Selling gift cards online is a great way to get some extra cash. You can often get more for your gift cards than you would if you tried to exchange them for merchandise at the store. This guide will walk you through the best ways to sell gift cards online for cash.
We’ll also tell you about some of the top websites that buy gift cards from consumers. So whether you have a few cards or a whole stack of them, read on for the best ways to sell them!
Disclosure: This post contains affiliate links; for full disclosure, read here
How to sell Gift cards online for cash?
1. The first step is gathering your gift cards and checking their balances. Next, write down or take pictures of the card numbers and credits to provide this information to potential buyers quickly.
2. Next, decide on the price you want to list each card for. Remember that most buyers will only offer around 75-85% of the gift card’s value, so consider this when setting your price.
3. Start listing your cards on popular websites that buy gift cards from consumers, such as Cardpool, Raise, and GiftCardGranny. Make sure to include all necessary information like balance and brand in your listings.
4. Sellers on these websites often have the option to receive payment via direct deposit, PayPal, or check. Choose your preferred method and wait for a buyer to purchase your card.
5. After the sale, verify that the payment has been received and send the gift card code (or physically mail the card) to the buyer.
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Best sites to sell gift cards online for cash
1. Cardpool
This website allows you to sell your physical or electronic gift cards and receive up to 92% of the card’s value in return. To start, you must create an account and list your cards for sale. Payment is sent via direct deposit, PayPal, or check once the sale is complete.
You can also trade your cards for different brands on the site.
2. Raise
On Raise, you can list your gift cards at any price above their balance and wait for a buyer to purchase them. Then you can receive payment through direct deposit or PayPal.
The seller charges you a 15% fee for each transaction.
This website also offers an option to trade gift cards with other users instead of selling them for cash. There is a $2.75 fee for physically mailed gift cards and a $0.25 fee for electronic gift card codes.
Pros: Sellers have the option to trade gift cards for different brands. Payment options include direct deposit and PayPal.
Cons: Sellers are charged a fee for each transaction.
3. GiftCardGranny
This website allows you to sell your physical or electronic gift cards for cash, with direct deposit, PayPal, or check payment options. Sellers can also trade their cards for different brands on the site. There is a 9% commission.
4. CardCash
CardCash is one of the best sites to sell gift cards online. It has got an excellent selection of gift cards.
You can receive payment via check, PayPal, or direct deposit. Sellers need to verify their identity before selling the gift cards on CardCash.
Pros: You can trade gift cards for different brands and earn up to 92% of the gift card value.
Cons: You need to verify your identity before selling gift cards.
5. Giftcash
On gift card cash, you can earn up to 90% of the gift card value on Giftcash. You can receive payment through direct deposit or PayPal. Most sellers can also trade their cards for different brands on the site.
The best part is you can get paid in cryptocurrency. Moreover, the gift card should have at least a $25 balance to be eligible for selling on Giftcash.
Pros: You have the option to trade gift cards for different brands. You can receive payment through direct deposit or PayPal in cryptocurrency.
Cons: Gift cards must have at least a $25 balance to be eligible for selling on Giftcash.
6. Buybackworld
You can earn up to 85% of the gift card value on Buybackworld. You can receive payment through check, PayPal, or even trade-in for store credit. By entering the code and balance online, you can sell electronic gift cards on Buybackworld.
Pros: You can receive payment through check, PayPal, or store credit. Additionally, you can sell electronic gift cards quickly by entering the code and balance online.
Cons: You can only earn up to 85% of the gift card value.
7. Gameflip to sell gift cards online for cash
Gameflip is not a usual gift and selling app. It is only to sell game-related gift cards such as Xbox, Playstation, Nintendo, or Steam.
You can earn up to 93% of the gift card value on Gameflip and receive payment through PayPal.
Pros: You can earn up to 93% of the gift card value and receive compensation through PayPal.
Cons: Only for selling game-related gift cards
8. EJ Gift cards
EJ gift cards is a site where you can sell your gift cards for cash or exchange it for a different brand. They can pay through check, PayPal, or direct deposit. You can also sell electronic gift cards on EJ Gift Cards by entering the code and balance online.
Available cards are EJ gift cards, target, Walmart, Nordstrom, Home Depot, and many more national and international brands. Sellers can get up to 90% of the gift card value on EJ Gift Cards.
