Trade & Exchange Gift Cards for Cash Instantly Online or Near: 8 Places
Can it be possible that half the retail offerings this holiday season will be gift cards? Today, people aren’t necessarily opting for bulky presents for loved ones. In about half the instances gift cards are the choice. Retailers present gift cards as tempting alternatives with colorful plastic cards and envelopes, a suitable replacement for the so real but bulkier gift. Another factor is the cost of mailing awkward presents to loved ones. It’s much cheaper to mail a gift card. Digital gift cards offer even less hassle. They’re delivered to an email address and include a code that allows users to enter the data at the retail stores.
What all that gift card convenience means is that people get a stack of plastic or an email box full of digital codes in a calendar year, and they can’t possibly use it all. You may be one of those people who have a wallet full of them. Some are practical, some are rich and luxurious and others are popular. But what many consumers miss is that those gift cards represent cash. Gift cards are exchanged for cash. Can you resell your gift card to get the cash or trade it in?
The answer is an emphatic yes!
There are a handful of websites that specialize in buying your gift cards for a significant percentage of their face value. When you think about it, it’s a win-win for both seller and buyer. The seller paid nothing because they received the card as a gift, and the buyer gets eight-percent, ten percent, 20-percent or even 35-percent off the face value of the card. That’s a gift card that can be applied to anything in the store including stuff with a price that’s already knocked down. It’s the same for digital gift cards. See how the savings can add up? To sell or exchange an unwanted gift-card is just another example of smart shopping.
As a result, people are looking for resellers of gift cards, and there’s plenty of demand. Here are websites that can help you sell or trade in your gift cards:
- EJ Gift Cards
- Gift Card Granny
- Gift Card Spread
- Kiosks Cash
EJ Gift Cards
EJ Gift Cards is another gift card seller and buyer that provides gift card owners with the ability to get cash for their unwanted gifts. Converting your gift cards on eBay and other platforms can be useful, but you may be open to chargeback scams and long waits for cash. EJ Gift Cards takes the hassle out of the process by providing gift card owners with instant purchase options.
EJ Gift Cards has a preset list of different gift cards that it purchases from customers. This means that you won’t have to wait hours for a quote on your card. There are pre-determined percentage returns for each type of gift card. These are based on how easy it is for EJ Gift Cards to sell the card to someone else. While the amount you’ll receive from selling your gift card will vary, you should expect to receive at least 55% percent of your card’s value.
No Upper Limit
One of the best features that EJ Gift Cards offers is its lack of upper limit on gift card amounts. This means that you’ll be able to sell a gift card of any value. While this may not seem like a big deal, it’s much more useful than you may realize. Often, it’s hard to find a gift card buyer if you have an extremely expensive gift card. If there isn’t someone who is able to use the whole card, you probably won’t find someone willing to purchase it.
For this reason, EJ Gift cards is an excellent option for those who need to liquidate large gift cards.
EJ Gift Cards is able to stream the process because of its online verification system. This system allows you to enter the gift card number and pin so that EJ Gift Cards can verify the value of the card. If you’re looking to turn your gift card into cash as quickly as possible, this is an excellent choice. You won’t have to wait days or weeks for your gift card to be delivered and processed.
Direct to Customer
One of the reasons hat EJ Gift Cards is able to offer such competitive rates on a broad range of cards is that its direct to consumer. On EJ Gift Cards’ site, you’ll also find options to purchase gift cards. The company sells the gift cards it buys directly back to other consumers — there’s no middle man taking an extra cut.
Many gift card buying companies have outdated ways of sending your money. All you need to do to get cash for your card is open a PayPal account — this is where EJ Gift Cards will send your money once your gift card is verified. PayPal now offers an instant withdrawal service for a 1% fee, so it’s easy to get your hands-on cash instantly if you need it. Alternatively, withdrawing money with PayPal is free if you’re willing to wait one business day for processing.
Gift cards are cards issued by banks or retailers and they bear an exchange value equal to the purchase price. They’re used by individuals and organizations as rewards and gifts. Companies give many gift cards away for free to employees and customers. It adds up to a substantial number of gift cards. The most interesting thing about gift cards is that they’re anonymous. After they’re consumed, they’re thrown away.
