Whether or not it’s a birthday, commencement or vacation, it’s probably that you simply’ll get a stack of reward playing cards for any celebration. Additionally probably: You’ll find yourself with just a few you’ll be able to’t use or don’t need.
Possibly your boss gave you a Starbucks reward card, however you aren’t a espresso drinker. Or your Aunt Rita gave you a beneficiant $75 for a steakhouse, however you’re a vegetarian.
There is no such thing as a motive for this well-intentioned reward to go to waste. As an alternative of letting them languish in a junk drawer or unopened e mail someplace, promote these reward playing cards for money.
5 Greatest Locations to Promote Present Playing cards for Money and Reductions
Prepared to start out promoting reward playing cards? Begin with these 5 websites.
1. CardCash
Based in 2009, CardCash is a no-frills market to purchase and promote reward playing cards. It accepts playing cards from all kinds of in style shops, eating places, grocers and extra. Whereas the web site states you can earn as much as 92% of a present card’s worth, every card is given a singular quote that might be decrease. CardCash pays you straight in case your card is accepted.
Use CardCash’s quote tool to see how a lot money your reward card is value and to search out out if you could bodily mail it in. You even have the choice to swap the reward card for one at one other retailer, presumably exceeding the worth of your present reward card.
Get began: www.cardcash.com
2. ClipKard
In accordance with its web site, ClipKard accepts bodily reward playing cards from greater than 100 retailers. Quick meals eating places and shops are particularly in style.
ClipKard’s quote tool will let you realize in case your card is presently being accepted and, if that’s the case, how a lot it’s value in money. Should you just like the quote, you’ll be able to ship your reward card to ClipKard utilizing the pay as you go USPS delivery label supplied to you. Should you’re in a rush, you’ll be able to select to improve to precedence delivery, and the value can be deducted out of your payout.
Get began: www.clipkard.com
3. Gameflip
Gameflip is a singular approach to eliminate your undesirable digital reward playing cards and different gadgets. The e-commerce web site is a mix of eBay and Upwork for players. When promoting reward playing cards, like another services or products on the location, you’ll need to make a list, which requires you to first make a Gameflip profile.
You possibly can promote any unused pay as you go and non-reloadable reward card for gaming platforms or different retailers. In style reward playing cards embrace Steam, PlayStation, Xbox, iTunes, Google Play and extra. With Gameflip, you’ve gotten full management over the value, although it’s really useful you checklist your card at a reduction of two% to fifteen% of its worth.
When somebody buys your reward card, Gameflip transfers the funds into your Gameflip pockets, which you’ll withdraw from utilizing Sensible, Payoneer, Skrill or Bitcoin. (PayPal is not supported.) Gameflip takes an 8% reduce of all listings and an additional 2% reduce of digital-only listings. Every pockets withdrawal methodology has its personal associated fees.
Get began: www.gameflip.com
4. GiftCash
GiftCash is an easy approach to promote digital and bodily reward playing cards from more than 150 accepted brands. And you may earn as much as 92% of the worth for in-demand manufacturers.
As with different reward card change websites, you’ll be able to get a quote from GiftCash earlier than you select to promote it. Nonetheless, GiftCash doesn’t permit gift-card swapping.
All reward playing cards will need to have a price of at the least $25. Some manufacturers require a better minimal worth, resembling $100 for Air Canada, Apple, iTunes and Petco. Most worth for all reward playing cards is $2,000.
Get began: www.giftcash.com
5. Elevate
Elevate is a cellular fee app and e-commerce platform launched in 2013. Amongst many issues, Elevate lets you promote your undesirable reward playing cards on its market. Which means you’ll must create a Raise account and a list to your reward card.
As with all product, the extra demand, the extra you’ll be able to ask for it. Present playing cards for main retailers like Walmart, Goal and Greatest Purchase are likely to promote on {the marketplace} for about 95% of their worth.
You additionally preserve management over your itemizing. In case your card doesn’t promote within the first couple of days, you’ll be able to at all times alter the value to draw extra patrons. Or you’ll be able to unlist it when you change your thoughts. As soon as it sells, Elevate expenses a 15% vendor charge, and for bodily playing cards, it expenses an extra $2.75 or 1% charge for delivery — whichever is larger.
Should you misplaced monitor, meaning the utmost you’ll be able to earn on a digital reward card is 85% of its worth, if it sells for 100% of its worth.
Get began: www.raise.com
That can assist you decide the perfect place to promote your undesirable reward playing cards, we’ve in contrast a number of value estimates from in style shops in fall 2022. Right here’s how the 5 gift-card websites stack up.