Pros: You can exchange gift cards for a different brand and receive payment through check, PayPal, or direct deposit.
9. Gift card outlets:
Gift card outlets are a marketplace where you can sell unwanted gift cards. Sellers can earn up to 95% of the gift card value and receive payment through PayPal, check, or direct deposit.
You have to make an offer while selling the gift cards. The company will respond in 2-3 business days when you make an offer.
You must pay a 10% commission for selling the card on this website.
Once your gift card is accepted, you will know exactly how much money you will get.
Pros: You can earn up to 95% of the gift card value and have the option to exchange your gift cards for different brands.
Cons: Sellers have to pay a 10% fee.
10. Cardsell
Cardwell is another marketplace where you can sell unwanted gift cards. You can type in the gift card number; the cardsell will verify the card with hundreds of retailers.
They pay through Paypal in 48 hours of applying.
11. Prepaid2cash
Prepaid2cash is a fast method to cash your gift cards instantly. You can scan your gift card with the smartphone and transfer the money to your bitcoin wallet, bank account, or debit card.
The transfer is fast, and you can get the money in about 15 minutes.
Pros: Get money fast
Cons: You must verify yourself, and some transaction fees are associated.
How to sell gift cards online for cash from Paypal?
Several websites, such as Buybackworld, EJ Gift Cards, and Cardpool, offer the option to receive payment through PayPal for selling gift cards.
You must select PayPal as your preferred payment method during the selling process.
It is important to note that some websites may have a minimum balance requirement for gift cards before selling them through PayPal.
You should also ensure you have a verified PayPal account before attempting to receive payment through this method.
- Enter the merchant’s name and the gift card’s balance on the website.
- Choose PayPal as the preferred payment method during checkout.
- Make sure your PayPal account is verified and has enough funds to receive payment.
- Complete the transaction and wait for the payment to be sent to your PayPal account.
Sell your gift cards for cash near me.
There are other ways to sell gift cards for cash, such as through a local exchange or marketplace.
You can search for a nearby gift card exchange store using an online directory, Gift Card Granny, or ask around their community for local options.
It is important to note that selling gift cards locally may not always offer the same payment options or value compared to selling online.
It would be best if you also were cautious when selling to individuals and taking cash payments, as there is a higher risk for scams.
Exchange your gift cards for other gift cards
If you don’t want a gift card for a particular brand but would rather have one for a different retailer, websites like Cardpool and Gift Card Granny offer the option to exchange your gift card for another brand.
You can browse through available options and select your preferred choice during the selling process.
It is important to note that not all gift cards may be eligible for an exchange, and there may be differences in value.
The website where you can exchange the gift card is Giftcardspread.
Give the gift cards back to the retailer.
Another option for selling unwanted gift cards is to return the card to the original retailer.
You can contact the retailer and inquire about their return or exchange policy for gift cards.
It is important to note that not all retailers may accept returns or exchanges, and there may be limitations on the time frame in which a card can be returned.
You may receive store credit or a refund on their original payment method rather than receiving cash for the returned gift card.
Overall, various options are available for selling gift cards online for cash, whether through PayPal or other payment methods.
Where can I sell Amazon Gift cards?
Several websites allow sellers to sell Amazon gift cards, such as Cardpool, Raise, and Gift Card Granny.
Sellers can enter the balance and select Amazon as the specific brand during the selling process.
It is important to note that some websites may have minimum balance requirements for selling Amazon gift cards and may also charge a selling fee.
You should carefully review the terms and conditions before completing a transaction.
It is also essential to remember that Amazon may not accept returns or exchanges for gift cards.
You can also consider using their Amazon gift card for personal purchases or gifting it to someone. Another option is to sell it to your friends or family for a lower price.
Donate your Gift Cards
You can also donate your gift card to charity. Websites like Charity Gift Certificates allow Sellers to present their gift card or e-gift certificate to various charities.
You can select the charity and enter the gift card information during the donation. However, it is essential to note that not all brands may be eligible for assistance, and you should carefully review the terms and conditions before completing a donation.
You can also consider donating your gift card directly to a specific charity. Turning unwanted gift cards into charitable contributions that make a difference in someone’s life is very satisfying.
Overall, various options exist for selling unwanted gift cards online for cash.
Another option is to consider exchanging gift cards for a different brand, and returning them to the original retailer. Before completing a transaction, reviewing all terms and conditions is essential.