value of the gift card, but the amount of the offer you get will depend on the popularity of the gift card. Grocery store, gas station and large department store gift cards such as Target or Walmart generally fetch higher resale values than gift cards to smaller retailers. Though your experience may be different , we sold a $25 Best Buy gift card for $16.25.

    Heres a Tip! You can choose to accept the offer. Once you successfully enter the card information, the Gift Card Exchange machine will make you an offer for the card. If you are happy with the amount offered, then select Accept. If not, select Decline. Youre not obligated to complete the transaction until you accept the cash back offer.

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    How To Get Cash From A Gift Card

    It is a simple procedure to post and sell your gift card. Follow these simple steps.

    • State the brand of your gift card.
    • State the gift card balance.
    • Send the card number and its pin.
    • Select your selling price.

    Once you have submitted the above information, verification takes place immediately. After a short while the service has checked your information, upon which the listing goes live. The card usually sells within 24-48 hours. Most online market places convert physical gift cards to digital gift cards and the send the card balance to the buyer after a sale.

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