Selling Your Gift Card
How To Sell Gift Cards On P2p Exchanges
One of the exchanges that facilitate gift card-crypto trades is Paxful, a leading peer-to-peer marketplace with global presence. It supports purchases and sales of BTC using a wide variety of payment methods. You can trade over a hundred gift cards for crypto through its website. Popular options include cards issued by well-known retailers such as Amazon, Ebay, Google Play, and Walmart. Dominos, Uber, and T-Mobile refill cards as well as any Visa, Mastercard or Amex gift cards are also accepted.
If you have an Amazon gift card you dont need but are looking to acquire cryptocurrency, Purse is an online platform that will help you get rid of the card and buy coins quite easily. It offers you to pay for someones orders on Amazon and earn BTC or BCH in exchange, while allowing the other side to spend some bitcoin. Once a shopper confirms the merchandise has arrived, youll receive the crypto from escrow. Purse can also convert points and credits earned from Mechanical Turk, Amazon Associates, Ebates, Swagbucks, and others.
Where Can I Get Costco Gift Cards
The easiest way to find Costco gift cards is at Costco. You must be a Costco member to purchase or top up a Costco cash card. Costco gift cards are called Costco cash cards and come in amounts ranging from $25 to $1,000. You can use the card to purchase merchandise and to purchase or renew your Costco membership.
Recommended Reading: Lyft Gift Card Balance
Can You Exchange Gift Cards For Cash At Coinstar
Coinstar Gift Card Exchange kiosks used to offer a way for you to exchange gift cards for cash. This meant if, say, you wanted to exchange an Amazon gift card for cash because you dont like shopping on Amazon or because it was expiring, you could just find a kiosk near you and turn that credit from Amazon to cash.
However, theyve now removed their gift card exchange kiosks, reportedly due to the high cost of renting floor space from stores for these. This means that, for now, Coinstar Gift Card Exchange kiosks have become:
- Places where you can deposit coins, including serving as a coin counting machine. This is then exchanged for a gift card or a charity donation
- A way to exchange coins for notes
- Coinstar bitcoin sellers, in that you can exchange cash for bitcoins
- An Amazon coin machine, in that you can get an Amazon cash voucher by using cash to add to your Amazon balance
Theres a chance that theyll update their services in the near future to allow you to sell your gift cards online but this isnt the case yet. That said, well be sure to update this article once that happens.
And to get a free $5 gift card that you can exchange for cash, all you have to do is for a FREE $5 welcome bonus, just for verifying your email address.
How Can I Check The Balance Of A Gift Card
To check the balance on a gift card, you need the card number and possibly the PIN or security code on the back of the card. Most stores and restaurants allow you to check your balance online by calling the toll-free number on your card or in person. It can vary from brand to brand depending on what works best.
Also Check: Where Can You Buy Dunkin Donuts Gift Cards
Getting A Crypto Offer For Your Gift Card
Some platforms are focusing on specific markets. Pamcoins, for instance, operates in Nigeria which has demonstrated heightened interest towards Bitcoin in the past year. The service helps users trade Amazon, Ebay, Steam, Google Play, and Apple gift cards for either Nigerian naira or BTC and ETH.
To do this, Nigerians have to contact Pamcoins on Whatsapp and specify the gift card they want to sell with its amount to get the current rate from an agent. After they upload the card, Pamcoins promises payment within minutes. Crypto Voucher works in a similar way, providing a global exchange platform for gift cards and cryptocurrencies. First you get an offer depending on the card and its balance. Once you provide the card and your personal details, the platform will email you a cryptocurrency voucher you can redeem for a choice of coins including BCH, BTC, ETH, and DASH.
Gift cards also provide an opportunity to spend your bitcoins with businesses that dont accept cryptocurrencies directly. If you are looking to purchase cards for major retailers with BCH and BTC, you can check out Bitcoin.com Stores Gift Cards section. The cards are sorted in multiple categories from Food, Clothing and Health, to Fuel & Auto and Sports & Outdoors. You can also send a gift card to a friend with a few clicks and a fast crypto transaction. The service is powered by Egifter, itself a platform providing cryptocurrency holders with access to hundreds of gift cards.
