Card Cash I Power

Card Cash I Power

Card Cash I Power

Posted on: November 24, 2011 - 9:03 am
by Admin

Although gift cards and certificates can make great birthday and Christmas presents, they don't always work as well as they could. Using the wrong store or website can quickly turn a useful present into a useless one. An exchange site may be a useful way of swapping or selling unwanted gift cards for cash. How do these sites work?

What do Gift Card Exchange Sites do?

These sites offer various options for those looking to get rid of unwanted gift cards. Some will pay cash or, as an alternative, will give a different card in exchange. Amazon is commonly used by companies that offer this service. Some sites will also allow the holder to trade with other users or to donate a balance to charity. It is also possible to use these sites to buy discounted gift cards which can be a useful way of saving money.

How do Gift Card Exchange Sites Work?

The first step with any exchange site is to input details of the unwanted card (i.e. merchant and value). If the site is willing to buy, then a cash offer will be shown. Sites that offer trades with a preferred merchant such as Amazon will also list the swap value. In some cases, the site will need the individual to mail in the card although some companies have drop-off arrangements with retail stores. The payment/exchange is made after receipt and verification. This is most often done by check.