How to Sell Unwanted Gift Cards for Cash

Posted on

Gift playing cards are an inevitable present that you simply’ll probably obtain no less than as soon as throughout Christmas, however right here’s how to promote undesirable present playing cards for money.

Don’t get me mistaken, present playing cards are nice for individuals who you don’t know fairly properly, however nonetheless need to give them one thing for Christmas, just like the mailman or your hair stylist. Nevertheless, when you give them a present card to a retailer that they don’t store at, you’ve primarily given them cash that they will’t or don’t actually need to use.

Typically you’re on the receiving finish of this, and getting a present card — whereas very beneficiant of the gifter — can typically find yourself being one thing that you simply’ll by no means use. So for those who don’t store at Macy’s and also you obtain a Macy’s present card, you’re type of caught between a rock and a tough place.

IMG_0860

The great news is that there's possible somebody on the market on the earth who would gladly purchase that present card from you and put it to good use, and in return you’ll get precise money which you could spend anyplace, not simply at Macy’s.

Commercial

 

When you've got some undesirable present playing cards that you simply’d slightly commerce in for some chilly exhausting money, right here’s how to promote them.

Gift Card Web sites

There are a handful of internet sites which are devoted to shopping for and promoting undesirable present playing cards, so there’s sure to be somebody on the market who will purchase your present card very quickly.

Screen Shot 2015-12-23 at 11.56.59 AM

A number of the best web sites on the market for this embrace CardHub, CardCash, Cardpool, and Giftcard Zen.

Nevertheless, there are variations in a few of these web sites. Some web sites, like CardHub, permit you to set a price and have another person purchase it from you, comparable to some other online market like Craigslist or eBay. The one draw back is that the present card could possibly be listed for weeks and not using a chew.

Different web sites, like CardCash, will instantly purchase your present card from you for only a fraction lower than what it’s value (with the good thing about having the ability to promote it instantly). This price can fluctuate based mostly on demand for that particular present card, although.

r/GiftCardExchange

For those who’d somewhat commerce present playing cards or obtain another sort of foreign money in return for your undesirable present card, Reddit’s r/GiftCardExchange is a superb place to take a look at.

Commercial

 

Screen Shot 2015-12-23 at 11.53.56 AM

The subreddit consists of customers identical to you who're wanting to eliminate their undesirable present playing cards, so it’s doubtless that you simply’ll have the opportunity to discover a present card you’ll truly use whereas promoting those you don’t need. Or you'll be able to merely simply ask for PayPal and even Bitcoin in return.

Be mindful, although, that the majority consumers will not often spend full price on your present card, so anticipate to lose as a lot as 20% off the face worth of your undesirable present card.

Regift Your Gift Cards

A good way to keep away from the effort of promoting your undesirable present playing cards is to merely regift them to another person.

IMG_0861

Regifting is a barely controversial follow, however increasingly more individuals are doing it nowadays, so it’s beginning to develop into extra acceptable within the present-giving world.

For those who obtain a present card to a retailer that you simply don’t store at, there’s maybe another person in your loved ones or circle of pals who do store at that retailer, making your present card an incredible present for them. Plus, you don’t have to spend any extra money on a present, so it’s a win-win state of affairs.