One of way of making money is by selling unused or partially used Amazon gift cards online and locally on various gift card exchange platforms. You are able to sell your gift card as long as the balance is accurate, but before selling your gift cards, you should consider how you want to receive your payment.
There are several ways via which you can receive your payment; such as through Instant PayPal payout or direct deposit, through paper checks or in the mail.
Some online banks such as Revolut, allow you top up your account using gift cards and this is also available in the USA.
You might be surprised to hear that unused gift cards with a total value of more than $1 billion go into waste every year. This is due to the fact that gift cards have become very popular especially during festive periods as it is used by many as a way to give presents to colleagues, friends and family. The average American has $116 in unused gift cards.
The most well known 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 Amazon Gift Card online instantly and below I will show you some of the best ways to sell Amazon gift card.
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What is an Amazon Gift Card?
Amazon Gift Card is prepaid Vouchers with Instant Discounts and Can be easily converted into Amazon Pay balance to shop over 10Cr+ Products.
Amazon.com Gift Cards never expire and carry no fees. Multiple gift card designs and denominations to choose from. Redeemable towards millions of items store-wide at Amazon.com or certain affiliated websites. Available for immediate delivery. Gift cards sent by email can be scheduled up to a year in advance.
Can I Turn My Amazon Gift Card into Cash?
Yes! you can convert your Amazon gift card into cash by selling it on any gift card exchange platform of your choice. If you want to sell your Amazon gift card for cash quickly, set the price between 2% and 15% of the original amount. But how quickly the gift card will sell depends on its popularity.
In order to get cash from your gift card, you will simply state the brand of your gift card, state the gift card balance, send the card details and then set your selling price.
ALSO READ: How To Sell My Gift Card On Paxful [3 Easy Steps].
Sell Amazon Gift Card Online Instantly
The are many ways via which you can sell your Amazon gift card for Cash and when done the right way, you can make a good amount of money out of this transaction. Below are companies and ways you can sell Amazon gift cards for cash.
CardCash
CardCash often gives up to 92% of the gift card's value in cash but the exact amount you will obtain depends on the brand of the card. The platform buys gift cards from a wide selection of retailers including Amazon.
Here, you can still choose to exchange your Amazon Gift Card for a different card. By doing this, you will retain most of the gift card's value, usually up to 14% more on your card.
BuyBackWorld
Another platform which lets you sell Amazon gift card instantly is BuyBackWorld. This platform buys unwanted gift cards and when 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 are able to sell Amazon gift cards online. One of the main set back of this platform is that at this time it only sends money from your sales to PayPal. Other available cards to buy on Ej Gift Cards include Target, Walmart, Starbucks, Nordstrom, Home Depot, Massage Envy, Victoria secret and Kohls.
Gift CardGranny
You are able to sell Amazon gift cards online instantly on the platform. In order to sell your gift card on GiftcardGrannycom, you will have to list your gift card for sale on eBay first. From there now, GiftCardGranny automatically finds your listed Amazon Gift Card on eBay and also list it on Gift Card Granny.
Below are the things you need to do in order to list your Amazon gift card on eBay:
- 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.
With Gift CardGranny, you have 3 options for payment methods including ACH, PayPal, AND Check.
Gift Card Outlets
Here comes another marketplace that allows you to buy and sell gift cards, gift vouchers, electronic and physical gift cards online from well known 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 of at least 6 months in future and you mention this when making offer.
As soon as you have successfully submitted your offer, Gift Card Outlets will respond within 2-3 business days with an acceptance, rejection or counteroffer notice to the email address provided in the offer form.
Once the marketplace receives all the requisite details and the gift card, they will try to process your payment at the earliest.
Payments are made through check within 10 working days and in case of bulk sellers, payments can be made via ACH. Sometimes, gift card outlets will have to withhold your payment in order to validate the card.
Generally, with Gift Card Outlets, you will obtain within 60%-90% of the value on the gift card. As soon as your gift card is accepted, you will know exactly how much payment you will be waiting for.
