How to Sell Your Unused Gift Cards for Extra Cash

Let’s be honest, we’ve all been there. You receive a gift card – maybe for a store you don’t frequent, or perhaps you just didn't need it. It sits there, unused, slowly gathering dust. But what if you could actually make some money from it? Turns out, there are plenty of ways to sell your unused gift cards and put that cash to good use.

March 10th, 2022 – It's a great time to start thinking about this!

Why Sell Gift Cards?

It’s a simple way to declutter and earn a little extra cash. Even a small amount adds up over time. Plus, who knows – someone else might really want that gift card!

Here’s a breakdown of the best methods:

1. Online Marketplaces - Quick and Easy

Raise: This is arguably the easiest option. Raise allows you to instantly sell your gift cards for a price slightly lower than the face value. They handle the entire transaction process, making it super convenient. https://www.raise.com/
Gift Card Granny: Similar to Raise, Gift Card Granny offers instant payouts. They often have competitive rates. https://www.giftcardgranny.com/
CardCash: CardCash buys gift cards and then resells them. You’ll get a slightly higher payout than Raise or Gift Card Granny, but the process takes a little longer. https://www.cardcash.com/

2. Local Options - Potentially Higher Returns

Local Pawn Shops: Pawn shops will often buy gift cards, but you'll generally receive a lower price than you'd get through an online marketplace. It’s worth checking to see what they’re offering.
Facebook Marketplace/Local Buy and Sell Groups: You can list your gift cards on local Facebook groups or online buy and sell platforms. This can lead to a better deal if you find someone in your area who’s interested.

3. Selling to Friends and Family

Don't overlook the simplest solution! Ask around. You might have a friend or family member who’d love to receive a gift card to their favorite store.

Tips for Getting the Best Price:

Check the Balance: Ensure the gift card has a full balance.
Research Prices: Before selling, check the current market value of the card.
Be Realistic: Don’t expect to get the full face value, especially for less popular stores.
Verify the Card: Make sure the card is valid and hasn’t been used.

Which Option is Right for You?

For speed and convenience: Raise or Gift Card Granny are your best bets.
For potentially higher payouts: Consider CardCash or selling locally.

So, go ahead and tackle that stack of gift cards. You might be surprised at how much money you can make!