We also checked out how big the discounts were on cards available for purchase from top brands. Prepaid cards are designed to be reloadable, and as such, they sometimes carry fees. If you’re feeling generous, you can donate your gift card to a site like, If you want to turn your unwanted gift cards into airline miles with United, check out. The number of customers affected later increased to 70 million. We encourage you to also seek the one-on-one help of a certified professional. On the other hand, if there is a high demand for a small number of cards, the discount will be less. favorite this post Feb 14 WE BUY … If that’s what you’re after, this isn’t the site for you. There are a lot of things you can do with a gift card once you've used it. You've probably seen them at stores like Walmart or CVS. Money Mart has more than 1,335 locations worldwide and offers check cashing, cash for gold, and other financial services, including buying gift cards. Thanks for the great suggestions! People, often GC dealers, meet in person to purchase them for cash on the spot…also Letgo.com is another place to sell them locally. Another thing to keep in mind when deciding between digital and physical gift cards is how organized you are. They accept major credit cards … Another thing to look for with gift card exchange sites is reliability. Regardless of how you choose to sell or get rid of your gift card, these options are generally better than letting the card expire or get misplaced. This website is easy to use. Coupled with an impressive A rating from the Better Business Bureau, this is the gift card exchange company we’d recommend. While our tests looked for three well-known gift card retailers across all websites, we acknowledge this is flawed because those cards could reappear or disappear from any site at any time. The catch here, however, is that there's usually a fee involved, and you don't get the full value of your gift card in dollars, as most will only give you a percentage of the value. It might be easy to use your credit or debit card, but it’s not always safe. If you are able to find a good deal, though, then there is a welcome 45-day guarantee on all purchases. Turn unused gift cards into cash or buy discount gift cards to save money every time you shop with CardCash. While there are places with physical locations in many states, the easiest options are online sellers that allow you to upload card information with no mailing required. We will add these to the article. If the other companies we tested aren't giving you the results you want, you might want to consider GiftCardBin. Buy gift cards from sources you know and trust. : Yes | Buys store credit? Make sure gift cards don't have any extraneous fees. Secure websites have a small padlock symbol in the address bar, sometimes accompanied by the word “secure.” We’d also recommend making sure wherever you’re shopping has some kind of buyer’s guarantee so you’re protected when buying from secondary sellers. These resellers will not allow you to set your own price, but they claim to offer up to 92% of the value of the gift card (actual offers vary). The most selfless of all strategies is also the one that requires the least … Note, however, that this swap program is merely a community of Reddit users following a set of guidelines. Place 4 Gift Cards App Referrals. Our card is welcome throughout the resort and can be used toward your guest room or suite, or treat yourself at our spa, restaurants, bars, retail boutiques and more. Keep this in mind if you're shopping but don't know what kind of gift card to get a friend or loved one. : Yes | Buys store credit? CardKangaroo guarantees the stated balance up to $500 of purchased gift cards for 100 days from the day you buy them. 100% satisfaction guaranteed. The number and variety of retailers you can buy gift cards on exchange websites changes all the time. : Yes - limited | Maximum payment: Up to 85% of value. It looks like the most popular places to resell e-gift cards remains letgo and Craigslist, but you may also try Facebook marketplace. Check Into Cash offers small, short-term loans and paycheck advances. Your card’s resale value will depend on the brand and the current balance, so if you’ve used the card, you’ll need to check the remaining balance. What happens if a gift card exchange gives me a card with an inaccurate balance? Low Income Finance Help. Amazon knocked Walmart out of the No. Avoid buying gift cards from online auction sites, because the cards may be counterfeit or stolen. Today, we’re going to show you the best places where you can get the most bang for your buck when it comes to selling those unused gift cards you got for Christmas(or any other occasions.) : No | Maximum payment: Up to 85% of value. Zeek, Zapper and