Make Money
10 Ways To Sell Gift Cards For Cash
Do you have gift cards you would like to turn into cash? Luckily, there are many ways to sell your gift cards for cash and
Approximately $1 billion in gift cards go unused every year! That’s why choosing to sell gift cards online at a discounted rate to somebody who wants them is a win-win for you and the buyer.
You are probably here because you have digital or physical gift cards you wish were hard cash. Explore the best ways to sell your unwanted gift cards or
Our Top Picks
COMPANY | FEATURES |
CardCash | Get up to 92% of the value of a gift card |
Ebay | Rating system to find trusted buyers |
Craigslist | Sell in person to sell more quickly |
Where To Sell Your Gift Cards Online
Selling gift cards online is the easiest option, but you should expect to pay a commission up to 15% of the selling price.
1. CardCash
You can either sell or trade your gift card at CardCash. By doing a gift card exchange, you can get up to 14% more for your unused gift cards.
CardCash makes instant offers for any gift card you want to sell and you can earn up to 92% of the card value for in-demand gift card brands.
Payment for your gift card is sent via PayPal, direct deposit, or check within 48 hours when you choose to sell instead of opting for a gift card exchange.
However, the process of gift card exchanges can take longer.
2. Gift Card Granny
Gift Card Granny might be the easiest place to sell gift cards because you can compare the selling prices on several marketplaces with a single query.
The site works whether you have a physical or digital gift card. For high-demand gift cards, you can earn up to 92% back of the card value.
If you want the cash immediately, go with the Sell It Now option to be paid by PayPal, direct deposit, or check within three business days.
But, if you have more time to sell, you can earn more with the other two options –Name Your Price and Trade In– to get paid in cash or swap your gift card for a more desirable brand.
3. Raise
Raise has been helping people sell gift cards online for almost a decade. The process is simple. Just follow the 3-step instructions on the Raise website to get cash for your gift card.
You can sell new or partially used gift cards or store credits on Raise. You’ll pay a 15% commission when you sell a gift card on Raise.
In addition, you’ll pay a $2.75 or 1% charge to cover the cost of shipping if you’re selling a physical gift card as opposed to a virtual gift card.
The Raise website says you can choose your payment method (ACH or PayPal) and that there are no fees attached to either payment method when you try to sell your gift card.
4. ClipKard
ClipKard will buy unused gift cards from just about any retailer. All you need to do is input some information about the card. They’ll give you an offer based on the retail value of your used or unused gift cards and retail brand.
You can select one of two methods to ship your cards. If you choose to ship USPS First Class, ClipKard will pay for the shipping! In the end, it’s up to you to mail the cards off.
Payment can come directly to a Paypal account the following day or by a check in the mail. It’s up to you how you get paid.
Not only can you make money on gift cards, but you can earn ClipKard rewards! 1000 points equates to $10 which you can redeem on future purchases on the site.
5. Cardsell
The Cardsell app is an app that lets you sell gift cards online instantly for cash. This app is available for Android and Apple devices.
All you have to do is download the app, enter your gift card information and get an immediate offer price. Then you can exchange your gift cards for cash.
Whether you have a Walmart gift card, a Target gift card or something else, you’ll get paid within 48 hours via PayPal. The Cardsell app can be a nice way to try selling gift cards online because it’s fast and easy.
However, because you’re selling directly to Cardsell, you may get a lower payout price than you would with some of the other selling options here.
Related article: 10 Ways to Convert a Visa Gift Card to Cash
6. GC Spread
GC Spread works similarly to ClipKard with one major difference. You get to pick the selling price of the gift card!
That’s right, you decide how much you think your gift card is worth. Send the information off to GC Spread and they’ll either accept the offer or give you a counter-offer.
Once the deal is made, you have 24 hours to upload an ID and credit card information to get your payment. GC Spread will trade gift cards with someone who wants it and you make a profit.
7. eBay
Another option is to sell your gift cards on eBay as you can potentially sell your card for a profit but keep in mind that this can be more hassle.
By selling through a gift card marketplace, they verify the balance and offer seller protection in case the buyer has trouble redeeming the card.
To avoid fraudulent buyers on eBay, follow these tips:
- Never listed the card number or pin in the listing
- Buy your postage through PayPal so eBay can track the shipping details
- Don’t email the card number and pin even after the buyer pays for it, make them wait to receive the actual card
Most buyers are honest, but a few bad actors give everybody a bad name. Make sure to check the eBay buyers rating for recent negative feedback before shipping the card.
8. GameFlip
If you are a gamer and win gift cards, this is a great place to flip them. They allow you to get cash for gift cards for places like Xbox Live, Amazon, PSN and even Google Play credits.
The most popular gift cards on Gameflip are Steam cards, PSN, Xbox Live, Amazon, iTunes, and Google Play cards.
Where To Sell Gift Cards Near You
9. Craigslist
You can also sell locally by listing your card on Craigslist or another app like Offerup. This option might work best for gift cards to local businesses that cannot be listed on the other gift card balances.
When selling locally, it’s best to meet at the local business to verify the balance before the buyer pays for the card.
My wife and I bought a gift card to a local hardware store at a discount using Craigslist. I met the seller at the store and paid him for the card after the cashier verified the balance.
10. Have a Garage Sale
If listing your gift cards online or going to an in-person kiosk is too much work, you can also sell them from home with a garage sale.
You may or may not get a good deal for the cards because the asking price depends on how much interest the prospective shoppers ask.
Do encourage the potential buyer to dial the toll-free 1-800 number on the back to verify the balance before buying.
Frequently Asked Questions
If you still have questions about selling a gift card online, these answers might be able to help.
Can I cash in partially used cards?
Yes, some sites will give you an offer so you want to make sure you provide the full amount left on the card.
Is there a shipping cost involved for sites sending me a check?
Yes, most sites will include some type of shipping and handling cost. If possible, the best route is to get the money digitally through PayPal or another venue.
Can you trade your cards for other cards?
Yes, some sites allow you to trade your unwanted gift cards. This can also help reduce selling fees.
How long does it take to get cash in hand?
Based on our review of sites, some will provide cash within a day and others a week. Make sure to do your homework and find the one that works best for you.
Most sites work the same in that you need to select the gift card brand, enter the current balance, enter the pin then choose your selling price.
How do I convert a physical gift card to a digital version?
Most online marketplaces will convert your physical card to a digital version that the buyer can either redeem online or print. Digital transfers instantly transfer the card balance to the buyer and keep selling fees to a minimum.
What is the most profitable way to sell gift cards online?
Trading can be more lucrative because you simply swap balances and the marketplace collects a smaller fee.
But, you might need a high-demand gift card like Amazon, iTunes, or Starbucks to trade. If no other traders want your card, you can earn more selling.
Summary
Selling your unwanted gift cards can be an excellent way to make a little extra cash with minimal effort.
Whether you sell online or in-person, selling gift cards for cash is one of the easiest ways to improve your finances and you also find a good home for your old gift cards.
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