If you find yourself with unwanted gift cards after the holidays, you might wonder what to do with them. Regifting them is an option, but sometimes it can be challenging to find someone who wants the specific gift card you have. Cash, on the other hand, is always a desirable alternative to a gift card. Luckily, there are several methods you can explore to transform your gift card into cash, making it a more versatile and valuable asset.
One way to turn your unwanted gift cards into cash is by selling them. One such platform to do just that is CardCash. This platform allows you to exchange your gift card for cash, providing a convenient way to access the funds tied up in the card. This method can be particularly useful if you’re looking for quick cash without the need to wait for potential buyers.
In this article, we will take you on a journey of what CardCash entails and how to sell your Gift cards on their platform.
What is CardCash?
CardCash offers the opportunity to sell your gift cards for less than their face value. By doing so, you can recoup some of the card’s value and turn it into cash that you can use as you, please.
Additionally, CardCash enables you to use your gift card to gain points or rewards, ultimately saving you money in the long run. For instance, you get the option to choose from a selection of gift cards or cash when trading in your unwanted gift cards. This flexibility allows you to opt for the option that best suits your needs and preferences.
When it comes to CardCash, it’s essential to understand how the platform operates. As a gift card exchange, CardCash purchases unwanted gift cards at a discounted rate, offering sellers an opportunity to recover some of the card’s value.
Simultaneously, CardCash sells discounted gift cards to buyers, providing a way for savvy shoppers to save money on their purchases. It’s worth considering whether the discount offered by CardCash outweighs the potential bonus points or miles you might earn from purchasing gift cards elsewhere.
Read Also: Types of Gift Cards in Israel
How to Sell Gift Cards through CardCash
To sell your gift cards on Cashcard, there are a few steps you need to take and know before the selling process, which is:
1. Assess Your Gift Card’s Value
The first step to take before delving into the world of gift card selling on CardCash, it’s crucial to ascertain the worth of your gift cards. Several factors come into play when determining the resale value of your cards. The brand, denomination, and demand for the particular gift card all play a role in influencing the potential selling price and granting you a reasonable discount. For example, a Card you bought at a value of $100 can be sold for $92 if it’s a good brand.
2. Accepted Gift Card Brands
CardCash welcomes a wide range of popular gift card brands, ensuring that sellers can find suitable options to list on the platform. From major retailers to specialized and niche gift cards, the platform accommodates a diverse selection of options.
3. Create a CardCash Account
Getting started on CardCash is easy. Simply sign up as a seller and create an account on the platform. The registration process is user-friendly and requires basic information to complete. After successful registration, you can begin your gift card selling journey on CardCash.
The Selling Process
Selling your gift cards with CardCash is designed to be a seamless and secure process. All you need to do is provide the brand name of your gift card, its current balance, and other necessary details to receive an offer. Whether you have physical or electronic gift cards, CardCash caters to both options, making it convenient for sellers.
To get started, simply head to CardCash’s selling page with your unwanted gift card in hand. Input the type of gift card you wish to sell and its current balance. With just a click on “Get offer,” you’ll swiftly see a cash offer for your gift card, along with enticing offers for gift cards from other retailers, should you prefer to trade it in.
Rest assured, CardCash processes payments promptly within two business days of receiving your gift cards. When selling through CardCash, you can obtain up to 92% of your gift card’s total value, without any hassle or extra fees. It’s a straightforward and fair process to ensure you receive the best value for your unwanted or unused gift cards.
Alternatively, if you’re not looking for cash, CardCash also offers the option to trade your gift cards for brand-new ones from a wide range of available brands. It’s an excellent opportunity to explore exciting gift card options and discover new retail experiences.
It’s worth noting that the offers you receive may vary depending on the type of gift card you’re trading. CardCash ensures that the offers are based on market supply and demand, providing you with competitive deals that reflect the current gift card landscape.
Once you’ve made your decision, you can opt for various payment methods if you choose cash. You can receive a check in the mail, an ACH deposit, or use Paypal for added convenience. On the other hand, if you prefer to explore new gifting opportunities, you can easily swap your gift card for a brand-new one from the available brands.
