Gift card scams are rampant these days. If you are in the business of buying and selling gift cards, you’d want to pay attention to the kind of website you choose to do your trades with.
Unfortunately, you may never know how legit a website is for selling gift cards online unless you give them a try. But you can risk that for all online platforms that come your way.
It is for this reason that I have created this extensive guide, not to show you illegal websites that scam people off gift card purchases, but to share with you some of the best legit websites where you can sell your gift cards online without any shred of fear for ripping or cheating.
7 Trustworthy Sites to Sell Gift Cards Online
When we talk about legit websites to trade gift cards online, the emphasis is on platforms that can be trusted in the area of legitimacy and reliability.
SnappyExchange is one of the leading online platforms that facilitates the online buying and selling of gift cards and cryptocurrencies. The platform has stood the test of time to prove that it will never be part of a scam.
It is very easy to spot a website that has obvious integrity to protect. This is why Snappyexchange can be trusted and they reciprocate this with always fund instantly.
If you are looking for a legit website where you can trade your gift cards, then look no further than SnappyExchange. Although, the platform is still a dealer in almost all e-currencies and Gift cards including perfect money, bitcoin, Ethereum, PayPal, Amazon Giftcard, Steem, Itunes, and so on.
Another pointer that confirms SnappyExchange to be a legit site for selling gift cards is that the company is duly registered with CAC which makes many of their customers trade with peace of mind, thereby eliminating the narrative of a scam zone.
As a plus, the website also has 24/7 support Either on the Website or Whatsapp that is handled by well-trained customer service who are ready to make you smile every time you deal with them.
SnappyExchange.com is a secure website that allows users to make safe transactions. Their customer service is excellent, and they offer various payment methods. Types of gift cards you can trade on the legit SnappyExchange.com include iTunes/apple gift card, Amazon gift card, steam gift card, google play card, Sephora gift card, Vanilla gift card, razer gold pin/rixty gift card, and target gift card.
Other examples of cards that you can securely trade on a snappy exchange with no problems include Visa gift card, American Express gift card, Nordstrom gift card, Xbox gift card, eBay gift card, GameStop gift card, CVS pharmacy gift card, Foot Locker gift card, Nike gift card, and even Macy’s gift card.
Another trustworthy website you can turn to that will reliably handle buying your gift card, and paying swiftly is Raise.
Particularly, it is a good option if you want to sell retail gift cards and the best part is that Amazon gift cards, particularly, are currently selling at a discount on the website, thereby allowing customers to earn a higher profit after sales.
Once you log on to the Raise official website, you just need to enter the gift card serial number to have it verified by Raise.
CardCash is similar to many other websites other there that offer to buy and sell solutions for gift cards. What sets the platform apart in terms of reliability and trustworthiness is the fact that it is a marketplace and welcomes owners of unwanted gift cards.
It allows them to trade or exchange it for cash or trade gift cards for other gift cards. Due to how legit it has been over time, it has positioned itself to be a lucrative option for selling gift cards as it is focused on increasing earnings and not just the exchange value alone.
4. Card Kangaroo
Card Kangaroo is another reliable platform for trading gift cards, particularly Amazon cards. What sets it apart is that once you sell, it requires you to mail your gift card to the processing center before the transaction is initiated for you to receive cash.
The downside of choosing the platform is the duration. Expect your gift card to get to Card Kangaroo within five working days. On top of that, you need to wait for another two days to be paid in Paypal. There is however the option to choose the heck mode of payment.
Despite these, it is one of the best and most legit marketplaces for selling gift cards.
Coinstar is another conventional way people sell their gift cards, especially when the emphasis is on guaranteed secured payment. Although many people often think that those Coinstar machines at local supermarkets and retail stores only accept spare change.
However, some of these machines also allow users to trade wanted gift cards for cash in a very reliable way. If you are using this option, you have to first find out that they can accept gift cards.
Selling Amazon gift cards through this network is super easy, there is a constant demand from the gift card buyers, allowing sellers to make sales of the voucher at the lowest trade fees and even incur profit from the transaction.
The network is safe and legit. The only issue is that some local Coinstar machines do not accept Amazon gift cards at some time. But the acceptance policy is usually adjusted seasonally and is determined by the supply of Amazon gift cards at that time.
I’d recommend cash rate as a legit and reliable platform for trading or selling gift cards, especially when you are big on multiple payment options. The website offers payment options ranging from PayPal to direct deposit, and even check.
While it is utilized by many gift card traders in Nigeria, Cashcrate also allows users to earn as high as 92% of the selling price on each gift card sold.
Another advantage this one has over most of the other platforms is that the codes are sent electronically, thereby eliminating the need to mail the card to the buyer before receiving payment.
7. Gift Card Granny
Lastly Gift Card Granny, is a recommended platform for legit trading of the gift card, particularly to greenhorns in the business. Why? The platform provides insight into the lowest prices from several online marketplaces.
This allows shoppers to quickly spot the best deal and on the other hand, creates incentives for buyers. There are even other avenues of getting cash aside from selling gift cards.
Some loyal customers at Gift Card Granny earn extra money by opening daily emails or referring friends to buy gift cards from the online platform.
What Gift Card Has The Highest Rate and Resale Value?
In recent times, there has been dramatic appreciation in the value of Gift cards in Nigeria. However, there are some gift cards with significantly higher resale value and rate.
As of the time of writing, the gift card with the highest rate and resale value in Nigeria is Visa Gift Card which tops at ₦40,000 with a $1 to ₦400 trading value. This is well above Amazon Gift Card with the rate of ₦42,000 at 1$ – ₦420 value.
What this means is that you can get more out of these cards beyond what the buyer intends to use the card for. Following the after-mentioned voucher cards in the other resale value are the MasterCard Gift Card at ₦39,000 and the American Express Gift Card at ₦40,000.
Of course, other gift cards such as Bestbuy, Nike Gift Card, eBay Gift Card, iTunes Gift Card, Google Play Gift Card, and even American Express Gift Card will have their respective rate and resale value which you should be abreast of before going into the aforementioned platforms to buy or sell.
There are other ways to sell gift cards apart from exchanging them for cash with friends and family. An example of the ways includes selling your gift card on gift card exchanges and getting paid instantly.
It is always a terrible experience when you send your cash/gift card to a merchant and get nothing in return. This happens when the seller does not deal with a legit website or platform.
Every year, data shows that millions of gift cards go unused and wasted due to these scams. If you have a gift card for sale, there are not too many best places to sell your gift cards get paid faster than before you pronounce Jack Robinson.
And I hope you’ve found this guide helpful in that regard. Then feel free to share with family and friends who require a trustworthy platform to trade their gift cards.