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Home Finance

How To Get The Best Rate When Exchanging Your Gift Card

Kyri Santi by Kyri Santi
January 20, 2023
in Finance
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sell gift card
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Gift cards can be a great way to save money on purchases, but sometimes you might find yourself with a gift card to a store you don’t shop at or a balance that’s too small to use. 

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In these situations, exchanging your gift card for cash can be a great option. However, not all gift card exchange websites offer the exact exchange rate, and it can be difficult to know which one will give you the best deal. 

This guide will show you how to get the best rate when exchanging your gift card for cash online. 

We’ll cover the different types of gift card exchange websites, how to compare exchange rates, and tips for maximizing your earnings. 

By the end of this guide, you’ll be able to confidently exchange your gift card for cash and get the most value for your card.

Best 5 Websites To Exchange Your Gift Card Online For The Best Rates:

  • Cash For Gift Card:

Cash For Gift Card is a website that allows you to exchange your gift cards for cash.

They claim to offer some of the best rates for gift card exchange and have a simple process for selling your gift cards. 

To get started, you can search for your gift card brand on their website and see the current rate they are offering. 

Once you find the brand you want to sell, you can enter the card information and receive an instant quote. 

After accepting the quote, you can mail in your physical gift card, and once they receive it and verify the balance, they will pay you via PayPal, check, or direct deposit.

It’s important to note that the exchange rate offered by CashforGiftcard may vary depending on the brand and the balance on the card.

Also, it’s important to read the terms and conditions before using the website.

  • ClipKard:

Clipkard is a website that allows users to buy, sell, and exchange gift cards. 

They offer a wide variety of gift cards from popular retailers such as Amazon, Target, and Starbucks.

Clipkard also provides offers and discounts on select gift cards to make them more attractive to buyers. 

Additionally, it also allows users to sell their unwanted gift cards for cash or exchange them for cards they would prefer. 

The website is easy to navigate, and the process of buying, selling, and exchanging gift cards is simple and straightforward. 

Overall, Clipkard is a great resource for finding discounts on gift cards and for turning unused gift cards into cash or new cards.

  • Swagbucks: 

Swagbucks is a website that rewards users with gift cards and cash for completing surveys, watching videos, and performing other online tasks. 

They offer discounts on exchanging gift cards for other gift cards or cash. 

The discounts and exchange rates offered on gift cards can vary depending on the retailer and the current market value of the card. 

To find the best deal, it is recommended to compare the exchange rates of different retailers before making a trade.

Additionally, Swagbucks may run promotions or deals on certain gift cards, which will help you get even better rates. 

It is important to note that the terms of service for Swagbucks can change, so it’s always a good idea to check the website for the most up-to-date information.

  • Raise:

Raise provides a platform for individuals to buy gift cards at a discounted price and for sellers to get cash for their unused gift cards. 

The company has a strict verification process for gift cards to ensure that the gift card is valid and the balance is accurate before listing it on the site.

Raise also offers a price drop protection program, which guarantees that if the price drops on a gift card within a certain period after purchase, Raise will refund the difference. 

This feature provides added peace of mind for buyers who want to make sure they are getting the best deal possible.

Users can also earn rewards and discounts by signing up for their loyalty program. 

They also regularly offer promotional discounts on select gift cards and have a mobile app that allows users to buy, sell, and redeem gift cards on the go. 

Overall, Raise is a great option for people looking to buy or sell gift cards at discounted prices and with added benefits.

  • GiftCash:

GiftCash is an online platform that allows individuals to buy and sell gift cards at discounted prices. 

discount like CardCash, GiftCash enables users to purchase gift cards from a wide variety of popular retailers at a discount, as well as sell their own unwanted gift cards for cash.

One of the key features of GiftCash is that it offers discounts on gift cards. 

These discounts can range from a few percentage points to as much as 30% off the face value of the gift card, allowing users to save money on their purchases while still enjoying the full value of the gift card.

Overall, GiftCash is a great option for those looking to save money on their gift card purchases while still enjoying the full value of the gift card. 

Its security and discount options make it a great choice for buying and selling gift cards.

Tips About Exchanging Gift Card For The Best Rate:

Exchanging gift cards can be a great way to get the most value out of your unwanted cards, or to purchase gift cards at a discounted rate. 

Here are a few tips to help you get the best rate when exchanging gift cards:

  • Compare prices: 

Before you exchange your gift card, compare prices on different gift card exchange websites. 

Each site may have different rates for the same gift card, so it’s important to shop around to find the best deal.

  • Sell your gift card at peak times:

Some gift cards tend to be more in demand during certain times of the year. 

For example, gift cards for retailers that sell holiday gifts may be more popular during the holiday season. Try to sell your gift card when demand is high to get the best rate.

  • Keep your gift card in good condition:

 Gift cards that are in good condition will likely get a better rate than those that are damaged or worn. Be sure to keep your gift card in a safe place and handle it with care.

  • Be patient: 

The process of exchanging gift cards can take some time. 

Be patient and wait for the best offer. 

You might have to wait for a few days for someone to accept your gift card offer, but it will be worth it in the end.

  • Check the expiration date: 

Some gift cards have expiration dates, so make sure to check the expiration date of the gift card before you exchange it.

Gift cards that are about to expire may not be worth as much.

By following these tips, you can increase your chances of getting the best rate when exchanging your gift cards. 

Keep in mind that rates can vary widely depending on the retailer, the current demand, and the condition of the gift card.

Conclusion:

In conclusion, getting the best rate when exchanging your gift card for cash online requires some research and comparison. 

By comparing prices on different gift card exchange websites, you can ensure that you’re getting the best deal possible.

Additionally, by understanding the terms and conditions of each website, you can make sure that you’re not getting scammed or charged any hidden fees. 

It’s also important to consider the value of the gift card and the retailer before you exchange it, as some gift cards may have a higher value or be more in demand than others. 

Overall, by following these tips, you can be confident that you’re getting the best rate possible when exchanging your gift card.

Tags: cash for gift cardGift Cardsell gift card
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Kyri Santi

Kyri Santi

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