With gift cards becoming a popular choice for gifts, it is quite likely that you have received several. And, many of them might still be unused. Those unused gift cards can earn you cash if you decide to sell them.

Let’s see how you can sell your gift cards in UKsecurely:

Begin by Assessing the Value of Your Gift Card

Before selling your gift card, it’s important to know its value. Check the balance by visiting the retailer’s website or calling the customer service number on the back of the card. Make sure the card hasn’t expired and that it has the full value you expect.

Select the Platform

You would be pleased to know that there are several online platforms allowing the sale and purchase of gift cards. Online marketplaces like CardPEM offer a safe platform to let the transactions happen. Not only do these websites attract a large number of sellers and buyers, but they also determine safe transactions to minimize the risk of fraud.

Alternatively, you can even consider social media and local classifieds to sell directly to local buyers. However, you need to practice caution as you may not know the buyer and their real intention.

Preparing Gift Cards for Sale

• Ensure that the card is in good condition to attract buyers.
• Verify the balance and double-check it to avoid disputes.
• Clean the card by removing any stickers or residue and ensure the card looks presentable.
• Include the original purchase receipt, if possible, to prove the card’s authenticity.

Set a Competitive Price

When setting a price, consider the card’s face value and the current market rate. Research similar listings to get an idea of what buyers are willing to pay.

Then, list your gift card by providing a clear description, upload high-quality pictures, and offer flexible payment methods.

To safely sell your gift cards in the UK, do not provide card details before receiving the payment.