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Best place to sell gift cards for cash

best place to sell gift cards for cash

If you're wondering what the best place to sell gift cards online or in person is, check out our list. Cardpool. Official website: office-com.us Gift Card Granny. Official website: office-com.us Raise. Official website: office-com.us Coinstar Exchange. CardCash. GiftCardSwapping. Monster Gift Card. GiftCardBin. Why Sell Gift Cards for Cash? Got a gift card you don't want? Then sell it for cash online, at a mall kiosk, in some grocery stores or at select. 1. GiftCardBin. Sellers here have the option of either selling gift cards online or in​-store for instant cash by visiting any of their partner.

Best place to sell gift cards for cash -

Visit Site If the other companies we tested aren't giving you the results you want, you might want to consider GiftCardBin. You can search by discount, store, category or your own favorites once you create an account. You can buy electronic or physical gift cards and if you choose the latter you can expect it in the mail within ten business days.

Digital cards will appear in your account within two business days - longer than some promise. You can also get vouchers printable at home and redeemable in-store for certain retailers. Read our GiftCardBin review Why trust us? The payout for selling a card and the discounts available when buying them seem to fluctuate almost daily.

On the other hand, if there is a high demand for a small number of cards, the discount will be less. The gift card market is massive. Marina Hodges, chair of the Retail Gift Card Association said the group is made up of about 90 members representing retailers, card producers, gift card exchanges and others.

She said opinions differ by retailer, but most are in support of exchanges. Tips and tricks The RGCA was founded in , and its goal is to grow and preserve the gift card industry. At the same time, the group recognizes the risks associated with using third-party resellers like gift card exchange websites. In an official statement on the RGCA website, users are encouraged to educate themselves on gift card exchanges before using one.

It has several tips to keep in mind while shopping for gift cards to ensure you're getting a good deal and avoiding fraud: Use exchange services that verify the balance of a gift card before selling it. Make sure you can track your payout method through the gift card exchange website.

Use gift card exchanges with buyer guarantees that are in effect even after you receive your card. Never give out gift card information over the phone to someone claiming to be with the police, a utility company, the government or any other third party.

These agencies do not accept payment via gift card. Store your cards in a secure place. Use gift cards quickly. Read the fine print. Make sure gift cards don't have any extraneous fees. Why did we not list Cardpool? The reason we can't recommend Cardpool is that it has an F rating with the BBB, the lowest rating they give.

Definitely worth taking into account! We read many reviews that suggested Cardpool did not send out cards or pay the proper amount when purchasing from sellers. As such, we cannot recommend this site, but you are obviously free to consider it.

Unlike competitors such as CardCash, who only guarantee for 45 days. Cardpool also gives you the option of being paid in Amazon gift cards: a unique offer among the companies we reviewed. We particularly liked the Cardpool app, which gives you access to a digital wallet and allows you to buy gift cards on the go; maybe even while waiting in line at checkout.

You can pay in-store directly from your phone and get your shop for less. One disadvantage is the app is only available on the Apple App Store. Popular stores see lower discounts. What about Cardpool kiosks? Cardpool is unique in that it offers its gift card exchange service through kiosks. These kiosks are usually located inside another store, such as a Target, and you can locate one using Cardpool's online map search feature.

Once you find a location, simply bring all your unwanted gift cards to that store and swipe them at the machine. You can also exchange electronic gift cards. You can get up to 85 percent of the card's value at a kiosk, though your return will vary depending on the type of gift card you exchange. The kiosk prompts you to enter your personal information and then offers you cash in return for the cards. Finally, you collect your money from the store's service desk or at the kiosk if you have a reloadable Visa gift card.

To use a kiosk you need a government-issued ID, cell phone number, email address and sometimes a credit card number. If you are asked to enter credit card information, Cardpool will never charge it without your permission.

However, if the gift card you sell was obtained illegally, you could be charged. If you are used to using Coinstar kiosks you probably noticed some changes in recent years. Cardpool now owns Coinstar Exchange kiosks, so these machines can also be used for counting your change and giving you cash along with exchanging your unwanted gift cards.

