Whether or not it’s a birthday, commencement or vacation, it’s possible that you simply’ll get a stack of present playing cards for any celebration. Additionally possible: you’ll find yourself with a number of you may’t use or don’t need.

Possibly your boss gave you a Starbucks present card, however you aren’t a espresso drinker. Or your Aunt Rita gave you a present card to a steakhouse, however you’re a vegetarian. 

There isn’t a motive for this well-intentioned present to go to waste. It is best to promote these present playing cards for money.

5 Finest Locations to Promote Reward Playing cards

1. CardCash

Based in 2009, GiftCash is a no-frills market to purchase and promote present playing cards. It accepts present playing cards from all kinds from in style malls, eating places, grocers and extra. Whereas the web site states that you would be able to earn as much as 92% of a present card’s worth, every card is given a singular quote that might be decrease. CardCash pays you straight in case your card is accepted.

Use CardCash’s quote tool to see how a lot money your present card is price and to search out out if you might want to bodily mail it in. You even have the choice to swap the present card for one at one other retailer, presumably exceeding the worth of your present present card.

Get began: www.cardcash.com 

2. ClipKard

In accordance with its web site, ClipKard accepts bodily present playing cards from greater than 100 retailers. Quick meals eating places and malls are particularly in style.

ClipKard’s quote tool will let you understand in case your card is presently being accepted and, if that’s the case, how a lot it’s price in money. When you just like the quote, you may ship your present card to ClipKard utilizing the pay as you go USPS delivery label supplied to you. When you’re in a rush, you may select to improve to precedence delivery, and the worth shall be deducted out of your payout.

Get began: www.clipkard.com 

three. Gameflip

Gameflip is a singular solution to eliminate your undesirable present playing cards. The e-commerce web site is a mix of eBay and Upwork for players. When promoting present playing cards, like another services or products on the location, you’ll must make a list, which requires you to first make a Gameflip profile

You’ll be able to promote any unused pay as you go and nonreloadable present card. Well-liked present playing cards embrace Amazon, App Retailer, Google Play, PSN and Xbox Stay. With Gameflip, you’ve gotten full management over the worth, although it’s beneficial you checklist your card at a reduction of two% to 15% of its worth.

When somebody buys your present card, Gameflip transfers the funds into your Gameflip pockets, which you’ll withdraw from utilizing Smart, Payoneer, Skrill or Bitcoin. (PayPal is now not accepted.) Gameflip takes an eight% minimize of all listings and an additional 2% minimize of digital-only listings. Every pockets withdrawal methodology has its personal associated fees.

Get began: www.gameflip.com

four. GiftCash

GiftCash is a simple solution to promote digital and bodily present playing cards from greater than 150 manufacturers. Accepted playing cards are clearly listed on its site. And you’ll earn as much as 92% of the worth for in-demand manufacturers.

As with different present card trade websites, you may get a quote on your gift card earlier than you select to promote it. Nonetheless, GiftCash doesn’t enable gift-card swapping.

All present playing cards should have a price of at the least $25. Some manufacturers require a better minimal worth, corresponding to $100 for Air Canada, Apple, iTunes and Petco.

Get began: www.giftcash.com 

5. Elevate

Elevate is a cell cost app and e-commerce platform launched in 2013. Amongst many issues, Elevate means that you can promote your undesirable present playing cards on its market. Which means you’ll must create a Raise account and a list to your present card.

As with every product, the extra demand, the extra you may ask for it. Reward playing cards for main retailers like Walmart, Goal, Finest Purchase are likely to promote on for about 95% of their worth.

You additionally preserve management over your itemizing. In case your card doesn’t promote within the first couple of days, you may all the time modify the worth to draw extra patrons. Or you may unlist it if you happen to change your thoughts. As soon as it sells, Elevate costs a 15% vendor payment, and for bodily playing cards, it costs an extra $2.75 or 1% payment — whichever is bigger. 

When you misplaced monitor, meaning the utmost you may earn on a digital present card is 85% of its worth.

Get began: www.raise.com 

Examples of How A lot Money Your Reward Playing cards Might Earn

That will help you decide the very best place to promote your undesirable present playing cards, we’ve in contrast a number of worth estimates from in style shops. Right here’s how the 5 gift-card marketplaces stack up.

