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How to Sell Unwanted Gift Cards

Stuck with gift cards or electronic gift cards you do not want? Do not let it go to waste! Instead you can sell your gift cards online with ease.

There are several sites that will buy your gift cards and give you cash. Once example is GiftCardGranny.com.  You can easily search these sites to see what they are selling the brand of gift card you have for sale.  Sites like GiftCardGranny also list the monetary amount you will receive when selling your gift cards. By doing so you can compare the results and receive the most for your unwanted gift card. When selling, be mindful that you will not get the full value of the card in return. Payouts are usually between 60 to 90 percent. Depending on where you sell your card, payment options can be cash, check, ACH, PayPal or a gift card to an alternate store. The amount varies by where you sell, transaction and type of gift card. Desirable brands such as Walmart may receive an average of around 90% cash back.

Be sure to do your research when selling your card. Do your homework and gather the most up to date information on the gift card market. This data will help you observe each of the partners’ merchandise quantity and determine the resale value.

You can also sell your partially used gift cards if you have used a portion of the gift card but no longer want it. You might even be able to sell merchandise credits.  These are a little bit trickier, but can be done on a brand by brand basis.

Some sites like Gift Card Granny offer the option to list a card with the ‘Sell It Now’ option. This allows you the ability to choose your own profit margin. Suggested prices are provided, but you are in control of the listing price. Note that this option comes with a listing fee for each card sold.

If you have a gift cards, even if you do not want to use it, you can be sure that someone else out there does. Everyone loves a deal, so you will easily find a partner to buy your card. Everyone loves a win-win situation, and reselling gift cards is always a win-win!

 

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