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5 Great Websites to Sell and Buy Unwanted Gift Cards

Have you ever received a gift card? 5 creative ways to give money as a gift online 5 creative way to give money as a gift online Are you procrastinating until the last moment? Or don't you have time to shop this year? Don't worry, there are many ways to give money as gifts. Read More How about a voucher for a website? Top 10 Sites For Online Coupons & Promotion Codes? Top 10 Websites For Online Coupons & Promotion Codes? It can be difficult to find the coupon codes you want when you need them most. Here are some quality websites for finding discounts and redeeming coupons. Read More It can be tempting to give the card to someone else, but instead of switching, you can always try to sell or swap the card online.

You are unlikely to get the full value of the gift card, but then something is better than nothing. On the other hand, if you are thinking of making a purchase from a retailer that offers gift cards, you could get a bargain by buying a discount coupon beforehand.

Ebay

The most logical and obvious choice for such a task is that eBay is filled with discounted gift cards that are sold as both auctions and buy-it-now items. The price is often determined by the store itself - iTunes and Walmart are widely available, so are likely to sell closer to the retail value of the card than smaller, niche stores. Popular gift cards go up for auction, and unsurprisingly, the final bid only saves a few dollars off the card's full value.

Buy It Now auctions work better for smaller brands and services, and success depends entirely on the price you want to allow the card for. Don't forget that once your auction is over you will also lose some of your winnings as both eBay and PayPal have fees. Take this into account before setting your price too low.

Conversely, I've seen a number of auctions with final bids above the actual value of the gift card and even before postage was added. Don't forget that standard eBay warnings apply. 3 eBay Tips To Get The Most From Ebay 3 eBay Tips To Get The Most From Ebay Read More With PayPal Buyer Protection, however, you can shop relatively safely.

CardPool

CardPool is a service that has been specially set up for the sale and purchase of unwanted gift cards. If you sell a gift card through CardPool, you will receive a maximum of 92% of the value of the card, and shipping costs no penny thanks to the free postage. According to the website, shoppers can get up to 35% off when purchasing a card.

Buying is easy - just scroll or search the catalog. To sell, you have to select your dealer from a very long list, enter the value of the card and then decide whether to send the card by post or enter the code online. For a $ 100 Walmart gift card, I was offered $ 92 or $ 87 for online code entry. There is also the option of receiving the amount by check or an Amazon gift card and CardPool offers a guarantee on your purchase that makes it safer to buy.

The only problem I've found is that despite CardPool's claims that they want to use the service internationally, it currently only appears to work for US stores or cards with US dollar denominations. Non-US users should keep this option in mind in case international support is added.

CardHub

CardHub is a credit card, prepaid card and gift card sales service and is an international service that operates in eight countries: United States, Canada, United Kingdom, Australia, Ireland, Greece, Philippines and Romania. Unfortunately, the majority of sales seem to be in the US, although it's nice to have a service that caters to international users as well.

Sellers in the US have the choice of selling their gift card directly to a partner site (I was offered $ 95 for a $ 100 Walmart card) or publicly put the card on CardHub for the price of their choice. If you want to list the card, you will need a Facebook account. How to view private Facebook profiles. How to view private Facebook profiles. Last year I chose Facebook. In doing so, I learned a fascinating fact about a rapidly growing social network: Facebook profiles are usually private. Read More

Buyers can save between 5% and 50%. So it's worth checking out CardHub before making a big purchase from an established retailer. Unfortunately, there is no guarantee and CardHub recommends trading cash in person to avoid getting stabbed.

Coupon Converter (UK Only)

The UK equivalent service like CardPool, Gift Card Converter, turns your unwanted gift cards into cash. Sellers will be happy to know that the website recently abandoned the listing fee so they can add your unwanted card to the service. All you need to get started is a replacement voucher and a PayPal account. How to keep your PayPal account protected from hackers How do you keep your PayPal account protected from hackers? Read More

Sellers can list cards ranging in value from £ 10 to £ 600. There is also the option of donating old cards with little value to a good cause. The website does not process any transactions itself and only exists as a marketplace. This makes PayPal your best friend when it comes to disputes.

CardLimbo (Australia only)

For Australian sellers, there is CardLimbo, a service that buys unwanted gift cards, sells discounted cards and offers a money-back guarantee if you are not satisfied. A quick test shows that CardLimbo is willing to give me $ 85 for a $ 100 Coles gift card, not a bad fee, although eBay is a more profitable route.

Since you are protected by the company, you can shop with CardLimbo with confidence. Just like Gift Card Converter in the UK, CardLimbo also encourages you to send in your old, unwanted gift cards so they can be donated to charity. More.

Conclusion

It's time to stop pretending to be using this gift card and do the right thing - sell it, raise some money, and buy something you really want. Most coupons have expiration dates - the longer you wait, the more out of date it is. Are you doing something today, helping someone get a bargain, buying what you really want and not donating your old low-balance cards to charity while you're at it?

Have you already sold a gift card? Which service did you use? Did you get a decent price? Let us know in the comments.

Image Credit: Gift Card via Shutterstock

Learn more about: Buying Tips.