Have you ever received a gift card and you ended up being confused on how to use it? You are not alone. A gift card is one of the best ways to buy your favorite packages from some stores. However, most times, you would prefer to exchange it for money. If you are looking for how to redeem gift cards for cash, then you are not a lone. Others are also looking for this same stuff.
When you get a gift card, you can either use it for the purpose it was given. You may end up selling products from the stores that gifted you the card. But what happens in a situation where you do not want to use the gift card to pick the products? Most people would most likely allow the card to expire and waste off. That shouldn’t be you.
There’s also a third option. Plenty of sites have popped up on the internet that let you sell your unused gift cards online. This article will cover how to use those sites and list some of the best sites to sell gift cards. So, let’s see how to redeem gift cards for cash.
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Best Places Redeem Gift Cards For Cash Online
There are tons of options for selling your gift cards online and locally. We’ve listed out the best options below.
Cardpool is a great choice if you need money right away. In addition to their website, they also have a few in person businesses and self-serve kiosks. When you sell online you can get up to 92% of the value of your card. You can also name your own price based on what your particular needs are.
CardKangaroo is a good option if you’ve only got actual plastic gift cards. The company doesn’t deal with digital gift cards. They have a free mailing service and will usually send payment within 24 hours. They’ve also got a git card exchange program.
You can sell everything else on eBay, so it’s no surprise that you can also unload your unwanted gift cards there. However, this process is a bit more tricky. Make sure you take steps to avoid fraudulent buyers. Don’t post the card number of the PIN in the listing. Also, never email them the PIN and card number information. This can set you up for a scam.
4. Giftcard Zen
Giftcard Zen, recently purchased by RetailMeNot, is another way to sell your gift cards. You’ll be paid through PayPal in 10-14 days after the company gets your card information. They accept most gift cards.
One of the best places on the internet to sell unwanted gift cards is Gift Card Granny. The site scours the internet to track the current value of different types of gift cards. As a result, you can be confident you’re getting the best price on the market. You can even make up to 92% of the value of your card if it’s a high-demand store.
Gift Card Granny gives you three options to sell. You can:
- Trade in your gift cards
- Sell It Now
- Name Your Price
Sell it now will get you money the fastest – PayPal, direct deposit, or check within three business days. You can make more money with name your price and trade in though. Carefully consider how quickly you want to money when making a selection.
There’s no online gift card marketplace bigger than Raise. Most cards sell within 24 hours of being listed. They offer 3 payment options:
- Direct Deposit
Another benefit of Raise is the ability to name your own selling price. That means you can undercut competitors by a few cents to ensure your sales happen faster. It’s important to note that you’ll pay 12% of your selling price when you make a sale. You’ll also pay an addition $1 or 1% if your card needs to be mailed.
If you are looking for where to Redeem Gift Cards For Cash, the above mentioned places are the best place to start from. If you still have any question, use the comment box and we shall attend to you below.