How to Sell Gift Cards Online for Instant Cash: Top Sites & Selling Tips - MoneyCheck

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Original source: MoneyCheck
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Published: Sep 30th, 2022
How to Sell Gift Cards Online for Instant Cash: Top Sites & Selling Tips - MoneyCheck

Quick Read

Who doesn’t love receiving gift cards?
The thing is, some gift cards are useful, while others don’t offer the same utility.
Before you throw it in the trash, check out this guide on where to sell gift cards and receive cold hard cash.
Where Can I Sell Unwanted Gift Cards?
Before you sell your unwanted gift cards, you will need to decide how you want to receive your payment.
Here are our best options for where to sell gift cards online.
Best Places To Sell Unwanted Gift Cards Fast 1.

How to Sell Gift Cards Online for Instant Cash: Top Sites & Selling Tips - MoneyCheck

Who doesn’t love receiving gift cards? There’s nothing like browsing through Amazon, eyeing something you like, and then paying for it using the card. It’s like Christmas shopping for yourself, and you can choose what you want. The thing is, some gift cards are useful, while others don’t offer the same utility. If you receive a gift card for Bed Bath & Beyond, but you never visit the store, what will you do with it? Before you throw it in the trash, check out this guide on where to sell gift cards and receive cold hard cash. Sound interesting? Let’s dive in. Where Can I Sell Unwanted Gift Cards? Before you sell your unwanted gift cards, you will need to decide how you want to receive your payment. Are you okay with receiving a check in the mail, or do you want a direct deposit to your checking account or PayPal? This might seem minor, but it matters to some people. Next, you must find the right platform to sell your unwanted cards. If you have a stack of them piling up, it’s time to turn them into cold hard cash you can spend on anything you like. Here are our best options for where to sell gift cards online. Best Places To Sell Unwanted Gift Cards Fast 1. Clip Kard The Clip Kard website is your first stop for selling unwanted gift cards. This site requires you to create an account before they process your sale. The reason for this is to prevent money laundering. It’s easy for criminals to purchase gift cards with cash and launder them through these channels. By registering an account, the platform eliminates this risk. You’ll need to mail your gift cards to Clip Kard, and they’ll send you the cash to your nominated account after receiving them. The site is slightly vague on information relating to the process involved with selling your gift cards. You’ll need to register an account to see the full terms of service. After registering, you can review the value of your gift cards and choose your payment method. You have options to receive a check in the mail or receive your payment to your PayPal account. Typically, it takes around two to four weeks to receive your payment., depending on where you are in the country and which payment method you choose. 2. Giftcard Granny This multi-faceted platform is another excellent option for finding destinations to sell your unwanted gift cards. The platform offers a user-friendly experience, but they don’t buy gift cards on the site. Instead, it’s an online resource showing you which sites offer you the best payout for your cards. If you’re looking for the best value for your cards, visiting Gift Granny is a must. Typically, they’ll recommend Clip Kard and Card Kangaroo as their top options, which is why we mentioned those platforms before Giftcard Granny. The platform also provides information on the most profitable cards on the market. So, you can use the site when planning your gift card rewards from other sites and services that reward you with gift cards. 3. Gift Card Bin The Gift Card Bin runs a network of physical locations where you can walk in-store to sell your gift cards for an immediate payout. If you don’t want to wait weeks with Clip Kard, this is your best option for immediate settlement. According to user reviews, they offer a lowball price compared to the other options. 4. Cardcash This website offers a clean, easy-to-navigate user experience, with fast settlement on your gift card sales. Visit the site, enter your gift card information, and you’ll receive an immediate offer for your card relative to its value. This site also offers the option of trading your gift cards. So, if you have that Bed Bath & Beyond card you don’t want, you can swap it for an Amazon gift card to complement your online shopping needs. Best of all, you’ll earn extra if you decide to trade, with some cards offering you up to 11% over the value of the existing cards you want to trade. 5. Raise.com Raise.com offers you a third-party marketplace to sell your cards to other people on the platform. List the gift cards you want to sell and let people bid on them. You post the price you want for the card, and you won’t have to settle for a lowball offer. You have the option to reject any bid you feel is undervalued. After completing your sale, Raise.com pays you out via check, PayPal, or direct deposit to your nominated bank account. 