As with any dynamic marketplace, the availability and value of offers for specific gift card types can change over time. Thus, it’s advisable to seize opportunities when they arise to maximize your returns.
Bulk Sale Program
As much as CardCash deals with individual traders and sellers, they also have a dedicated program for businesses and bulk sellers as their premier membership. The benefits of their bulk sale program are much more enticing than the individual platform.
Businesses with unwanted gift cards can also trade their bulk cards via the CardCash platform. With their partnership and guidance, CardCash has created a marketplace connecting buyback businesses with bulk sellers for lasting gift card buybacks.
Premier sellers have unlimited earning potential. They can earn between $2,000 and $10,000 a month. They also have access to better rates than the standard rates and access to brands that retail members may not.
The selling process of Premier Sellers is a similar process to the standard as stated above, all that is needed for the business is to enter the gift cards into the CardCash system, they receive, process, and verify the cards, and the necessary payment is issued as at when due. It is a seamless process that integrates a business to make bulk sales. It’s that simple.
Extra Tips to a Successful Trade on CardCash
1. Monitor Your Transactions
Once your gift cards are listed on CardCash it’s essential to keep a close eye on your transactions. Regularly monitoring your sales and interactions on the platform ensures you stay informed about your performance as a seller.
2. Maintain Accurate Records
Accurate record-keeping is vital for managing your gift card sales efficiently. Keep a detailed record of each transaction, including the gift card brand, value, and offer, as the information will be valuable for accounting purposes and for evaluating your overall selling strategy.
3. Track Sales Performance
By tracking your sales performance, you can identify trends and patterns that can guide your future selling decisions. Analyze which gift card brands or denominations sell more frequently and adjust your listings accordingly. Monitoring your sales also helps you understand seasonal fluctuations, enabling you to time your listings for maximum impact.
4. Security and Trustworthiness
Selling gift cards on CardCash provides a secure and trustworthy experience for you. The platform employs robust security measures to protect against fraud and unauthorized access. As a seller, you can have peace of mind knowing that your transactions are protected.
5. Terms and Conditions
Familiarize yourself with CardCash’s privacy policies, as this can help provide you with insights into how your information is used and protected on the platform.
You should review and comprehend CardCash’s terms and conditions to ensure compliance and a smooth selling experience. Adhering to CardCash’s rules and guidelines can prevent potential issues and ensure sellers operate within the platform’s guidelines.
With the awareness that CardCash offers an avenue to turn unwanted gift cards into cash or trade them for other options. It is also advisable to consider the pros and cons associated with it. While CardCash may seem like an attractive solution, it’s essential for you as a seller to be aware of the potential drawbacks that come with using the platform.
Drawbacks of Selling Gift Cards on CardCash
1. Potential Loss of Card Value
To attract buyers, sellers on CardCash often list their gift cards at discounted rates. While this may lead to faster transactions, it also means sellers receive less than the face value of their gift cards. As a result, sellers need to strike a balance between maximizing profitability and achieving a speedy sale.
Sellers must carefully consider their selling strategy to avoid substantial losses on their gift card sales. While selling at a higher discount may lead to quicker transactions, it might not be the most profitable approach. Balancing the desire for a swift sale with maximizing returns requires thoughtful consideration.
2. Card Verification Process
CardCash implements a card verification process to ensure the legitimacy of the gift cards listed on the platform. While this measure is intended to maintain a safe selling environment, it may present an additional step for sellers, potentially delaying the listing of their gift cards.
3. Time Taken to Complete Transactions
While CardCash aims to process transactions efficiently, sellers should consider the time required for the entire selling process. From listing a gift card to receiving payment, various factors can influence the overall time frame.
To fully capitalize on the potential of gift card selling, explore various gift card selling options beyond CardCash. Consider listing your gift cards on multiple reputable platforms to reach a broader audience of potential buyers. Additionally, take advantage of social media and online forums to promote your gift card listings.
