The beauty of the internet is that you can sell just about anything on it, to buyers all over the country! If you have some Amazon gift cards that you would rather turn into quick cash, you can sell Amazon gift cards online instantly.
As long as the card’s balance is accurate, you can sell it and receive a payment within minutes if you use the right platforms.
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Can You Make Quick Cash Selling Amazon Gift Cards Online?
Unused or partially used gift cards are highly sought after by shoppers who want to reduce the cost of their purchases from Amazon.com.
Fortunately for sellers, there are different ways to receive your money from the trade. When you sell your Amazon gift card, you can get paid via options like:
- Direct bank deposits
- Paper checks
The method of payment will usually be determined by the platform you use to sell the gift card.
In most cases, you won’t be able to earn the full value of your gift card when you sell it. Buyers want at least a small discount compared to buying straight from Amazon. Plus, platforms may charge fees that reduce your profits.
Even so, it’s better to sell your Amazon gift card for a discount instead of letting it sit in a drawer or buying something you don’t need.
8 Places to Sell Amazon Gift Cards Online Instantly
If you want to know how to sell Amazon gift cards online instantly, you need to know the right platforms to use. Here are the best places to sell Amazon gift cards for cash.
Raise.com is one platform you should consider if you are looking for how to sell Amazon gift card online instantly. Security and seller protection are built into the platform.
To start, you’ll be asked for your gift card’s serial number for balance verification. If there is a sufficient balance on it, the admin will list it for sale, and it will become public for buyers.
Listing your gift card on Raise is free, and you are able to set your own price. Once the sale is done, they charge a 15% commission on the sale, and the remaining balance will be sent to your account of choice.
Have you heard of BuybackWorld? This is another reliable platform that buys unwanted or unused Amazon gift cards.
Once you provide your card’s balance, it generates an instant cash quote. If you accept the quote, you’ll proceed with the sale.
The good thing about using BuybackWorld is that they offer different payment methods such as store credit, PayPal, check, debit card, and direct deposit. However, you’ll receive a reduced value (e.g. they might pay $70 for a $100 gift card).
CardSwap is another online platform like BuybackWorld. This platform is hugely popular in North America. Like many platforms, you will have to provide the card information like the serial number for verification.
The main difference between CardSwap and other platforms is that they do not buy directly, so you won’t receive a direct price quote. Instead, they list the gift card up for sale after the verification process and take a commission once it is sold.
We would be remiss not to mention GameFlip, which is a popular online marketplace for gift cards. Sellers list their cards for free and pay GameFlip a little commission after the sale.
The cash is deposited to your GameFlip wallet, which you can then withdraw to your bank or PayPal account.
One of the best places to sell Amazon gift cards is on eBay because there are thousands of buyers on the platform. You even have a chance of selling the card at its full value. While you still have to pay eBay their 10% commission, you can earn a good amount of buyers get into a bidding war.
eBay is highly rated for gift card sales because of the large amount of visitor traffic. If you want to sell your card quickly, you can add the “Buy it Now” option listing the card for less than its value, instead of waiting for auction-style bids to finish.
No “selling online” list will be complete without the mention of Craigslist. You can sell Amazon gift cards online instantly on Craigslist by listing them and waiting for buyers. Listings are free and you also don’t have to pay a commission for the sale!
However, the potential increased sales value also comes with increased risks. You must be vigilant on Craigslist to avoid scammers.
7. Cryptocurrency-selling platforms
Want to turn your gift cards into crypto instead of cash? Another method is to convert it to cryptocurrency using an online exchange platform.
Essentially, you can list your gift card on a peer-to-peer trading site like CoinCola. Interested buyers will pay you in a cryptocurrency like Bitcoin.
8. Reddit r/giftcardexchange/
The process of turning Amazon gift cards into cash or PayPal money using r/giftcardexchange would typically involve finding a reputable buyer on the subreddit who is interested in purchasing Amazon gift cards.
After agreeing on a price and payment method, the value of the gift card would need to be verified with the buyer. This could involve sending a screenshot or other proof of the card’s balance.
Once the value of the gift card has been verified, the seller can send the gift card code or claim code to the buyer via a private message on Reddit. After sending the gift card code, the seller would need to wait for the buyer to confirm receipt of the code and send the agreed-upon payment.
Payment methods for gift card exchanges may include PayPal, Venmo, Cash App, or other digital payment services. It’s important to use a reputable payment method to minimize the risk of fraud or scams.
Once the payment has been received, the seller can use it as desired, whether to purchase items online, transfer to their bank account, or use other payment methods supported by the digital payment service used.
If you encounter difficulties selling Amazon gift cards online for cash, don’t forget to try in-person methods! You may have a friend who loves shopping on Amazon and would gladly trade you cash for your gift card. If all else fails, spend your Amazon card on useful items like groceries, cleaning supplies, and other essentials you’d need to buy anyway.
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Hi, I’m Ashley a freelance writer who’s passionate about personal finance. Ever since I was young, I’ve been fascinated by the power of money and how it can shape our lives. I’ve spent years learning everything I can about budgeting, saving, investing and retirement planning. So if you are looking for tips, advice, or just a little bit of inspiration to help you on your financial journey, you have come to the right place. I am always here to help, and I am excited to share my passion for personal finance with you.