Selling gift cards online is an easy way to convert leftover cards into cash or cryptocurrencies. Whether you received a card that you can’t use or would like to have the cash, there are numerous platforms available that make the process simple. The global gift card industry was worth $909.3 billion in 2022, with the resale sector quickly expanding. I was seeking the best platforms to sell gift cards a few years ago, and I noticed that certain platforms provide far better rates and services than others.
This post will lead you through the top 11 best sites to sell gift cards, how to acquire the highest value, and how to maximize your profits.
How Do I Choose the Best Site for Selling Gift Cards?
When selecting a platform to offer gift cards, consider the following crucial factors:
- Payout Rates: The value you’ll receive for your card varies by platform.
- Ease of Use: User-friendly platforms with straightforward processes improve the selling experience.
- Payment Methods: Determine whether the site accepts your preferred payment method.
- Security: Ensure that the platform is trustworthy, with verifiable user reviews.
- Gift Card Types Supported: Not all systems accept all gift cards, so make sure yours is compatible.
11 Best Websites for Selling Gift Cards
#1. CardCash
CardCash is one of the most popular and reliable platforms for selling gift cards. The website enables users to sell gift cards for cash or exchange them for another brand’s gift card. CardCash accepts a wide range of gift cards, including those from famous stores such as Amazon, Walmart, and Target, as well as restaurant and entertainment cards like Starbucks and AMC Theatres.
One of CardCash’s main selling features is its instant payout option, which allows you to get paid within 24 hours in most circumstances. This is especially useful if you need cash right now and don’t want to wait for the selling procedure to take too long. Furthermore, CardCash provides a flexible option for partially used gift cards, which allows you to sell a card even if it does not have the entire balance remaining. This makes it a useful option for consumers who have already used a portion of the card but wish to cash out the remaining balance.
How This Works:
To sell your gift card on CardCash, simply enter the card’s brand and balance into their website, and you will receive an offer. If you accept the offer, you can select to get a payout via direct deposit, PayPal, or another gift card in exchange.
Why Choose CardCash?
CardCash’s extensive list of approved gift cards and speedy payment methods make it a dependable option for anyone looking for a quick and secure way to convert their gift cards into cash. The possibility to sell partially used cards provides additional flexibility for users who do not want their unused monies to go to waste.
#2. Raise
Raise is a peer-to-peer marketplace that allows users to set their prices for selling gift cards. This flexibility is one of Raise’s primary advantages over other platforms that set preset prices for gift cards. Raise allows you to offer cards from major companies such as Best Buy, Macy’s, and Nike, as well as smaller niche businesses, so you’re sure to find a buyer regardless of the card you’re selling.
Unlike other platforms, Raise does not charge an upfront fee for listing a gift card. Instead, they only charge a commission when the card is sold, so you’re not risking anything by putting it on the market. Sellers have a variety of payment methods, including direct deposit and PayPal.
How This Works:
You create an account, list your gift card at the price you specify, and wait for buyers to make an offer. While you have control over the price, keep in mind that offering a competitive rate compared to other vendors will help your card sell faster.
Why Choose Raise?
Raise’s peer-to-peer concept is ideal for people who wish to manage their selling price. This makes it great for sellers who are patient and want to maximize the value of their gift cards. Furthermore, there are no upfront fees, so you only pay a commission when the card sells, lowering financial risk.
Tip: If you need cash immediately, list your card at a competitive price to attract buyers sooner.
#3. Paxful
If you want to sell gift cards for Bitcoin or other cryptocurrencies, Paxful is a good option. Paxful is a peer-to-peer marketplace that allows users to exchange gift cards for digital currency, providing an alternative to cash payments. Popular gift cards, such as iTunes, Google Play, and Amazon, are often traded on Paxful.
One of Paxful’s primary features is its escrow system, which protects both the buyer and seller during transactions. The money is held in escrow until the buyer confirms the gift card’s legitimacy, giving vendors confidence that the transaction will go properly. Paxful accepts a variety of payment methods, from bank transfers to digital wallets.
How This Works:
You can list your gift card and request payment in Bitcoin or other cryptocurrencies. Paxful pairs you with a buyer, and if the customer confirms the gift card, the funds are freed from escrow and transferred to you.
Why Choose Paxful?
For users who prefer to deal in digital currencies, Paxful’s platform is simple to use, and its escrow service ensures safe and secure transactions. The ability to accept payments in Bitcoin and other cryptocurrencies makes it an intriguing choice for those looking to diversify their payment options.
Example: A friend of mine just sold a $100 Amazon gift card through Paxful and received Bitcoin in exchange. They eventually turned Bitcoin into cash, which went smoothly and efficiently thanks to Paxful’s transparent system and many payment choices.
