Best Gift Card Exchange Platforms: Where to Buy, Sell, and Trade

Gift cards are popular for gifting, but what happens when you receive one you can't use?

Enter the world of gift card exchange, a solution that allows you to easily buy, sell, or trade gift cards. 

This growing market has revolutionised how people handle unwanted gift cards, offering flexibility and value to consumers.

In this article, we'll explore the top platforms for gift card swaps. You'll learn how to purchase discounted gift cards, sell unused ones for cash, and even learn about gift card exchange kiosks for immediate transactions. 

We'll also cover real-time monitoring features that ensure you get the best deals when buying or selling gift cards.

Top Gift Card Exchange Platforms

Online Marketplaces

Several platforms stand out when it comes to online gift card exchanges.

1.  CardCash is a large and reliable platform that allows you to buy and sell gift cards from popular brands at discounted rates. It offers both physical and virtual cards, providing flexibility for your preferences.

2. GiftCards.com is one of the largest gift card retailers globally, offering cards from over 500,000 SMEs and big companies in the US.

3. For those interested in cryptocurrency, Paxful is a peer-to-peer marketplace that allows you to buy and sell gift cards for Bitcoin and other cryptocurrencies. With support for over 350 payment methods, Paxful offers flexibility in your transactions. 

4. GiftCardGranny. This peer-to-peer platform connects buyers and sellers of gift vouchers. It allows you to compare prices before choosing, giving you a wide range of options. 

Online Marketplaces for Gift Card Exchange

Online marketplaces are popular platforms for gift card exchanges. Here are some top options:

Gift Card Mobile Apps

Mobile apps have made gift card exchanges even more convenient. 

In-Store Kiosks

Gift card exchange kiosk near me

Gift card exchange kiosks are an excellent option for immediate cash transactions. These ATM-like machines exchange cash for gift cards on the spot. 

These platforms offer various options for buying, selling, and trading gift cards, catering to different preferences and needs. For immediate cash transactions, there's a solution available to help you make the most of your gift cards.

For immediate cash exchanges, in-store kiosks are an excellent option:

1. Coinstar Gift Card Exchange: These yellow kiosks offer the fastest way to get cash for your gift card. You can receive around 80 cents on the dollar for your gift card value.
2. GiftWise Kiosk: These kiosks provide 24/7 availability of gift card sales and allow customers to easily buy or check card balances. They offer secure, PCI-certified applications and multiple security measures to reduce fraud risks.

To find a gift card kiosk near you, search on Google Maps using terms like "gift card kiosk near me" or "get cash for gift card locations". 

By utilising these various gift card exchange platforms, you can easily convert unwanted gift cards into cash or other preferred gift cards, maximizing the value of your unused cards.

How to Buy Discounted Gift Cards

Choosing a Reputable Platform

Selecting a trustworthy platform is crucial to start your journey into the world of discounted gift cards. Look for websites with solid reputations and positive customer reviews. 

When evaluating a platform, consider the following factors:

1. Range of gift card options
2. Secure payment methods and data protection
3. Customer support quality
4. User reviews and ratings

Tips for Finding the Best Deals

To maximize your savings when buying discounted gift cards, keep these tips in mind:

1. Compare prices across multiple platforms to find the best deals.
2. Look out for special offers and promotions, such as cash-back opportunities. For instance, Raise offers an app where you can earn Raise cash with up to 10% cash back at select stores.
3. Consider the availability of gift cards. Some marketplaces have a larger inventory than others.
4. Check for shipping and delivery options. Some platforms offer free shipping for physical cards, while others provide instant e-gift cards.
5. Be aware that the best discounts are often on higher-value cards.

Avoiding Scams

While buying discounted gift cards can be a great way to save money, it's essential to be cautious to avoid scams. Here are some key points to remember:

1. Be wary of deals that seem too good to be true, as they may be fraudulent.
2. Always verify the authenticity of the gift card before completing the purchase.
3. Keep the receipt and record the card details for future reference.
4. Be cautious of anyone asking you to pay with gift cards, as scammers often use this tactic.
5. Purchase gift cards from known and trusted sources to reduce the risk of buying counterfeit or stolen cards.

Remember, gift cards are meant for gifts, not payments. If someone demands payment via a gift card, it's likely a scam. By following these guidelines and staying vigilant, you can safely enjoy the benefits of buying discounted gift cards while avoiding potential pitfalls.

Selling Unwanted Gift Cards for Cash

Determining Card Value

To get the most value for your unwanted gift cards, it's crucial to determine their worth. Many gift card exchange platforms offer quote tools that allow you to check the potential cash value of your card. For instance, CardCash accepts cards from over 1,300 retailers and provides unique quotes for each card. 

Selling Process

The process of selling gift cards varies depending on the platform you choose. Here's a general overview:

1. Select a reputable platform
2. Get a quote: Use the platform's quote tool to determine your card's value.
3. List your card
4. Ship the card: Send your physical gift card using the provided shipping label if required.
5. Receive payment: Once the transaction is complete, you'll receive payment using your chosen method.

Payment Options

Gift card exchange platforms offer various payment methods:

1. Direct deposit
2. PayPal
3. Check
4. Cryptocurrency (on some platforms like GiftCash)

The payment speed varies by platform. 

When choosing a payment method, consider transaction fees and processing times. While payment apps might be quicker, they may have fees that reduce your payout. 

Checks take longer but offer the full cash value.

It's worth noting that some platforms charge a seller fee. 

To maximize your earnings, compare offers from multiple platforms before deciding where to sell your gift card.

Remember, while selling gift cards can be a great way to get cash for unwanted cards, always be cautious of scams. Stick to reputable platforms and avoid deals that seem too good to be true.

Conclusion- How to Exchange Gift Cards

Gift card exchanges have transformed how we handle unwanted cards, offering flexibility and value to consumers. These platforms provide opportunities to buy discounted cards, sell unused ones for cash, or even trade them for more desirable options. With various online marketplaces, mobile apps, and in-store kiosks, there's a solution for every preference and need.

As the gift card exchange market evolves, it's crucial to stay informed and cautious when making transactions. You can make the most of your gift cards by choosing reputable platforms, following best practices, and avoiding potential scams. 

For businesses looking to sell gift vouchers using a gift card management platform, enjovia offers valuable information to get started. Remember, gift cards open up a world of possibilities to maximise the sale of your goods and services, whether you're buying, selling, or trading.

FAQs

Which website is the best for exchanging gift cards?

According to The Penny Hoarder, ClipKard, Gameflip, and GiftCash are highly recommended for exchanging gift cards. These companies specialise in this area and typically offer better base value for gift cards than general marketplaces like eBay.

What is the most trustworthy platform for trading gift cards?

Giftcardstonaira is considered the most reliable platform for converting gift cards into instant cash.