Over $1 billion in gift cards go unused and wasted annually. That’s a lot of money to leave to waste. Today, I’m going to show you The Best Places To Sell Used, Unused and new Gift Cards For Instant Cash 2020 Anywhere in the World.
So, let’s say you’re in the new world and you want to start trading Bitcoin, Forex, Gift Cards, Stocks and Bonds or Crude Oil but don’t know how to start. This is a small guide on selling Gift Cards. You’ll get to see who buys gift cards online, why gift cards instead of cash and which gift card is the most popular.
What Are Gift Cards?
A gift card also called an also known as gift certificate in North America, or gift voucher/gift token in the UK is a prepaid stored-value money card issued by a retailer or bank, used for purchases or as an alternative to cash in a particular store or related businesses. Gift cards are a great present choice for your family or friends.
Amazon sells (almost) everything. This makes Amazon gift cards easy cash. The good news about selling your Amazon gift cards is that you can sell an unused or partially used gift card. As long as the balance is accurate, buyers are willing to buy gift cards using a variety of methods.
For whatever reason, you might prefer having actual money instead of an Amazon gift card. Here are a variety of ways that you can sell your Amazon gift cards for cash.
Most Popular Gift Cards
You may ask, which gift card has the highest rate now? Or which gift card is best to buy? since there are over 3,000 different types of Gift cards available online. These are some of the most valuable gift cards this year.
- iTunes Gift Cards.
- Starbucks Gift Cards.
- Walmart Gift Cards.
- Victoria’s Secret Gift Cards.
- Target Gift Cards.
- Amazon Gift Cards (The most popular gift card this year).
- Best Buy Gift Cards.
- Chipotle Gift Cards.
- Visa Gift Cards.
- Sephora Gift Cards.
Some gift cards can be used anywhere. These include iTunes Gift card, Amazon Gift cards, Starbucks Gift card, and Walmart Gift card. These gift cards can be used to make online payments and some of them can even be bought or exchanged for Paypal. Other nice gift cards available online are:
- Netflix Gift Card.
- Apple Gift Cards.
- Applebees Gift Cards.
- eBay Gift Card.
- Google Play Gift Card.
- MasterCard Gift Card.
- Disney Gift Card.
- Victoria’s Secret Gift Card.
- Fandango Gift Card.
Types Of Gift Cards
There are two major types of gift cards:
- Cash Cards
Cash cards can be used anywhere for purchases anywhere, and they’re sponsored by companies like Visa, MasterCard, Discover, and American Express. These cards offer the greatest flexibility but are substitutes for cash.
- Store Cards
Store cards are specific to a particular retailer, such as Itunes, Amazon, and Victoria’s Secret. You get a more personalized gift with the card. Some cards or certificates are only valid for 30-90 days. You should turn your gift card to PayPal cash before the gift card expires.
How To Activate A Gift card
Many gift cards need to be activated before they can be used. Once activated, you can begin enjoying them. You can activate your gift card by:
- Ordering/purchasing the gift card online or a reseller.
- Remove the sticker covering the activation number, then visit the URL or call the phone number to activate the gift card
- Enter the gift card identification number and activation code
You can use this method to activate any gift card. How do gift cards get Activated? Once the code is sent, the system processes it and your account is credited.
How To Redeem Gift Cards Using POS
Gift cards will sell within 24 hours. You can sell digital gift cards for Amazon and almost any other store or restaurant. All you need to do is enter the gift card serial number in the Point of sale system (POS) scans a barcode on the gift card.
Then, the POS sends the transaction information to the gift card company, this activates the card. This barcode is unique and allows the card to be identified without the card number or pin. The retailer accepts the transaction, then the POS records the transaction on the retailer’s ledger. It’s that easy.
You can also redeem your Amazon Gift card here.
How Does Gift Card Scams Work?
Well, it depends on exactly what you are trying to accomplish. If you are buying a card for a friend or family member to allow them to make a purchase remotely, you can call them, text, or email the number. I would be careful of any of these methods due to the possibility of hackers getting the information. Now, if instead, someone you don’t know has asked you to do this for them, do not do it because it’s likely a scam.
As soon as you give them the code they will enter it into their own Amazon account and use the money. They probably won’t pay you and you will be out however much money you spend on the card. Whatever you do, use caution.
Benefits of Gift Cards
- Selling a card creates upfront revenue for the store.
- Redeemed Gift cards increase the initial value of the card.
- Buyers with gift cards get the best deal.
- Credit card companies & banks get benefits in merchant fees when shoppers redeem their cards.
How Do I Make Money From My Gift Cards?
You make money from gift cards by selling them. You can easily sell used and unused gift card online. You can easily sell gift cards for cash or PayPal instead of waiting for the gift card to expire or lose its value.
Apart from selling gift cards to friends and family on sites like eBay, Jiji, OLX, Facebook, Naijaloaded Exchange, Twitter and Instagram. Selling gift cards on these platforma are somewhat rigorous but they are the best places to sell gift cards online in Nigeria.
