Do you have unused gift cards lying around? You’re not alone. Many people receive cards they never use, but there is actually an opportunity to turn them into cash instead.
Selling gift cards online has become a simple way to make quick money without needing special skills or experience. But before you start, it’s important to understand where and how to sell them safely so you get the best value.
In this guide, we’ll go over how the process works, which platforms are worth using, and what you need to watch out for so you can decide if selling your gift cards online is really worth it. I’ll also include a bonus tip, which might be an even better option than selling your gift cards online.
So, if you want to learn how to sell gift cards online, then I recommend you keep reading this article.
Why sell your gift cards and what to expect?
There are many Get-Paid-To websites that have limited payout options in certain countries. In most cases, you can only redeem specific gift cards.
It can also be gift cards that you get in other ways. But regardless of how you get the gift card, the point is that in some cases, it might not be a gift card you really want or can't use.
In that case, your best option is to sell the gift cards. It’s an additional step you have to take, but at least it’s a way to turn those gift cards into a more flexible option, which is cash.
As for what you can expect when selling gift cards online, you must remember that you will usually not be able to convert the full amount of the gift card into cash. That’s because these platforms usually take a cut from the sale.
Aside from that, you will usually have to list your gift cards at a lower price, so that people will be interested in buying them since they can save a bit of money. So, don’t expect to get the full amount of the gift card when you sell it online.
Plus, some platforms will require you to reach a certain threshold to cash out your earnings. So, you must choose which platforms to use carefully.
5 legit ways to sell your gift cards online
So, let’s now discuss the legit ways you can sell gift cards online. Take note that this is not a prioritized list, so you can just choose which ones you prefer. I will keep updating this guide if I find more great ways to sell gift cards online, so make sure to bookmark this page and check on it from time to time for new options.
The video below explains exactly how you can sell gift cards online and also shows you a few examples. You can also read all the details below the video.
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Option 1 – GCX
GCX is an online gift-card marketplace where people can buy discounted gift cards for many brands. You can sell unwanted or partially used gift cards and store credits for cash.
When you sell a gift card on GCX, you’ll have to create a listing and indicate the price of the gift card you are selling. Once sold, you receive payment either via direct bank transfer or PayPal.
Just take note that GCX charges a 15% commission for the sale, so don’t expect to receive the full amount of the listing. It’s available in certain countries, and you will know immediately if it is available in yours if you are able to visit its website.
Option 2 – CardCash
CardCash is another reputable platform where you can sell gift cards. The way it works is that you won’t have to indicate the price of the gift card you are selling. Instead, buyers will make an offer for the gift card you are selling.
If you like the offer, then you can let them buy the gift card. Just keep in mind that you won’t exactly know how much you will be getting until the site sees the offer. That being said, they say you can get up to 92% of the card value.
What’s great about this site is that you also have the option to exchange your gift cards for different ones that you can use. It offers multiple payout options like PayPal, crypto, and bank transfer.
Option 3 – GiftCash
GiftCash is a platform that directly buys gift cards from people. So, you don’t necessarily have to create a listing when selling your gift cards.
It’s a more convenient way to sell because you will see immediately how much you will earn for the gift card you are selling. That’s because it has a feature that lets you input the brand and value. Then, the site will give you a quote.
Just remember that GiftCash will buy your gift cards at a discounted rate, since that’s how they are able to earn money. In most cases, the discounted rate will be around 30% to 40% of the card value.
Option 4 – Gameflip
Gameflip is a popular site for gamers who want to sell gift cards online. It offers the simplest way to sell unwanted gift cards for cash. You can sell any unused, prepaid, and non-reloadable gift cards or membership cards. It’s a great option for those who have gift cards for Steam, PlayStation, Google Play, and more.
They also accept general gift cards for Amazon, Walmart, Target, and more. Just be aware that they charge an 8% commission fee, along with a 2% partner fee, and another 2% digital fee (if applicable). After you create a listing for your gift card, you just have to wait for someone to buy it.
Once it is sold, you can cash out via Payoneer or Skrill. You can also convert your earnings to Bitcoin.
Option 5 – Reddit
Yes, you can also sell your gift cards on Reddit. They have a whole subreddit called Gift Card Exchange where you can post the gift cards you want to sell or trade.
The big advantage of this option is that you won’t have to deal with a third party, which means you will keep all of the sales. Just be extra careful of scammers, because there are a lot of them. So, you must do your due diligence to ensure a successful sale or trade.
Tips for selling gift cards safely
When selling gift cards online, there are a few tips you can follow to get the most out of the gift cards you sell. These tips are especially helpful if you are selling on Peer-to-Peer platforms like Reddit. So, when selling gift cards:
- Always remember to check the buyer reviews, so you can ensure that the buyer is a legit person.
- Never send the card code first on sketchy platforms to ensure you won’t get scammed.
- Stick to trusted platforms for the best security.
Alternative to selling gift cards online
If you want to earn cash, it is easier to avoid choosing gift cards as a payout option so you can get the full value. Yes, sometimes, you might not have a choice because certain GPT sites only pay in gift cards, but believe it or not, there are ways to earn extra cash without having to sell gift cards online.
There are free earning platforms you can join, no matter where you live, that will pay you in cash or even crypto instead of gift cards. For example, you can check out the top sites that pay via PayPal. There are sites and apps on this list that are available worldwide.
You can also check out the best sites that pay in Bitcoin if you want to earn crypto instead.
Final Thoughts
Selling gift cards online can be a simple way to turn unused cards into real money, but it’s not always as straightforward as it seems.
Platforms like CardCash, GiftCash, and GCX make the process convenient, but each comes with its own pros and cons. You’ll usually get less than the full value of your card, and sometimes, payments can take a bit longer than expected. Still, it’s often better than letting your cards rot.
I will keep updating this guide if I find more ways to sell gift cards online, so make sure to bookmark this page and check on it from time to time for new opportunities.
If you have any comments, questions, or experience with how to sell gift cards online, I would love to hear from you in a comment below.