Gift cards are a great way to spread joy and show appreciation, but they can sometimes be tricky when it comes to reaping the benefits. Have you ever found yourself with unused gift cards and had no idea how to get cash out of them? Unused gift cards don’t just have to go to waste. You can, in fact, turn them into cold hard cash. In this post, we’re going to take a look at the best online websites to sell unused gift cards.
How to sell unused gift cards online?
To sell unused gift cards online, you need to rely on reputable resale websites. That is the platform where you sell your unwanted gift cards must be trustworthy and reliable in terms of transparency, competitive pricing, safe payment structure, etc.
Before you list your unused gift cards online, know how much each gift card is worth. It is possible that you know the true value of your gift card already. But, in case you don’t know, most trusted resale websites come with quote tools that let you estimate the value of your gift cards.
Since you will be reselling your gift cards, it is important to understand that you might not get the full value of your gift cards. Pricing your gift cards at a discount can also help you find a buyer very fast.
In addition, you should consider the commissions you will pay for every successful sale. Most websites that buy and sell unused gift cards take commissions only after a successful sale.
Although the following list of websites to sell unused gift cards covers platforms that specialize in reselling gift cards; it does not mean you need to be stuck with them. If you have a Facebook account, you can list your gift cards on your Facebook Marketplace account. You can also use Craigslist and similar sites and social media. What matters is that you get a sale.
Finally, the platform you use might come with gift card swapping options. So, decide ahead of time whether you are interested in selling or swapping for a different gift card from your favorite store.
The following are the best websites to sell unused gift cards.
1. CardCash
One of the best sites to sell unused gift cards is CardCash. This online unused gift card platform can help you turn your gift cards into cash. Keep in mind that you will pay a commission once your gift cards are sold. For this reason, you should not expect to pocket 100% of the sales price.
But, if you have unwanted gift cards, CardCash is the best place to sell them. The process of selling unused gift cards on CardCash is simple and straightforward. All you have to do is to create an account, get quotes, submit your gift cards, and get paid.
The platform has an option to:
- Get a quote on your gift cards which allows you to make a sales decision.
- Swap your gift card for another gift card. You can trade in your unwanted gift cards for cards from your favorite vendor. You might also get 11% more after trading in your unused gift cards.
Once your gift cards are sold, you will get paid via a normal check, ACH, or Paypal.
2. Gameflip
If you have digital gift cards, Gameflip is your to-go marketplace. In order to sell your unused gift cards on Gameflip, you first need to make a profile and create a listing for your gift cards. Some of the most popular gift cards to sell on Gameflip are gaming gift cards such as PlayStation Network, Xbox, Google Play, Starbucks, Amazon, etc.
Once a sale is made, you will get paid inside your Gameflip wallet and then reclaim your funds using Bitcoin, Payoneer, and other supported payment systems such as Wise and Skrill.
One of the benefits of selling your unused gift cards on Gameflip is that you don’t need to be a video gamer to sell your gift cards there. All you need is to understand the value of your unused gift cards and price them accordingly. It is important to sell your unused gift cards at a two to fifteen percent discount to attract more buyers. You also have to pay a commission and possibly two percent of the digital fee.
3. ClipKard
ClipKard is one of the best websites to sell unused gift cards. Like most online gift card retailer stores, before you can sell your unused gift cards online, you will first need to know if your card is being accepted. There are tools you can use to know:
- If your card can be accepted and
- Get a quote on how much your unused gift card is worth.
Once your unused gift card is accepted and you are happy with the payment, you can mail the card to the ClipKard location using USPS Prepaid shipping label.
Depending on the value of unused gift cards you buy or sell on the platform, you will earn points. You can redeem your points in cash value after getting 1,000 points.
Some of the most popular gift cards on ClipKard include but are not limited to cards from:
- Kohol’s
- GameStop
- T.J. Maxx
- Forever 21
- THE HOME DEPOT
- Nike
- Bed Bath & Beyond
- JCPenny
- OLD NAVY
- PETSMART
- Toys R US
This platform is so great that besides buying and selling unwanted gift cards, you will also earn points, earn rewards, get discounts, and have a 60-day guarantee.
4. Raise
If you never heard of Raise, this platform is an e-commerce platform launched in 2013. Raise is a free unused gift card marketplace. However, once your gift card is sold, you will pay Raise a 15% commission.
On this platform, you can sell all kinds of unused gift cards such as those from major retail stores like Walmart, Best Buy, Amazon, etc. Keep in mind that most gift cards get sold at a discount based on demand and supply.
Although you can sell a diverse range of unused gift cards on Raise, there is a minimum value that each gift card must have. For digital gift cards or eGift, the minimum value should be $5. All physical gift cards must have a minimum value of $10 before you can sell them on Raise. Finally, any gift card worth more than $2,000 cannot be sold on Raise.
You can also have access to a wide range of other products on Raise such as coupons from different retail stores which include Amazon, Nike, Walmart, Adidas, etc.
