Are you stuck with gift cards that you don’t want or can’t use? Instead of letting them go to waste, you can turn them into cash by selling them online. In this guide, we’ll show you the best places to sell gift cards online instantly and how to get the most money for them.
Why Sell Gift Cards Online
If you have gift cards that you don’t want, you may be tempted to just throw them away or let them expire. However, selling them online can be a much better option. Here are a few reasons why:
- Get Cash: Selling your gift cards online allows you to get cash in hand quickly. This can be especially helpful if you need money for bills, groceries, or other expenses.
- Avoid Expiration: Many gift cards have expiration dates, and if you don’t use them before that date, you lose the value of the card. By selling them online, you can avoid this problem and get the full value of the card.
- Get More Value: Some gift cards may not be useful to you, but they may be valuable to someone else. By selling them online, you can get more value for your card than you would by just letting it go to waste.
Best Places to Sell Gift Cards Online
Now that you know why selling gift cards online is a good idea, let’s look at the best places to do it. Here are some of the top websites and apps for selling gift cards online instantly:
- Cash for Gift Card: Cash for Gift Card is a website that allows you to sell gift cards from a variety of retailers. You can get up to 92% of the value of the card, and you’ll receive a payment within 24 hours of the sale.
- CardCash: CardCash is another popular website for selling gift cards. You can get up to 92% of the value of the card, and you can choose to receive payment via PayPal, ACH transfer, or check.
- Raise: Raise is a website and app that allows you to sell gift cards and even buy discounted gift cards from other users. You can set your own price for the card, and Raise takes a 15% commission on the sale.
- Giftcard Zen: Giftcard Zen is a website that allows you to sell gift cards from a variety of retailers. You can get up to 92% of the value of the card, and you can choose to receive payment via PayPal, ACH transfer, or check.
How to Sell Gift Cards Online
Now that you know where to sell your gift cards online, let’s look at how to do it. Here are the steps to follow:
- Choose a website or app to sell your gift card on.
- Enter the details of your gift card, including the retailer, the value of the card, and the card number and PIN (if applicable).
- Set your price. Depending on the website or app, you may be able to set your own price for the card or you may be offered a price by the platform.
- Review the terms and conditions of the sale. Make sure you understand the fees and payment options before you agree to sell your gift card.
- Submit your gift card for sale. Depending on the website or app, you may need to wait for a buyer to purchase your card or you may receive an offer instantly.
- Receive payment. Once your gift card is sold, you’ll receive payment via the method you selected.
Tips for Getting the Most Money for Your Gift Cards
If you want to get the most money for your gift cards, there are a few tips you can follow:
- Sell your gift card as soon as possible: The longer you hold onto your gift card, the less valuable it becomes. Retailers may change their policies or go out of business, which can make your gift card worthless. By selling your gift card as soon as possible, you can get the most money for it.
- Check multiple websites and apps: Don’t just sell your gift card to the first website or app you find. Check multiple platforms to see which one offers the best price for your card. Some websites may offer a higher percentage of the value of the card, but they may also charge higher fees.
- Be honest about the value of your card: When you sell your gift card, make sure you are honest about the value of the card. Don’t try to inflate the value or lie about the expiration date. This can lead to disputes with buyers or the website, which can result in a lower payout or no payout at all.
- Choose the right payment method: When you sell your gift card, you’ll usually have the option to receive payment via PayPal, ACH transfer, or check. Make sure you choose the method that is most convenient and secure for you. PayPal and ACH transfers are usually the fastest and most convenient, but they may also have fees.
- Keep track of your sales: When you sell multiple gift cards, it can be hard to keep track of everything. Make sure you keep a record of each sale, including the website, the value of the card, the sale price, and the payment method. This can help you keep track of your earnings and make tax time easier.
Selling your gift cards online is a great way to turn unused cards into cash. By following the tips in this guide, you can get the most money for your cards and avoid letting them go to waste. Remember to check multiple websites and apps to find the best price for your card, be honest about the value of your card, and choose the right payment method for you. With a little effort, you can quickly turn your gift cards into cash and use the money for whatever you need.