Cardyard let you sell unwanted gift cards and vouchers online for cash. Choose a gift card amount $10-$500. These vary by card, so it’s important to read the fine print if you go this route. However, we found during tests that the final amount we received was comparable to other sites, which can levy hidden fees. One disadvantage is the app is only available on the Apple App Store. We take a look at how they stack up. You can get paid via PayPal, direct deposit, and a check in the mail (although this last option carries a hefty fee, so we cannot recommend it). Sites such as Cardpool and Raise help you trade in those unwanted cards for cash. This is of course not the case with multi-store cards, which usually list every store you can use it at on the card. The RGCA was founded in 2008, and its goal is to grow and preserve the gift card industry. Like other exchange websites, each retailer has a saving of ‘up to’ a certain amount. Gift Card Granny is another best site to sell gift cards. $0. ©2013 - 2021 More Holdings LLC | All Rights Reserved. Gift Card Statistics. Along with more customer choice, these kinds of cards are good because you're protected in case one store or restaurant closes. You can find out by visiting the retailer’s website and looking up the balance on your gift card. We made sure all of the websites we reviewed were secure, but we also found some sketchier options out there we wouldn’t recommend. : Yes | Maximum payment: Set your price. We’ve been reviewing gift card exchange websites since 2010, and we know it can seem like a roller coaster. : Yes | Buys digital store credit? The program is not officially run by a company. Make sure that the codes on the back of the card … Commercial Truck Parking Nearby? One of Cardpool’s main advantages is its one year guarantee. https://firstquarterfinance.com/places-that-buy-gift-cards/. If dozens of punch cards and gift cards tend to get lost and forgotten in your wallet, a digital card will be much more useful. “A last resort,” Hollars says, “would be to use the gift card … Medicaid Help. Whilst not accredited, an A+ BBB rating indicates a high level of customer satisfaction - one of the major perks of GiftCardBin in comparison with leading sites. Gift Card Exchange kiosks are yellow and only work with gift cards. Top Ten Reviews is part of Future US Inc, an international media group and leading digital publisher. Popular stores see lower discounts. Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email this to a friend (Opens in new window), Where to Sell Antiques Nearby or Online: 12 Options Detailed, Gold Buyers Nearby: 11 Places to Sell Gold in Person, gift card return policies by store and state, Semitruck Parking Nearby? Our Story. We bought gift cards from leading retailers and found out how much we could get in return for selling them. Our article explains gift card return policies by store and state. Whether it’s around the holidays or not, scammers look for ways to steal information and money. If you know your way around gift card exchanges and have used them many times before, you may have reached the point where you have a bunch of cards with $0 balances. Cardyard is the UK's only gift-card exchange … Particularly useful when you have a few Visa / Mastercard / AMEX / Discover gift cards … Gift cards have to be used at the merchant that is listed on the card. Blog. Inspect a gift card before you buy it. GiftCardBin. We buy gift cards from most major retailers. Contact customer service for that exchange, and tell them immediately. If you’re in a hurry, digital gift cards are the way to go. In the case of an unwanted gift, the recipient simply brings the unwanted … You won’t get 100 percent of the value of the gift card you’re selling, but that’s normal; it’s how gift card exchanges make money. If you decide to go this … However, if you’re looking to sell your gift card you might be in for more luck. If you’re wondering what the best place to sell gift cards online or in person is, check out our list. They’ll be able to right the wrong and get you back any money you lost. + Donor Eligibility, Locations, etc, Where to Sell Gift Cards for Cash (Plastic or Electronic): 4 Options Listed, Consignment Shops That Pay Cash Upfront: Nearby Options Listed, 35 Places That Buy Phones Locally & Online (Including Broken Phones), Direct Sales Pet Companies: pawTree, For Tails Only, & More Compared, How to Make Money on the Side: Business Ideas, Jobs From Home, etc, What Can I Pawn for 100 Dollars? This Old House, a home builders website, has a lot of home improvement uses for old gift cards. The option of PayPal and direct debit payments also mean you can have this money in a matter of days, which is faster than most other gift card exchange companies. And yes thanks MnM, I