However, if you prefer to explore other options, you can always investigate gift card exchange sites and platforms. Many online marketplaces cater to buying and selling gift cards, each with its unique features and benefits. It’s worth taking some time to research the different platforms to find one that aligns with your preferences and offers the best value for your gift cards.
An Alternative Platform to Sell Gift Cards
One cool alternative platform that comes highly recommended is SnappyExchange. With its volatility, flexibility, and wide range of offers, you can have that desired selling experience.
What is SnappyExchange?
SnappyExchange is a trustworthy platform that deals with both Gift Cards and Cryptocurrency exchange. It’s an innovative website and app that provides a simple and convenient way for people to sell their gift cards for cash or Cryptocurrency. It offers a secure and reliable platform for buying and selling digital goods, including gift cards. You should explore the SnappyExchange platform to discover the magical feel of trading seamlessly.
How to Sell Gift Cards on SnappyExchange
- To sell gift cards on SnappyExchange, you can either visit our website or download the SnappyExchange App and create an account. Once you’re signed in, click on ‘SELL GIFT CARDS’.
- On the gift card section, you’ll find a variety of gift cards available (such as Visa cards, Steam gift cards, Amazon gift cards, and more). Select the specific gift card option from the list.
- Click on ‘SELECT COUNTRY’ to indicate the country the gift card is from (e.g., USA, CAN, AUS).
- Next, choose the ‘CARD TYPE’–whether it’s a physical card or an e-code.
- Enter the value or amount you want to sell, starting from US$20 and above (you’ll receive the Naira equivalent of the amount you want to sell).
- Click on Submit, and you’ll be provided with a box to upload an image of the card.
- Once you’ve uploaded and submitted your card, your cash will be credited to your SnappyExchange wallet within 2-10 minutes, and you can withdraw it to your bank account.
1. Enticing Rates
Discover the extraordinary rates you won’t find anywhere else on SnappyExchange. We offer purchases at highly competitive prices that will leave you craving for more.
2. Fast Payment System
Experience a payment system that is designed to be swift and efficient. We understand the importance of quick delivery and rapid access to funds. Our orders are processed promptly and conveniently, ensuring you receive your payment in no time. When it comes to trading your gift card for Naira and receiving instant payment, we’re second to none.
3. Customer Satisfaction
At SnappyExchange, we prioritize customer satisfaction and the timely completion of transactions. Our dedicated system is built to ensure your needs are met with utmost care. Should any issues arise, our 24/7 real-time customer support team is readily available to assist you.
4. Scam Proof
Unlike other exchanges that operate without proper registration, Snappy Exchange is fully registered with the Government and boasts a physical address. We guarantee the safety of your trades and are always accessible to address any transaction disputes that may arise.
5. A Wide Array of Gift Card Options
Our platform offers an extensive selection of gift cards for trading. Regardless of the type of Gift Card you possess, you can sell a wide range of options. It’s time to start exploring our platform and discover the possibilities.
6. Promo Codes & Trading Bonuses
But wait, there’s more! We also provide trading bonuses and exciting gifts through our exclusive promo codes. To stay up to date with the latest offers, be sure to follow us on Instagram.
When you receive gift cards that don’t quite align with your preferences, there’s no need to worry. Instead of leaving them unused or attempting to re-gift them, consider converting them into cash. Whether you choose to sell them outright, trade them in for cash, or explore the rewards options like those provided by CardCash, you can make the most of your gift cards and gain financial flexibility. By opting for a cash alternative, you’ll be able to use the funds as you see fit, providing you with the freedom to make purchases or invest in experiences that truly matter to you.
Remember, each platform operates differently, so it’s crucial to research and compare options to find the one that best suits your needs. The gift card resale market offers a plethora of opportunities to unlock the value of your gift cards, and with a bit of savvy navigating, you can maximize their potential. Embrace the chance to turn your unwanted gift cards into cash, and you’ll find out that you are left with not just thoughtful presents but also newfound financial freedom.