Who Buys Gift Cards? How to Sell Your Unused Gift Cards for Cash

 

Who Buys Gift Cards? How to Sell Your Unused Gift Cards for Cash

In this article, we will show you how to sell your gift cards online or in person, and how to get the best price for them. We will also share some tips and precautions to help you avoid scams and frauds.

Who Buys Gift Cards Online?

One of the easiest and fastest ways to sell your gift cards is to use an online platform that connects buyers and sellers of gift cards. There are many websites and apps that offer this service, such as [CardCash], [Raise], [Gift Card Granny], and [Cardpool].

These platforms allow you to sell your gift cards for cash, PayPal, or other gift cards. You can also choose to sell your gift cards instantly or list them for sale at your own price.

The process of selling your gift cards online is usually simple and straightforward. You just need to enter the details of your gift card, such as the brand, the balance, and the expiration date, and get an offer or a quote. Then, you need to send your gift card to the platform, either electronically or by mail, and get paid within a few days.

However, you should also be aware of the drawbacks and risks of selling your gift cards online. For example, you might not get the full value of your gift card, as the platforms charge fees or commissions for their service. You might also encounter delays, errors, or scams, especially if you deal with unknown or untrustworthy platforms.

Therefore, you need to do your research and compare different platforms before selling your gift cards online. You need to check their reputation, reviews, ratings, and policies. You also need to verify the validity and balance of your gift card before selling it, and keep a record of your transaction.

Who Buys Gift Cards In Person?

Another option to sell your gift cards is to find a buyer in person. This can be a friend, a family member, a coworker, or a stranger. You can also use a local marketplace, such as [Craigslist], [Facebook Marketplace], or [Letgo], to advertise your gift cards and find potential buyers.

Selling your gift cards in person can give you more control and flexibility over the price and the payment method. You can also avoid the fees and hassles of shipping your gift card or waiting for your payment.

However, selling your gift cards in person can also pose some challenges and dangers. For example, you might have a hard time finding a buyer who is interested in your gift card or who is willing to pay a fair price. You might also face the risk of theft, robbery, or violence, especially if you meet with strangers in unsafe locations.

Therefore, you need to be careful and cautious when selling your gift cards in person. You need to protect your personal and financial information, and avoid sharing your gift card code or PIN until you receive your payment. You also need to meet with your buyer in a public and secure place, and bring a friend or a family member with you.

How to Get the Best Price for Your Gift Cards?

Whether you sell your gift cards online or in person, you want to get the best price for them. Here are some tips to help you maximize your profit and minimize your loss:

• Sell your gift cards as soon as possible. The longer you hold on to your gift cards, the more likely they are to lose their value or expire. You also want to sell your gift cards before the demand for them drops, such as after the holiday season or during a sale.
• Sell your gift cards for popular brands. The more popular and widely accepted the brand of your gift card is, the more likely you are to find a buyer and get a good price for it. For example, gift cards for [Amazon], [Walmart], [Starbucks], and [Target] are usually in high demand and sell for a high percentage of their face value.
• Sell your gift cards for a reasonable price. You need to be realistic and flexible about the price of your gift card. You can’t expect to get the full value of your gift card, as the buyers are looking for a discount and the platforms are looking for a profit. You can use online tools, such as [Gift Card Exchange Rate], to check the average selling price of your gift card and set a competitive price for it.
• Sell your gift cards for cash or PayPal. Cash and PayPal are the most preferred and convenient payment methods for both buyers and sellers of gift cards. They are also the most secure and reliable, as they reduce the risk of fraud, chargeback, or dispute. You should avoid payment methods that are risky or unfamiliar, such as wire transfer, money order, or cryptocurrency.

Conclusion

In this article, we have answered the question of who buys gift cards and how to sell your unused gift cards for cash. We have also shared some tips and precautions to help you sell your gift cards safely and profitably.

We hope this article has helped you learn how to sell your gift cards and get some extra cash for them. If you want to learn more about gift cards and other financial topics, you can check out our blog.

Don’t let your gift cards go to waste. Sell them today and get cash for them!