Depending on the card and the site you can get back as much as 92 of the face value. However you could also sell what you buy on craigslist or on a buy sell trade facebook group page.
You ll be using one or both of these websites to sell what you buy with your new discounted gift card s.
How to make money buying gift cards. How it works unwanted gift cards can be sold for a percentage of their value usually 70 90 percent. Buy a target discounted gift card online from cardcash then go target to buy amazon gift cards. If you still can t find an appealing place to shop you can always sell your gift card to a gift card exchange.
If you have gift cards sitting unused at home you can actually turn them into cash by selling them on the secondary market. If you have gift cards sitting unused at home you can actually turn them into cash by selling them on the secondary market. Sellers can typically expect to make about 70 to 80 cents back on the value of their cards.
Below is the most updated list of confirmed success stories of using store s gift card to buy another retailer s gift card. This technique is called arbitrage. How do businesses make money on gift cards.
This benefits both the gift card reseller site and the seller. I suggest going. First an ebay buyer isn t likely to buy your gift card for more than 80 to 90 of its value.
However due to certain store policy or the cashier not knowing your mileage may vary ymmv. We are one of many sites who buy gift cards. For a 100 gift card you can count on a loss of between 10 and 20.
Ebay has always been a popular place for buying and selling things online but it might be the worst way to sell gift cards. The seller you get to trade in your unwanted card for a card you do want with the cost being sacrificing a small amount of the value to the reseller site.