didn’t think of letgo or Craigslist. When you receive a gift card you don’t want, a good first course of action is to try and return it, though not all stores allow this. Even if you take every precaution, however, it’s possible to get scammed, so we recommend using one of the gift card exchange websites we tested. Buy West Palm Beach, FL Electronic gift cards … © The rates offered by CardCash were higher than most competitors, Buys physical cards? NY 10036. Raise offered us good money for our gift cards, and had deals on top retailers with an additional option of cashback where gift cards weren’t available. While it offers ‘up to’ significantly large discounts on vouchers for big retailers, the reality of CardCash is often disappointing with often less than a percentage off full retail price - which really isn’t worth the bother. If you’re buying gift cards you can expect to see discounts of up to 35%, meaning you’d pay $65 or more for a $100 gift card. GameFlip. For the highest possible payment amounts and flexible payout options, consider listing your gift card(s) on Raise. How it Works. : No | Maximum payment: Up to 92% of value. A great new way for businesses, charities & other organizations to offer rewards and incentives to employees, customers & partners by purchasing gift cards in bulk. Will a gift card exchange rip me off? STEP 1. According to Wallet Hub, Amazon was the most preferred gift card last year. You might feel safe and secure using your debit and credit cards at everyday retailers or big box stores, but some of the largest companies have experienced data breaches that left consumers vulnerable. Did you know you could exchange gift cards for cash? These agencies do not accept payment via gift card. Below, we list the gift card resellers, financial service stores, and other retailers that buy gift cards. Gift Card Statistics. Instead of trying to keep our thumb on how many individual retailers were available, we searched for three big players –  American Eagle, Macy’s and Walmart – at the same time on the same day across all the websites we tested. The Breakers Gift Card. Think of any family or friends who might use your card, and offer to sell or trade the card to them. For example, most exchange sites offer between 80-85% of the value of the card. For example, they're extremely handy to have in your pocket to use as a straight edge. Until you’re ready to use the card, leave the scratch-off material on the PIN number on the back of the card. You can search by discount, store, category or your own favorites once you create an account. Even with the best sites, you can expect to wait a few days before getting your cash, even with electronic transfers. Here are a number of options to convert your unwanted gift cards: Option 1: Turn your Visa gift card into an Amazon gift card. Use exchange services that verify the balance of a gift card before selling it. If you have a sharp enough blade, you can even cut a gift card into a multipurpose tool to keep in your wallet. You can also easily turn an old gift card into a stencil with a pair of scissors. If you shopped at Best Buy in September or October of 2017, you also may have had your information stolen. It has several tips to keep in mind while shopping for gift cards to ensure you're getting a good deal and avoiding fraud: The reason we can't recommend Cardpool is that it has an F rating with the BBB, the lowest rating they give. Raise has a well-designed gift card exchange website. We here at Top Ten Reviews won’t leave you hanging. The layout is clean and modern and it's clear where to go to buy, sell and earn rewards. You can set your own price for the card, and since Raise claims a 15% fee of the selling price, you can expect to get up to 85% of your listing price. If you absolutely want to be paid in cash for your gift card(s), we also list where to sell gift cards for cash. A good all-rounder, with a decent selection of cards, Buys physical cards? Visa preloaded cards are also an exception, as they can be used anywhere in place of a debit or credit card or cash. 1 spot in 2017, which signals the rising popularity of online shopping. Cards never expire. Others allow resale through authorized vendors. These codes can then be used for online shopping, though most retailers will let you use them in person at the cash register if you have all the required information like the full card number and activation code. Card Kangaroo has an inventory of about 1,300 cards as of last November and has served nearly 59,000 customers. Sell, trade, or gift to someone you know. Digital cards will appear in your account within two business days - longer than some promise. : No | Maximum payment: Up to 92% of value. If you'd rather trade for a different gift card you simply click that