What Are the Types of Transfers?
Selling gift cards on third-party sites is straightforward. However, do your due diligence and exercise caution when trading on those sites. Ensure your choice platform is legitimate and reputable before providing your gift card codes or sensitive/personal information like your bank account.
Use Third-Party Exchanges or Marketplaces
If you’re yet to redeem your gift card, it’s possible to sell the gift card on social media and online marketplace platforms. People are often open to gift card exchanges where you might trade one gift card for another. Fraudulent individuals exist on these marketplaces and platforms. Hence, do your due diligence and trade your gift cards for cash on reputable platforms with positive reviews to avoid being scammed.
Buy Items and Resell for Cash
An alternative to converting your gift card balance to cash in your bank account is buying items for family or friends in return for cash. That way, your friends receive the items they would buy anyway, and you get cash in your bank account that you can use however you like.
How to Sell Unredeemed Cards Online Safely
It’s easy to sell gift cards online, but it’s also easy to fall victim to scams. There are just as many shady trading marketplaces on the internet as there are legitimate ones, so research before choosing a platform or marketplace to sell your gift card. Look out for reputable platforms with genuine reviews and feedback, particularly on social media. Not all platforms with large social media following are legitimate. So, check for customer reviews on social media sites and forums like Twitter, Reddit, Quora, Facebook, etc. If you’re trading your gift card on peer-to-peer exchanges, ensure the buyer is verified and has positive reviews. Marketplaces that offer an escrow payment system are safer and recommended. After choosing your preferred platform, we recommend selling a small amount you can afford to lose as a test r
