Maximizing Your Holiday Shopping How to Swap Gift Cards Online for Free
Written by Christopher Pupillo on December 12, 2022
As the holidays approach, many of us are starting to think about gift-giving. It’s a time of year when we want to show our loved ones how much we care, but it can also be a stressful time for our wallets. This is where gift cards come in handy, but what do you do when you receive a gift card for a store you don’t frequent? Fortunately, there are online platforms where you can swap gift cards for free, making it easier to maximize your holiday shopping budget. In this article, we’ll explore how to swap gift cards online and make the most out of your holiday shopping experience.
What is gift card swapping?
Gift card swapping is the process of exchanging unwanted gift cards for ones you would prefer to use, either for personal shopping or as gifts for others.
How does gift card swapping work?
Gift card swapping can be done online through various platforms that allow users to exchange their unwanted gift cards for ones they would rather have.
Why should you consider gift card swapping?
Gift card swapping allows you to maximize the value of gift cards you receive by exchanging them for ones you will actually use.
What are some popular gift card swapping platforms?
Popular gift card swapping platforms include Cardpool, Raise, and Gift Card Granny.
Is gift card swapping free?
While some gift card swapping platforms charge fees, there are also options for swapping gift cards online for free.
1. Swapping gift cards online for free can help you save money during the holiday shopping season.
2. By exchanging unwanted gift cards for ones you actually want, you can make the most of your holiday shopping budget.
3. Online gift card swapping platforms can also help you discover new stores and products to explore.
4. The process is quick and easy, allowing you to streamline your holiday shopping and avoid the hassle of dealing with unwanted gift cards.
If youre now the proud owner of some gift cards youre just never going to use, have no fear. Instead of dumping those unwanted gift cards in your junk drawer for future regifting, why not try your hand at selling or swapping them online? Gift cards are just one step away from cash. For that reason, I dont recommend swapping them via eBay or Craigslist. A gift cards balance can be used up in seconds — even without the physical card in hand — so eBay and Craigslist can be dangerous venues for both selling and buying gift cards. Sellers risk scammy buyers purchasing cards, using up the balance and then claiming that the item was not as described eBay is notorious for siding with buyers in purchase disputes. And buyers can get scammed in many ways. One not-uncommon scam is a seller using up the gift cards balance after its been sold and delivered to the buyer. So take a look at one of the many gift-card marketplaces dedicated to swapping cards. Unlike eBay, these exchanges offer a balance guarantee on any card purchased through them — so scammers cant use the cards balance after its been sold. Many of these exchanges also act as the middleman between sellers and buyers, so you only have to deal with the company not fickle gift card junkies. Cardpool is an online gift card marketplace where you can sell or purchase gift cards. It buys gift cards directly from sellers and then sells them directly to buyers, so theres no user-to-user interaction. For sellers, Cardpool offers up to 92 percent of your cards value for buyers, it offers discounts of up to 35 percent. Buyers Cardpool sells both physical and electronic gift cards. You can search for cards via category and refine your search by type, value and percent off. It offers a day balance guarantee from the date of purchase, which means youll be able to use the full value of any gift card you buy within days. Sellers Cardpool buys both physical and electronic gift cards. The service will pay for you to ship your cards to it and pays out via mailed check or Amazon gift card. If you choose the latter, youll get a slightly better rate. CardCash is an online gift card marketplace where you can buy, sell or swap gift cards. The service buys gift cards directly from sellers and sells them directly to buyers you can also choose to trade your cards at a slightly better rate instead of taking cash. For sellers, CardCash offers up to 92 percent of a cards value for buyers, discounts of up to 35 percent. Buyers CardCash sells both physical and electronic gift cards. You can browse cards by type physical or electronic or by category. Theres a day balance guarantee from the date of purchase. Sellers CardCash buys both physical and electronic gift cards, and also allows sellers to trade cards for other gift cards instead of accepting cash. CardCash will pay for you to ship your physical cards to it. If you want to trade your card for a different card, youll need to mail it in electronic cards arent accepted. Unlike Cardpool and CardCash, Raise is a user-driven gift card marketplace — sort of like eBay, but with less risk. On Raise, sellers list gift cards at the price of their choosing and buyers purchase cards directly from the sellers. Raise doesnt take possession of any of the cards that are sold on its site, but sellers are required to verify their cards with the company by entering in serial numbers and PINs and checking the cards balance before they can be listed. Buyers Because Raise is user-driven, you may find better — or worse — deals than youd find on Cardpool or CardCash. Raise does offer a 1-year money-back guarantee on all cards sold through its platform. The guarantee covers inactive cards, cards with an inaccurate balance and cards not received within 30 days of purchase. Sellers You can list your gift card for any price on Raise, so you may be able to sell it for more than the up to 92 percent of the cards value that other sites offer. Raise does take a 15 percent cut of any cards sold, though, so youll need to factor that into your selling price. Once your card sells, youre responsible for shipping it to the buyer within three days. Editors note This article was originally published on Dec. Be respectful, keep it civil and stay on topic. We delete comments that violate our policy , which we encourage you to read. Discussion threads can be closed at any time at our discretion. How to sell or swap gift cards Turn your unwanted gift cards into cash or better cards. Sarah Jacobsson Purewal , Rick Broida. Where to buy, sell or swap Gift cards are just one step away from cash. Now playing Watch this Gift cards and exchange tips. Discuss How to sell or swap gift cards.
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