option after providing information about the card you no longer want. You use the card until the balance is gone and then discard it, though some retailers allow you to add more money to the card so you can continue spending with it. Read the fine print. It depends on the website, card you’re selling and overall demand, but most take 15% or less. As such, there is no one to back up your purchases, and it's possible to get scammed. Premier. They accept major credit cards as well as PayPal. Pinterest users have also compiled a long list of alternative uses for gift cards, including using them as covers for mini journals, cutting them into shapes to make magnets or recycling them as guitar picks. : Yes | Buys digital store credit? The same can be said for Sears and Delta Airlines according to USA Today. If a retailer tries to charge you a fee for using a gift card, we recommend using another method of payment or simply shopping elsewhere. We saw some impressive savings with GiftCardBin, so it’s worth signing up for alerts in case any of your favorite retailers crop up with a great deal. The gift card market is massive. With a free app to use on the go and lots of gift card options from dozens of exchange websites and even more retailers, Gift Card Granny has a good selection available, even if this comes in a different form to many of its competitors. Definitely worth taking into account! Gift Card Granny. For the most convenient selling options, online resellers will likely be your best bet. These machines are usually green. Sorry, your blog cannot share posts by email. Options are the greatest luxury. However, if you have have a loan on an item held for collateral or see something you want for sale in the pawn shop, you can always apply your unwanted gift cards towards paying your loan or purchasing the item you want… In December 2013, Target confirmed the credit and debit card information of roughly 40 million customers had been stolen. She said opinions differ by retailer, but most are in support of exchanges. A couple of places on your list, such as check cashing places, don’t. Will gift card exchanges take my really obscure gift card? Refer your friends and earn money when they make a purchase they can too get some money to accept the deal. Most gift card websites now focus on selling cards at a discount or buying in bulk. Many exchange sites will also sell 'second hand' gift cards and codes too, often at a discounted rate. Also, Wal-marts gift card t&c’s say they do not want their cards resold, so is Facebook a good idea? If this isn't too much of a hurdle for you, CardKangaroo is a great gift card swap option. If you are unable to sell your gift card to any of the places listed above, you can always consider trading it to someone you know or donating it to charity. This eliminates the need to use a credit or debit card and potentially put your personal information in a vulnerable position. For example, a Darden Restaurants card works at Olive Garden, Longhorn Steakhouse, Cheddar's and several other eateries. Premier. While you will likely not receive the full amount of the gift card, you can typically expect to get at least half of its value or more in the form of cash or a different gift card, which is better than keeping a gift card that you won’t use. Sell What You Buy With Gift Cards. Bulk Buy … : No | Maximum value: Up to 85% of value. The more of a certain card a website has, the more of a discount they’ll offer on it. If you’re selling an unwanted gift card, exchange websites take a cut. Other good options include resellers like CardCash. Is my gift card expired? 3 Nearby Stores, How to Become a Product Tester: 11 Companies Listed, Selling Clothes by the Pound: Where to Sell Old Clothes by Weight, How to Donate Blood for Money and Earn up to $500 per Month, Get Paid to Promote Products: Your Complete Guide (Online + In Person), How to Sell Breast Milk + the List of Milk Banks That Pay for Breast Milk, Companies Like Avon to Consider (Some With Lower Startup Costs), Where to Sell Bone Marrow for Money + How Much You’ll Get Paid, Multi-Level Marketing vs. Pyramid Scheme Companies: Which to Avoid, 25 Best Jobs for Seniors/Retirees (Part-Time, at Home, etc), How Much Does Egg Donation Pay? Finally, you collect your money from the store's service desk or at the kiosk if you have a reloadable Visa gift card. Earn G Money reward points on select purchases at GiftCards.com and save on future gift card … PLS offers financial services including check cashing, loans, and prepaid cards. Most gift card exchanges only accept cards from national chains or retailers. CardKangaroo guarantees the stated balance up to $500 of purchased gift cards for 100 days from the day you buy them.
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