People receive gift cards from many sources. They get them under the Christmas tree, at birthday parties and in the workplace. You’ve probably received some yourself.
So you’re aunt bought you a $100 gift card because she saw the perfect clothing item but she didn’t know your size, so now you’re holding a valuable gift card. Go to Card Pool and click on the go to sell gift card page and you’ve arrived at the start of the process. Card Pool exchanges physical and electronic gift cards for hundreds of popular stores in exchange for a check in the mail, and they also exchange store credits for checks. At the website, you enter the card name, balance, card number or digital code to get a quick quote, and then choose the offer you like. You can opt for a check, or choose a different gift card to receive. You can get as high as 92-percent of the face value of the gift card. Card Pool advertise to buyers that discounts as high as 35-percent off the face value of some gift cards can be realized when they purchase it. That’s a high discount purchase.
As a result, this exchange is only going to grow as Card Pool becomes a mobile app that shoppers can use to buy digital gift cards even as they shop. The demand you’re your unused gift cards and digital codes will grow. The type of card you’re carrying is not much of an issue. Every gift card including the major credit card gift card is in the works.
The popular cards earn the most cash. A better way to say it is that the most versatile cards get the highest percentage of the payout, but there are no hard and fast rules. If you get a restaurant card, that means the bearer must go to that restaurant to use it. It’s easier to spend a gift card at a big box store than a neighborhood restaurant, but does that mean you’ll get more for your big box store gift card than a restaurant card?
In addition to Card Pool’s online service, they can also point you to store kiosks in your neighborhood that exchange cash or exchange for another retailer’s card of equal value. Finally, you can look up the value of your gift card at CardPool without any obligation. There are many ways to exchange your gift card at CardPool. People love the site.
Gift Card Granny
Gift Card Granny has been around long enough to be the biggest total buyer of gift cards. If people want to look up their gift card’s exchange value, they visit Gift Card Granny. Granny has discovered from surveying the resellers of gift cards that most resellers are either dissatisfied with the retailers’ gift card or they just prefer a more general gift card and can get it by exchanging it. The number of resellers grows larger with time as the decade of the 2010s has shown. There’s been at least a 50-percent increase in the number of card resellers over the last ten years surveyed, according to Gift Card Granny.
The most hyped gift cards are often the ones resellers unload the quickest, so is the volume of a gift card going to affect its value? It’s hard to say for sure. In 2018 the abundance of gift cards was for amazon.com and I-Tunes. I-Tunes, Gift Card Granny reports, is also the most resold card. The rule to follow is supply and demand. If a gift card is hard to find, it commands a higher price. You could draw some inferences from this. For example, a card for a popular grocery store chain is hard to find because consumers use that card rather than resell it. Hypothetically, the same applies to retailers like Wal-Mart. If a chain store is national, big and popular, it’s going to be hard for consumers to give up their gift cards. If the gift card is for a ubiquitous gas station, i.e., for the purchase of gas, it will likely be consumed by the recipient rather than resold. From this, you can infer that the most consumed gift cards are for everyday necessities. These cards don’t necessarily get traded in, so the supply is low.
I mean, if you have $100 in your pocket for groceries in the form of a gift card and somebody offers you $92 for it, you might balk and say no. It might be different if the gift card was for a popular boutique clothing store. Do you really need another black skin tight legging? Resell that gift card!
Gift Card Granny also keeps track of changes to the gift card industry following company closings, updated websites, new government regulations, fraud, the development of new gift card forms and public opinion. The industry news reported at Gift Card Granny’s include articles about the development of mobile gift cards that sit on your cell phone and electronic gift cards that are sent to emails.
This can be important information to the gift card bearer because when retailers go bankrupt, their gift cards often cease to have value. Fraud includes hacking schemes to break into retailers’ accounts and steal gift card numbers and balances. This could affect the balance of your gift card. To date, government regulations have addressed the retailers’ perceived abuse of gift cards by adding expiration dates and charging fees. This is valuable stuff to know. Moreover, in the cyber economy, developments in gift card giving is poised to have a revolutionary effect on the digital gift card will change the way consumers shop. The gift card will be a part of this change.
