We know exactly how it goes: over the years, you’ve collected gift cards from family and friends. The occasions have been varied: birthdays, holidays, anniversaries, simple “Thank You’s.” Now, however, the gift cards have expanded to overwhelm your junk drawer. Every time you look at them, you feel bad about not using them. The trouble is, though, none of them are issued by merchants you shop or dine with.
You’re between a rock and a hard place, and you’re not sure what to do.
Fortunately, you have options: if you have dozens of gift cards on hand but aren’t sure what to do with them, it’s time to sell gift cards in bulk. Read on for your complete guide.
The First Step: Gathering All of Your Gift Cards
The first step to selling gift cards in bulk is to collect all the cards you have on hand. To trade them as quickly and easily as possible, you’ll need each card’s face value (if you don’t know this offhand, or you’ve lost the original packaging the card came in, you can check this on the card issuer’s website), and the pin number for the card – if it has one.
To make this process as easy as possible, you may want to create a spreadsheet or hand-written note that organizes each card according to type, and then outlines its face value and pin number.
What to Do Next
Once you’ve collected all your gift cards, it’s time to start trading them in. At this point, hopefully, you’ve chosen a vendor with which to sell your cards. While it’s possible to do this in-person, at a CoinStar location or through a kiosk in a store like Target or Wal-Mart, you’ll get more money for your cards and have a simpler experience if you use an online vendor like EJ Gift Cards. Plus, you won’t have to go anywhere in the process!
To start trading your cards, just navigate to the homepage of the vendor you’ve chosen. If you were using EJ Gift Cards, for example, you’d select the “sell gift cards” tab, select your merchant from the drop-down menu, input the card’s available balance, and get an immediate offer.
Keep in mind that you’ll have to enter each gift card’s information separately, even if you have several cards from the same retailer. Right now, there isn’t an easy way to combine gift cards from one retailer for a more streamlined transaction. While this may take a bit of additional time, it’s all worth it at the end, when you receive your big payoff!
Once you’ve seen the offer, it’s up to you to accept or deny it. If you accept it, you’ll simply have to input a credit card number to verify your identity and the information for the PayPal email address where you’d like to receive payment.
When Will Your Payment Come Through?
Once you accept your offer and input your preferred payment method, you should see the payment in anywhere between a few hours and a few days. The entire point of online vendors who sell gift cards is to issue payment as quickly as possible since sites like EJ Gift Cards understand that it’s your cash on that card, and you probably have better things you’d like to be doing with it.
If you’re concerned with getting your payment as quickly as possible, be sure to opt for electronic payment (through a service like PayPal or Stripe) rather than a mailed check, which can take weeks to come through.
Sell Gift Cards – Live Happier
If you’ve got a host of unused gift cards lying around, you’re essentially sitting on a gold mine. Instead of letting the money on these cards go to waste, put it to good use by choosing to sell your gift cards online. Although selling gift cards in bulk can be a bit time-consuming, it’s a fantastic way to get a big payout for your unwanted cards and clear out your junk drawer all at once.
When you sell gift cards, you get cash in hand that allows you to do things like save for the future, buy yourself something nice, take a friend out for a meal, or work toward your financial goals. Ideal for anyone who wants to get rid of the gift card mess lurking in that hidden drawer, selling gift cards is a great way to get an unexpected return, free yourself from clutter, and live a happier, wealthier life!
Visit EJ Gift Cards to sell gift cards now!