#4. GiftCash
GiftCash is another credible outlet for selling gift cards, especially those with higher balances. GiftCash supports many large stores, including Walmart, Target, and Apple Store, and offers attractive payout rates for popular cards. GiftCash is not a peer-to-peer marketplace like Raise; instead, they purchase the cards directly from you, which can expedite the selling process.
GiftCash accepts payments by PayPal and bank transfer, giving merchants a variety of options. One advantage of GiftCash is that it has a low minimum balance requirement, making it possible for users to sell cards with lower balances.
How This Works:
Enter your gift card information on the GiftCash website to receive an offer. Once you approve, GiftCash purchases the card straight from you and sends you payment via PayPal or bank transfer.
Why Choose GiftCash?
GiftCash is an excellent choice for users seeking a simple selling process without the complexity of maintaining peer-to-peer transactions. The platform’s competitive payout rates and direct sales strategy make it an excellent choice for sellers wishing to swiftly liquidate significant card balances.
#5. Cardpool
Cardpool is an established platform that provides up to 92% of the value of a gift card. The platform accepts cards from major stores, including Best Buy, Starbucks, and Home Depot. One of Cardpool’s most notable features is its instant cash option, which enables sellers to get money immediately via bank deposit, PayPal, or check.
Cardpool also allows customers to sell both physical and electronic gift cards, providing them with more options based on the type of card they own. In addition to its online services, Cardpool features physical kiosks in select locations, where users may sell gift cards in person for fast cash.
How This Works:
You can sell your gift card online or at a kiosk. After entering your card information, Cardpool will offer you a price, and if you accept, the payments will be transferred within a few days or instantaneously at a kiosk.
Why Choose Cardpool?
Cardpool is a great alternative for sellers who desire quick payouts and the ability to sell both physical and electronic cards. The kiosk option is useful for users who wish to complete transactions offline.
Tip: If you reside near a Cardpool kiosk, selling in person can provide you with fast cash without the need to wait for an online payout.
#6. ClipKard
ClipKard is a straightforward site that focuses on purchasing physical gift cards. Unlike other platforms that allow both physical and electronic cards, ClipKard only accepts physical cards. This makes it an ideal option if you have old, physical gift cards that you no longer use.
ClipKard works with a diverse range of shops, including well-known brands such as Walmart, Target, and Best Buy. The platform is simple to use, and payments are accepted via check or PayPal.
How This Works:
To sell your card on ClipKard, you must enter the details of your physical gift card (such as the balance and card number) on their website. After obtaining an offer, send the card to ClipKard. Once the balance has been verified, you will be paid by check or PayPal.
Why Choose ClipKard?
If you have real gift cards and want a straightforward method, ClipKard provides a no-frills option. Though it takes a little longer because you have to mail the card, the platform is reliable and offers cheap rates for real cards.
#7. Gameflip
Gameflip is a popular marketplace for anyone wishing to sell gaming-related gift cards. This marketplace is famous among gamers because it focuses on cards for platforms such as Steam, PlayStation Network, Xbox, and other gaming services. Gameflip also allows non-gaming gift cards, such as Amazon and Google Play, but it shines when it comes to selling gift cards to the gaming community.
Gameflip accepts payment via PayPal, Bitcoin, and direct deposit, offering sellers a choice in how they receive their funds. The site also includes a buyer and seller rating system, which helps to assure transaction security.
How This Works:
When you list your card on Gameflip, you can set the price and wait for a buyer. It, like Raise, is a peer-to-peer marketplace, but it is designed specifically for gamers. Once the customer has purchased your card, Gameflip will release the payment.
Why Choose Gameflip?
If you want to sell your gaming gift cards, Gameflip is one of the greatest places for maximizing their value. Its big gaming community increases the likelihood of finding a buyer quickly, and the variety of payment alternatives benefits sellers.
#8. Prepaid2Cash
Prepaid2Cash is an innovative platform that allows you to sell prepaid cards such as Visa, Mastercard, and American Express gift cards. In addition to traditional retailer gift cards, Prepaid2Cash specializes in prepaid debit cards, which are frequently more difficult to liquidate on other sites.
Prepaid2Cash provides speedy payouts via direct deposit or ACH transfer, often within 1-3 business days. This makes it an excellent solution for consumers who own prepaid cards and want a quick way to turn them into cash.
How This Works:
Simply enter the prepaid card information (such as card number and balance) into the Prepaid2Cash platform. After accepting an offer, your payment is handled immediately into your bank account within a few days.
Why Choose Prepaid2Cash?
