What are gift cards?
Gift cards are prepaid cards that are usually issued by a retailer or a bank to be used as an alternative to cash. The gift cards can be used within a particular store.
It’s essentially a prepaid payment card that contains a specific amount of money that anyone can buy and use for purchases, regardless of credit score.
There may be different type of gift cards, such as for music, for furniture and appliances etc.
How to buy, sell and trade gift cards online:
Some people have unwanted gift cards and more often than not, they don’t know what to do with them. Most people aren’t aware of this, but if you have an unwanted gift card you can turn it into cash or trade it for one that you can use.
There are options available so that you can sell your gift cards and get a PayPal payment within 24 hours.
There are numerous options available for you to trade gift cards online, but you may even make more money if you physically send the card in.
In some cases, you’re given the option to get another gift card instead of a cash payment. In other cases, you will be able to buy cards for a lower amount than the card is worth – saving you money in the process.
As technology improves, consumers have more transacting options now more than ever before. Some companies allow you to buy and sell gift cards directly from your iPhone using its free iOS app.
With some gift card companies, alerts are sent when a card is sold. You can also set the price for the gift card and you get to decide how much of a discount you’re willing to give for someone to take it off your hands.