Sometimes people get gift cards for things they don’t like. If you know how to sell gift cards online for almost face value, you can turn the situation around and transform the unwanted cards into hard cash.
This article will teach you how to sell any gift card for the best price and show you the top sites to use to make the most of your unwanted gift cards.
Best Website Builders to Start Selling Gift Cards Online
| Provider | User Rating | Recommended For | |
|---|---|---|---|
 | 4.6/5.0 | Beginners | Visit Hostinger |
 | 4.4/5.0 | Pricing | Visit IONOS |
 | 4.2/5.0 | Design | Visit Squarespace |
Why Sell Your Gift Cards?
Gift cards are one of the most sold products. Selling your gift cards is a great way to make money online. Instead of wasting them, you can turn these cards into cash for something you want. Besides the financial benefit, selling gift cards helps remove unwanted baggage.
Instead of letting these cards clutter your wallet or home, selling them will free up space. Plus, selling your unused gift cards will reduce plastic waste. This will contribute to a safer environment for everyone. In the end, selling gift cards benefits your wallet and the environment.
Where to Sell Gift Cards Online
Choosing the right platform is important for successful gift card sales. There are so many online platforms to sell any type of gift card. But it’s best to choose reputable sites that offer good rates. Here are some of the top places to sell gift cards instantly:
Your Own Website
Creating a dedicated website for gift card reselling gives you an edge by eliminating middleman fees from third-party platforms, so you can offer better rates and keep more profit.
A professional website builds trust with potential customers who might be hesitant about gift card exchanges. That’s why choosing the best web hosting is important to ensure your site is secure and reliable during transactions.
Your personal website also gives you valuable insights on customer behavior and popular gift card categories, so you can optimize your inventory and marketing strategies for maximum profitability.
Hostinger: Top Website Builder for Beginners
CardCash
CardCash is a trusted platform that helps people exchange gift cards. The platform has over 1,300 retailers in its network. This means you can exchange your cards anytime you want. CardCash offers high payout rates so you can get a good price for your card’s value.
It offers various payment methods for fast and easy payment for your cards. This includes checks, ACH direct deposit, and PayPal.
Gameflip
Gameflip is good for gamers. This game-centered marketplace offers gift card exchanges for popular gaming platforms like PlayStation and Xbox. Gameflip’s services let you control the price of your cards. You can set the asking price to any amount you want.
This increases your chances of a quick sale and earning more. Gameflip Wallet has a wide selection of gaming-related gift cards. It’s the perfect place to swap unwanted cards for cash or trade them for something useful.
GiftCash
GiftCash is another gift card platform with a simple process. It accepts cards from over 150 brands. GiftCash is good for those with in-demand brands, as they offer some of the highest payout rates. It’s an excellent option for maximum earnings from gift cards for a popular store or brand.
Raise
Raise is a thriving marketplace offering various gift cards from different retailers. Like Gameflip, Raise allows sellers to control their listings and pricing. You can adjust your offers to attract buyers and get your desired selling price.
Raise is popular for its competitive payout rates. The platform ensures you get a fair amount on your gift cards.
How to Sell Gift Cards Online: A Step-by-Step Guide
Selling gift cards online is easy. You just need to take the right steps to get cash for gift cards. Here’s a step-by-step guide to help you:
1. Choose a Reputable Site
The first step is to choose a website based on your needs and the type of gift card. Select a platform from the options we’ve provided. You can also research sites that meet your demands.
But you must consider various factors to choose the right platform for you. These factors include payout rates, fees, payment options, and user reviews.
2. Create an Account
Create an account on the platform you have chosen. Depending on the site, you may need to provide your email address, phone number, and home address.
After this, set a password you can remember. This is important to secure your account and inbox. You’ll also need to verify your identity to prove you are a real person.
3. List Your Gift Card
Now that you have an account, it’s time to list your gift card for sale. This means entering the card details. Enter the retailer, card number, and remaining balance. You’ll also need to set your price based on the factors that affect the resale value.
This part can be tricky for a beginner. But some platforms offer automated pricing suggestions based on current market trends.
4. Complete the Sale
Buyers will see your listing and select your gift card to buy it. The platform will notify you when a buyer purchases your card. After this, you’ll go to the platform to confirm the sale. Enter the card’s PIN or security code to complete the process.
The platform will process the payment and deposit your money according to its payout schedule. You’ll get your money at the right time. For physical cards, the platform will mail them to the buyer.
Tips to Get the Best Price
Apart from choosing the right platform, there are some extra things to do. These will help you get the best price for your cards. This way, you can sell gift cards for instant payment. Here are some pro tips for you:
Compare Offers from Multiple Sites
Every platform has its way of pricing cards. A card that gives 80% of its face value on one site may give 85% or 90% on another. So, compare prices from multiple sites. This will save you from missing out on maximum earnings.
Card Type and Balance Matters
The type of gift card and its remaining balance also affect its resale value. In most cases, eGift cards (digital) sell for a higher price than physical gift cards. This is because of the shipping process of physical ones.
Also, cards with higher balances sell for better rates. So you may sell digital cards with lower balances for less. Plus, buyers are more likely to show interest in larger denominations.
Timing is Everything
The season also affects the resale value of gift cards. People demand more from some retailers than others during certain times of the year. This is especially true during the holiday season when people are looking for gifts. Try selling your cards during this period to get a higher payout.
Fees and Payment Methods
As mentioned earlier, every platform has its own fees and payment options. Some sites take a percentage of your sales, while others charge a flat fee per transaction. Same with payout methods and processing times.
Safety Tips for Selling Gift Cards Online
Selling online is safe. But you must take extra steps to protect yourself from fraud or scams. Here are some key safety tips to remember:
Use Trusted Sites
Always use popular sites with good customer security and satisfaction. Some sites will put positive reviews from previous customers on their page. You can also read reviews and check ratings on sites like Trustpilot or the Better Business Bureau.
Protect Personal Info
Be careful with the personal info you share online. Pay attention to sites asking for sensitive details like your social security number or bank account information.
Unless necessary, don’t share it with anyone. Legit platforms will only ask for basic info to process your transactions.
Watch Out for Scams
Be wary of too-good-to-be-true offers from suspicious people. Also, take note of requests for upfront payments. Never share your card details outside the platform’s secure messaging system. Report any suspicious activity to the platform’s customer support.
Alternatives to Selling
Sometimes people lose interest in selling their gift cards. But there are other ways to use the card. Let’s look at the other options:
- Regifting: You can give the gift card to someone who will appreciate it. This is a thoughtful way to use the unwanted card and make someone happy.
- Trading: Some gift card platforms allow you to trade unwanted cards for the ones you want. This is a great way to get your desired brand or store.
- Donating: Another option is to donate your gift card to a charity. These wise donations will help to support their cause or assist people in need.
Conclusion
Selling gift cards can be tough for beginners. However, if you take the right advice, it can get a lot easier. Follow our expert tips to get the best prices and make the most of your unused cards. You can also help other people by selling their unused gift cards, preventing them from going to waste.
What Now?
Take these steps to start selling your gift cards online:
- Choose a trusted gift card platform.
- Create an account on the platform.
- List your gift card with the right price.
- Compare prices on different platforms.
- Complete the sale and get paid for it.
More Resources
Here are more ways to make money online:
- What is E-commerce? Learn the basics of online selling.
- Creative Hobbies to Make Money: How to make money from your hobby.
- Make Money from Your Phone: Tips to earn money from your smartphone.
- Test Products for Money: How to get paid to test products.