ALSO READ: How to Sell Gift Cards Online For Instant Cash (10 Best Sites)
Sell on eBay
Selling your gift card on eBay gives you the potential to sell it at a higher value. This gives you an opportunity to recoup your eBay's seller fees (usually 10% of the sale price plus shipping fees). In order to remain safe, do not email the gift card number to a buyer.
Cardswap.ca
This platform is well known among sellers looking forward to offload their unused gift cards across the U.S and Canada. In order to sell your gift card, you will have to share the card's information with the site which will in turn list it on their website for sale. The accepted payment methods are PayPal credit or Paper checks.
Giftcardio.com
Giftcardio most at times searches the web for the best websites on which you can list your Amazon Gift cards for sale. This platform shows you the percentage of the card value at which an Amazon card sells.
In order to sell your Amazon card on GiftCardio, you will first need to enter your gift card details online to obtain the price estimates for your card.
Next, you have to choose the price you want to sell your Amazon gift card for from the options provided. Most at times, you will 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.
Gameflip.com
With Gameflip, you can sell Amazon gift cards and e-gift cards on its online marketplace. All you have to do is list it for sale and wait for an offer (listing is free). As soon as your card is sold, Gameflip will take a small fee from you and the remaining cash will be deposited into your Gameflip wallet.
From here now, you can request payout through direct deposit or PayPal.
Sell Amazon Gift Card for Bitcoin
You are able to exchange your Amazon Gift Card for cryptocurrencies on an online exchange platform.
There are several platforms which you can use to buy bitcoin with Amazon Gift card. Such platforms include Paxful and Coincola.
In order to exchange your Amazon Gift card for cryptocurrencies such as Bitcoin, you have to enter the balance of your Amazon Gift Card and the exchange platform will instantly quote the exchange rate for Bitcoin or other digital wallet. If the quote is ok by you, your Amazon Gift card will be sold instantly.
For those that are used to browsing on Facebook, you might have come across some Facebook groups where you can list your gift card for buying or selling. Listing your Amazon gift card for sale on any of these groups can be a great an easy way for you to find a buyer.
Or, you can bring up a post that says you are selling Amazon gift cards at a certain price and then you share it among your friends and family, then you wait for a buyer to text you.
When selling your gift card on Facebook, you have to be very careful since Facebook is home to many scammers and you do not have any guarantee when making business on Facebook. It is better you accept offers from people you know well.
Craiglist
You can also sell your unused Amazon Gift card on Craiglist. You will need to first of all list it on Craiglist and once you find a potential buyer, verify your card balance in the buyer's presence using your phone.
Final Thoughts on How to Sell Amazon Gift Cards Instantly
Given the fact that gift card are hot commodities, they are mostly associated with fraud. For this reason, it is vital that you choose to deal with a reputable gift card exchange platform which has been around for a long time now.
One of way of making money is by selling unused or partially used Amazon gift cards online and locally on various gift card exchange platforms. You are able to sell your gift card as long as the balance is accurate, but before selling your gift cards, you should consider how you want to receive your payment.
Above are various sites through which you can sell Amazon Gift card For Cash. So it is left over for you to choose the one that suits you best based on their features and their rates.
Frequently Asked Questions
Can I convert Amazon gift card to cash?
You can always convert your Amazon gift card to cash using Quchange and many other gift card exchange platform! Download the Quchange app on App Store or Google Play and install it. Then, sign up for an account and start trading gift cards for cash right away. Simply list your card for sale and wait for it to be seen by hundreds of interested buyers
Which is the best place to sell Amazon gift card?
Gameflip is the safest way to sell Amazon gift cards for cash. Gameflip is the simplest way to sell unwanted Amazon gift cards for cash.
How can I get cash for gift cards immediately?
Raise offers two payout methods: ACH direct deposit and PayPal. Other sites, like CardCash, will remove the hassle of selling the card yourself
Can I transfer my Amazon gift card to my bank?
Amazon allows users to transfer money from their Pay wallet to their bank account. Users will also be able to redeem the money received through an Amazon gift card and transfer the same to their bank account