Are you looking for a way to make some extra money this holiday season? Selling gift cards online is one of the best ways to do it. With so many websites offering different services and prices, it can be hard to know which one is the best option for you.
That’s why we’ve put together a detailed comparison of the five best sites to sell gift cards online. We’ll go over all of the features and benefits each site offers, as well as the fees and payment options.
So if you’re looking for the best place to sell your gift cards, this guide has all the information you need to make an informed decision.
5 Best Places to Sell Gift Cards for Cash and Discounts
Ready to start selling gift cards? Start with these five sites.
1. CardCash
CardCash is one of the most popular gift card sites for a reason and offer some of the best rates for gift card purchases, as well as competitive rates for gift card sellers.
CardCash offers gift card rates up to 92% of the card value, so you can be sure you’ll get a fair price for your gift cards. They also offer an additional 3% for cashback for gift card sellers.
CardCash has a wide selection of gift cards available for purchase, including a large selection of restaurant gift cards. Their gift card inventory is updated several times a day, so you can be sure your desired gift card will be there whenever you’re ready to sell.
In addition to its buy-and-sell features, CardCash also offers discounted gift card bundles. For a small fee, you can purchase gift cards for various restaurants, travel websites, and other stores and services.
This is a great option if you know exactly what gift card you want, but don’t want to wait for it to be listed in their inventory.
2. CardPool
CardPool is another of the top gift card exchange sites for several reasons. They offer the highest buy gift card rates of the sites reviewed in this article. Their gift card exchange rates are also very competitive but fall just below the rate offered by CardCash.
CardPool also offers a lower sell gift card rate than some of the other sites, which is understandable given the lower price they offer for purchase. CardPool boasts a wide selection of gift cards available for purchase, with new gift cards being added daily.
Their gift card selection includes many popular retailers like Amazon, Target, and Walmart. There is no membership fee to use CardPool, and sellers retain control of their gift card information at all times.
3. ClipKard
According to its website, ClipKard accepts physical gift cards from more than 100 retailers. Fast food restaurants and department stores are especially popular.
ClipKard’s quote tool will let you know if your card is currently being accepted and, if so, how much it’s worth in cash. If you like the quote, you can ship your gift card to ClipKard using the prepaid USPS shipping label provided to you. If you’re in a rush, you can choose to upgrade to priority shipping, and the price will be deducted from your payout.
Get started: www.clipkard.com
4. Raise
Raise is a gift card exchange site that also offers gift card consignment services. What this means is that rather than selling your gift card for a specific amount, you can put it up for auction and see what price someone will pay for it.
A raise is a great option if you’re looking to sell gift cards for less than their face value. For example, you may have received a gift card for $100 for your birthday, but you don’t shop at that retailer.
Rather than just letting it sit in your drawer, you can put it up for auction on Raise and see what someone will pay for it. If you find a buyer, you can then put the gift card amount into your account to be used toward a purchase at any retailer on the site.
5. Gameflip
Gameflip is a unique way to get rid of your unwanted digital gift cards and other items. The e-commerce site is a blend of eBay and Upwork for gamers.
When selling gift cards, like any other product or service on the site, you’ll have to make a listing, which requires you to first make a Gameflip profile.
You can sell any unused prepaid and non-reloadable gift card for gaming platforms or other retailers. Popular gift cards include Steam, PlayStation, Xbox, iTunes, Google Play and more.
With Gameflip, you have full control over the price, though it’s recommended you list your card at a discount of 2% to 15% of its value.
When someone buys your gift card, Gameflip transfers the funds into your Gameflip wallet, which you can withdraw from using Wise, Payoneer, Skrill or Bitcoin. (PayPal is no longer supported.) Gameflip takes an 8% cut of all listings and a further 2% cut of digital-only listings. Each wallet withdrawal method has its own associated fees.
Get started: www.gameflip.com
6. GiftCash
GiftCash is a straightforward way to sell digital and physical gift cards from more than 150 accepted brands. And you can earn up to 92% of the value for in-demand brands.
As with other gift card exchange sites, you can get a quote from GiftCash before you choose to sell it. However, GiftCash does not allow gift-card swapping.
All gift cards must have a value of at least $25. Some brands require a higher minimum value, such as $100 for Air Canada, Apple, iTunes and Petco. Maximum value for all gift cards is $2,000.
