Daniel Gritzer

Have you ever received a gift card that you know you’ll never use? It’s a common occurrence, and it can leave you feeling stuck with a worthless piece of plastic. But what if we told you that you could unlock the value of your unwanted gift cards and turn them into cash? With online gift card exchange platforms, you can easily sell your unused gift cards and get cash in return. It’s a simple and convenient way to take control of your gift card collection and make the most of every dollar.

How can you unlock the value of unwanted gift cards?

By selling them online for cash! There are various websites that allow you to sell your unwanted gift cards for cash, helping you turn them into something valuable.

Why should you consider selling your unwanted gift cards online?

Selling your gift cards online can help you make some extra cash, while also freeing up space in your wallet or home.

How do online gift card marketplaces work?

Online gift card marketplaces work by allowing you to list your gift card for sale on their website.

Are online gift card marketplaces safe to use?

Yes, most online gift card marketplaces are safe to use.

How much money can you get for your unwanted gift cards?

The amount of money you can get for your unwanted gift cards varies depending on a number of factors, including the retailer, the amount of the gift card, and the demand for that particular gift card.

In conclusion, getting cash for unwanted gift cards online can be a convenient and profitable solution for anyone looking to declutter their wallet or earn some extra cash. With a simple and secure process, users can easily unlock the value of their gift cards and use the funds for whatever they need. Plus, by selling your unwanted gift cards, you can also help reduce waste and give someone else the chance to enjoy the gift card they truly desire. Overall, it’s a win-win situation that can benefit both the seller and the buyer.

But will you? About 6 percent of all gift cards are never used, according to Anduro Marketing. Rather than losing money, why not sell the card? The market has greatly consolidated in the last year. Most gift card websites now focus on selling cards at a discount or buying in bulk. The two main sites that still buy unwanted gift cards from individuals are Raise and Cardpool and they have very different business models. Cardpool buys cards directly from consumers. Raise lets you list the cards you want to sell on their marketplace. Founded in , Cardpool buys physical and e-gift cards from about major retailers, including clothing and department stores, movie theatres, jewelry and electronics stores, restaurants, pet and auto parts stores, and supermarkets. The process is simple and quick. Just enter the brand, card code and balance. Once that information is verified, Cardpool will make you an offer. There are two payment options Amazon eGift card or a check in the mail. In the next few months, the company plans to offer a few other payment options, such as Venmo, PayPal and Western Union. Cardpool CEO Jones pointed out that the company received some bad reviews last year. The site now has new management, he noted. Raise is a marketplace for selling gift cards. It accepts listings for thousands of major brands for free. You get to set the price. If the card sells, Raise collects the money from the buyer, deducts a 15 percent fee and forwards the balance via check, PayPal Funds or ACH direct deposit. Since Raise acts as the middleman in the transaction, neither the seller nor the buyer should worry about fraud. How much of a discount do you need to offer to get that card to sell? Raise can help you with that. If you want your card to sell in a couple of hours, you might want to be more aggressive with your discount. Otherwise, you could get burned. Remember A thief can drain the money stored on a card even if you have the piece of plastic in your possession if they trick you into giving them the number on that card. Want more tips like these? Sign up for our newsletter and follow us on Facebook , Twitter and Instagram. IE 11 is not supported. For an optimal experience visit our site on another browser. Better Logo. Share this . NBC News Logo. Follow better. Search Search. By Herb Weisbaum. How to tackle post-holiday bills Jan. Good Cents Holiday credit card bills rolling in? Here are 3 things you can do to pay them off. Herb Weisbaum.
Gift Cards Make money. There are many ways you can trade gift cards online instantly for cash or their equivalent. We have selected several sites and apps where you can sell unwanted gift cards. You could also choose to sell a gift card online for cash with instant PayPal payout , or even sell gift cards for Bitcoin. Finally, we also give options to sell gift cards for cash instantly nearby. 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 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. When you have a gift card in high demand like that of Amazon gift card or iTunes gift card, it is better to trade it in than to sell it. It is more profitable since you only need to swap the balance at a small fee. You can check the balance on your gift card using Gift card balance checker. There are several sites where you can sell unwanted gift card like CardCash and GiftDeals find the full list below. 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. Gift Card Granny is among the best and easy places to sell gift cards online electronically instantly. You are in a position to compare the prices of various consumers. You can get up to 92 percent of the face value of a gift card that is in high demand. If you need cash immediately, select the option Sell It Now and you will get cash deposit through PayPal or direct deposit. Gift Card Granny allows you to use your remaining balance on Amazon. Regardless of the amount left on your gift card, you can load the remaining balance into your Amazon account. Prepaid2Cash allows consumers to redeeming their gift card with cash or cryptocurrency. To use the platform, you need to download Prepaid2Cash app from the iTunes App Store or Google Play, sign up, and start your transaction.