Do you need to make money quickly?
One option is to sell your Amazon gift cards. There are plenty of buyers for your unwanted gift cards as Amazon sells many things.
It’s possible to sell unused or partially used Amazon gift cards online and locally.
In This Article
- Where to Sell Amazon Gift Cards
Where to Sell Amazon Gift Cards
As long as the gift card balance is accurate, buyers are willing to buy gift cards using a variety of methods.
Discounted gift card marketplaces like Raise are a great place to sell your unwanted Amazon gift cards because of the seller protection benefits.
You can sell digital gift cards for Amazon and almost any other store or restaurant. All you need to do is enter the gift card serial number and Raise will verify the remaining balance before the listing goes live.
It’s possible to sell Amazon gift cards for face value, minus seller fees. However, Raise only lets select sellers sell Amazon gift cards but any seller can sell other gift card brands.
When you make a sale, it’s free to list your gift cards but Raise keeps 15% of the selling price. This fee is competitive with other marketplaces.
Your payment options include:
- Direct deposit
Another option is to sell your cards on eBay. This is one of the few ways you can actually sell your card for more than retail price as international buyers take advantage of gift card exchange rates to buy “cheap” Amazon cards in U.S. dollars.
This type of currency arbitrage allows you to recoup the seller fees and profit.
For example, a recent $10 card balance was selling for $12.50 after five bids with four days remaining. Another seller was selling a $500 card for $535.
Selling fees are 10% of the final sales price plus shipping fees. The total fees can be lower than a gift card marketplace but you have fewer seller protection benefits.
Advice to avoid buyer scams:
- NEVER email the gift card number to the buyer
- Only ship the card to PayPal verified addresses
- Consider only selling to buyers with prior positive feedback
In the past, novice sellers have only emailed the code to the buyer and not mailed the card. The buyer will immediately redeem the card balance and file a complaint.
If eBay or PayPal rules against you, then you must issue a refund and lose the gift card.
Just exercise some common sense when selling online through a non-gift card marketplace like Raise that offers more seller protection benefits. Doing so can mean you earn a higher profit.
3. Sell on Reddit
Reddit is a popular social media platform with a Gift Card Exchange subreddit (thread).
You can post that you have an Amazon gift card and its current balance. Then, you list what you’re willing to trade it for.
Your payment options include the following:
- Cash (PayPal, Cash App, Venmo, etc.)
- Gift cards
You may also see others requesting an Amazon card and see what they’re willing to pay.
It’s free to sell gift cards on Reddit but you will need to follow the community guidelines. Gift card balances larger than $250 require moderator approval.
As an added layer of security, you can also request the subreddit moderators to perform a background check on a prospective buyer too.
There isn’t any seller protection and Reddit is riskier than using a gift card marketplace.
4. Trade on Reddit
The Reddit Barter subreddit allows you to trade Amazon gift cards for other tangible items and services. You may also see other people in need of your gift card if you’re willing to accept their item.
Trading allows you to avoid PayPal processing fees you can experience with the gift card exchange subreddit.
Be sure to read the subreddit rules in the sidebar before listing your gift cards. For example, you might be able to barter a gift card for video games or other services like graphic design.
You can also sell amazon gift cards locally on Craigslist. Be prepared to verify the balance of the gift card when you meet with the buyer.
Most likely, the balance can be verified using your smartphone or meeting at a public Wi-Fi hotspot if you need to use a computer or tablet.
While you might invest some time and money to commute to the meeting location, you will receive cash and do not have to worry about any transaction fees that you will encounter with online sales.
As always, you can also trade your gift card for actual merchandise too.
Facebook Marketplace is another great place to sell your unwanted Amazon gift cards. The social media platform can be more popular than Craigslist in your city.
It’s free to list your gift cards and buyers can pay with cash or by debit card.
You don’t pay a transaction fee if you accept debit card payments.
Try listing your cards on the Facebook Marketplace and also local buy and sell groups. Be sure to read the group guidelines to ensure you can sell amazon gift cards.
You can try other Craigslist alternatives to advertise your gift cards as well.
7. Sell on OfferUp
OfferUp lets you sell to local buyers or mail your sold items to distant buyers.
Local sales are free but sellers pay a service fee on items requiring shipping. The service fee is either $1.99 or 12.9% of the sales price, whichever is higher.
BuyBackWorld buys gift cards and old electronics. You can enter your gift card balance and receive an instant price quote.
Your payment options include:
- Direct deposit
- Prepaid debit card
- Store credit
Choosing the BuyBackWorld store credit lets you get a 5% redemption bonus. You might choose this option if you want to buy used cell phones or other electronics.
9. Flip Items Purchased on Amazon
Are you an entrepreneur that relishes the idea of thinking outside the box?
Selling items for a profit that you purchased with your Amazon gift card is a prime example of making money with retail arbitrage.
There is an extra step or two involved to make money, but it can be an enjoyable experience and more profitable than selling it for a discount online.
Plus, if you are an Amazon Prime member or own an Amazon credit card, you can earn cash rewards that can maximize your profit even more.
Related article: How To Convert Gift Cards Into Cash
10. Buy For Non-Amazon Prime Friends
If you received your card as a gift, you basically have free money sitting in your wallet.
Your friends and family might not be Prime members and occasionally want to buy exclusive Prime items, but don’t shop Amazon enough to justify the $99 annual membership fee for Prime.
You can buy the product and have them reimburse you for the purchase. They get their goods and you swap your card balance for cash.
This can also be a good option if you feel re-gifting is a bad idea.
11. Use Amazon Pay
Amazon gift cards can also be redeemed at other online merchants. With Amazon Pay, you might be able to shop at an online store you routinely visit and pay with Amazon cash.
This saves the hassle of trading gift cards and potentially losing a few dollars in the process because of trade fees.
Amazon Pay is free to use and new merchants are being added all the time.
12. Buy Groceries at Amazon
Amazon sells everything including groceries that are delivered to your front door.
It’s possible to order these grocery items:
- Household items
You may need to be a Prime member or live near Whole Foods to order fresh produce and cold items.
Gameflip will let you sell Amazon gift cards and egift cards on its online marketplace. You just list it for sale (it’s free to do this) and wait for an offer.
Gameflip takes a small fee from you after your card is sold. However, their site doesn’t say what that fee is without you starting the selling process.
If you sell your gift cards for cash, your proceeds will get deposited to your Gameflip wallet. From there, you can request payout via PayPal or direct deposited into your bank account.
Bonus: You may be able to earn a bit more from your Amazon gift card by choosing to use the sale proceeds to buy from Gameflip.
14. GC Spread
You can sell your gift card on Gift Card Spread after entering your card balance and seeing the buyback price.
Most payments are sent by paper check within 10 days of receiving your card or gift code details.
15. Buy Items You Need
If you’re not happy with the selling price or trading options, you can keep the card and buy items your need.
Amazon sells almost everything and while their prices are not always the lowest, you get to spend free money and save money in the long run.
Some items you might buy include:
- Baby diapers
- Bandages and first aid supplies
- Canned food
- Christmas gifts
If you are looking to make money now, it’s really easy to sell or trade your Amazon gift cards. Since there is a steady demand from buyers, you can sell your unwanted gift cards for the lowest trade fees and even make a profit.
Both you and the buyer win and you get to walk away with some extra cash in your wallet.