Make More

Where to Sell Gift Cards for Quick Cash Today

Have an unused gift card collecting dust in a drawer? You can sell it to one of these sites for a fast payout.
Updated: September 11, 2024
Published: September 11, 2024

Raise your hand if you’ve ever received a gift card and instantly relegated it to a drawer or pocket, never to see the light of day. Is your hand up? You’re not alone: A Bankrate survey found that nearly half of Americans (47%) are sitting on an unused gift card with an average value of $187 per person. There’s a lot of potential there for some extra cash in hand, which means that knowing where to sell gift cards could be your ticket to making $100 in a day.

Fortunately, there are several reputable platforms where you can sell gift cards for cash quickly and conveniently: GameFlip, CardCash, Raise, and GiftCash.

Where to Sell Gift Cards for Quick Cash Today

  1. GameFlip
  2. CardCash
  3. Raise
  4. GiftCash

1. GameFlip

If you’re a gamer and have some spare gift cards related to gaming, you can list them on GameFlip’s online marketplace. GameFlip specializes in digital goods, including gift cards for platforms like Steam, Xbox, PlayStation, and more. That said, you can also find non-gaming-specific gift cards for outlets like Starbucks, Amazon, Walmart, and Netflix, among others.

Selling your gift cards on GameFlip is straightforward: create an account, list your gift card, set your price, and wait for a buyer. The company suggests setting a price between 2% and 15% off the original amount of the card. There are no listing fees or membership fees, though GameFlip does take a fee when your card sells.

  • Commission: 8% plus 2% partner fee; additional 2% digital fee if applicable
  • Card balance requirements: Not listed
  • Cash-out options: Payoneer, Routable, Skrill, or directly into a Bitcoin wallet

2. CardCash

CardCash is a well-established marketplace for selling unwanted gift cards. The platform accepts a wide range of gift cards, including those for popular retailers, restaurants, and more. (As of this writing, there were over 480 brands listed listed under the “Buy Gift Cards” tab.)

To sell a gift card, you’ll need to enter your gift card details, get an instant offer, and choose your payment method. CardCash notes it will pay you up to 92% of the card value. It’s a reliable option for anyone looking to turn their unwanted gift cards into cash—or score a new gift card at a discount.

  • Commission: None listed; CardCash places a $1 authorization charge on your credit card, which will fall off once the card sells
  • Card balance requirements: $10-$500
  • Cash-out options: Mailed physical check, ACH deposit, or PayPal
person holding phone with airbnb digital gift card

3. Raise

If you’re researching where to sell gift cards, you’ll see Raise mentioned frequently as a popular choice—the online platform has been around since 2013. Raise is another reputable marketplace that accepts various gift cards from certain retailers and restaurants through its gift card exchange.

Listing your gift card on Raise is free, and you can set your desired selling price. Raise also provides a price suggestion based on market trends to help you make an informed decision. 

  • Commission: 15%
  • Card balance requirements: All gift card balances must be under $2,000; eGift cards must have at least a $5 balance
  • Cash-out options: ACH or PayPal

4. GiftCash

GiftCash is a straightforward and user-friendly platform to sell your gift cards for cash. The platform accepts a wide variety of gift cards with a database of over 150 brands, making it accessible to many users. 

To sell your gift card on GiftCash, you’ll need to provide the brand and balance of your gift card to generate an instant quote. Among other options, GiftCash is unique in that it also offers crypto as a payout method (BTC, BCH, ETH, and USDT). 

  • Commission: None listed (processing fee charged for transfer to certain crypto wallets)
  • Card balance requirements: $25-$2,500, depending on brand
  • Cash-out options: ACH, PayPal, or crypto wallet

Something to Consider Before Selling Gift Cards Online

When you’re figuring out where to sell gift cards online, it’s worth noting that each site has its own unique selling process, list of accepted brands, and payout methods. It’s always a good idea to check the terms and conditions before trying to sell your gift cards, as well as online reviews speaking to the customer service experience.

Author

Josephine Greco

NeatPenny contributor

Josephine Greco is passionate about helping individuals and businesses achieve financial success through smart money management and strategic planning. With over 15 years of consulting experience in the financial sector, she has extensive experience on topics such as debt management, budgeting, retirement planning, and financial goal setting.