Gift cards are popular gifts for birthdays, holidays, and other special occasions. However, sometimes these cards go unused, leaving you with a balance that might go to waste. If you have gift cards you don’t plan to use, selling them online for cash is a great option.
This guide will explain everything you need to know about how to sell gift card online, including the benefits, where to sell them, and how to get started.
Can You Sell Gift Cards Online?
Yes, you can sell gift cards online! Many websites allow you to turn your unwanted gift cards into cash. The process is simple and convenient, and you can do it from the comfort of your home. Selling gift cards online has several benefits:
- Convenience: You can sell your gift cards anytime, anywhere.
- Quick Cash: Get instant cash for your unused gift cards, which can be used for anything you need.
- Avoid Expiration: Prevent your gift cards from losing value due to expiration dates or inactivity fees.
- Wide Range of Buyers: Online platforms have a large customer base, increasing the chances of a quick sale.
Where Can I Sell My Gift Card Online for Instant Cash?
There are several reputable websites where you can sell your gift cards for instant cash. Here are some of the most popular options:
Cash for Gift Card
Cash for Gift Card offers good rates for various gift cards and provides an easy process for selling them. You can get paid via PayPal, direct deposit, or check. They also offer a trade option if you prefer to exchange your gift card for another one.
Raise
Raise lets you list your gift card for sale at your desired price. Once it sells, you get paid through direct deposit, PayPal, or check. Raise also has a mobile app, making it even more convenient to sell your gift cards on the go.
Cardpool
Cardpool is another reliable platform where you can sell your gift cards. They offer instant payouts and several payment options, including Amazon gift cards and checks. Cardpool also accepts both physical and electronic gift cards.
Gift Card Granny
Gift Card Granny combines offers from multiple platforms, helping you find the best rate for your gift card. You can choose the platform that offers the highest payout. They also provide customer reviews for each platform, helping you make an informed decision.
Gift Card Spread
Gift Card Spread allows you to sell your gift cards for cash or trade them for other gift cards. They offer good rates and fast payments via PayPal or check. Their website is easy to navigate, making the selling process quick and hassle free.
Before choosing a platform, it’s essential to read reviews and compare offers to ensure you get the best deal.
How to Sell Unused Gift Cards Online?
Selling your gift cards online is a simple process. Follow these steps to get started:
Step 1: Choose a Platform
Select a reputable platform to sell your gift card. Consider factors such as the platform’s reputation, customer reviews, and payout options.
Step 2: Enter Gift Card Details
Once you’ve chosen a platform, enter the details of your gift card, including the retailer’s name, card number, and remaining balance. Some platforms may also require the PIN for verification.
Step 3: Receive and Compare Offers
After submitting your gift card details, the platform will provide an offer based on the card’s value and demand. It’s a good idea to check offers from multiple platforms to ensure you’re getting the best rate.
Step 4: Accept the Offer
If you find an offer you’re satisfied with, accept it and follow the platform’s instructions to complete the sale. For digital gift cards, this usually involves providing the card number and PIN. For physical cards, you may need to mail the card using a prepaid shipping label provided by the platform.
Step 5: Get Paid
Once the platform verifies your gift card, you’ll receive your payment. Common payment methods include PayPal, direct deposit, or check. Choose the payment method that best suits your needs and preferences.
Tips for Gift Card Exchange Online
To maximize your profits and ensure a smooth selling process, consider these tips:
- Compare Multiple Platforms: Don’t settle for the first offer you receive. Check multiple platforms to find the best rate for your gift card.
- Read Reviews: Choose platforms with positive reviews and a good reputation to avoid scams.
- Sell High Demand Cards: Gift cards from popular retailers often fetch higher prices.
- Stay Informed About Market Trends: The value of gift cards can fluctuate, so stay informed to sell at the best time.
- Understand Terms and Conditions: Make sure you understand any fees or conditions associated with the sale.
Conclusion
Selling gift cards online is an easy and efficient way to turn your unused cards into cash. By choosing a reliable platform and following the steps outlined in this guide, you can quickly and easily sell your gift cards and get instant cash. Whether you need money for an emergency or prefer cash over a store specific card, selling your gift cards online is a smart and practical solution. Start today and enjoy the benefits of instant cash from your gift cards!