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Where to Sell an Amazon Gift Card: Your Comprehensive Guide

So, you’ve got an Amazon gift card burning a hole in your digital pocket? Maybe you’re not an Amazon aficionado, or perhaps you simply need cash more than another gadget. Whatever the reason, you’re probably wondering: Where can I sell this thing? Don’t worry, you’ve come to the right place. The short answer is you have several options, ranging from specialized gift card exchange websites to online marketplaces, even physical locations. Each avenue comes with its own set of pros and cons, which we’ll unpack in detail to help you make the most informed decision.

Unveiling Your Options: A Detailed Look

Finding the right place to sell your Amazon gift card depends on your priorities: Do you need cash fast? Are you aiming for the highest possible payout? Are you concerned about security? Let’s dive into the most popular and reliable options:

1. Gift Card Exchange Websites: The Online Specialists

These platforms are specifically designed for buying and selling gift cards, offering a straightforward and often quick way to offload your Amazon credit.

Raise: Raise is a well-established name in the gift card resale market. They offer a seller-friendly interface, allowing you to list your card and set your desired price (within their guidelines). Raise takes a commission upon sale. The key advantage here is the large user base, increasing your chances of a sale. They also offer some fraud protection, making it a safer option than some other avenues.
CardCash: CardCash is another reputable player that buys gift cards directly from you. You enter the gift card information, and they provide an instant offer. If you accept, they’ll process the payment. While the payout might be slightly lower than selling through a marketplace, the speed and convenience are undeniable.
Gift Card Granny: Gift Card Granny isn’t a direct buyer, but rather a comparison site. It aggregates offers from various gift card exchanges, allowing you to quickly compare prices and find the best deal for your Amazon gift card.

2. Online Marketplaces: Reaching a Wider Audience

While not specifically designed for gift cards, general online marketplaces can offer a wider audience of potential buyers.

eBay: eBay is a behemoth of online commerce, and that includes gift cards. You can list your Amazon gift card for auction or at a fixed price. However, beware of eBay’s seller fees, which can eat into your profits. It’s crucial to research similar listings to price your card competitively. More importantly, be extra vigilant about fraudulent buyers.
Facebook Marketplace: Facebook Marketplace offers a local and sometimes faster selling opportunity. However, exercising extreme caution is paramount. Meet in a public place, verify the buyer’s identity if possible, and avoid shipping the card before receiving payment. Scams are rampant, so be on high alert.

3. Local Options: Quick Cash, Potentially Lower Returns

While less common these days, some local options might be available depending on your location.

Pawn Shops: Some pawn shops will buy gift cards, but expect a significantly lower payout than online options. Pawn shops need to make a profit, so they’ll offer a deep discount. This is a last resort if you need cash immediately.
Local Classifieds: Similar to Facebook Marketplace, you can try selling your Amazon gift card through local classifieds websites or newspapers. However, the same safety precautions apply: meet in a public place, verify the buyer, and be wary of scams.

4. Cryptocurrency Exchanges: A Niche Alternative

While not widely known, some cryptocurrency exchanges allow you to trade gift cards for cryptocurrencies. This method is only recommended for those familiar with cryptocurrencies.

Paxful: Paxful is a peer-to-peer marketplace where you can buy and sell Bitcoin and other cryptocurrencies. They often have users looking to trade gift cards for crypto. This is a higher-risk option, and understanding cryptocurrency transactions is crucial.

The Golden Rule: Due Diligence

No matter which method you choose, always exercise due diligence. Research the platform, read reviews, and be aware of potential scams. If something seems too good to be true, it probably is.

FAQs: Everything You Need to Know

1. What information do I need to sell my Amazon gift card?

You’ll typically need the gift card number and the PIN. Some platforms may also require proof of purchase or other verification information.

2. Can I sell a partially used Amazon gift card?

Yes, many platforms allow you to sell partially used gift cards. You’ll need to specify the remaining balance on the card.

3. How much can I expect to get for my Amazon gift card?

The payout percentage varies depending on the platform, the card’s value, and the demand. Expect to receive between 70% and 90% of the card’s face value. High-demand cards typically fetch a higher percentage.

4. How long does it take to sell an Amazon gift card?

The timeframe varies. Selling on a gift card exchange website can be relatively quick (hours or days), while selling on eBay might take longer. Direct sale platforms like CardCash offer instant payouts.

5. What are the fees associated with selling an Amazon gift card?

Fees vary depending on the platform. Gift card exchange websites typically charge a commission on the sale. eBay charges listing and final value fees. Be sure to factor these fees into your profit calculation.

6. Is it safe to sell my Amazon gift card online?

Selling online carries risks. Use reputable platforms with fraud protection measures. Never share your gift card information with untrusted individuals. Be wary of phishing scams and suspicious emails.

7. How do I avoid scams when selling an Amazon gift card?

Use secure websites with SSL encryption.
Verify the buyer’s identity.
Never ship the card before receiving payment.
Be wary of buyers who offer more than the card’s value.
Report any suspicious activity to the platform and the authorities.

8. What payment methods are typically offered?

Payment methods vary. Common options include PayPal, direct deposit, check, and electronic gift cards. Choose a method that is secure and convenient for you.

9. Can I sell a physical Amazon gift card?

Yes, you can sell physical Amazon gift cards. The process is generally the same as selling electronic gift cards. You may need to mail the physical card to the buyer or the platform.

10. What if my Amazon gift card is lost or stolen?

If your Amazon gift card is lost or stolen, contact Amazon immediately to report the loss and potentially cancel the card. You may be able to get a replacement card if you have the original purchase information.

11. Are there any legal implications to selling my Amazon gift card?

Selling your Amazon gift card is generally legal. However, selling stolen or fraudulently obtained gift cards is illegal. Make sure you are the rightful owner of the card.

12. What are the alternatives to selling my Amazon gift card?

If you don’t want to sell your Amazon gift card, you can use it to purchase items on Amazon, gift it to someone, or donate it to a charity.

Making the Right Choice

Selling an Amazon gift card involves careful consideration of your needs and risk tolerance. By weighing the pros and cons of each option, researching the platforms, and exercising caution, you can successfully convert your unwanted gift card into cash. Remember, due diligence is key to a safe and profitable transaction. Good luck!