These machines are usually green. Gift Card Exchange kiosks are yellow and only work with gift cards. We bought gift cards from leading retailers and found out how much we could get in return for selling them.

We also checked out how big the discounts were on cards available for purchase from top brands. When it was an option, we also downloaded the app to make sure it worked as advertised and while the majority of gift cards out there are digital, we also looked at shipping rates for shoppers looking for a physical gift card.

The number and variety of retailers you can buy gift cards on exchange websites changes all the time. We then assigned a letter grade corresponding to whether the website had cards available for purchase from those retailers. We also used the Better Business Bureau to make sure these gift card exchange websites are legitimate. Prepaid vs gift cards A gift card is essentially like cash you can only spend at a specific store. 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.

Not all stores allow you to reload existing cards, and there's a chance the store could give you a new gift card every time you want to add money. 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.

Prepaid cards are designed to be reloadable, and as such, they sometimes carry fees. These cards are often available from credit card companies like Visa and can be used on everyday expenses. Or, you can avoid this quagmire altogether and opt for a gift card. Some websites deal only in digital gift cards.

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.

Another thing to keep in mind when deciding between digital and physical gift cards is how organized you are. 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. How much do gift card exchanges cost? This too depends on the retailer and demand for that card.

We found these discounts to usually be a bit more modest. 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. Most popular gift cards According to Wallet Hub, Amazon was the most preferred gift card last year.

When you're looking at gift card exchange websites check out Cardpool, which offers Amazon gift cards in exchange for cards from retailers you don't buy from. Visa was the second most preferred gift card, followed by Walmart and then Target.

Keep this in mind if you're shopping but don't know what kind of gift card to get a friend or loved one. These retailers are very popular, so the odds are this card will get used.

Amazon knocked Walmart out of the No. Usually displayed on large stands, you can oftentimes purchase gift cards from numerous retailers without having to visit the store itself.

These cards usually work for restaurants or businesses that are owned by the same or partner companies. These cards are great if you're unsure what kind of card to get a person or simply don't know much about what they like to eat or buy. Along with more customer choice, these kinds of cards are good because you're protected in case one store or restaurant closes.

They also don't have any fees. 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.

In December , Target confirmed the credit and debit card information of roughly 40 million customers had been stolen. The number of customers affected later increased to 70 million. If you shopped at Best Buy in September or October of , you also may have had your information stolen.

Gift cards can help you avoid having your identity or information stolen. Simply purchase gift cards at retailers you frequent with cash and use them like debit cards.

This eliminates the need to use a credit or debit card and potentially put your personal information in a vulnerable position. You can also use gift card exchange websites to acquire gift cards and use them to make everyday purchases at stores you frequent. FAQs Can I use a gift card anywhere? Gift cards have to be used at the merchant that is listed on the card. This is of course not the case with multi-store cards, which usually list every store you can use it at on the card. Visa preloaded cards are also an exception, as they can be used anywhere in place of a debit or credit card or cash.

Will a gift card exchange rip me off? The gift card exchanges we reviewed are all reputable with secure checkout, so your information stays safe. Will gift card exchanges take my really obscure gift card? Most gift card exchanges only accept cards from national chains or retailers. Is my gift card expired? What happens if a gift card exchange gives me a card with an inaccurate balance?

: Best place to sell gift cards for cash

Best place to sell gift cards for cash Plus, there are fees involved in selling best place to sell gift cards for cash card through GiftCardSwapping. They can list the card and choose the best offer β€” to make instant cash online. If you have a sharp enough blade, you can even cut a gift card into a multipurpose tool to keep in your wallet. Gift card exchange and Reddit If you're looking to swap gift cards in an unofficial way, one option is Reddit's gift card exchange program. Marina Hodges, chair of the Retail Gift Card Association said the group is made up of about 90 members representing retailers, card producers, gift card exchanges and others. If you accept the offer and send the gift card, GiftCardBin will verify your gift card and send payment via PayPal or check.
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