How to Sell Gift Cards Online Instantly for Cash

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How to Sell Gift Cards Online Instantly

A gift card is a fantastic gift if it can be used in stores where you shop most. But, it’s a wasted opportunity if the gift card can only be used to make purchases in stores you don’t like or locations that aren’t near you.

It’s possible to sell unwanted gift cards for cash with certain online platforms. This is a good option if you have one or more gift cards gathering dust because you have no intention or way to use them.

In this article, we’ll show you some websites and apps where you can sell gift cards online instantly for cash. We’ll also provide tips and tricks to help you get the most value out of the experience safely.

Best Sites to Sell Gift Cards Online Instantly

1. CardSell

The CardSell app is free to download. When you have unused gift cards that you want to sell, enter the pin and number to get an offer. Once the gift card is verified with the retailer and you accept the offer, you can get paid. The money is deposited in your PayPal account within 48 hours, according to the CardSell company website.

Pros:

  • You’ll receive your funds within 48 hours.

Cons:

  • Some users report that customer support is lacking.

2. CardCash

CardCash is one of the most popular sites to sell gift cards online. They have a large selection of discounted gift cards on sale at any time. The vast majority of gift cards are purchased by the site at up to 92% of the face value.

It’s easy to learn the value of your gift card on the CardCash “Sell” page, and a large seller fee is not incurred during the transaction. A small verification fee is applied to every transaction to cover the site costs, making CardCash a viable platform for most sellers.

Pros:

  • The fees are very low.
  • Most gift cards are purchased and sold on the platform.
  • The payout is fast.

Cons:

  • Some fraudulent cards are sold on the site.

3. Raise

Raise is a website plus Android and iOS app considered one of the better places to sell an unwanted gift card online. Raise helps you to save money and earn rewards which are typically gift cards for various brands.

Using Raise has a key benefit, as you can know in advance how much your gift card is worth before you decide to sell it. To get started, create a free Raise account. Before you’re ready to sell, you need to enter the gift card number, original balance, pin number, and remaining balance.

The Raise account is free to set up, but there is a 15% seller fee charged when each gift card sells. If you sell a physical gift card, there is a 1% fee or $2.75, whichever value is greater.

Pros:

  • Good value is retained across gift cards.
  • The seller has complete control over their listings.

Cons:

  • Each sale incurs a 15% seller fee.

4. ClipKard

ClipKard is a viable place to sell your gift cards from many companies, including Bed, Bath & Beyond, CVS, the Disney Store, Domino’s Pizza, Dunkin Donuts, The Gap, Hollister, JCPenney, Kohl’s, Macy’s, Marriott, Starbucks, Subway, Victoria’s Secret and Walmart.

But you cannot sell a gift card unless it belongs to one of the aforementioned brands and companies. Another thing to keep in mind is that the card value can degrade significantly when you sell it. KlipCard charges no fees when you sell a gift card, making it a good choice if you have an unwanted card belonging to any of these companies.

Pros:

  • KlipCard is a trusted online platform.
  • There are no selling fees.

Cons:

  • The gift card value is low.
  • Only certain company gift cards can be sold.

5. Prepaid2Cash

Prepaid2Cash is one of the fastest sites for people that want to sell gift cards. The entire process takes around 15 minutes from start to finish, and the payment is sent to your bank account via direct deposit in up to three business days.

To use this platform, download the free Prepaid2Cash app from the Google Play or iTunes app store and sign up. Many people prefer this app because it’s easy to use, and they offer up to 92% of the gift card’s face value.

Pros:

  • The selling process is fast and simple.
  • The Prepaid2Cash app offers up to 92% of the face value.

Cons:

  • The payment takes up to three business days to arrive in your bank account.

6. Gift Card Outlets

This is a marketplace that gives the user a secure way to sell and buy gift cards online. You can even sell expired gift cards here if they are not over six months beyond their expiration date. But, if you want to sell an expired gift card, this must be explicitly stated when you set up the sale.

Gift Card Outlets will send a counteroffer to reduce the asking price or reject the offer outright. The company will pay 60-80% of the gift card’s face value to complete the purchase of your card. If you’re interested in bulk selling, you can receive your payment via ACH. Those selling one or two cards get paid via check.

Pros:

  • You can sell gift cards that have expired.

Cons:

  • The relative value of the gift cards can be low.

7. BuyBackWorld

BuyBackWorld is a platform that facilitates sales of brands such as Best Buy, Home Depot, Kohl’s, Macy’s, Nike, Sears, Starbucks, and Target. To secure a sale, simply quote the card you have to sell and then agree to the offer if you’re happy with the valuation. BuyBackWorld will send you a free prepaid shipping label so you can send the gift cards. The company will issue the payment when they receive the gift cards.

Pros:

  • This platform caters to a good selection of well-known brands.
  • The company supplies free prepaid shipping labels.

Cons:

  • Sellers must wait for the gift card to arrive before a payment is issued.

8. Gameflip

Gameflip is an Android and iOS app and unique website because it’s not focused on selling only gift cards. Gameflip is specifically dedicated to selling objects related to video game culture with a unique niche market.

This makes Gameflip a natural choice if you’re selling e-cards that relate to video games. Some popular gift cards sold on Gameflip include Amazon, App Store, Google Play, PSN, and Xbox. As a seller, you have complete control over the process, and you can set your own prices. The money withdrawal options include electronic wallets like Bitcoin and Skrill, but PayPal money is not a viable option. There are certain fees related to selling with Gameflip, including 8% seller listing fees and an extra 2% fee for digital-only product sales.