How A lot Money Your Present Playing cards Might Earn
Websites | $25 Walmart Present Card | $25 Goal Present Card | $25 Starbucks Present Card | ||
---|---|---|---|---|---|
CardCash | $21.38 | $20.88 | $19.38 | GET DETAILS | |
ClipKard | $17.84 | Not Accepted | $15.29 | GET DETAILS | |
Gameflip* | $22.49 | $20/25 | $14.62 | GET DETAILS | |
GiftCash | $21.50 | $20.75 | $16.25 | GET DETAILS | |
Elevate* | $20.93 | $21.04 | $20.27 | GET DETAILS |
*Notice: Estimated change costs for Gameflip and Elevate have been based mostly on the charges of digital reward playing cards presently listed and promoting on their marketplaces, minus the relevant vendor charges (10% and 15% respectively).
Tricks to Promote Present Playing cards On-line
There are many web sites to promote your reward playing cards, and each is somewhat totally different. Some will let customers bid in your reward card, whereas others will buy it from you after which promote it themselves.
Right here’s what to remember as you discover a purchaser for that undesirable current.
Contemplate Methods to Get Paid
Relying on the service you select, if you promote a present card, you’ll be able to obtain a examine within the mail, a PayPal or different digital fee, or a extra helpful reward card.
Fee apps may be fast, however preserve these pesky transaction charges in thoughts if you wish to maximize your payout. Checks might take somewhat longer, however they’re nearly as good as chilly, exhausting money. And relying in your spending habits, one other reward card may be your best option, because the conversion price goes to be the very best.
Every choice has its personal perks, so select whichever most closely fits your wants.
Don’t Promote Present Playing cards on eBay
EBay has at all times been a preferred place for getting and promoting issues on-line — however it may be the worst approach to promote reward playing cards.
First, an eBay purchaser isn’t probably to purchase your reward card for greater than 80% to 90% of its worth. For a $100 reward card, you’ll be able to depend on a lack of between $10 and $20 proper off the bat.
On high of that, you could be liable for eBay’s insertion charges, a ultimate worth charge and a efficiency charge in case your eBay vendor account isn’t in fine condition. These charges eat additional into your earnings.
Chances are you’ll be considering, hey, don’t Elevate and Gameflip even have vendor charges? They do. However these marketplaces concentrate on promoting reward playing cards, so the bottom worth of your reward card is more likely to be larger on Elevate or Gameflip than on eBay. Additionally with eBay, there’s no built-in approach to confirm your reward card’s code or stability — making the promoting and cargo course of rather more of a problem.
Briefly, follow one of many 5 gift-card promoting web sites above to get essentially the most cash for that ol’ Applebee’s reward card that’s almost fused collectively along with your pockets.
Steadily Requested Questions (FAQs) About Promoting Present Playing cards On-line
Listed here are our solutions to some frequent questions on promoting reward playing cards on-line.
How Can I Trade Present Playing cards for Money?
You possibly can change reward playing cards for money simply by promoting the unused card on to a present card web site like CardCash, CardKlip or GiftCash. They may purchase the cardboard from you straight. Or you could possibly checklist your reward card on marketplaces like Gameflip or Elevate, the place folks can bid in your card and purchase it from you. You’ll hand over somewhat little bit of the reward card’s worth, however you’ll have cash you should utilize wherever.
How Can I Get Money for Present Playing cards Instantly?
Once you promote your reward playing cards on-line, it’s attainable to get a quote instantly. That’s, you’ll be able to simply and shortly examine how a lot your reward card is value. However your entire strategy of promoting the reward card on-line will take for much longer, particularly if you must mail a bodily card.
One choice for quicker money is thru GiftCardBin, which companions with greater than 600 companies nationwide to purchase reward playing cards — in particular person. Use its retailer locator instrument to see if a associate is close by. Then you’ll be able to promote your reward playing cards for quick money. Nonetheless, you need to count on a quote a lot decrease than the net exchanges.
The place Can I Promote Unused Present Playing cards?
You possibly can promote reward playing cards for money on-line and in particular person. Promoting your reward card in particular person is the quickest approach to get money, however it’s not essentially the most profitable. GiftCardBin has a whole bunch of companions across the U.S. that provide money for reward playing cards at a steep low cost. The slower and extra profitable approach to promote reward playing cards is on-line, and you may earn as much as 95% of the reward card’s worth in money by utilizing one of many reward card exchanges talked about above.
How A lot Do You Get for Present Playing cards at Coinstar?
Coinstar discontinued its gift-card-buying companies in any respect Coinstar terminals. Nonetheless, when you’re utilizing Coinstar to depend your change, you’ll be able to maximize your payout by selecting to simply accept fee by reward card. This feature lets you skirt the charges related to money payout.
Adam Hardy is a former workers author for The FinanceGrabber. Author Dana Miranda contributed to this report.