The Ultimate Guide to Selling an Amazon Gift Card for Cash (2024)

There are several ways via which you can receive your payment; such as through Instant PayPal payout or direct deposit, through paper checks or in the mail.

Some online banks such as Revolut, allow you top up your account using gift cards and this is also available in the USA.

You might be surprised to hear that unused gift cards with a total value of more than $1 billion go into waste every year. This is due to the fact that gift cards have become very popular especially during festive periods as it is used by many as a way to give presents to colleagues, friends and family. The average American has $116 in unused gift cards.

The most well known categories of gift cards are restaurants, department stores, Prepaid cards (Visa/Master Card/ American Express/Discover Gift Card), online stores such as Amazon gift cards, coffee shops and entertainment.

What is an Amazon Gift Card?

Amazon Gift Card is prepaid Vouchers with Instant Discounts and Can be easily converted into Amazon Pay balance to shop over 10Cr+ Products.

Amazon.com Gift Cards never expire and carry no fees. Multiple gift card designs and denominations to choose from. Redeemable towards millions of items store-wide at Amazon.com or certain affiliated websites. Available for immediate delivery. Gift cards sent by email can be scheduled up to a year in advance.

Can I Turn My Amazon Gift Card into Cash?

Yes! you can convert your Amazon gift card into cash by selling it on any gift card exchange platform of your choice. If you want to sell your Amazon gift card for cash quickly, set the price between 2% and 15% of the original amount. But how quickly the gift card will sell depends on its popularity.

In order to get cash from your gift card, you will simply state the brand of your gift card, state the gift card balance, send the card details and then set your selling price.

Sell Amazon Gift Card Online Instantly

Dedicated Gift Card Marketplaces:

• CardCash: Up to 92% of your card's value, quick payouts via ACH, PayPal, or check. Easy to use and supports many brands.
• Raise: Marketplace feel, buyers purchase at a discount but you might get a higher percentage.
• GiftCash: Up to 93% payouts, instant offers for select brands, option for Bitcoin payout.
• CardSell: Competitive offers, multiple payout options (PayPal, bank transfers, Venmo).
• ClipKard: Simple interface, app for mobile selling, instant quotes, accepts physical/digital cards.

Amazon-Specific Options:

• Amazon Gift Card Exchange: Official Amazon program, exchange for other Amazon gift cards or credit to your account (not cash).
• Sell directly on Amazon: List your card on Amazon Marketplace, buyers pay you directly and you ship the physical card. Requires an Amazon seller account.

Other Options:

• eBay: Large audience, potential for higher prices, but fees and scams can be concerns.
• Facebook Marketplace: Sell locally, potentially fetch higher prices but requires meeting in person.
• Gift Card Kiosks: Instant selling at some retail stores, often at lower payout rates.

Tips for Selling Your Amazon Gift Card:

• Compare offers: Check multiple platforms to get the best deal.
• Consider fees and processing times: Understand how much you'll actually receive and how long it takes to get the money.
• Stick to reputable platforms: Look for established and well-reviewed options to minimize scam risks.
• Be transparent: Provide accurate information about your card (amount, type, condition).
• Set a competitive price: Research current market rates for Amazon gift cards.
• Be cautious of unsolicited offers: Be wary of emails or messages offering to buy your card at a premium price, these can be scams.

Bonus:

• Check for expired Amazon gift cards. Expired cards can still be sold via dedicated marketplaces, though at a lower price.
• Research Amazon gift card promotions. Sometimes deals pop up that offer bonus values for gift card exchanges or purchases.

By following these tips and exploring the various options, you can effectively sell your Amazon gift card and get that sweet cash in your hands! Remember, prioritize safety and do your research before choosing a platform to ensure a smooth and successful transaction.