Selling unused or partially used Amazon gift cards online and locally is one way to make money. You can sell your gift card as long as the balance is accurate. However, before you sell your gift cards, you should consider how you want to receive your payment. You can receive your payment through instant PayPal payout or direct deposit, through paper checks, or in the mail.
Did you know?
- Some online bank accounts allow you to top-up your account with gift cards. Examples of banks where you can transfer money from gift card to bank account include the new online bank Revolut that is also available in the USA. The account is for free and also comes with premium features.
- Unused gift cards with a total value of over $1 billion go into waste every year. This is because gift cards have become very popular, especially during festivities as a way to give presents to employees, colleagues, friends and family. The average American has $116 in unused gift cards.
- Most popular categories of gift cards are restaurants, department Stores, prepaid cards (Visa/Master Card/American Express/Discover Gift Card), online stores such as Amazon gift cards, coffee shops and entertainment.
There are many ways to sell your Amazon gift card including the following:
Can I Turn My Amazon Gift Card into Cash?
Yes. You can sell Amazon gift card for cash. If you want to sell Amazon gift cards for cash quickly, set the price between 2% and 15% off the original amount. However, how quickly the gift cards will sell depends on their popularity. To get cash from a gift card, you will simply state the brand of your gift card, state the gift card balance, send the card details (card number and pin), and set your selling price.
Where Can I Sell my Amazon Gift Cards for Cash?
There are several ways best ways to sell your Amazon gift card for cash. If you do it the right way, you can make good money out of these transactions. The following are companies and ways you can sell Amazon gift cards for cash:
CardCash usually gives up to 92% of the gift card’s value in cash but the exact amount you get back depends on the brand of the card. The platform buys gift cards from a wide selection of retailers including Amazon. With CardCash, you can also decide to exchange your Amazon Gift Card for a different card. Doing this usually makes you retain more of the gift card’s value (usually up to 14% more on your card profitability).
You can sell Amazon gift card instantly on BuyBackWorld. BuyBackWorld buys unwanted gift cards. If you enter your gift card balance, you receive an instant price quote. BuyBackWorld supports several payment methods including PayPal, Check, Direct deposit, Prepaid debit card, and Store credit.
EJ Gift Cards
Ej Gift Cards is a marketplace where individuals can sell Amazon gift cards online. One of the disadvantages of EJ Gift Cards is that at this time it only send money from your sells to PayPal. Other available cards to buy on EJ Gift Cards include Target, Walmart, Starbucks, Nordstrom, Home Depot, Massage Envy, Victoria Secret and Kohls.
You can sell Amazon gift cards online instantly on the platform. To sell your Amazon gift card on GiftCardGranny.com, you will be required to list your gift card for sale on eBay first. Then, Gift Card Granny will automatically find your listed Amazon Gift Card on eBay and list it on Gift Card Granny. To list your Amazon Gift Card on eBay, you will be required to do the following:
- Create a proper title
- Create a listing that is less than 10 days old
- Make the “buy it now” price less than the face value of the gift card
GiftCardGranny offers three payment methods including ACH, PayPal, and Check.
Gift Card Outlets
Gift Card Outlets is a marketplace that allows you to buy or sell gift cards, gift vouchers, electronic and physical gift cards online from popular brands in the USA including Amazon. You can even sell Amazon gift card with expiration date as long as the gift card has an expiration date at least 6 months in future and you mention this when making an offer.
Once you successfully submit your offer, Gift Card Outlets will respond within 2-3 business day with an acceptance, rejection or counteroffer notice to the email address provided in the offer form. The marketplace tries to verify and process your payment at the earliest after receiving all the requisite details and the gift card. Payments are made via check within 10 working days. In case of bulk sellers, payments can be made via ACH. At times, Gift Card Outlets may have to withhold your payment in order to validate the card.
Generally, the marketplace pays between 60%-90% of the value on the gift card. Once your gift card is accepted, you will know exactly how much payment to expect for your gift card.
Sell on eBay
When you sell your Amazon gift card on eBay, you have the potential to sell it at a higher value than your cards actual value. This gives you an opportunity to recoup your eBay’s seller fees (usually 10% of the sale price plus shipping fees). To remain safe, do not email the gift card number to a buyer.
Gift Cardio usually searches the web for best websites on which you can list your Amazon Gift Cards for sale. It shows you the percentage of the card value at which an Amazon Card sells. To sell your Amazon Gift Card on GiftCardio, you will first need to enter your gift card details online to get the price estimates for your card. Next, you choose the price you want to sell your Amazon Gift Card for from the options provided. Usually, you’ll sell your gift card on Giftcardio for approximately 94.3% of its value. Giftcardio.com payment options include a paper check mailed to you or PayPal.
Cardswap.ca is popular among sellers looking to offload their unused Amazon Gift Cards across the U.S and Canada. To sell your gift card, you will need to share the card’s information with the site which will in turn list it on their website for sale. The accepted payment options are PayPal credit or paper checks.
Gameflip allows you to sell Amazon Gift Cards and e-gift cards on its online marketplace. All you need to do is list it for sale and wait for an offer (listing is free). When your card is sold, Gameflip will take a small fee from you and the remaining cash will be deposited to your Gameflip wallet. After, you can request payout via direct deposit or PayPal.
Sell for PayPal Balance
You can sell Amazon gift cards for PayPal instantly using platforms such as Gift Card Granny, CardCash and Cash4GiftCardsAmerica. Selling Amazon gift cards for PayPal balance usually takes one business day. It is possible to sell as many gift cards as you want at once.
Exchange it for Cryptocurrency (Sell Amazon Gift card for Bitcoin)
You can exchange your Amazon Gift Card for cryptocurrencies on an online exchange platform. Platforms you can use to buy Bitcoin with Amazon Gift Card include CoinCola. To exchange your Amazon Gift Card for cryptocurrencies such as Bitcoin, you enter the balance of your Amazon Gift Card and the exchange platform will instantly quote the exchange rate for Bitcoin or other digital wallets such as Skrill and PayPal. If you accept the quote, your Amazon Gift Card will be sold instantly.
There are many buy and sell groups on Facebook and listing your Amazon gift card for sale on any of these groups can be a great way to find a buyer. Alternatively, you can put out a post saying you are selling Amazon gift cards at a certain price and share it among friends and family.
Sell on Reddit
To sell your Amazon Gift Card on Reddit, you can post that you have the card and its current balance. Then, state what you are willing to trade it for. Alternatively, you will see others requesting an Amazon card and you will also see how much they are willing to pay. It is free to sell Amazon Gift Cards on Reddit but you will need to follow Reddit’s Community guidelines. Reddit’s payment options include cryptocurrency, Cash (Cash App, Venmo, PayPal), and Gift cards.
You can also sell your unused Amazon Gift Card on Craiglist. First, list it on Craiglist and once you find a potential buyer, verify your card balance in the buyer’s presence. You can even verify your card’s balance using your smartphone.
Gift Card Bank is a philanthropic initiative started by a team of Stanford students and social entrepreneurs in response to the COVID-19 crisis. The charity collects donations of gift cards for essentials like groceries and clothing, and match them to people who are on the brink of financial duress.
Final Thoughts on How to Sell Amazon Gift Cards Instantly
Since gift cards are hot commodities, they are mostly associated with fraud. As such, it is important that you choose to deal with a reputable gift card exchange. That has been around for a while. Also, a good gift card exchange offers a money-back guarantee.