Have you ever received a gift card that you never used or forgot about? It’s a common occurrence, and it’s estimated that billions of dollars worth of gift cards go unused each year. However, there’s a way to unlock the value of those unused gift cards and turn them into cash. By cashing out gift cards online, you can easily and conveniently access the funds on your gift card and use them for whatever you need. In this article, we’ll explore the benefits of cashing out gift cards online and provide you with helpful tips for maximizing the value of your unused gift cards.
What is an unused gift card and why is it important to cash it out online?
Unused gift cards are prepaid cards that have been given as a gift but have not been used.
How can you check the balance of your gift card?
You can check the balance of your gift card by visiting the website of the retailer or by calling the customer service number on the back of the card.
Can gift cards be sold online?
Yes, gift cards can be sold online on various websites that specialize in buying and selling gift cards.
What are the benefits of cashing out gift cards online?
Cashing out gift cards online allows you to get the full value of the card and use it for other purposes.
Are there any fees involved in cashing out gift cards online?
It depends on the website or platform you use to cash out the gift card.
What are some popular websites for cashing out gift cards online?
Some popular websites for cashing out gift cards online include Cardpool, Raise, Gift Card Granny, and CardCash.
What should you consider before cashing out a gift card online?
Before cashing out a gift card online, make sure to research the website or platform you are using and read reviews from other customers.
1. Cashing out gift cards online saves time and provides convenience for users who may not have a nearby physical location to redeem their cards.
2. Users can receive cash or trade their gift card for another retailer, providing greater flexibility and choice in how they use their gift card value.
3. The ability to access unused gift card funds online can help users avoid losing money to expiration dates or fees.
4. By unlocking the value of unused gift cards, users can put that money towards other purchases or expenses, providing a financial benefit.
But will you? About 6 percent of all gift cards are never used, according to Anduro Marketing. Rather than losing money, why not sell the card? The market has greatly consolidated in the last year. Most gift card websites now focus on selling cards at a discount or buying in bulk. The two main sites that still buy unwanted gift cards from individuals are Raise and Cardpool and they have very different business models. Cardpool buys cards directly from consumers. Raise lets you list the cards you want to sell on their marketplace. Founded in , Cardpool buys physical and e-gift cards from about major retailers, including clothing and department stores, movie theatres, jewelry and electronics stores, restaurants, pet and auto parts stores, and supermarkets. The process is simple and quick. Just enter the brand, card code and balance. Once that information is verified, Cardpool will make you an offer. There are two payment options Amazon eGift card or a check in the mail. In the next few months, the company plans to offer a few other payment options, such as Venmo, PayPal and Western Union. Cardpool CEO Jones pointed out that the company received some bad reviews last year. The site now has new management, he noted. Raise is a marketplace for selling gift cards. It accepts listings for thousands of major brands for free. You get to set the price. If the card sells, Raise collects the money from the buyer, deducts a 15 percent fee and forwards the balance via check, PayPal Funds or ACH direct deposit. Since Raise acts as the middleman in the transaction, neither the seller nor the buyer should worry about fraud. How much of a discount do you need to offer to get that card to sell? Raise can help you with that. If you want your card to sell in a couple of hours, you might want to be more aggressive with your discount. Otherwise, you could get burned. Remember A thief can drain the money stored on a card even if you have the piece of plastic in your possession if they trick you into giving them the number on that card. Want more tips like these? Sign up for our newsletter and follow us on Facebook , Twitter and Instagram. IE 11 is not supported. For an optimal experience visit our site on another browser. Better Logo. Share this . NBC News Logo. Follow better. Search Search. By Herb Weisbaum. How to tackle post-holiday bills Jan. Good Cents Holiday credit card bills rolling in? Here are 3 things you can do to pay them off. Herb Weisbaum.
We want to help you fast and with a smooth process we intend to do just that!. When you exchange gift cards for cash online here, you will have your money in your account in less than an hour. We have different payment methods available to suit your convenience. Enter the balance on your card. You will be made an instant payout offer. After you accept the offer, fill our form. Let us know some details about you and your gift cards. Get Started Now! We pay out faster than anyone online! Exchange Gift Cards for Cash. A Simple Process. Enter your gift card s We accept gift cards physical and eCards from over chains and outlets. Get the offer Enter the balance on your card. Fill the form After you accept the offer, fill our form. Search and Accept your Payout Search for the gift cards you have. We accepts gift cards from over popular stores. Enter the balance on your card and accept the cash amount offered. Upload your ID For verification purpose, we require you to upload your gift cards, as well as a valid ID. Once verified, we will send you your money in your account in less than an hour. We verify your information to safeguard you and us from any fraud. Search For Your. Store Card Here!! Generic selectors. Exact matches only. Search in title. Search in content. Search in excerpt. Search in posts. Search in pages. Contact us. Please enable JavaScript in your browser to complete this form. We use cookies to improve your experience on our website. By browsing this website, you agree to our use of cookies. Forgot your password? Registration is free and easy! Faster checkout Save multiple shipping addresses View and track orders and more Create an account. The product has been added to your cart. Continue shopping View Cart.