Saturday, April 8, 2017

9 Best Places to Sell Gift Cards for Cash (in 2017)

Ever been given a gift card that you just know you won’t use?
Well, you’re not alone. Statistics show that $1 billion in gift cards go unused each year.
That’s a pretty staggering number.
That’s why here at MP we talk a lot about selling gift cards.
We’ve already shared 12 ways to trade Amazon gift cards.
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We’ve also shared a simple way to exchange your gift card for cash instantly.
As you can imagine, there are a lot of ways to sell and trade gift cards – from dedicated marketplaces and websites to forums and communities like Reddit.
Today, we’re going to show you the best places where you can get the most bang for your buck when it comes to selling those unused gift cards you got for Christmas (or any other occasions.)
If you’re wondering what the best place to sell gift cards in person is or would like to know about the best online platforms to unload your unwanted cards, then check out our list.

1. Cardpool

Cardpool is one of the most well-known and most trusted gift card exchange platforms out there. In fact, the company has an A+ rating with the Better Business Bureau.
Through Cardpool, you can sell gift cards for cash.
The website offers one of the best rates for unused gift cards. You can earn up to 92% of the card’s value – making it arguably the best place to sell gift cards.
Simply visit the site, tell it which gift card you want to sell, and then get offers.
If you accept the offer, then you need to send your card to Cardpool.
Once Cardpool receives your card, you get paid within 1 business day, via check.

2. Gift Card Granny

Gift Card Granny is another reputable and popular platform.
Through this easy to use website, you can sell gift cards for cash or exchange an unwanted gift card for one that you’ll actually use.
You just need to visit the site, search for the brand/store on your gift card, enter the gift card’s balance, and then you can view offers.
What’s interesting about Gift Card Granny is that it allows you to choose from a few different selling options:
  • Sell it now: With this option, you simply choose the best offer and agree to sell your gift card for that price. You can earn up to 92% cash back. And, you receive payment within days. With this option, you get cash quickly.
  • Name your price: This option allows you to list your card online and you have the chance to name your own price. This option takes longer, but you could potentially get paid more. Once you sell and deliver the gift card, you receive payment.
  • Trade in: You exchange your unwanted gift card for a gift card you actually do want. There are dozens of well-known and popular retailers to choose from. Generally, with the trade in option, you receive a higher payout.

3. Raise

Raise is a popular gift card platform, which has been mentioned by a number of major news outlets, like NBC News, ABC News, Today, USA Today and Time Magazine.
Raise is different to many of the other places on this list. Rather than simply receiving an offer, accepting it and getting paid, Raise allows you to list your gift card for sale.
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This method of selling unwanted cards can take a bit longer, but it can yield higher payouts.
It’s free to list a card on Raise, but once you sell it, the site takes a 12% commission.
Payments are made via direct deposit, PayPal or check.

4. Coinstar Exchange

If you want to get cash for gift cards instantly, then you should definitely check out Coinstar Exchange.
It’s a company that has kiosks in grocery stores across the United States – finding them is easy as they are bright yellow.
Through a Coinstar Exchange kiosk, you can sell gift cards for cash on the spot.
All you need to do is place your card into the machine and you’ll receive a cash offer. If you accept the offer, the machine prints out a voucher that you can redeem for cash instantly.
If you’re wondering “how to find a gift card exchange near me”, then simply visit this page.

5. CardCash

If you’re looking for an easy way to sell your gift card, then check out CardCash.
You just need to visit the website, enter a few details about your card, and you are presented with offers.
One of the best aspects of CardCash is that it allows you to sell cards that are partially used.
You can sell your gift card or exchange it for a different card that you actually want.
Once your order is approved, you get payment via check, PayPal, or direct deposit, within one to two business days.

6. GiftCardSwapping

GiftCardSwapping is a gift card exchange website. Through the site, you can sell your gift cards, or trade them for other gift cards. So, if you want to find a gift card that you’ll use, then you should consider checking out this platform.
When it comes to selling, many people report that GiftCardSwapping doesn’t offer as high a percentage of the gift card’s value compared to other platforms.
It’s reported that the site offers up to 75% of the card’s value, which is much less than companies like CardPool or Coinstar exchange.
Plus, there are fees involved in selling a card through GiftCardSwapping.
On the other hand, swapping a card through the site is free to do, and can offer you more value.
So, this site is definitely not the best place to sell gift cards, but it’s certainly the best option for people who want to exchange them.

7. GiftCardBin

Another good place to unload unwanted gift cards is at GiftCardBin.
What’s great about this company is that you can sell gift cards online and in person.
If you want to sell your card to GiftCardBin online, then you need to submit an online request form. You do this through the website.
You just need to enter a few basic details about your card, like the retailer, the expiration date, and the card’s balance.
This generates a quote for you. If you accept the offer and send the gift card, GiftCardBin will verify your gift card and send payment via PayPal or check.
If you want to sell your gift card offline, then visit this page to find a location near you.

8. Monster Gift Card

Selling a gift card through Monster Gift Card is really simple.
You just need to visit the website, find your card’s retailer and get a quote.
If you accept Monster Gift Card’s offer, you simply mail the card to the company, and you get paid via check.
Generally, Monster Gift Card only accepts cards that have a value of $10 to $200.
The site does state, however, that if your gift card is worth more than $200, it might still buy it. You just need to contact the site to get pre-approval.

9. Giftcard Zen

Gitfcard Zen is owned by the same company that owns the giant discount and coupon site, RetailMeNot.
Through this platform, you can sell gift cards from a wide range of retailers.
What puts Giftcard Zen a little behind its competitors is its slow payouts. With most of the companies on this list, once your gift card has arrived, you get cash for your gift card within days, or even instantly with companies like Coinstar Exchange.
But, with Giftcard Zen, payment is sent 3 to 4 weeks after your gift card has arrived. That’s pretty slow.
But, it makes up in other areas (great customer service, higher percentages, etc) which is why it’s on this list.

Bottom line

Rather than leaving your gift card in a drawer, unwanted, you can sell it and make a profit from it or exchange it for a card that you actually do want.
Again, these are some of the best places to sell your gift cards because you can get the most money for ’em.
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