In addition, Gift Card Granny gives shopping tips and tricks, the latest trends in gift cards and a gift card balance lookup service. Check out their free download app so you can buy and sell gift cards on the run.
CardCash began in 2009 as Wal-Mart concept and has spent tens of millions of dollars on gift cards and has sold as much in discounted gift cards from famous retail brands. The pitch from Card cash addresses the glaring presence of unused gift cards in the hands of the public, literally billions of dollars worth of unused gift cards. This phenomenon was such an unseen development in the gift card industry. Believe it or not, retailers know how much money in gift cards never gets spent, so CardCash urges holders of unused gift cards to visit their CardCash website and do the simple, quick process of getting cash out of the unused gift card or going for another discounted gift card in exchange.
They offer cash up to 92-percent of the face value of the card, and on trade-ins, they add a discount to the price. It’s a simple process. Just go to the sell gift card page, enter the retailer name and the balance, and get an offer immediately. You can choose whether you want to accept it or not. Use the trade-in feature to solve your shopping woes. If you don’t like one store’s inventory and prefer to shop at another, just swap cards at CardCash. They trade in or buy physical cards and digital codes. You can buy a physical card from them or go for a digital code and know immediately the percentage of the money you saved. With digital codes, in particular, this seems like a great way to save money immediately.
CardCash has done surveys and found that while physical gift cards have grown in number at about a six-percent annual rate, digital cards have grown at a rate of 200 percent. Most retailers are currently offering digital gift cards. If you find one that’s not, it’s going to do so soon. So, digital cards are10 percent of the total gift card industry today. Sixty-percent of CashCArd’s business is in digital gift cards.
CardCash reaches out to retailers to form partnerships using gift cards as a sophisticated and beneficial income stream for both consumers and the retailer to create a revenue stream and better compete in the digital future.
The CardCash site also offers blogs about topics like financing college, celebrating holidays, discount alerts and even a blog on what to do with your used-up physical gift card when you’ve decided to discard it. For example, they suggest you use punches and produce guitar picks or glue together discarded cards to make a Smartphone stand. These tips come with YouTube videos.
Raise is a company on a mission to increase your spending power, and in that sense, you give yourself a raise. This growing company is serious about buying consumers unused gift cards and offering them as discounted cards to the public. The purchasing power of over two million consumers has been increased by Raise since its founding in 2013 and the company has paid out over $150 million in payouts.
Raise brings up the obvious situation right at the start of a consumer’s shopping expedition. Has the consumer checked for deals at the site before shopping? If a consumer is shopping at a retailer like Target, Home Depot or Macy’s, are there gift cards available at Raise to save the consumer money? If the consumer is shopping online, have they searched the Raise database for the brand, category or value, or added value to their electronic account? This company attitude is great for consumers looking to sell their gift cards. The demand goes up and up. Raise offers free shipping for physical cards, so consumers can realize significant savings just by buying discounted gift cards.
The process is simple. Go to the Sell Gift Card page and enter the retailer’s name. That takes you to the details page where you enter the card number, the pin number and the balance. Raise will post an offer even while you’re entering the data. You can choose to accept the offer or decline. If you accept, go to the method of payment and choose between mailed check, PayPal or ACH direct deposit to your bank. It couldn’t be more convenient.
Raise provides countless links to retailers so you can check your gift card balance at the website with any gift card.
Gift Card Spread
Gift Card Spread is about the difference, that is, the spread, between what you want to receive for your gift cards and what they’re willing to pay for it. This is a fascinating approach. If you go to a different gift card website, you may be disappointed by what sounds like a low-ball offer for your gift card. So Gift Card Spread asks you to open up the bidding process to best get to the price you want. There’s no guarantee they’ll accept what you bid, but in twenty-four hours you’ll have a friendly counter offer.
If you accept to sell it at whatever price, set up an account and enter the gift card details. Ship the gift card to their Chicago location and they will credit your account. The site believes you’ll be happier with their service because nobody will tell you what your card is worth.