Get started: www.giftcash.com
7. Gift Card Granny
If you’re looking to sell gift cards quickly, Gift Card Granny is the site for you. They offer the highest buy gift card rate of the sites reviewed in this article, but the tradeoff is that they don’t accept all gift cards.
All gift cards sold through Gift Card Granny are verified to be authentic, which means sellers must be confident that the gift card they are selling is legitimate.
If a card isn’t verified, it will not be accepted, so be sure to check beforehand. Gift Card Granny offers competitive rates for gift card sellers, and also offers the option to sell gift cards for cash, rather than store credits.
Tips to Sell Gift Cards Online
There are plenty of websites to sell your gift cards, and each one is a little different. Some will let users bid on your gift card, while others will purchase it from you and then sell it themselves.
Here’s what to keep in mind as you find a buyer for that unwanted present.
Consider Ways to Get Paid
Depending on the service you choose, when you sell a gift card, you can receive a check in the mail, a PayPal or other digital payment, or a more useful gift card.
Payment apps might be quick, but keep those pesky transaction fees in mind if you want to maximize your payout. Checks may take a little longer, but they’re as good as cold, hard cash.
And depending on your spending habits, another gift card might be the best choice, as the conversion rate is going to be the highest.
Each selection has its own perks, so choose whichever best fits your needs.
Don’t Sell Gift Cards on eBay
EBay has always been a popular place for buying and selling things online — but it might be the worst way to sell gift cards.
First, an eBay buyer isn’t likely to buy your gift card for more than 80% to 90% of its value. For a $100 gift card, you can count on a loss of between $10 and $20 right off the bat.
On top of that, you may be responsible for eBay’s insertion fees, a final value fee and a performance fee if your eBay seller account isn’t in good shape. These fees eat further into your earnings.
You may be thinking, hey, don’t Raise and Gameflip also have seller fees? They do. But these marketplaces specialize in selling gift cards, so the base value of your gift card is likely to be higher on Raise or Gameflip than on eBay.
Also with eBay, there’s no built-in way to verify your gift card’s code or balance — making the selling and shipment process much more of a hassle.
In short, stick with one of the five gift-card selling websites above to get the most money for that ol’ Applebee’s gift card that’s nearly fused together with your wallet.
Frequently Asked Questions (FAQs) About Selling Gift Cards Online
Here are our answers to some common questions about selling gift cards online.
How Can I Exchange Gift Cards for Cash?
You can exchange gift cards for cash easily by selling the unused card directly to a gift card site like CardCash, CardKlip or GiftCash. They will buy the card from you directly. Or you could list your gift card on marketplaces like Gameflip or Raise, where people can bid on your card and buy it from you. You’ll give up a little bit of the gift card’s value, but you’ll have money you can use anywhere.
How Can I Get Cash for Gift Cards Immediately?
When you sell your gift cards online, it’s possible to get a quote immediately. That is, you can easily and quickly check how much your gift card is worth. But the entire process of selling the gift card online will take much longer, especially if you have to mail a physical card.
One option for faster cash is through GiftCardBin, which partners with more than 600 businesses nationwide to buy gift cards — in person. Use its store locator tool to see if a partner is nearby. Then you can sell your gift cards for fast cash. However, you should expect a quote much lower than the online exchanges.
Where Can I Sell Unused Gift Cards?
You can sell gift cards for cash online and in person. Selling your gift card in person is the fastest way to get cash, but it’s not the most lucrative. GiftCardBin has hundreds of partners around the U.S. that offer cash for gift cards at a steep discount. The slower and more lucrative way to sell gift cards is online, and you can earn up to 95% of the gift card’s value in cash by using one of the gift card exchanges mentioned above.
How Much Do You Get for Gift Cards at Coinstar?
Coinstar discontinued its gift-card-buying services at all Coinstar terminals. However, if you’re using Coinstar to count your change, you can maximize your payout by choosing to accept payment by gift card. This option allows you to skirt the fees associated with cash payout.
Conclusion
Selling gift cards online is a great way to earn extra money and clear out your gift card drawer at the same time. When choosing the best site to sell gift cards online, make sure to keep the following things in mind: Gift card exchange sites offer lower rates than gift card reselling sites, so reselling your gift card is almost always the better option.
Before selling, check the gift card site’s FAQ section to make sure you understand the process and are familiar with the site’s rules and regulations.
And while gift card sites offer great opportunities to earn extra money, always keep in mind that selling gift cards is a form of gambling. You never know if someone will buy the gift card from you for more or less than it’s worth.
