Some of the links in this article come from our advertisers. Learn more about how we make money. Are you looking to quickly make money? You can sell your Amazon gift card balance. Amazon sells many items so there are lots of buyers for unwanted gift cards.
You can sell partially or fully used gift cards online or locally.
How to Sell Your Amazon Gift Card
Buyers will buy gift cards in a variety of ways as long as the balance on their gift cards is correct.
1. Raise
Discounted gift card marketplaces like Raise are a great place for you to sell Amazon gift cards due to the seller protection benefits.
Digital gift cards can be sold for Amazon, as well as any other retailer or restaurant. You simply need to enter the serial number of the gift card and Raise will verify that the balance is correct before you publish the listing.
You can sell Amazon gift cards at face value without any seller fees. Raise allows only select sellers to sell Amazon gift cards, but anyone can sell gift card brands.
You can list your gift cards for free when you make a sale. Raise retains 15% of the selling price. This fee is comparable to other marketplaces.
There are many payment options available:
- Direct deposit
- PayPal
- Check out
Also read: Top 10 Ways To Get Free Stocks
2. eBay
You can also sell your cards via eBay. You can sell your card on eBay for up to twice the retail price. International buyers will take advantage of the gift card exchange rate to purchase “cheap” Amazon Cards in U.S. Dollars.
This type of currency arbitrage allows you to recover the seller fees and profit.
A recent $10 card balance sold for $12.50, after five bids and with only four days left. A $500 card was also being sold by another seller for $535.
Shipping fees and selling fees equal 10% of the final sale price. Although the total fees are lower than gift card marketplaces, you have less seller protection.
Advice to avoid buyer scams:
- Never email the gift card number directly to the buyer
- Send the card only to verified PayPal addresses
- Only sell to buyers who have received positive feedback in the past
In the past novice sellers only emailed the code and never mailed the card to the buyer. The buyer will instantly redeem the card balance and file a complaint.
If eBay or PayPal decides against you, you will need to issue a refund. Otherwise, you can lose your gift card.
It is important to use common sense when selling online via a marketplace that does not offer gift cards, such as Raise. Raise offers greater seller protection benefits. This can help you make more money.
3. Sell on Reddit
Reddit is a social media platform that has a subreddit for Gift Card Exchange (thread).
You can state that you have an Amazon Gift Card and the current balance. Next, list the items you are willing to trade it.
You have the following payment options:
- Cash (PayPal, Cash App, Venmo, etc.)
- Gift certificates
- Cryptocurrency
It’s possible to see other people asking for an Amazon card.
Reddit allows you to sell gift cards for free, but you must follow the community guidelines. Moderators must approve gift card balances greater than $250.
You can request subreddit moderators for a background check on potential buyers as an additional layer of security.
Reddit doesn’t offer seller protection, and it is risky than using a gift-card marketplace.
4. Trade on Reddit
The Reddit Barter subreddit allows you to exchange Amazon gift cards for tangible items or services. If you are willing to accept their gift card, you might also find other people who need it.
You can trade to avoid PayPal processing fees that you might incur with the gift card exchange subreddit.
Before listing gift cards, make sure you read the rules of the subreddit. You might be able, for example, to trade a gift card for video gaming or graphic design services.
5. Craigslist
Craigslist is another place where you can sell Amazon gift cards. When you meet with the buyer, be prepared to verify that the gift card is still valid.
The balance can most likely be checked using your smartphone. If you have to use a tablet or computer, you can also meet at a public Wi-Fi hotspot.
Although you may need to travel some distance to get to the meeting place, you will still receive cash and will not be charged transaction fees like you would with online sales.
You can trade your gift cards for actual merchandise as well.
6. Facebook
You can also sell unwanted Amazon cards on the Facebook Marketplace. This social media platform is more popular than Craigslist depending on where you live.
You can list gift cards for free and buyers can pay by cash or debit card.
Accepting debit card payments does not require you to pay any transaction fees.
You can list your cards on Facebook Marketplace, as well as local buy and sale groups. To ensure that you are able to sell Amazon gift cards, make sure to review the guidelines for your group.
To advertise gift cards, you can also try other Craigslist alternatives.
7. Sell on OfferUp
OfferUp allows you to sell to local buyers, or to mail your items to distant buyers.
Local sales are free, but sellers must pay a fee for shipping items. The service fee can be either $1.99 or 12.9% depending on the item’s sales price.
Also read: Get Paid to Sign Up: Top 10 Websites to Make Money
8. BuyBackWorld
BuyBackWorld purchases gift cards and used electronics. Enter your gift card balance to receive an instant price quote.
You have several payment options:
- PayPal
- Check out
- Direct deposit
- Prepaid debit card
- Store Credit
You can redeem a 5% bonus by choosing the BuyBackWorld credit. This option is for buying used cell phones and other electronic items.
9. Flip items purchased on Amazon
Do you enjoy the challenge of being an entrepreneur?
You can make a profit selling items that you purchased with your Amazon gift cards is an excellent example of making money with retail arbitrage.
Although there are additional steps to make money, it can be a rewarding experience that is more lucrative than selling the product at a discounted price online.
You can also earn cash rewards if you’re an Amazon Prime member and have an Amazon credit card. This can help you maximize your profit.
10. Amazon Pay
Amazon gift cards can be used at other online retailers. You might be able to shop at an online store that you frequent with AmazonPay and pay with Amazon cash.
This eliminates the need to trade gift cards and could result in you losing a few bucks due to trade fees.
Amazon Pay is completely free and new merchants are added every day.
Last Line — Sell your Amazon gift cards
It’s easy to trade or sell your Amazon gift cards if you want to make more money. You can trade your gift cards and make a profit, as there is always a demand for them. Both the buyer and you win, and you walk away with extra cash in your pocket.
