Buy Gift Cards For Cash

Buy Gift Cards For Cash

Buy Gift Cards For Cash > https://urlca.com/2tCYvo

To sell gift cards online, find resale sites that will buy them for close to their face value, says Bethany Hollars, spokesperson for BrickSeek, a price-checking website. She advises comparing offer prices from several sites to get the highest price for your card.

You also may be offered the opportunity to trade your gift card for another gift card, generally something that has more value than the cash. If you have a 1-800 Flowers gift card worth $100, for example, you may be able to get $60 in cash or a Walmart gift card worth $61.50. The cash and and gift card offerings vary.

GiftCash accepts cards with a minimum value of $25 and will go as high as $2,000. (There are a few exceptions: For gift cards to Air Canada, Apple/iTunes and Petco, you need to have a minimum card value of $100.)

With Raise, you set the price of your gift card. It's free to list your card, and if someone purchases it, you'll give Raise a 15% commission. You can sell gift cards with partial balances, but any physical gift card has to have at least $10 on it. An eGift card must have at least a $5 balance. All gift card balances must be less than $2,000.

GiftCardBin no longer allows you to sell gift cards through its website, but you can go to a map on the site and type in your ZIP code. If one of its 600 partner locations is near you, you simply take in your gift card and a valid form of identification and get cash for it.

After you download the CardSell app, you share the gift card number and pin. You'll get an offer once CardSell verifies the gift card with the retailer. If you accept the offer, you'll get cash deposited into your PayPal account within 48 hours, according to the website.

Sites like Raise operate as a sort of marketplace with the burden to sell the gift card placed on you. You'll be able to choose how heavily you want to discount your card, and you can view the discounts that others with similar gift cards are offering. You won't receive any money until someone buys your gift card.

That's a higher fee than many other sites, though Raise's strong reputation can make it worth the price for some. Selling gift cards for the first time can be a bit nerve-racking, after all. Raise offers two payout methods: ACH direct deposit and PayPal.

One of the best features of CardCash (and an advantage it has over Raise) is that it's pretty indiscriminate as to which gift cards it will buy from you. It follows standard practices, such as refusal to sell gift cards with expiration dates or promotional cards that can only be spent in certain areas. But the list of accepted merchants seems to be much larger than that of Raise. So even if your obscure gift cards don't yield a huge return, you'll at least get something.

The same way you can use sites like Raise and CardCash to sell your unwanted gift cards, you can use them to buy other people's gift cards at a discount. If you're planning to purchase discounted gift cards through these sites, be sure to use a credit card that will give you the maximum return for your spending. Gift card marketplaces won't fall into any bonus categories, so the best strategy is to spend on a card that gives you a respectable flat rate on everyday purchases, such as:

Enjoy 5% cash back on travel purchased through Chase Ultimate Rewards, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases

Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back. That's 6.5% on travel purchased through Chase Ultimate Rewards, 4.5% on dining and drugstores, and 3% on all other purchases.

You can easily turn gift cards into cash (or more desirable gift cards) through reputable sites like Raise and CardCash. The site you choose will depend on the ease of sale and the type of gift card you have. You won't get full value for it, but that's still better than letting a gift card go unused.

By giving a gift certificate or a gift card, you make it possible for your friend to purchase the particular item or product that he or she wants. You may also want to purchase a gift card for yourself from a business that you patronize regularly.

This legal guide answers common questions about gift certificates and gift cards sold after January 1, 2004, with respect to California law. Since most of the answers also have exceptions, be sure to read the entire answer. Please be aware that the federal government has also recently enacted regulations on the topic of gift certificates and gift cards, effective August 22, 2010.1 Federal law may pre-empt California law where the terms are inconsistent and federal law is more protective of consumers. Because the federal regulation is so new, specific issues of pre-emption have not been decided by the Board of Governors of the Federal Reserve system, nor have they been litigated. It is the opinion of this office that, where the laws are inconsistent, the law that is most protective of consumers should be followed. For an overview and comparison of federal and California gift card law, please see Tables A and B, attached.