Can Gift Cards Be Cashed In For Cash
Some online gift card stores, newsstands, and check cashing stores buy unnecessary gift cards with cash. In general, you won’t get the full value of the gift card back, but if you don’t plan to use the gift card in any other way, you can exchange it for cash this way. Most establishments will pay you between 50 and 90% of the value of the gift cards.
You May Like: How To Use Gamestop Gift Card Online
Where Can I Sell My Gift Cards
One of the most important things to consider before selling your gift cards is how you want to receive your payment. Are you hoping for the instant gratification of PayPal or direct deposit? Or are you more of a paper check, in the mail type of person?
This may seem irrelevant to some, but to others, the accessibility of their cash is important. Your unwanted gift cards are stacking up, and its time to unload them. Googling where to get cash back for my gift card isnt going to cut it this time. It would be best if you had a clear direction on how youre going to sell your gift cards and what platform will give you the most money with the quickest turnover.
Once youve settled on this important facet, you can filter through your options.
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. Its 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.
See Related: 10 Ways to Get Money
Don’t Miss: Check Dd Card Balance
Hand Over The Gift Card To The Retailer
Handing over the gift card to the retailer is one of the better options to get your cash, but most retailers make the process too complicated. In various ways, they discourage people from using this option. Before returning a gift card to the issuer, understand the return policy of the issuer or you can request the person who gifted you to assist you with the receipt. Returning a gift card to a retailer will result in the following options.
- The retailer will exchange the gift card a lower value compared to the face value.
- You will be required to have the purchasing receipt while returning the gift card.
- The retailer can offer you an in-store credit. The disadvantage is that you will need to shop in their outlets.
What Is The Fee For The Coinstar Gift Card Exchange
The Coinstar gift card exchange rate is one-to-one when it comes to gift cards. That is, whatever the value of the coins you put into the kiosk is how much the gift card it gives you will be worth. There is, however, an 11.9% service fee for exchanging coins for notes.
This is pretty steep, especially as it means that if you deposit $100 of coins, youll lose almost $12 of this. This is why it can be a good idea to check for other options where you can cash in change for free.
BOOST YOUR INCOME TODAY
Need to make more money but dont want to waste your time?
See what 7,800+ people said were their top ways to make money so you too can earn extra cash as fast as possible.
Get it free for a limited time!
Check your inbox to grab your free guide!
Youll also join our mailing list to get updates on how to make and save money unsubscribe at any time at the end of each email.
Also Check: Will Bass Pro Accept Cabela’s Gift Cards
You Can Even Buy Useful Gift Cards:
Next, Gift Card ATMs also allow users to buy gift cards at competitive prices.
Theres no need to settle for whatever retailers and restaurants offer in stores either because you can find the exact kind of voucher that you might be looking for through this specific company.
Youll even get an additional discount on top of it too when using their machines instead.
Why You Can Trust Bankrate
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here’s an explanation for how we make money. The content on this page is accurate as of the posting date however, some of the offers mentioned may have expired.
Read Also: Lyft Gift Card Email
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.
Buying Products To Resell
I know youve probably heard about this method, but if you havent, here is how it goes.
The technique not only offers you a chance to get cash out of your Visa gift card, but you can also make some extra money. In essence, its about taking advantage of great deals.
Platforms like PayPal allow you to pay for products through prepaid gift cards, and various retailers accept online payments.
Therefore, you can make an online or in-store purchase using Visa gift cards through PayPal.
If you spot a deal that is ideal for a product you can buy, you can do so and then resell the product at a profit or at a breakeven price to get your cash.
This can be a great option if you are able to get cheap deals for useful products that you can later resell.
See Related: Highest Paying Survey Sites to Make Money
You May Like: Crunchyroll Digital Gift Card
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.
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.
free $5 gift card
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.
Where To Exchange Gift Card For Cash Machine
Coinstar offers cash gift cards! All you have to do is go to the Coinstar kiosk, select the desired gift card, put coins in the slot and you will receive a gift card to use online or in store. They have a great selection of retailers including Amazon, Dominos, Gap, Nike, Sephora, Starbucks and iTunes.
Recommended Reading: Do Cabela’s Gift Cards Expire