CardCash.com, the Solution to Unwanted Gift Cards

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credit card advice

CardRates.com Staff
By: CardRates.com Staff
Posted: June 26, 2015
Our personal finance experts dish out the most trusted credit card advice on the web, including juicy tips, tricks and secrets from inside the credit card industry.

So Christmas just happened and there’s a good chance someone, maybe your uncle, stuck a gift card in his Christmas card to you. Nestled between his well-wishes and corny jokes is a $25 gift card falls for Longhorn Steakhouse.

“Gee, that was awfully nice of him,” you might say. Only one problem — you’re vegan.

Instead of having to go through the awkward process of sending the gift card back to your uncle or feeling guilt when you give it to someone else instead, you could take that card and turn it into cold, hard cash at CardCash.com.

How it works

Once you have your gift card, simply enter the merchant’s name and the face value of the card. CardCash.com will then run its algorithms and provide you an offer, minus a 3 to 30 percent transaction fee, depending on the merchant and demand.

Once the site confirms your offer, you can either mail the gift card or enter its code on the site, if the card is usable online.

CardCash.com will then give you the option to receive funds via a Paypal account, check, direct deposit or Amazon Dollars (which also comes with a 5 percent bonus!)

That’s it! Pretty simple, right?

Of course, if you’re in the market to buy a gift card, CardCash.com has you covered as well. Because they’re able to buy gift cards at a discount, they pass the savings onto consumers.

It’s not uncommon for buyers to find gift cards discounted as much as 30 percent (meaning you’d pay $35 for a gift card worth $50).

Photo credit: CardCash.com