Q.1. Are a \"gift certificate\" and a \"gift card\" the same thing A. Yes. However, the terms exclude a gift card that can be used with multiple unaffiliated sellers of goods or services (for example, a card that can be used at all or some of the stores at a particular mall)6 provided the expiration date, if any, is printed on the card.7 Also, the rules described in this Legal Guide do not apply to prepaid calling cards issued solely to provide an access number and authorization code for prepaid calling services.8

A seller of unaffiliated, multiple seller cards without an expiration date -- many of which are sold by banks like pre-paid debit cards -- may take the position that such cards are not included in the definition of \"gift certificate,\" and therefore service fees or dormancy fees can be imposed without being disclosed. Buyers should beware when purchasing \"unaffiliated, multiple seller\" cards that not all questions about the terms of these cards have been answered and ask carefully about their terms before purchase.

Q.4. Can the holder of a gift certificate or gift card redeem it for cash A. This depends on the policy of the seller. The gift certificate law states that a seller must either redeem a gift certificate or gift card sold after January 1, 1997, for its cash value, or replace it with a new certificate or card at no cost.18 However, California's Legislative Counsel has concluded that a seller is not required to redeem a gift certificate in cash when requested by a consumer.19 Thus, some gift certificate sellers redeem the gift certificate for cash or a combination of merchandise and cash, while some issue a new certificate for any balance remaining after the original certificate is redeemed. A gift certificate or gift card without an expiration date is valid until it is redeemed or replaced.20

Notwithstanding any policy of the seller, effective January 1, 2008, a gift certificate with a cash value of less than ten dollars ($10) is redeemable in cash (not a new certificate or merchandise) for its cash value.21 Cash for purposes of this section includes currency or check.22 Where a seller accepts funds toward a gift certificate from one or more contributors as a gift for another person (the \"recipient\"), the seller must give each contributor a full refund of the amount paid toward the certificate if the time in which the recipient may redeem the funds by purchasing a gift certificate is clearly disclosed in writing to contributors and recipient and the recipient does not redeem the funds by the time disclosed.23

Q.5. Can the holder of a gift card that is subject to a service fee use it to purchase a gift card that is not subject to a service fee A. It appears to be a possibility, although the holder may not demand it. The gift certificate law requires the issuer of a gift certificate or gift card to honor it, but also limits that obligation to either redeeming the certificate or card in cash or replacing it with a new one. Since California's Legislative Counsel has concluded that the issuer (not the holder) may choose between these two methods,24 the likely answer is that the issuer may set its own policy.

Q.6. What happens if the seller of the gift certificate or gift card files bankruptcy A. A gift certificate or gift card sold by a seller that seeks bankruptcy protection may have no value. However, the holder of the certificate or card may have a claim against the bankruptcy estate. Sellers that file \"Chapter 11\" (reorganization) bankruptcy intend to stay in business, so they typically will ask the bankruptcy court for permission to honor gift certificates in an effort to maintain good customer relations. If the bankruptcy court does not allow gift certificates or gift cards to be honored, or if the seller files \"Chapter 7\" (liquidation) bankruptcy, holders of gift certificates or gift cards are creditors in the bankruptcy case. They have relatively high priority among unsecured creditors in a Chapter 7 case, and may receive some percentage of the certificate's or card's value, but only if the bankruptcy estate has enough assets to pay claims. For information on filing a claim, and other basic information on bankruptcy, see \"Consumer Tips on Retail Store Bankruptcies,\" under the \"Publications\" tab at www.dca.ca.gov, and then go to the \"Consumer Publications\" section, for the list of consumer publications. A recently adopted California law is intended to help gift certificate and gift card holders when the seller declares bankruptcy. It requires a seller in bankruptcy to honor gift certificates issued before the date of the bankruptcy filing.25 No court has ruled on the effectiveness of this law. 781b155fdc