6. GC Spread Gift Card Spread is another website for selling unwanted gift cards. You post the amount you want for the card, and the site’s algorithm assesses the deal. The AI decides if it’s a good deal or if it wants to reject your deal. They may also counter your offer, so it’s a good idea to go in a bit high. You get a response for your deal request within 24 hours and fast-tracking your transaction. If you decide to accept the offer, you’ll enter the gift card information on the site and ship your card to their offices in Chicago. After they receive your card, they’ll pay you out. According to users of the site, the average time to receive a check, deposit into your nominated bank account, or PayPal payment is around two to four weeks. Where Can I Sell My iTunes Gift Card? If you have an iTunes gift card, you’ll get the best value for it on Game Flip. This site sells and buys thousands of iTunes gift cards every day. You’ll need to create an account to register with the platform and sell your gift cards. If the platform accepts your card, they’ll require you to mail it to them, and they’ll pay you out using PayPal or check. Where Can I Sell My Amazon Gift Card? Amazon gift cards are big business and possibly the most in-demand gift card available. You’ll never have a problem finding somewhere that wants these items. So, where can you get the best value for your unwanted Amazon gift cards? We recommend you sell it to friends or colleagues at work. You’ll get instant gratification and an immediate payout without the hassle of dealing with a third-party platform that takes a commission from the sale. Since Amazon is such a popular sale platform, you won’t find it hard to sell it to someone you know. Most of the outlets in this review will take a 5% to 10% commission for brokering the deal. So, give your friends a 2% discount, and everyone wins. Where Can I Sell My Egift Card? Do you have an eGift Card? Cardpool offers you the best destination for selling your virtual gift cards. Many other sites in this review don’t have options for selling virtual gift cards, so this site is your best bet to get cash back for your eGift card. You can receive your payments through a check in the mail or swap your gift card for a card with other retailers you use. According to the site, you’ll receive up to 92% of the face value of the card. You can accept the immediate offer from the site, or you can list it for sale in the marketplace to see if you get a better price. What are My Options for Giving Away Unwanted Gift Cards? If you have a gift card you want to get rid of and don’t want to use the options we listed thus far, you can always use one of these strategies. Re-gifting Your Unwanted Cards If you don’t want to go through the hassle of reselling your gift card online, you can always repurpose it and gift it to a family member or friend. This method is ideal for seniors that aren’t PC savvy or don’t trust the system of mailing away their cards without having cash in hand for the deal. However, ensure you’re gifting the card to someone who will utilize it. Gifting the card to someone who never uses the vendor will just repeat the cycle, and they’ll think it’s a poor gift choice. If they shop with the brand, you’re adding value to their experience while getting rid of a card you’ll never use – everyone wins. Donate Your Unwanted Gift Cards You can also donate your unwanted gift cards to those in need. You could gift it to a charity that will get value out of their card. You could send it to a nursing home, a food pantry, or any other charitable organization that will be grateful for your contribution. Fundraising committees are another option. These organizations are always looking for any donation they can get from the public. They can use them for upcoming events to lower the costs of hosting their guests, or they can use them as prizes on the day of the event. You can save your unwanted gift cards and use them for an Angel tree event. These events collect cards and distribute them to families in need around the holidays. However, make sure the cards don’t have an expiry date. It will be a letdown if they’re all invalid, and the recipients will feel like you ripped them off. If you’re a member of religious organizations, you can donate your cards to their charity and outreach drives. People are always grateful when others donate something they can use in their lives, and a gift card is a flexible, thoughtful way to bring joy to people who don’t have much of it. Buy Products and Resell Online Another option to get rid of your gift cards is to use them to purchase products and resell them online. You don’t have to be an eCommerce professional to implement this strategy. If you purchase an item in high demand, you can sell it for profit on sites like Craigslist, eBay, or Facebook marketplace. This strategy might take more time and effort, but it’s easy to implement. Buy Supplies for Homeless or Dog Shelters If you have Sam’s club or Amazon gift cards, you can use them to purchase items needed by organizations like animal shelters. Arriving on site with blankets and food for dogs and cats spreads some cheer around the kennel, alleviating the financial pressure on the organization. Homeless shelters are also a great way to repurpose gift cards for those in need. Wrapping Up – You Have Plenty of Choice When Selling Your Unwanted Gift Cards Receiving a gift card is way better than an unwanted sweater from your aunt this Christmas. Gift cards are pretty close to cash, and the ideas in this review give you plenty of strategies for milking the value out of your gift cards. All of the options in this review are solid, and we recommend them as the best options for selling or swapping your cards online. If you’re feeling charitable, you could use our idea of giving them to needy people, provided you don’t need the cash.
The Original Article can be found on MoneyCheck

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