Buying & Selling Gift Cards

If you’re interested in Gift Card churning, it’s helpful to have a “cheat sheet” showing where to go for the best deals. When looking to do gift card arbitration (buy low, sell high), start with GiftCardGranny.com to find the best buy and sell prices. Then, use the table below to figure out your total costs:

BUYING GIFT CARDS

Gift Card
Re-seller
Cash back portalCash back %Cash back type *Notes
Giftcardmall.comTopCashBack2%% of face valueOnly 1% cashback on Visa gift cards
Cardpool.comTopCashBackup to 4%% of face valueCardpool only offers cash back on the first $1000 in transactions
EBay merchantEBay2%% of transactionCash back is in the form of EBay bucks which can be used for future purchases
GiftCards.comTopCashBack4%UnknownNeed to run experiment to determine cash back type
GiftCertificates .comTopCashBack6%% of face value 
Cardcash.comShopAtHome2%% of transaction 
American ExpressBigcrumbs.com1.4%% of transaction 

SELLING GIFT CARDS

Gift card buyerCash back portalCash back %Cash back type *Notes
Cardpool.comTopCashBack4%% of face valueCardpool only offers cash back on the first $1000 in transactions
GiftCards.comTopCashBack4%% of face valueGiftCards.com limits you to $500 in sales every 6 months.
Cardcash.com    

 

 Updated on 6/13/2013 by Miles Momma

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