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You'll receive payment via a check in the mail or through PayPal. If this isn't too much of a hurdle for you, CardKangaroo is a great gift card swap option. This company is unique in that you'll receive a shipping label and be asked to mail your gift card in, rather than simply providing the card's number and other information. If you're looking to sell cards you simply select the merchant, value of the card and get an offer from the website. They accept major credit cards as well as PayPal. CardKangaroo guarantees the stated balance up to $500 of purchased gift cards for 100 days from the day you buy them. You can use this website to buy, sell or trade your unwanted gift cards or simply check the remaining balance of a card you found in your wallet. Gift Card Spread: Best for buying cardsĬard Kangaroo has an inventory of about 1,300 cards as of last November and has served nearly 59,000 customers. Coupled with an impressive A rating from the Better Business Bureau, this is the gift card exchange company we’d recommend.Ģ.
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You can get paid via PayPal, direct deposit, and a check in the mail (although this last option carries a hefty fee, so we cannot recommend it). However, we found during tests that the final amount we received was comparable to other sites, which can levy hidden fees. You're promised around 85-90% of the value when exchanging gift cards for cash, which is low among exchange sites. Raise offered us good money for our gift cards, and had deals on top retailers with an additional option of cashback where gift cards weren’t available. For an entire year from the day you purchase a gift card, Raise will refund your purchase price if the cards if you've been waiting for a physical card to arrive, it has an incorrect balance or is just simply not the card you ordered. One thing we really liked about this exchange website is the shopper guarantee.
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The free mobile app has the same feel and is equally easy to use. The layout is clean and modern and it's clear where to go to buy, sell and earn rewards.
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Raise has a well-designed gift card exchange website.
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For more help deciding where to shop, check out our guides to the best auction sites and the best online shoe stores.ġ. On more unsavory websites, however, these codes may not be valid or have already been used, so it’s best to thoroughly check, first in this guide and then through user reviews for those specific sites, on what is being said about their service. It’s worth noting that some of these exchange sites will also sell ‘second hand’ cards themselves at a lower rate, which might seem like a great deal. Even when using the best sites there can often be delays in the gift card exchange for cash, so don’t panic if your money takes a few days to come through to you.
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To give the full picture, we’ve included tried and trusted sites within this guide alongside those which we found to be more unreliable, so you know which ones to opt for. Be wary of websites that are known as less reputable, as some will try and insert hidden fees into the exchange, or withhold payment, and waste your time and money. You don’t need to be in physical possession of the gift card in order to exchange it for cash, with sites also buying credit and digital codes as part of their service due to the increase in e-gift carding. Though the drawback of using these sites is the fee usually charged to do the exchange, as well as the fact you won’t get the full value of the gift card in cash, it’s better than the gift card gathering dust! Most sites offer between 80-85% of the value of the gift card, so if you know you’re not going to make use of the card at all, then it’s still a good return for you. Doing a gift card exchange for cash is what these dedicated websites are all about, so you can turn an unwanted gift into money to spend on something else.