5. GiftCash
GiftCash is an online platform that lets you sell digital and physical unused gift cards. Just like most gift card stores, you can get quotes on the value of your gift card and choose to sell based on the estimated price.
If you are interested in swapping gift cards, however, you will not be able to do so because GiftCash does not allow gift swapping. But, you can easily submit your unwanted gift card information and get instant cash.
Some of the most popular gift cards on GiftCash include but are not limited to the following.
- COSTVO Wholesale
- DICK’S sporting goods
- Gap
- Bed Bath & Beyond
- Banana Republic
- IKEA
- Instacart
- The HOME Depot
- Old NAVY
- Kmart,
- LOWE’S
- SEPHORA
- ULTA beauty
6. Cardsell
CardSell is an app that allows you to sell almost any unused gift card. You will first need to download the app, create an account, and then share your gift card information. This allows the app to verify the validity of your card with its retailer.
In order to get paid, you will need to have a Paypal account. This is because Cardsell uses PayPal as a formal payment method for its users.
How to sell unwanted gift cards online through Cardsell?
- First, download the app
- Enter information about your unused gift cards
- The website then verifies your gift card
- Get paid via Paypal.
7. QuickcashMI
This online platform buys all kinds of unused gift cards from almost all major brands. This company says that it is Michigan based, locally owned, and operated. If you are interested in selling your unused gift cards, you can sell them to QuickcashMI and receive a check in your mail. The website will give you an estimate of how much you will be paid for your gift cards.
Is it safe to sell unused gift cards online?
Yes, it is safe to sell unused gift cards online as long as you take the necessary steps to ensure the transaction is secure. To ensure the utmost protection, it is advised that you use an online payment service such as PayPal that offers transaction protection for buyers and sellers. Additionally, you should pay attention to details such as the buyer’s contact information and confirm that the card is indeed unused before completing the sale.
In addition to these precautions, it is essential that you use a trusted resale website that specializes in these types of transactions. You should also focus on the terms of use before listing and selling your unwanted gift cards.
How to maximize your profits from selling unused gift cards
- Identify your target customers. Knowing who your target market is for unused gift cards is essential for maximizing your profits. Evaluate who will be interested in buying such a product like people looking for a bargain or parents seeking a birthday present for their child.
- Determine the value of your gift cards ahead of time. Once you’ve identified your customer, you will need to determine the value of your unused gift cards. Take into account the card’s expiration date. The higher the value, the more likely people will be willing to pay a premium price.
- Decide whether you want to sell or swap for another card. Sometimes, you might need to swap your gift card with another one from your favorite store.
- Create a Clear Offer. Make sure that you create an offer that reflects the value of the card. It is critical to consider expiration dates and offer discounts to sell your gift cards faster.
- Choose the Right Platform. Make a decision on what platform you will use that works best for you. Consider both online and offline options to maximize your sales price. Also, choose a platform that is safe with a trusted payment method such as Paypal.
- Promote Your Offer. You can also market your gift cards on social media to people you already know. You never know where the sale will come from.
Things to keep in mind when selling your gift cards online
Before you sell your unused gift cards online, first understand that your gift cards might not be sold at their face value. This is because you will be reselling them, and therefore, listing your gift cards at a discount help you sell your unwanted gift cards faster. You should also understand that once a sale is finalized, you will pay a commission which will more likely be a percentage of the sales price.
In addition, there are different platforms with different payment systems and offers. For example, some websites to sell gift cards online give you points and bonuses. Others have options to swap gift cards. So, choose your platform based on what you want the most. You should also market your gift cards to online and offline marketplaces to lock in a higher sales price.
What are the benefits of selling your unused gift cards?
One of the best benefits of selling unwanted gift cards online is the ability to make extra cash from the comfort of your couch. It is easier, faster, and more convenient to sell gift cards online. In addition, you will get a quote in a matter of minutes. If you chose to sell your gift cards, you will also get paid instantly through safe payment platforms such as Paypal.
Depending on the platform you use, you might get a chance to swap gift cards. That is you can easily trade in your unwanted gift card for another card that you need. Selling your unwanted gift cards online also gives you a chance to compare multiple quotes and choose the one with the highest offer.
What are the drawbacks of selling gift cards online?
Selling gift cards comes with its own drawbacks. The most obvious downside of selling your gift cards online is the commission you will pay to the platform. Of course, it will all depend on the platform you use. For example, if you used Facebook Marketplace and the customer stops by your place, there won’t be any commission. But, if you some of the platforms we covered in this article, you might pay a commission.
You will need to sell your gift cards at a discount. Due to competition, you might need to list your gift card at a discount to make a sale. Also, if a platform is buying your gift card in order to resell it, you will get a much lower price. At the end of the day, the platform must make a profit. For this reason, you cannot get the face value of your gift card.
Selling and buying products online always comes with the risk of scams. Unless you are using a trusted online website, you might end up giving your gift card away and personal information to scammers.