Pros:

  • Gameflip is a great selling platform for gaming-focused gift cards.
  • As a seller, you can sell more than cards.

Cons:

  • The withdrawal methods are very limited.

9. GiftCash

GiftCash is an unusual gift card selling platform because you can purchase using cryptocurrency or receive crypto by selling your cards. The company has continuously operated since 2017, and they have paid millions of dollars to support their sellers.

The gift card purchasing process is simple, and the cash value is good. But, some gift cards hold their value better than others, and these tend to be in higher demand.

One significant drawback to using GiftCash is that the sold cards must have a balance of at least $25. If you want to sell physical gift cards, you need to have a card reader too.

Pros:

  • GiftCash can pay you in cryptocurrency.

Cons:

  • Physical card sales require a card reader.
  • The company only accepts gift cards with a balance of $25 or more.

10. EJ Gift Cards

EJ Gift Cards accepts a wide variety of gift card brands, including Home Depot, Kohl’s, Massage Envy, Nordstrom, Starbucks, Target, Victoria’s Secret, Walmart, and more.

Selling a gift card is simple. Enter your gift card balance and receive a purchase offer instantly. If you agree with the valuation, click the “Add Card” button. Next, fill in the card and pin number fields and enter your PayPal email address. The payment is sent instantly to your PayPal account, and the sale is completed.

Pros:

  • The selling process is fast and simple.
  • It’s easy to search and select the gift card brand.

Cons:

  • The gift card brand selection is narrower than some alternatives.

Alternative: Trade Gift Cards with a Friend

If you have a gift card you’re unlikely to use, you can always trade it with a friend, family member, or co-worker for cash. If they plan to make a purchase with a popular brand like Amazon. Walmart, Target, or other well-known retailers, this will be easier. People that are interested may offer less cash for lesser-known gift cards depending on their level of interest and their likelihood of using the card. A gift card exchange is almost as good as cash.

Alternative: Sell Your Gift Cards Locally

Until recently, GiftCardBin allowed gift card sales through its platform. Unfortunately, this is no longer possible. That said, you can visit their map online, input your zip code and find the nearest of its 600 partner locations. Then you can take your unwanted gift card to that location with a valid ID and sell it for cash instantly.

Alternative: Re-Gift Your Unwanted Gift Cards

If none of the methods and alternatives we’ve shown in this article appeal to you, there’s a final option to consider. Simply hold onto the cards and give them to family and friends as birthday or holiday gifts. Just make sure that the card is not expired to avoid embarrassment, and you’ve saved money on a great gift for someone!

How to Exchange Gift Cards

Some of the platforms (including CardCash) that we’ve covered above allow you to exchange a gift card that you don’t want for one that you’re more likely to use. This is an easy way to get a card that closely matches your interests and shopping habits. If this option interests you, check with the site when you’re researching prices and look for the best deal before you commit.

FAQ About Selling Unused Gift Cards

How Can I Sell Gift Cards for Cash Immediately?

It’s easy to turn a desirable gift card into instant cash through a reputable site like CardCash, Raise, and others. The site you choose for the sale will depend on the type of gift card and how easy it is to use. As a seller, you’re unlikely to get the full face value of the gift card. However, this is preferable to leaving the card to gather dust and expire.

Is There an App That Buys Gift Cards?

Many apps purchase gift cards, but the amount you can get for a card will vary. You may have a $25 gift card with a maximum offer of $20, or a more popular card could get you up to 92% of the face value. Bear in mind that you will not get 100% of the gift card value when you choose to sell to an app.

Which Gift Cards are the Most Valuable? 

This is an easy question to answer. Amazon is the largest retailer in the world, with revenue that exceeds $230 billion per annum. Because it’s a popular retailer, it’s very easy to find people that want to purchase an Amazon gift card if you don’t want it. When you sell an Amazon card, you should expect to get at least 92% of the face value from a buyer. If you’re in a rush, you may need to settle for 80% at a minimum, but this should be the exception to the rule. Another very popular option is the iTunes gift card which garners up to 83% of the face value for sellers that are prepared to wait for the right eager buyer. You can exchange an iTunes gift card for cash or cryptocurrency. Other popular retailers like Walmart and Target are good for maximizing value.

How Can I Convert Gift Cards to PayPal Cash?

The best options for sellers that want to get paid via PayPal include CardCash and CardSell.

How Do You Avoid Gift Card Selling Scams?

There is a real problem with gift card selling sites that offer fraudulent cards for sale. The best way to avoid potential problems is to stick with reputable selling apps and sites that have a money-back guarantee in place. All the sites shown above have good reputations regarding protection against scammers. But, Craigslist and Facebook Marketplace have no guarantees in place.

Final Thoughts on Selling Gift Cards Online 

Unfortunately, many gift cards go unused. Selling, gifting, or exchanging unwanted gift cards may seem like a hassle. But, when you think about it, these are the easiest unwanted gifts to deal with. There’s no need to return a product to a physical store or prepare it for collection from an online retailer. You cannot offend someone that gave you a gift card because there’s no evidence that you didn’t use it as intended. If you want to sell a gift card, any of the apps and sites mentioned above are good resources. 

Disclosure: Information presented on Vital Dollar and through related email marketing is intended for informational purposes only and is not meant to be taken as financial advice. Please see our Disclosure for further information.