  $25 Walmart Reward Card $25 Goal Reward Card $25 Starbucks Reward Card
CardCash $21.75 $21.25 $20.25
ClipKard $17.84 Not accepted $15.29
Gameflip* $20.75 $21.38 $17.99
GiftCash $22 $20.75 Not accepted
Elevate* $20.93 $21.25 $21.25

*Notice: Estimated trade costs for Gameflip and Elevate have been based mostly on the charges of digital present playing cards presently listed and promoting on their marketplaces, minus the relevant vendor charges (10% and 15% respectively).

Tricks to Promote Reward Playing cards On-line

There are many web sites to promote your present playing cards, and every one is just a little completely different. Some will let customers bid in your present card, whereas others will buy it from you after which promote it themselves. 

Right here’s what to remember as you discover a purchaser for that undesirable current.

Think about Methods to Get Paid

Relying on the service you select, once you promote a present card you may obtain a test within the mail, a PayPal cost or a extra helpful present card. 

Cost apps could be fast, however preserve these pesky transaction charges in thoughts if you wish to maximize your payout. Checks could take just a little longer, however they’re nearly as good as chilly, laborious money. And relying in your spending habits, one other present card could be your best option, because the conversion fee goes to be the best.

Every choice has its personal perks, so select whichever most closely fits your wants. 

Don’t Promote Reward Playing cards on eBay

EBay has all the time been a preferred place for getting and promoting issues on-line — nevertheless it could be the worst solution to promote present playing cards.

First, an eBay purchaser isn’t possible to purchase your present card for greater than 80% to 90% of its worth. For a $100 present card, you may depend on a lack of between $10 and $20 proper off the bat. 

On high of that, it’s possible you’ll be accountable for eBay’s insertion charges, a remaining worth payment and a efficiency payment in case your eBay vendor account isn’t in good condition. These charges eat additional into your earnings.

Chances are you’ll be pondering, hey, don’t Elevate and Gameflip even have vendor charges? They do. However these marketplaces concentrate on promoting present playing cards, so the bottom worth of your present card is way prone to be larger on Elevate or Gameflip than eBay. Additionally with eBay, there’s no built-in solution to confirm your present card code or stability — making the promoting and cargo course of rather more of a problem.

Briefly, persist with one of many 5 gift-card promoting web sites above to get essentially the most cash for that ol’ AppleBees present card that’s practically fused collectively along with your pockets.

FAQs About Promoting Reward Playing cards On-line

Right here’s what else it’s best to know earlier than you promote your present playing cards.

How Can I Alternate Reward Playing cards for Money?

You’ll be able to trade present playing cards for money simply by promoting the unused card on to a gift-card web site like CardCash, CardKlip or GiftCash. They may purchase the cardboard from you straight. Or you may checklist your present card on Gameflip or Elevate. They work like marketplaces the place folks can bid in your card and purchase it from you. 

How Can I Get Money for Reward Playing cards Instantly?

Once you promote your present playing cards on-line, it’s attainable to get a quote instantly. That’s, you may simply and rapidly test how a lot your present card is price. However the whole technique of promoting the present card on-line will take for much longer, particularly if mailing the present card is required.

One choice for quicker money is thru GiftCardBin, which companions with greater than 600 companies nationwide to purchase present playing cards — in particular person. Use its retailer locator instrument to see if a companion is close by. Then you may promote your present playing cards for quick money. Nonetheless, it’s best to anticipate a quote a lot lower than the web exchanges.

The place Can I Promote Unused Reward Playing cards?

You’ll be able to promote present playing cards for money on-line and in particular person.

Promoting your present card in particular person is the quickest solution to get money, however that doesn’t imply it’s essentially the most profitable. GiftCardBin has a whole bunch of companions across the U.S. that supply money for present playing cards. The slower and extra profitable solution to promote present playing cards is on-line, and you’ll earn as much as 92% of the present card’s worth in money through the use of one of many present card exchanges talked about above.

How A lot Do You Get for Reward Playing cards at Coinstar?

Coinstar discontinued its gift-card-buying companies in any respect Coinstar terminals. Nonetheless, if you happen to’re utilizing Coinstar to depend your change, you may maximize your payout by selecting to simply accept cost by present card. This feature means that you can skirt the charges related to money payout.

Dana Sitar is a former branded content material editor at The Penny Hoarder. Adam Hardy is a former workers author for The Penny Hoarder who makes a speciality of tales on the gig economic system.

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