Many people receive a gift card for special events such as a birthday. If you have received one but have decided that you no longer need it there are many options to choose from. If you want to make some quick cash then you can sell it either to a gift card buyer such as EJ Gift Card, or you can swap for another voucher for a store that you prefer. Some people also like to donate their cards to charity.
Selling your gift card
One of the easiest ways to get quick cash for your gift card is to sell it. There are a few options available to you. If you don’t mind waiting for the money then you can sell it on an auction site such as Ebay, although you’ll most likely have to deal with a lot of low bids from buyers who are looking for a bargain.
A better way is to sell it to a gift card buying website. These types of website will give you a valuation of your card and then you will be given money if you choose to sell it. This method is much quicker than Ebay and much less hassle!
You could also sell your card on Craig’s List or other similar free local listing websites, however you will often need to meet buyers in person and there’s more chance that you could get scammed.
If you choose to use a local listing website then setup a separate email account just for this purpose and if possible use a phone number redirect service, so that you don’t get lots of calls after you have sold the item. There’s nothing more irritating than getting calls throughout the day for something you have already sold, especially if you’re busy!
Swapping your gift card
You may have decided that you still want a gift card, but you’d like it for another store as the one you have isn’t suitable. There are plenty of forums and websites available that allow you to list the card and it’s value, allowing other people to search.
Once the website finds a match you’ll get a notification and then you can arrange to swap the cards. This is quite a simple option, but be aware of fake cards and voucher codes that have already been used as there are a lot of online scams.
Donating to charity
If you’re feeling generous and you’ve decided that you don’t need the gift card then you can donate it to charity. The charity will sell the gift card on your behalf and collect the money. This can be a very easy way to donate and you’ll know that you will have helped a good cause.
Things to watch out for
If you’re selling or swapping your gift card then look out for scams. Unfortunately some cards on the market are fakes and should be validated before buying. The best way to do this is to call the retailer. Most retailers have a separate phone line for this service to make checking cards a simpler process.