Where To Sell Gift Cards You Don’t Want and Make the Most Money: 5 Places

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Have gift cards you’ll never use? Don’t let them go to waste. You can trade in gift cards for fast cash or store credit at real, legitimate websites. Whether it’s a retail store gift card or a restaurant, here’s where you can sell gift cards and how much you can get.

Best Sites To Sell Gift Cards Online

You can buy gift cards, exchange gift cards or sell your gift cards online instantly and easily if you just know where to look. Each of the options has its own process for selling your cards for instant cash. 

Take a look at the different fees and payment options to decide which is best for you. Here are the five best places to sell your gift cards and how much you can get.

1. CardCash
2. Raise
3. GiftCash
4. Prepaid2Cash
5. ClipKard

How Each Gift Card Site Works

CardCash

How To Sell on Card Cash

CardCash makes getting a quote easy. Select the store or restaurant and then provide the value of the gift card. CardCash gives you an immediate quote. If you’re happy with the offer, follow the steps to complete your sale.

You’ll have to provide a valid credit card to sell. CardCash will issue a $1 charge to your card to ensure it’s active, but the pending transaction will clear within a couple of business days.

CardCash Fees and Payouts

• You can receive up to 92% of your card’s value.
• Payments are issued in one to two business days.
• The company doesn’t accept gift cards with expiration dates.
• In some cases, you have to mail in a physical gift card.
• Payment options: Check by mail, ACH transfer, PayPal, trade for another gift card brand
• Best for: Bulk selling

Raise

How To Sell on Raise

Raise works a little differently. You list your own gift cards for sale on its website and get paid once the gift cards sell. Select the brand of your card and input its value, and then set your asking price. Once the card sells, Raise helps facilitate the transaction.

Raise Fees and Payouts

• 15% commission from the selling price
• The greater of $2.75 or 1% of a card’s value for physical gift cards that need to be mailed
• Payment options: Check, ACH transfer, PayPal
• Best for: Control over sale price

GiftCash

How To Sell on GiftCash

While GiftCash accepts gift cards from a smaller number of merchants, its payout is up to 93% of the value of your card. Sell gift cards with balances ranging from $25 to $2,500. More popular store brands receive higher payouts. Once you sell your card to GiftCash, you’ll receive a PayPal payment within 48 hours.

If you plan to sell more than $2,000 worth of gift cards in a month, contact the company about selling cards in bulk versus one at a time.

GiftCash Fees and Payouts

• Up to 93% of your gift card’s value
• Payment is submitted through Paypal within 48 hours
• You can sell gift cards in bulk by contacting GiftCash.

Prepaid2Cash

How To Sell on Prepaid2Cash

This service is designed for selling prepaid gift cards that have Visa, Mastercard or American Express logos. It also accepts store and restaurant cards for more than 100 brands. You have to download the app and create an account to sell your card.

Choose between an instant payment or a next business day payment.

Prepaid2Cash Fees and Payouts

• Instant payments: 15% processing fee, plus $1.50 delivery fee
• Next business day payments: 7.5% processing fee, plus a $1.50 delivery fee
• Payout options: ACH or debit card deposit
• Best for: Fast cash with instant transfer

ClipKard

How To Sell on ClipKard

ClipKard accepts gift cards from several retailers and restaurants. Once you enter the information of the gift card you are trying to sell, ClipKard will estimate what money you will get for it. If you’re happy with the offer, simply follow the prompts to complete the sale.

1. Add card
2. Get offer
3. Mail gift card
4. Receive payment
5. Get rewards

Say you’re trying to sell a $20 Target gift card, for example:

• A $20 Target gift card is a $13.86 payout.
• You would be eligible for 14 reward points

If you are satisfied with receiving $13.86 for your $20 gift card, you would then just accept and mail it in to get your payment.

ClipKard stands out for its rewards system — each purchase or sale you make earns you a point for every dollar, and once you have 1,000 points, you can use them for $10 off a purchase.

ClipKard Fees and Payouts

• You will earn one reward point for every dollar.
• You can redeem 1,000 points for $10.
• Best for: Rewards

How To Sell Gift Cards for Cash: Step-by-Step

Want to get the most out of your unused gift cards? Here are a few smart tips that can help get the best possible payout:

1. Choose a site based on fees and payout. Choose the site that will complete your transaction quickly or has the lowest possible fees.
2. Enter your card info and balance.
3. Compare offers or list it, depending on the platform.
4. Select your payout method. Some sites might pay more and may offer quicker payouts, depending on whether you choose PayPal, ACH transfer or if you’ve opted for a physical check.
5. Send in your card if it’s a physical gift card.
6. Receive your payment.

Tips To Maximize Your Gift Card’s Value

The whole point of selling your gift cards is to make some money. To make this process quick and painless, you’ll have an option on how you’d like to receive payment, depending on the platform.

You could choose a payment app, but be aware that there may be transaction fees. If you’re not in a hurry, you could also opt for a physical check, as that is as good as gold, or cash in this case.

Selling your popular gift cards isn’t going to net you their full value. Here are some tips to get the most out of them, so that you know an offer is fair:

• Read all of the fine print before agreeing to any transaction.
• Know what you are agreeing to.
• Understand what your responsibilities are for completing the transaction.

Finally, it’s good to shop around to see if other companies are offering more for your gift card. Most will let you know what they will offer, so you can have a good sense of how much value your gift card has.

Final Take: Selling Gift Cards for Cash 

When it comes to buying or selling gift cards, it’s good to know you have options. If you have a stack of unused gift cards, you’re missing out.

Don’t sleep on opportunities to make some money back or at least buy something you truly want. Turn those unused gift cards into cash with one of these companies — and get more value from every card.

Caitlyn Moorhead contributed to the reporting for this article.

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