Over $1 billion in gift cards go unused and wasted every year. This is a lot of money that millions of people around the world are missing out on. Today, I’m going to show you my top 10 best online websites to sell gift cards for actual money in 2021.
We already have guides on Forex trading, Crude oil trading, Bitcoin trading, and other hot business in Nigeria that you should check out after reading this post.
We plan to help you demystify the concept of trading gift cards for quick cash here in Nigeria. Before we go over everything you need to know to trade your gift cards in Nigeria, let’s go over a few things that you should know about gift cards.
Table of Contents
- What Are Gift Cards?
- Most Popular Gift Cards
- Types Of Gift Cards
- How To Activate A Gift Card
- How To Redeem Gift Cards Using POS
- How Does Gift Card Scams Work?
- Benefits of Gift Cards
- How Do I Make Money From My Gift Cards?
What Are Gift Cards?
A gift card also called a gift certificate, gift voucher, or gift token is a prepaid stored-value money card issued by retailers, stores, and banks for purchases as an alternative to cash in a particular store or business.
Gift cards are one of the most amazing gifts for your family or friends. Take Amazon gift cards, for example, since Amazon sells almost everything on earth, giving an Amazon gift card to your friend will make them very happy.
The good news about selling your Amazon gift cards is that you can sell new or used gift cards for profits as long as the balance is accurate. There are millions of people that want to buy you an Amazon gift card if you are willing to sell. But before we tell you some of the best places to sell gift cards for real money, let us show you some of the most popular gift cards on Earth.
Most Popular Gift Cards
You may want to know which gift card has the highest rate now? Or which gift card is best to buy? Since there are over 3,000 different Gift cards available online., you may not know which one is the best gift card to buy in 2021.
Well, 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.
- 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.
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 funds.
Types Of Gift Cards
There are two major types of gift cards: cash cards and store cards.
1. Cash Cards
Cash cards can be used for purchases anywhere, and they’re sponsored by companies like Visa, MasterCard, Discover, and American Express. These cards offer the greatest flexibility and can be substituted for cash.
2. 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.
- Removing 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 and your gift card is activated.
How To Redeem Gift Cards Using POS
Most 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.
The POS machine will send 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. If you have an Amazon gift card, you can 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.
In most cases, you’d have to reach out to a scammer posing to be a gift card retailer. After you’ve made the payment, the scammer would ignore your message and even block you after you’ve made payment in advance.
Benefits of Gift Cards
There are so many reasons why you should buy gift cards instead of them using your credit card to make payment online. Here are some of the reasons why I think gift cards are one of the best ways to make online payments.
- Selling gift cards 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 on you gain them. There are lots of people willing to take those cards off your hands for a good price. You can easily sell used and unused gift cards on InformationNGR exchange and get paid instantly.
If you are not interested in selling them, you can swap or exchange them for other currencies like Bitcoin, PayPal, or Skrill funds instead of waiting for the gift card to expire or lose its value.
Apart from selling gift cards to friends and family or on other websites like eBay, Jiji, OLX, Facebook, Naijaloaded Exchange, Twitter, or Instagram where you can get scammed or sell them below their value, you can sell your gift card on informationNGR exchange and get paid instantly.
You can also visit InformationNGR Exchange to convert or sell iTunes, Amazon Gift Card For Bitcoins, or Cash in Nigeria. If you have a gift card for sale, these are some of the best places to sell your gift cards get paid faster than you can say money.
InformationNGR exchange is the best place to buy and sell gift cards, Bitcoin, and other digital currencies in Nigeria. We are a reliable and trusted platform for selling gift cards at the best rates.
InformationNGR also has a mobile application that makes it easy for you to sell your gift cards on the go. On our Exchange, you can sell various gift cards such as Amazon, Walmart, Steam Wallet, iTunes, Nintendo, Google Play…
The InformationNGR mobile app is available for download on Android and IOS devices. The app is user-friendly and intuitive in such a way that less savvy people can use it with ease. Best of all, InformationNGR is safe, reliable, and double encrypted so you don’t have to worry about gift card scams.
We have the fastest payout in Nigeria. 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 InformationNGR Exchange 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 is a lot of Gift Card Exchange subreddit that 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: PayPal, direct deposit, and check. Payments will be initiated within 48 hours of when the sale is finalized.
5. 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 emailing them to their processing center. In-person sales garner immediate cash payment and online sales will be paid using PayPal after three to ten business days.
8. 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.
10. 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 to 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.
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 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.