It’s bound to happen. Your birthday will come around, and some family member of yours who you haven’t talked to in exactly one year will give you a gift card for someplace you’ve never been, or want to go. Of course, you aren’t going to complain. But what you could do is sell it and turn that gift into something you will use.
One thing to know is you’ll have different luck selling the cards different ways. By far, the best thing to do is sell it to a family member or friend for the full price. The next best place to sell gift cards is on a dedicated gift card buying site like Card Pool or Clip Kard. These sites only trade gift cards and will give you a better deal than eBay. The simplicity of selling gift cards earns it a place on our Side Hustle Master List.
Can sell via multiple channels, can buy/sell on Cardpool, guaranteed cash back requires in person exchange at an on-site Kiosk or cashier-assisted location.
Best value for your card
Let’s say you got a $100 Buffalo Wild Wings gift card recently, but you don’t actually eat meat. You could just try to go and see if they have a salad or something, but that wouldn’t be very fun. You first ask your cousin if they’d want to buy your card, but it turns out they don’t eat anything fried! Ok, so now you go online. When you go to Card Pool, you’ll get an offer that is for about 90 to 95% of the card’s value. That’s great, because since it was a gift, you didn’t pay for it.
You can sell it on that site and earn about $90, no fees or anything else involved. But if you were to take your card to ebay and sell it there, you’d only get 70 to 80% of the value. Ebay shoppers are a little more stingy when it comes to buying gift cards. Also, you have eBay’s fees to take into account. Check out the links below to learn more about selling gift cards online:
- 5 Best Sites to Sell Gift Cards for Cash
- How to Sell an Unwanted Gift Card
- Best Ways to Exchange or Sell Unwanted Gift Cards
- 7 Things You Can Do With Unwanted Gift Cards
- Where to Sell Unwanted Gift Cards