If you want to sell prepaid Visa or MasterCard gift cards, Prepaid2Cash provides a simple and secure approach. It’s one of the only sites specializing in prepaid cards, making it a niche yet extremely beneficial alternative for vendors.
#9. Cash for gift cards
Cash for Gift Card is a simple and user-friendly platform for selling both physical and electronic gift cards. While it is a simpler platform than some of the others on this list, it is known for speedy transactions and secure payments.
Cash for Gift Card accepts a variety of popular brands and processes payments via PayPal or direct deposit. The platform takes pride in giving low prices and timely payouts, making it a dependable choice for anyone wishing to sell gift cards with minimal fuss.
How This Works:
You enter the card information into the site, and Cash for Gift Card will make an offer. If you accept, your payment will be executed once the card is validated, which normally takes 1-2 business days.
Why Pay Cash for a Gift Card?
For individuals looking for a straightforward, quick, and secure way to sell gift cards with little problems, Cash for Gift Card is an excellent solution. Its straightforward design emphasizes on rapid and secure transactions.
#10. CardSwap
CardSwap is a popular platform, particularly in Canada, where users can sell their gift cards for cash or trade them for another retailer’s gift card. The site offers a wide selection of stores, and it’s especially beneficial if you want to trade in your item rather than just receive cash.
CardSwap accepts payments via direct deposit or check, and the platform is known for providing affordable rates on popular gift cards from merchants such as Amazon, Walmart, and Home Depot. CardSwap provides additional benefits to Canadian users, such as bonuses when swapping for specific brands.
How This Works:
To sell your gift card, simply enter the card information into the CardSwap website. Once the card is authenticated, you will receive an offer that you can accept for cash or another gift card.
Why Choose CardSwap?
If you live in Canada and prefer to trade gift cards rather than sell them for cash, CardSwap is a convenient choice. Its cheap rates and trade-in bonuses make it a popular choice among frequent gift card users.
#11. GiftCardBin
GiftCardBin differs from the other platforms on this list in that it operates through a network of local businesses. Rather than selling your gift cards online, GiftCardBin connects you with local retailers who will buy them for cash. This option is ideal for sellers who prefer in-person transactions and need cash quickly without dealing with web postings.
GiftCardBin takes physical and electronic gift cards and works with many major merchants, including Walmart, Target, and Home Depot. The platform enables customers to search for participating establishments by zip code, making it simple to locate a nearby retailer.
How This Works:
Visit the GiftCardBin website, enter your location, and look for a local shop that sells gift cards. You’ll take the card to the store, where they’ll check the amount and give you cash on the spot.
Why Use GiftCardBin?
If you prefer in-person transactions or need cash urgently, GiftCardBin’s network of local shops allows you to sell gift cards without the wait time of online transactions. It is great for those who require immediate cash in hand.
Template for Gift Card Selling Proposal
Here’s a simple template you can use to contact customer support on a gift card-selling platform for help:
- CardCash and GiftCash provide high payout rates and quick payments on major shop gift cards.
- Raise offers freedom by allowing you to choose your pricing when selling cards directly to buyers.
- Paxful is great if you want to sell gift cards for cryptocurrencies while maintaining security through their escrow system.
- Gameflip is ideal for selling gaming-related gift cards such as Steam and PlayStation.
- Cardpool allows you to sell physical and electronic gift cards with a variety of payment options, including check and PayPal.
FAQs About Selling Gift Cards Online
Can I sell partially used gift cards?
Yes, platforms like CardCash and Raise allow you to sell partially used gift cards, so you don’t have to have the entire balance to cash out.
How long does it take to receive payment after selling a gift card?
Payment timeframes vary according to the platform. Some sites, such as CardCash and Cardpool, pay within 24-48 hours; however, others may take 3-5 business days.
What payment options are available on gift card-selling websites?
Most sites offer payment options, including direct bank transfer, PayPal, and, in some cases, cryptocurrencies. Some, such as Cardpool, even accept check payments.
Do I have to pay any fees for selling gift cards?
Certain platforms, such as Raise, do not charge upfront fees but instead take a percentage of the sale price. Others, such as Cardpool, do not charge direct seller fees but may provide lower payment rates as a result.
Is it safe to offer gift cards online?
Yes, most reputable platforms have security precautions in place, including escrow services (such as Paxful) and buyer/seller protection policies. Before selling, always read user evaluations and make sure the platform has a track record of success.
Conclusion
Selling gift cards online is an excellent method to convert unwanted cards into cash, and with so many platforms available, you may select the one that best meets your requirements. Whether you desire speedy payouts, bitcoin sales, or flexible pricing options, there is a platform for you.
Have you ever sold gift cards before? Which website worked best for you?
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