Craigslist doesn’t seem like the first place consumers would look to buy gift cards, but the truth is people sell gift cards on Craigslist all the time. That’s not to say there are lists and lists of gift cards for sale. In a mid-sized American market, five gift cards might pop up for sale and only three might turn out to be gift card offers. Can you imagine why anyone would sell a gift card on Craigslist? You can cut out all the middle man stuff and get as good a deal as you can. That’s the perception. You can make more for a Target gift card on Craigslist than anywhere else.
There are many problems selling gift cards on Craigslist, and it’s well documented. Without the security the middleman provides, you’re just out there in the cold street selling a gift card. People sell many things on Craigslist and usually, nothing bad happens. At least, someone will lowball offer your gift card and get right in your grill and hope to intimidate you into selling at a low price. At worse, someone will use a stolen credit card to buy the gift card, then sell it on eBay quickly so the transaction cannot be tracked. With gift card selling, you’re even more at risk than ordinary sales because the gift card can be so easily flipped by some unscrupulous person. So do honest people successfully sell their gift cards on Craigslist?
People aren’t much interested in buying gift cards on Craigslist because the scam angle is so much stronger on the seller side than the buyer side. Unscrupulous sellers might sell you a gift card with an active balance a consumer can check, but store it electronically and burn it before the consumer gets a chance to use the card. It happens. You may not get responses selling a so-so gift card on Craigslist, but it would be hard to resist a big box store or big retail store gift card if they were offered there. If you have the right card, list it and say cash sale only, and see if you get any bites. Of course, don’t scam anyone ever.
eBay allows you to sell gift cards online, but with restrictions. Because of the problems with fraud, eBay sets up strict guidelines to sell gift cards, and as anything you do with eBay, know the rules to follow or you could find you’re unable to sell anything there at all. They may even suspend your privilege to buy there if you don’t follow the rules.
This is the middle-man talking to you at eBay. It is nothing like the middleman service you get at a gift card exchange website, but it’s more of a middleman than you’ll find at Craigslist. When consumers do transactions at eBay, they must follow certain rules that are true for all transactions there, and that does give you a certain layer of security when you sell your gift card too. Be certain to understand everything about eBay before you sell there because they charge fees and percentages that might make doing a gift-card exchange there completely impractical. Becoming an eBay seller is so rife with pitfalls that whole books are written on the subject. The best seller at eBay are knowledgeable ones who are concerned with their reputations.
Sell in Person at Kiosks
Gift Card Exchange is the most popular gift card kiosk. It’s the yellow box in grocery stores and at retailers, and it’s the absolute fastest way to exchange money for unwanted gift cards. It might also be the method with the most low-ball offers. You enter the details about the gift card into the box and it brings back an offer. If you ‘re satisfied with the offer, the kiosk will issue you a voucher you can take to the register to exchange for money. The kiosk can be swiped or your magnetic stripe card can be held up to a scanner. It reads the balance. The kiosk will also ask for our phone number and scan your State-issued identification, like a driver’s license. You’ll also have to enter other information that is associated with the card, like a pin number. It will also require a credit card number. You can decline or accept the offer. If you decline, the machine will return the gift card and end the transaction. Nothing will be exchanged.
From online exchange forums to in-store kiosks, selling and trading your gift card for cash has never been easier. As a matter of fact, some gift card buyers have partnered with national retailers to make the process one-hundred times easier. With so many trading platforms, there’s no reason to let your gift card expire. Not only that, but you can also receive up to 90% or more of the gift card’s face value. To ensure you get the best deal when you sell your gift card, we have answered numerous questions to clear your doubts.
Selling Gift Cards for Cash
Almost everyone has received a gift card they never ended up using. Instead of letting it go to waste, you should consider selling your card for cash. Nowadays, there are many trustworthy places to sell your card, drastically reducing the risk of fraud. You can sell both plastic and physical cards, either in-person or online. Once the balance is verified, you will receive a check or deposit in no time.
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Can you exchange gift cards for cash?
Where can I exchange gift cards for cash?
Can you exchange gift cards?
How to exchange gift cards?