You can also visit SellGiftCard, Paxtradings, or Igctrader to convert or sell iTunes, Amazon Gift Card For Bitcoins or Cash in Nigeria. There are top sites that will make this task easier and help you sell your used/unused gift card under 48 hours. Gift cards will sell within 24 hours. You can sell digital gift cards for Amazon and almost any other store or restaurant. All you need to do is enter the gift card serial number they include:
Cardtonic is a reliable and trusted platform for selling gift cards at the best rates. Cardtonic has a mobile application that makes it easy for you to sell your gift cards on the go. On Cardtonic, you can sell various gift cards such as Amazon, Walmart, Steam Wallet, iTunes, Nintendo, Google Play…
The Cardtonic mobile app is available for download on Andriod and IOS devices. The app is user-friendly and intuitive in such a way that people who are less savvy can use it with ease. Best of all Cardtonic is safe, secure and double encrypted so you don’t have to worry about gift card scams.
Furthermore, the are at which Cardtonic pays you is quite fast, you get paid for your gift cards quickly without issues. If you want to sell gift cards in Nigeria or any part of the world, you can download and use the Cardtonic app. Even if you are not a fan of mobile applications, you can trade your gifts directly on the website.
Visit Cardtonic.com today to buy and sell gift cards at the best rates.
Cardpool is a website that lets you buy and sell gift cards (Target, Macy’s, Lowe’s, Best Buy and Amazon) from a wide variety of retailers. You get up to 92% of the value back. You can sell both physical and electronic gift cards on Cardpool.
When you get ready to sell, you have two options. You can either enter the value of the gift card you are selling and get an instant payout offer, or you can choose the payout you want. Gift cards are paid in checks.
Reddit is a popular social media platform that is a throwback in appearance to internet forums. While you can find gift card subreddits (threads) on any topic, there are a lot of Gift Card Exchange subreddit allows you to name your selling price for your Amazon gift cards. In your listing, you can offer to complete the transaction using PayPal or a cryptocurrency such as Bitcoin or Ethereum. This is one of the best places to sell your gift card anywhere in the world.
Becoming a verified seller will give you an additional badge that will increase the likelihood of completing your sale. It’s free to sell on Reddit and they even allow trades. As an added layer of security, you can also request the subreddit moderators to perform a background check on a prospective buyer too.
On CashCrate you can sell your gift card for cold, hard cash. CardCash lets you earn up to 92% of the selling price on each gift card sold. All Amazon gift card codes will be delivered electronically so you don’t have to worry about mailing the card to the buyer before you get paid. Cashcrate is a site where you can sell your Amazon gift card for cash in Nigeria.
Cashcrate offers you three payment options are PayPal, direct deposit, and check. Payments will be initiated within 48 hours of when the sale is finalized.
- Gift Card Granny
Gift Card Granny shows shoppers the lowest prices from several online marketplaces to quickly spot the best deal (this creates an incentive for buyers). On Gift Card Granny, you can earn additional money by opening daily emails, buying gift cards, and referring friends to buy on Gift Card Granny.
Currently, Amazon gift cards sell for a 1% discount on Raise which allows you to earn a higher profit. You can sell digital gift cards for Amazon and almost any other store or restaurant. All you need to do is enter the gift card serial number and Raise will verify it for you.
Raise can be a good option for your other retail gift cards, you might have to choose another option from this list.
Gift card Bin is a nice gift card trading site. A smaller unwanted gift card marketplace is GiftCardBin. They allow you to sell your gift cards at a physical store or by mailing them into their processing center. In-person sales garner immediate cash payment and online sales will be paid using PayPal after three to ten business days.
- Gift Card Zen
Gift Card Zen is another selling possibility that always sells Amazon gift cards. You might be able to sell your cards on Giftcard Zen as well depending on their seasonal needs. They have recently teamed up with Retailmenot, another leading retail deal finder, that makes it easy for consumers to find online savings in a hurry.
This is the lucrative option for selling gift cards that can be trading your Amazon gift card and possibly increasing your earnings by 11%. CardCash is an online marketplace that lets you sell unwanted gift cards for cash or to trade gift cards for other gift cards. It is a good place to also sell gift cards online in Nigeria.
- Card Kangaroo
Another gift card marketplace is Card Kangaroo where you can sell or trade your Amazon cards. Whether you sell or trade, you will need to mail your gift cards into their processing center.
It can take up to five business days for Card Kangaroo to receive your gift cards. Once received, you will be paid with PayPal within 48 hours. You can also choose payment by check too.
Maybe you thought those Coinstar machines you pass in the breezeway of your local supermarkets and retail stores only accept your spare change. Some machines will also allow you to trade in your unwanted gift cards for cash. To find out, check out the Coinstar direct to see if they have the capability to accept gift cards.
If your local Coinstar machines do not accept Amazon gift cards at this time, periodically check back. Their acceptance policy can be adjusted seasonally based on the current Amazon gift card supply within the Coinstar network.
It’s really easy to sell or trade your Amazon gift cards. Since there is a steady demand from buyers, you can sell your cards for the lowest trade fees and even make a profit. Both you and the buyer win and you get to walk away with some extra cash in your wallet.