
Some people feel it is not very tactful to “regift” a gift card. If the gift card is for a small, local business, try selling or trading the gift card on Craigslist or eBay Classifieds instead. Gift card exchange websites are an excellent way to sell or trade gift cards from major retailers. Make sure to read the websites’ terms and conditions, and learn more about their guarantees, transaction fees, and shipping policies. Obtain quotes from each of the websites to determine which site offers the best deal for the gift cards you want to sell or exchange.

Once the balance of the gift card is verified, the website pays for the gift card with a check or PayPal. Sellers receive pre-paid shipping labels to mail gift cards to the website. Users have to enter gift card information on the site, and then Plastic Jungle makes an offer for the card.
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Cardpool features free shipping, and a 100-day guarantee, to ensure the gift cards are legitimate.Cardnap allows users to buy and sell a variety of popular gift cards.The site receives a commission from the traders. Other traders will browse the site, and if they have a Macy’s or Victoria’s Secret card and want your Pottery Barn gift card, you might be able to make the trade. For example, if you have a $50 Pottery Barn card, but you would much rather have a $50 Victoria’s Secret or Macy’s card, then include those cards in your wish list. If you want to trade a card, create a “wish list” of gift cards you would consider in exchange for your gift card. Card Avenue has a very extensive inventory of cards for sale.They claim to be the largest secondary market for gift cards. ABC Gift Cards allows users to buy, sell, or trade gift cards.In addition to auctioning cards, there are a number gift card exchange websites: If your name is on any of the gift cards, check to make sure they are transferable before listing them for sale. Shoppers flock to eBay around the holidays, so try selling unwanted gift cards online in November and December to get the best return on the cards. Other sites such as Cardpool and Plastic Jungle also let sellers auction their unwanted or unused gift cards. If you want cash for your gift cards, try listing them on eBay. There are several websites, including eBay, where gift cards are being traded, and even sold, for cash. However, unused gift cards don’t have to go to waste.

The retailers are counting on this, since unused gift cards equate to company profits. That’s $6 to $9 billion dollars that consumers never use. The gift card industry is worth an estimated $60 billion, and experts say that at least 10% to 15% of gift cards are not redeemed. If you have unused gift cards lying around collecting dust, don’t let them go to waste.
