How to Sell a Gift Card: A Quick Guide

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Have you ever gotten a gift card and thought you’d never use it? What did you end up doing with it?

Did you throw it away? Or did you give it to a friend to use it?

If you did, you probably thought about how much of a waste that was. You basically gave away free money (or threw away free money!).

After reading this article, you’ll realize that you don’t need to ever do that again!

Instead, you can sell a gift card and get cash in exchange for it. Keep reading if you want to learn how to make cash from gift card sales.

Use an Exchange Kiosk

One option you can use for selling a gift card is using a Bitcoin ATM exchange kiosk right here. You can sign up at a ByteFederal ATM in order to sell your gift card this way.

Use a Program to Sell a Gift Card

There are also a lot of programs you can use to sell a gift card, like a resellers program. They will buy your gift cards from you for cash. There are also a few programs that will give you payment through a check or PayPal.

One popular program that people use is called Raise. It’s important to note that if you choose to go through one of these programs, they will most likely take a portion of what your card sells for. For Raise, in particular, they take a 15% fee out of your payment.

However, these programs usually have limits for how much they will buy off of you per week. Some also require a credit card on file in order to pay you. If you are not comfortable with this, there are still other options.

Sell a Gift Card on Facebook Marketplace 

Another way you can sell a gift card is on Facebook Marketplace. With Facebook Marketplace up and coming as a great place to sell goods and services or even items from your business, it is a great location to sell gift cards as well.

Make sure you label it as a gift card. It may be beneficial to offer a lower price than what the actual card is for, that way people will want to buy it.

Similar to Facebook Marketplace, you can try to sell it on eBay or Craiglist yourself. This ensures that you know exactly who you are selling it to and how you are getting it to them. This could also avoid any potential scams or fraud that you could encounter.

Use These Gift Card Selling Tips

Instead of wasting any gift cards that you have that you aren’t using, you now know how to sell a gift card! Imagine how much money you could make by selling all of the unwanted gift cards that you received over the years.

Did you enjoy learning about how to sell a gift card?

Check out more inspiring articles on our blog!

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