Where can I trade gift cards for cash?
How to swap gift cards for cash?
How does gift card exchange work?
How to exchange gift cards for PayPal?
How to exchange a gift card for full value?
How to trade gift cards for cash?
Can you exchange digital gift cards for cash?
How to exchange AmEx gift card for cash?
Exchanging Different Types of Cards
From Bed Bath and Beyond to Fandango, you can exchange virtually any type of gift card online. The amount you receive depends on how in-demand the retailer or restaurant is. Some websites may only pay 50% of the value, whereas others will pay up to 90%. The below questions will help learn more about where you can sell various types of cards and how much you will receive:
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Can I exchange a Macy's gift card for cash?
How to exchange iTunes gift cards for cash?
How to exchange iTunes gift card for Google Play?
How to trade visa gift cards for cash?
Can you exchange Starbucks gift cards for cash?
Can I trade my Best Buy gift card for cash?
Can you exchange a Kohl's gift card for cash?
How to exchange American Express gift card for cash?
Can you exchange Barnes and Noble gift cards for cash?
Where to trade Amazon gift cards?
Can I exchange my AMC gift card for cash?
Can I exchange a Home Depot gift card for cash?
How much can I exchange for a Boston gift card?
How to exchange cheesecake gift card?
Gift Card Kiosks
One of the easiest ways to sell a gift card is to visit a kiosk at a store near you. You can find these self-service machines at grocery stores, shopping malls, and department stores. They function similar to an ATM machine. You simply insert the card and the machine verifies the balance. Then, you receive an offer and you can either accept or reject it. However, the prevent fraud, there are a few extra measures built-in to these machines.
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Can I exchange gift cards for cash at Safeway?
Yes, you can exchange gift cards for cash at Safeway if the store has a Cardpool kiosk or cashier. You can see if your local Safeway offers this service using their online locator.
Does Walmart exchange gift cards for cash?
No, Walmart does not exchange gift cards for cash. Select Walmart stores do have Coinstar kiosks (now owned by Cardpool) where you may be able to sell your gift card for cash.
Where is a Coinstar gift card exchange?
Where can I find a gift card exchange kiosk?
What gift card exchange offers immediate payment?
How do gift card exchange machines work?
Can you exchange gift cards at Kroger?
Swapping Gift Cards
Don’t like gift card you just got for your Birthday? Instead of selling it for cash, you could swap it for a different gift card. The advantage to this is that you could get a gift card of equal value. When you sell a card for cash, you’ll hardly ever receive the face value. The below questions will give you more insight on how to swap your gift cards:
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How to swap gift cards on Plastic Jungle?
How to swap gift cards for other gift cards?
Can I trade a gift card for another gift card?
Can you swap gift cards at CVS?
Can I exchange a Nordstrom gift card for cash?
Can you exchange Xbox live gift cards for subscription?
How to exchange restaurant gift cards?
Can you exchange Apple Store gift card for iTunes?
Where to Sell Gift Cards
Since gift cards are practically cash, it’s important to find a reputable platform to sell them on. Fortunately, there are a number of trustworthy companies (both online and offline) that will buy them off you. While most of these companies buy big-name gift cards (Amazon, Walmart, etc.), it’s harder to find a place that buys lesser-known cards. To help you find the perfect place to sell your card for cash, take a glance at some of the below questions:
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Does Amazon exchange gift cards?
No, Amazon does not exchange gift cards. In fact, you can’t even buy another gift card on their website with an Amazon gift card. For example, if you wanted a Visa gift card, you would need a valid credit or debit card.
Can you trade gift cards for cash at GameStop?
Can you exchange gift cards for cash at target?
Can you exchange gift cards at Publix?
How to trade unwanted gift cards?
Where to exchange gift cards for cash in person?
Does Walgreens exchange gift cards?
Can you exchange gift cards at Shoppers?
Can you exchange gift cards at Giant Eagle?
Jordan's work focuses on helping people reach their financial goals so they can spend more time with family and friends and less time worrying about their budget. After finishing college with a degree in Accounting and Communication, he realized that these are the most important things in life and that people shouldn’t miss out because of money.